Impact Of Cotton Price Trend On Textile Industry In 2012
In 2012, the global economy will continue to be troubled by the European debt problem. China's economic growth will slow down, but the people can.
Control
Income grew steadily.
clothing
The ability to sell domestically increased.
European consumption capacity is difficult to release, the EU as China's largest export of textile and clothing.
Trade
The market is expected to trade steadily in 2012.
Imports and exports of textiles and clothing from the United States are expected to remain stable, while Japan is steadily rising.
In 2012, industrial policies will continue to play an important regulatory role and effectively prevent cotton prices from skyrocketing and plummeting.
It is estimated that the total volume of storage will exceed 3 million tons this year, or even half of the output of new cotton, which will push cotton prices down.
The quota policy of imported cotton will play a more important role in adjusting domestic cotton prices.
Cotton production is severely suppressed in the 2011/2012 cotton market. It is widely expected that cotton production in 2012 will be reduced by about 9%.
However, the state has not restricted the purchase and storage of the market, which has made the market supply in 2012 confusing, and gradually increasing the total volume of storage and acquisition, which has made the market anticipate stronger cotton futures, and the far month contract will continue to be supported by this.
Textile demand will remain stable, and total cotton demand is expected to be around 9 million 500 thousand tons.
The textile industry is the main demand of cotton. In the background of the slowdown in textile and clothing trade and even a slight shrinkage and the potential of domestic sales, the domestic textile industry will maintain a stable position in 2012.
Market structure analysis
At present, the price of domestic cotton is obviously stronger than that of imported cotton, and the internal and external cotton price is as high as 1.15.
Driven by the price of domestic cotton, the price of imported cotton began to rise.
The factors affecting the trend of cotton prices in 2012 are very uncertain before the arrival of the closing date of the temporary storage and purchase (March 31, 2012).
During the period from April to the new cotton market, the total volume of cotton purchase and storage, planting expectations and growth, textile industry warming, and the progress of import cotton quota issuance will all affect cotton prices.
In 2012, China's textile and garment export market can not be slowed down, but it is expected that cotton prices will develop steadily, providing a stable market and healing time for the textile industry.
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