US cotton prices have been falling after US banned Xinjiang's cotton. Why?

The common logic is that the cotton price will rise after a ban because of supply shortage but the US cotton price has been falling instead.

The US cotton price has been falling since Feb 2021 because the US has been cutting back on Xinjiang's cotton.  Why is this so?

Well, the rationale is China has to import 2-3m tonnes of cotton annually to meet its domestic demands.  Thus, China will be consuming more Xinjiang's cotton now instead of importing the US cotton and this has resulted in an oversupply in the US which causes the weakening prices.

The US thought that it could impoverish Xinjiang and cause Uyghurs' uprising in Xinjiang but it was hurting its own cotton industry in the end.

Nothing kills more than your own stupidity. Hahaha!