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From November 11 to November 17, the national seed cotton purchase volume was 604,000 tons, down 60.2% month-on-month; Xinjiang purchased 598,000 tons, down 60.4% month-on-month, including 99,000 tons of hand-picked cotton, 499,000 tons of machine-picked cotton, and 6,000 tons of mainland cotton. According to the General Administration of Customs, in October 2024, China imported 120,000 tons of cotton yarn, a year-on-year decrease of 50,000 tons, a decrease of 27%.From January to October 2024, a total of 1.25 million tons of cotton yarn were imported, a year-on-year decrease of 130,000 tons, or 9.8%. According to the statistics of the textile raw material market in Zhangjiagang Free Trade Zone, as of November 18, 2024, the total cotton inventory in Zhangjiagang Free Trade Zone was 55,700 tons, a decrease of 1.40% from the previous month; Among them, 53,500 tons of bonded cotton, a decrease of 1.10% from the previous month; 2,200 tons of non-bonded cotton, a decrease of 8.14% from the previous month. According to statistics, as of November 14, the inventory of major ports of imported cotton increased by 1% week-on-week, with a total inventory of 492,000 tons.Among them, the inventory of imported cotton in Qingdao, Jinan port and surrounding warehouses in Shandong is about 400,000 tons, an increase of 1% week-on-week, and the inventory is 48% higher than that of the same period last year; The inventory of imported cotton in Zhangjiagang Port and surrounding warehouses in Jiangsu is about 58,000 tons, and the inventory of other ports is about 34,000 tons.This week, the inventory of imported cotton in the port increased slightly, the speed of cotton out of Qingdao Port slowed down and the amount of cotton in storage increased slightly, and most of the storage was mainly Brazilian cotton.