Foreword

In 2022, cotton market has experienced unprecedented changes again. The rate of interest rate hike by the U.S. Fed reached the highest since the early 1980s, and ZCE cotton futures slumped by nearly 10,000yuan/mt. International situation has become more tense and China's COVID-19 policy made a big turn in end year. Everything is waiting to be rallied. Then, will cotton textile market recover in 2023?

2023 is the first year after the re-opening of China. In the first quarter, the suppressed demand is released gradually, but will the growth sustain, and will the weak overseas demand improve in the second half year? What is the different performance of apparel and home textile markets? What is the performance of the Southeast Asian market when China's export encounters challenges? For the cotton market, the harvest-rush of seed cotton in 2021/22 has boosted the cotton price to more than 20,000yuan/mt, and will the situation appear again in 2023/24? Can the macro situation be stabilized?
In response to the above hot spots, we would like to discuss with you on 2023 China Cotton Textile Forum. We sincerely look forward to your participation!