Vietnamese yarn accounts for 63.9% of China's cotton yarn imports in June

I. China's cotton yarn imports totaled 93.3kt in Jun

In Jun 2025, China's cotton yarn imports declined to around 93.3kt, an increase of 6.1kt compared to May but a slight decrease of 3.2kt year-on-year compared to June 2024. From Jan-Jun 2025, China's total import of cotton yarn reached 589.6kt, reflecting an overall decline of 110kt compared to the same period last year. After the Sino-U.S. negotiations in May, some domestic importers resumed cotton yarn purchases, and the accumulation of inventories at yarn mills shortened the overall overseas delivery cycle, resulting in faster shipment speeds.

In terms of the average import price of cotton yarn, the overall import unit price of China's cotton yarn in June was about $2.28/kg, a slight increase compared with $2.26/kg in May. The import unit price of Vietnamese yarn also rose slightly, possibly due to the increased proportion of purchases of ring-spun yarns. The import unit price of Pakistani yarn dropped the fastest, falling from $2.4/kg in March to $2.31/kg in June, with the average import cost saving 700-800yuan/mt.

II China's cotton yarn imports by origin in Jun 2025

In June, Vietnamese yarn reached a record high, accounting for 63.9% of total imports. The main reasons were Vietnam's shorter delivery times and its determination to lower prices to secure orders, attracting Chinese buyers to purchase at low prices. For example, the lowest transaction price for Vietnamese carded 32S for air-jet once dropped to $2.48–2.49/kg, equivalent to approximately 20,500–20,700yuan/mt. Meanwhile, Pakistani yarn imports remained around 10,000 tons, Malaysian yarn imports totaled 7,462 tons, while imports from India and Uzbekistan continued to decline.

III China's cotton yarn imports by structure in Jun 2025

In June, China's cotton yarn cotton yarn imports by structure remained relatively stable. Among them, carded single yarn 8-25s still accounted for over 50% of total imports, reaching 48.6kt. Meanwhile, imports of carded yarn 30-47s continued to decline, dropping by approximately 500 tons from May to 4.71kt. In contrast, imports of combed cotton yarn saw some growth. Specifically, combed single yarn arrivals 25-30s totaled 5.8kt, while combed single yarn 30-47s imports reached 5.5kt, showing a noticeable recovery compared to May.

IV. China's blended cotton yarn imports in Jun 2025

China's imports of blended cotton yarn reached 15.7kt in Jun 2025, an increase of approximately 2.5kt compared to May. From January to June 2025, cumulative imports of blended cotton yarns reached 80.2kt. Among the imported blended cotton yarn, about 14.1kt originated from Vietnam, accounting for around 89.9%. The previously low prices of Vietnamese blended yarn attracted replenishment purchases from some importers, with order costs offering a profit margin of several hundred yuan compared to domestic spot CVC and TC yarns. It is expected that the arrival volume of imported blended yarn in July will remain substantial.