Last week, China purchased the most U.S. cotton ever

Data released by the U.S. government on May 22 showed that Chinese buyers continued to purchase U.S. cotton at the most active level in two years last week, increasing expectations for a recovery in Chinese demand and triggering concerns about tightening cotton supply in recent months. . China is the world’s largest cotton consumer. In the week ending May 15, Chinese cotton mills and merchants purchased 269,300 bales of upland cotton, the largest single-week purchase of upland cotton in China in two years.