Foreword

In 2024, the global political and economic situation remains turbulent with factors such as wars, elections, and interest rate cuts continuously impacting the market. Stock and commodity markets are volatile frequently. In face of such complicated macro environment, how about the status quo of cotton textile enterprises? In 2023/24 season, the cotton supply and demand situation is gradually becoming clearer. What changes will the supply and demand situation bring in the upcoming new season? How will the new cotton procurement situation unfold? With changes in industrial policies in Xinjiang, how do the operating conditions of spinners in Xinjiang and outside Xinjiang differ? What are the future trends?

Under the new retail model, the upstream and midstream industry is disturbed by the seasonality. How can yarn and fabric enterprises grasp the rhythm? How can traditional industries integrate with the internet and futures tools to seek new order and pricing models? New rules for cotton yarn futures have been introduced. What are the changes and how should they be interpreted? Addressing but not limited to the above hot topics, Zhejiang Huarui Information Consulting Co., Ltd (www.tteb.com and www.ccfgroup.com) will host 2024 China Cotton Textile Forum in Hangzhou, Zhejiang on June 21, 2024, inviting elites from all sectors to gather, promote industry collaboration, and work together for development.