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The Cotton Import Market In The Traditional Peak Season Of Cotton Textile Industry Is In A Doldrums.

2013/12/28 10:54:00 24

Cotton Textile Industry Cotton Import Quotations

now is the traditional peak season for cotton textile industry, but the whole market seems to be abnormal, especially cotton imports. The latest statistics from Qingdao Customs show that in the first 11 months of this year, Shandong Port imported 1 million 458 thousand tons of cotton, a decrease of 14.5% compared to the same period last year; the value was 2 billion 950 million US dollars, a decrease of 24.6%; the average import price was 2022 US dollars per ton, down 11.9%. Behind the decline of cotton import and export prices, it reflects the embarrassing predicament of the cotton textile industry. 
 it is understood that the main reason for this phenomenon is that < a href= "//www.sjfzxm.com/news/index_c.asp" > textile enterprises > /a > wait-and-see atmosphere is strong, aggravating imports decline. Since the beginning of this year, with the continuous upgrading and structural adjustment of the cotton textile industry, the capacity of China's textile industry has been concentrating more on large enterprises, and many small and medium enterprises are under great pressure to survive. According to the enterprise, after October, the main cotton textile enterprises will celebrate the peak of holiday orders. 
 but since the 4 quarter of this year, the downstream demand of cotton yarn and cloth has been relatively plain. Most of the enterprises' orders can only satisfy the daily operation, so there is no desire to hoard cotton. In addition, this year's cotton market in India has been postponed for nearly a month, so many enterprises expect cotton prices to decline after the India cotton concentrate listing in the 11 to the beginning of December. 
 addition, < a href= "//www.sjfzxm.com/news/index_c.asp" > cotton yarn < /a > import volume is increasing rapidly, which is an important factor for the low import cotton price. It is understood that compared with other countries such as South Asia and Southeast Asia, the price of cotton in China is 4000 yuan to 5000 yuan per ton, and cotton yarn price is more than 1000 yuan per ton. Because of the quota control of cotton imports in China, many cotton enterprises purchase a lot of cheap cotton yarn abroad instead of cotton. A large number of cheap cotton yarn poured into the domestic market, and again suppressed domestic cotton prices. The latest round of selling of domestic cotton reserves is very cold. 
 because China's cotton inventories have increased significantly in recent years, import demand this year is expected to fall by 46%, which will directly affect the global cotton trade which has always been supported by China's cotton import demand. 
 cotton prices are relatively high, resulting in increased cotton production, but also limits the growth of cotton mill usage. Global inventory growth is mainly due to China's policy support price, and because of the state's reserve cotton purchase, China has taken away a large supply of cotton from the market. 
 it is worth noting that China's trial of cotton temporary storage and storage system for more than 3 years has objectively resulted in a high price difference between cotton and domestic products, which has become increasingly inconsistent. Recently, the Ministry of agriculture and the China Textile Industry Federation have revealed to the outside world the reform direction of the cancellation of cotton storage and the adoption of national direct subsidy. The 2014/2015 cotton season is basically determined, and the policy of cotton temporary storage in China will no longer be implemented, and it may be carried out in Xinjiang. It is hoped that the implementation of this "New Deal" will really benefit cotton farmers and form a rational market mechanism. The relevant departments should also encourage and guide the domestic textile industry to speed up industrial upgrading, enhance the competitiveness and bargaining power of our products, thereby reducing the sensitivity to the rise in cotton prices.