Vietnam's textile and garment industry accelerated this year. expand In recent months Spin The demand for raw cotton is increasing. Cotton imports increased to 32 thousand tons in October, an increase of 6.7% over the same period last year, a record high in the past.

According to the latest forecast by the US Department of agriculture, Vietnam's cotton imports will reach 370 thousand tons this year. According to this goal, Vietnam needs to import at least 30 thousand tons of cotton per month for the rest of the year. Up to now, Vietnam's cotton imports in the first three months of this year are all above 30 thousand tons, so this year's cotton imports are expected to reach the highest level in the previous year.

　 However, due to soaring global cotton prices, Vietnam cotton in October Imported The cost has climbed to a record high of 92.1 cents / pound, and Vietnamese textile mills have to accept the fact that the price is high. If consumers do not want to pay the bill, it will affect the bright prospects of Vietnam's cotton import and clothing export this year.