November Yarn Production Year-On-Year, Double Growth Ring
Statistics show that the yarn production in November increased year by year compared with the same period last year. The tight supply of cotton has limited the yarn output, while the decline in cotton prices has led to a further decline in cotton blending ratio.
In November 2010, the yarn production of Enterprises above Designated Size reached 2 million 467 thousand tons, an increase of 2.62%, an increase of 11.48% over the same period last year, and a cumulative production of 24 million 852 thousand tons in 1-11 months, an increase of 14.7% over the same period last year.
According to the BOABC model, the volume of spinning cotton used by Enterprises above Designated Size reached 1 million 47 thousand tons in November 2010, an increase of 2.6% compared to the same period, an increase of 9.86% over the same period last year. The amount of cotton used in spinning in the 1-11 months was 10 million 542 thousand tons, an increase of 13.5% over last year.
The total cotton consumption of the textile enterprises in the whole country was 1 million 76 thousand tons in November.
Imports are expected to be 11 at the end of the month.
Cotton bank
The total storage volume is 5 million 621 thousand tons, and the inventory coefficient at the end of the month is 5.2, which is the lowest inventory consumption ratio in the same period.
Stock composition, there was no cotton auction in November, and the national reserve margin was 140 thousand tons.
Considering the new acquisition of cotton, the inventory of textile enterprises is expected to be more than 1 months, equivalent to 1 million 270 thousand tons of lint, and traders' inventory is estimated to be about 2 million 357 thousand tons. Most farmers are relatively satisfied with cotton prices, cotton growers reach 67.5% of the total harvest, and the stock of farmers' cotton stores is about 1 million 854 thousand tons.
In the new crop year, the global economy continues to recover, pushing up the price of cotton and cotton yarn. The excessive increase in cotton prices will drive more chemical fiber to replace cotton. The amount of cotton used in spinning has decreased by 10 million 954 thousand tons, and the domestic production demand gap has been 3 million 828 thousand tons.
According to the Bureau of statistics November and the history of different varieties of yarn production, November
Pure cotton yarn
The output is 1 million 844 thousand tons, the blended yarn output is 272 thousand tons, and the chemical fiber yarn output is 351 thousand tons, up by 4.9%, 14.3% and 27.5%, respectively.
The cumulative yarn production in 1-11 months was 18 million 935 thousand tons of pure cotton yarn, 2 million 456 thousand tons of mixed textiles and 3 million 444 thousand tons of chemical fiber yarn, up 12%, 20.3% and 26.5%, respectively.
The proportion of blended yarns was calculated according to the specific gravity of 65/35 fiber. In November, the ratio of cotton to cotton per month was 78.61%, down 2.5% from the same period last year, and the cumulative decline was 1.7%.
The reduction of cotton blending ratio in November is the adaptive adjustment of cotton prices. The cotton blending ratio will continue to decline in the later stage, and the utilization of waste cotton and fiber will further increase.
According to cotton blending ratio and yarn production, cotton consumption in November was 1 million 932 thousand tons, up 5.3% over the same period last year.
1-11 months
Cotton consumption
The volume was 19 million 794 thousand tons, an increase of 12.3% over the same period last year.
Considering the 6% loss and 15% of other biomass fiber and the reuse of waste cotton fiber, the consumption of cotton in November was 1 million 747 thousand tons, and the total consumption of cotton in 1-11 months was 17 million 568 thousand tons.
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