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    Textile Industry: Purchase Of Imported Cotton Has Increased

    2011/10/20 14:22:00 37

    Purchase Of Imported Cotton In Textile Industry

    Compared with domestic purchasing and storage prices, the recent international cotton

    Price

    Around the fluctuation of US $1, the price advantage gradually appeared, attracting domestic cotton enterprises to purchase imported cotton slightly increased.

    Domestic cotton imports mainly include India cotton, American cotton, Australian cotton and Brazil cotton.


    Thanks to the increase in China's purchasing demand, the US cotton export data have also improved significantly. The export signing rate in the past month is basically positive, and the haze has changed since the first half of the year.

    In addition to the fall in international cotton prices, there is another important reason for the increase in demand for imported cotton. As the end of the year draws near, cotton import quotas will expire in 2011, and the relevant enterprises try to use quotas before the end of the year.

    Previously, because of the international cotton price higher than the domestic demand and the overall lack of textile industry, the cotton import activity was once depressed.


    Here, two points need to be reminded:


    1, available for import

    Number

    If the imported cotton is used for more than 1% of the quota quota before December 25th, it will be necessary to arrive in Hong Kong by February 20th next year, so that the quota can not be used in time, resulting in waste.

    In addition to Brazil and Australia cotton, 2011 cotton and India cotton are not many, so before purchasing, we must first grasp how much of the two kinds of cotton can be supplied before the required port date.

    market

    Up.


    2, shipping problem.

    In order to meet the needs of market timing, and the two stages of March and May, and the picking and shipping of cotton in the southern hemisphere, the forward purchase of cotton needs to be pported in stages.

    Therefore, in order to avoid the shortage of capacity during shipment, arrangements should be made ahead of schedule before purchasing.

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