Cotton Harvest Is Not Optimistic In 2010. Textile Industry Is Restless.

　　 There are some signs both at home and abroad. cotton The reduction of production, shortage of supply and high price may make the textile industry of labor-intensive exporters face the predicament of production and operation.

Xinjiang, which accounts for about 1/3 of the total cotton planting area in the whole country, has cut cotton production by 21.3% last year due to rain, snow and hail. Cotton harvest is not optimistic in the whole country.

In recent years, China's spot and spot cotton prices have hit record highs as commodity prices have collapsed due to the European debt crisis.

Analysts pointed out that, due to India and other major cotton exporting countries control exports, the United States, West Africa and Central Asia cotton spot reduction, resulting in strong global cotton prices, coupled with the futures market investors optimistic about the rise in cotton prices, and do more, but also to promote cotton prices continue to rise.

Zhao Yumin, a researcher at the Ministry of Commerce, said that due to the sharp reduction in global cotton production and the recent recovery of China's textile industry, the supply and demand relationship between cotton has become tense.

The world's cotton production has decreased continuously since 2007/2008, and the world's cotton output has dropped from 26 million 560 thousand tons to 22 million 400 thousand tons, and has fallen by 15.6%. The situation in 2010/2011 is also not optimistic. Since the end of last year, international Cotton price It has been on the rise. China's cotton price index shows that the price of standard cotton has risen from less than 15000 yuan / ton in February to 16638 yuan / ton in May.

At present, the average amount of cotton used by domestic textile enterprises is 885 thousand tons per month, and 3 million 540 thousand tons will be needed within 4 months before the new cotton market, which means there is a shortfall of 430 thousand tons.

Cotton futures expert Qiao Linsheng said that the shortage of cotton in China's spot market and the decrease in commercial inventories all over the country make cotton prices hard to fall.

The impact of rising cotton prices has been transmitted to textile enterprises. A textile printing and Dyeing Group in Hebei is obviously finding it difficult to buy cotton. cotton The number of days available for inventory has been lowered from the previous two weeks to the current 7 days.

The survey of China Textile Industry Association shows that since March this year, as cotton prices continue to rise, some smaller and less capital enterprises have stopped taking orders, and many looms have been stopping one after another, and the operating rate is decreasing.