In January 2010, United States and other countries in order to prevent inflation, adopted a series of adjustment policies, which led international commodity markets to a continuous drop. International cotton futures market decline sharply in a series of bad news blow. Because there is a big gap between domestic and international cotton prices, the domestic textile and cotton import enterprises had enough quotas and purchased a large number of foreign cotton, the import cotton volume in that month made a sharp increase, 80% are tariff quotas. With the price advantage, Indian is still the largest source country of a share of close to 60%.

According to the statistics of General Administration of Customs, China imported 301,000 tons raw cotton in January 2010, a new high in a year, sharply up by 39% from last month, up by 286% year-on-year. The import cotton valued 512 million U.S. dollars, the average import price is 1699 U.S. dollars / ton, up by 3.6% from last month, up by 22.5% year-on-year. First five months of the 2009 season, China total import cotton 850,000 tons, an increase of 55.5%.

On the trade style, the Ordinary Trade import increased shaply and became the No.1; the Processing with Imported Materials proportion and the Bonded Warehouse Re-export Goods decreased; Bonded Warehouse Exit and Entry Goods kept stable. In that month, the Ordinary Trade import 969,000 tons, account for 32.1%, up by 27 percentage points from last month; the Bonded Warehouse Re-export Goods accounts for 29.5%, the proportion down by 8% from last month; the Bonded Warehouse Exit and Entry Goods account 19%, the Processing with Imported Materials accounts for 19.2%, the proportion down by 18% from last month; the Processing with Supplied Materials are 0.2%.

All the trade style average price rised. Among them, the Processing with Imported Materials became the highest at 1,740 US dollar/ton, the Ordinary Trade at 1,720 US dollar/ton, the Bonded Warehouse Re-export Goods and the Bonded Warehouse Exit and Entry Goods at 1,669 and 1673 dollar/ton.

On the origin country, the quantity from India continued rising, the proportion has been near 60%; U.S.A. cotton kept stable; Uzbekistan rose sharply. In January, China import India cotton 172,000 tons cotton or 57.1% of the imported total amount; U.S.A. 16.9%; Uzbek 11.1%; Australia 2.1%.

On the price, all have rised, among them the USA still is the highest at 2,058 dollars / ton. Pakistan the lowest at 1,496 dollars / ton, India at 1,618 dollars / ton.