In March 2011, Thailand'S Imports Increased By &Nbsp.

March 2011, Thailand cotton Imports exceed 40 thousand tons, of which American cotton Of Imported The volume reached 14 thousand tons, an increase of 117% over the same period. Australia cotton and Brazil cotton The import volume decreased by 76.6% and 75.1% respectively, and the total import volume still hit the highest level in the past 3 years.

In the same month, as global cotton prices rose, the average import cost of Thailand cotton rose to 150 cents / pound, but the Thai baht dollar price rose to 30.04:1, reaching the highest level since the Asian financial crisis in 1997, and played a supporting role in cotton imports. In addition, on the 20 day, the Central Bank of Thailand raised interest rates again, indicating that the Thai baht would still have room for added value. In the coming months, the competitive advantage of the US cotton will continue to grow.

Affected by the rising price of yarn and the "Absence" of India cotton yarn, the export volume of Thailand cotton yarn reached 804 million baht in March, an increase of 118.6% over the same period last year, reaching the highest level in the same period of history. In 1-3 months, the total export volume of cotton yarn in the country reached 1 billion 700 million baht, an increase of 69.4% over the same period last year. Judging from the current situation, Thailand's exports of cotton yarn in 2011 are expected to hit the highest level in many years.