What is the price of cotton per kilogram/pound in China today?
The retail price range for China cotton is between US$ 0.74 and US$ 0.87 per kilogram or between US$ 0.34 and US$ 0.39 per pound(lb). Click here to see today's exact prices of cotton in China
The retail price range in Yuan Renminbi for cotton is between CNY 5.18 and CNY 6.07 per kilogram or between CNY 2.35 and CNY 2.75 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China cotton is between US$ 0.52 and US$ 0.61 per kilogram or between US$ 0.23 and US$ 0.27 per pound(lb).
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China Cotton Export Prices - Historical, Trends and Prediction
The export price of Cotton from China over the last five years has been relatively stable. In 2017, the price per kilogram was 1.77 US dollars, followed by 1.90 US dollars in 2018. In 2019, the price dropped to 1.68 US dollars, and then decreased further to 1.36 US dollars in 2020. However, the price increased again in 2021 to 2.28 US dollars, and then to 3.10 US dollars in 2022. Based on this trend, it is predicted that the export price of Cotton from China in 2023 will be around 3.50 US dollars per kilogram, and in 2024 it will be around 3.90 US dollars per kilogram.The cotton exports from China are categorised as:
- Garnetted stock of cotton (HS code 520291)
- Cotton linters (HS code 140420)
- Cotton yarn waste, incl. thread waste (HS code 520210)
- Cotton waste (excluding yarn waste, thread waste and garnetted stock) (HS code 520299)
- Cotton, carded or combed (HS code 520300)
- Cotton, neither carded nor combed (HS code 520100)
China Cotton Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cotton into China over the last five years has been relatively stable. In 2017, the price was $1.77, followed by $1.90 in 2018, $1.68 in 2019, $1.36 in 2020 and $2.28 in 2021. The highest price was recorded in 2022 at $3.10. This is a significant increase of 72.3% from the previous year. Looking ahead, we can expect the import price of Cotton into China to remain relatively stable in 2023 and 2024, with an estimated price of $2.50 and $2.75 respectively.Export values for China cotton
The total values in export for cotton in China were US$ 31,776, US$ 75,884, US$ 193,360 and US$ 183,122 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in China: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cotton in other countries across Asia: Kazakhstan cotton, Kyrgyzstan cotton, Tajikistan cotton, Turkmenistan cotton, Uzbekistan cotton, China cotton, Hong Kong cotton, Macao cotton, North Korea cotton & Mongolia cotton.
China cotton - Production, Exports, Imports, Seasons and HS Codes
In 2019 China sold 109,020 tonnes of cotton. In 2019 alone, the demand for China cotton (processed category) has improved, recording a change of 7.193 % compared to the year 2018. Between 2017 and 2019, cotton's exports increased by 153.72 percent earning the nation US$183.12m for the year 2019. China's cotton exports are classified as:
- Garnetted stock of cotton (HS code 520291)
- Cotton, neither carded nor combed (HS code 520100)
- Cotton waste (excluding yarn waste, thread waste and garnetted stock) (HS code 520299)
- Cotton, carded or combed (HS code 520300)
- Cotton yarn waste, incl. thread waste (HS code 520210)
- Cotton linters (HS code 140420)
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China cotton export values
In 2019, China supplied cotton costing 183.12m USD, a reduction of -5.30% from 2018's total cotton export of 193.36m USD. The annual change in value of China cotton between 2017 to 2018 was 154.81 pc.
The annual variation in the quantity of China's cotton exports between 2017 and 2019 was 153.72% compared to a variation of 7.193% in the period between 2018 and 2019.
China's share of the world's total cotton's exports in 2019 was less than 1%. China holds number 12 in world exports of cotton.
Export markets for China cotton ( in '000$ )
China's best performing export markets for cotton are Bangladesh, India, Chile, Zambia and Senegal.
Import/Export Trends
China is a net importer of cotton. The annual growth of China cotton in value between 2015 to 2019 was 59%, per annum, while annual growth in quantity through the same period was %, per annum.
China procured 3,878,664 tonnes of cotton in 2019.