Domestic Cotton Supply And Demand Imbalance Aggravated &Nbsp; Import Volume Increased Significantly.

According to customs statistics, in the first 7 months, Shandong Port imported 739 thousand tons of cotton, worth 1 billion 310 million US dollars, an increase of 65.1% and 1.3 times respectively compared with the same period last year. and cotton The average monthly import price has gone all the way this year. Following the June breakthrough of 1800 US dollars / ton mark, it rose to a record high of 1912 US dollars / ton in July, up 44.1% from the same period last year, and once again refreshed the highest level since January 2003.

According to Longkou customs related staff analysis, the first 7 months Shandong port The main reason for the increase in cotton imports is that the growth momentum of the textile industry is good and the domestic cotton supply gap is expanding. In the first half of the year, China's textile industry maintained a relatively fast growth rate, accumulatively spinning 12 million 700 thousand tons, an increase of 16.9% over the same period. Meanwhile, the export garments and accessories 53 billion 230 million dollars, an increase of 16% over the same period last year.

At the same time, cotton production decreased by 14.6% last year. Supply tightening By the end of August, the domestic cotton supply gap reached 1 million - 1 million 400 thousand tons before the new cotton went public. The imbalance between supply and demand of cotton in China has intensified, which has led to a significant increase in cotton imports. In April, the world's second largest exporter of cotton in India suspended cotton export registration and further promoted the rapid rise of international cotton prices.

Along with the import price of cotton, the rising pressure of textile and clothing prices in the lower reaches is highlighting. The customs recommends that the relevant enterprises should actively adjust the structure of textile and clothing products, enhance the added value of products and digest the cost pressure; increase the intensity of technological innovation, and introduce new equipment for energy conservation and consumption reduction, so as to reduce the production cost of textile enterprises.