How To Follow The Multiple Changes In The Raw Material Market?

According to China Customs statistics, the number of yarn exports decreased by 13.1% in 2012, while the number of imports increased by 13.4% in 1~3 months. 2. In March, the net import volume of cotton yarn increased by 213.3% and 159.2% respectively.

At home and abroad Cotton price The upside down phenomenon is aggravated, and the spread of price spreads sharply. The cost of raw materials of domestic spinning enterprises has been pushed up, and their competitiveness has been weakened. The yarn products of Pakistan, India and other countries have expanded rapidly to the Chinese market by virtue of their huge price advantage. The analysis shows that the domestic cotton price will be higher than the international cotton price. Under the background of the adjustment and change of China's import and export pattern, China's spinning enterprises must spanform as soon as possible, take the high-end product line, take the high technology content and added value to get rid of the past relying on the development mode of low labor force.

Import growth

Exports continue to slide

According to China Customs statistics, the number of yarn imports and exports in 2012 1~3 was 1 million 238 thousand tons, down 4.5% from the same period last year, and the import and export volume was 4 billion 390 million US dollars, down 9.2% from the same period last year. The number of exports was 759 thousand tons, down 13.1%; exports amounted to 2 billion 710 million US dollars, down 15.3%; the average export price was 3.57 US dollars / kg, down 2.54%. The import volume was 478 thousand tons, an increase of 13.4%, and the import amount was 1 billion 680 million US dollars, an increase of 2.8%.

From the perspective of single month exports, the amount of single month export in March declined, and the export unit price declined slightly. In March, the number of yarn exports was 305 thousand and 500 tons, down 15.9%, the ring increased by 34.3%, the export amount was 1 billion 130 million US dollars, 19.4% and 44.8% year-on-year; the export unit price decreased slightly, 3.71 US dollars / kg, down 4.1%. In March, the export amount of wool wool yarn increased to 15.8%, and the export amount of cotton yarn line, silk thread and chemical fiber yarn decreased by 31.4%, 23.3% and 19.1% over the same period.

In March, the export prices of wool, animal hair and chemical fiber yarns increased year by year, and cotton yarns and silk yarns dropped to varying degrees. Wool, animal hair yarn 29.6 US dollars / kg, an increase of 16.8%; Chemical fiber yarn The unit price was 3.44 US dollars / kg, an increase of 1%; the export price of cotton yarn and silk thread was 5.04 US dollars / kg and 32.2 US dollars / kg respectively, down 12.9% and 12% respectively.

In addition, net imports of cotton yarn increased by 213.3% and 159.2% respectively in two or three months. From 1995 to 2011, the import and export volume of China's cotton yarn has always been in deficit, and the unit price of imports is lower than that of exports. In 2011, the difference between cotton and yarn imports and exports reached 512 thousand tons, indicating that there are still gaps in China's yarn. Signs of increased import of yarn indicate that even in the situation of slowing economic growth, there are still a certain number of domestic demand. However, due to the excessive price of cotton at home and abroad, the price of domestic cotton yarn is not competitive, making some domestic demand full of external market. The number of cotton yarn imported from Pakistan and India in China increased by 36% and 54% respectively during the 1~2 months of this year, of which cotton yarn grew by 48% and 52% respectively.

The expansion of raw material prices at home and abroad has brought high cost raw material pressure to China's cotton textile enterprises, and the number of enterprise orders has dropped sharply. Small and medium-sized enterprises have limited production, reduced production or even shut down due to lack of orders. At the same time, China's cotton textiles do not have the price competitive advantage in the middle and low end market. Southeast Asian countries compete with China for international market share with their raw materials and processing cost advantages. Domestic high cotton prices make China's cotton business demand for international cotton urgently. However, restricted by quotas, enterprises will import imported cotton to import international cotton yarn. Therefore, the demand of China's textile enterprises for middle and low end cotton gauze is mostly imported.

High cost

Order spanfer trend is obvious

At the 111st Canton Fair held recently, textile enterprises reflected the poor export performance, the obvious trend of low-end orders outflow, and failed to see the obvious improvement of textile and clothing exports after May.

For the reasons for the outflow of orders, enterprises generally blame domestic and foreign cotton prices hanging upside down. 2011/2012 cotton year, due to the weak demand for the lower reaches, the international cotton price continued to decline, and the domestic price of cotton at the price of 19800 yuan / ton has set up a "bottom" for cotton prices, and domestic and foreign cotton prices have become upside down, and the price gap has been widening. Due to quota restrictions, many enterprises are unable to purchase international low price cotton. The huge cost of cotton making has greatly affected the international competitiveness of China's cotton textiles. The prices of cotton yarn in India, Pakistan, Vietnam and other countries are much lower than that in China, and they occupy a lot of market share. It is estimated that the difference between domestic and foreign cotton prices is 3000~4000 yuan / ton, while the cost of cotton used by enterprises in India and Pakistan is 7000~8000 yuan / ton lower than that of Chinese enterprises. "The price of India cotton yarn is cheaper than that of domestic cotton, and how can we make cotton yarn, cloth and clothing competitive?" a company official said.

Because of the upside down of domestic and foreign cotton prices, domestic textile enterprises are forced to use the world's highest price of cotton, compared with other textile enterprises, the raw material costs of domestic textile enterprises have been obviously pushed up, and their competitiveness has been weakened. With the gradual loss of price advantage, the loss of orders has become unavoidable. Data show that in 2011, India, Pakistan, Vietnam and other countries took advantage of the cost advantage of cotton to seize our market share in the United States. The number of imported cotton products in the United States decreased from 59% in China to 54% in China. This trend is still evident this year. Vietnam's textile exports increased by 16% and 23% in the US and Japan respectively this year, and imports of cotton garments from Vietnam and Bangladesh increased by 4 percentage points.

In Europe and the United States market demand remains weak, cotton The price inversion makes the textile enterprises that are difficult to pick up the bill even more difficult to continue. A survey conducted recently by the China Textile Industry Federation showed that the international orders of cotton spinning enterprises were the most optimistic, with the growth rate of enterprises being only 13.7%, while 45.1% of the enterprises had reduced international demand orders.

Towards high-end

The production pattern is changing.

Because of the lack of competitiveness in the low-end products, it is inevitable to take the high-end product line as soon as possible. Some spinning enterprises in China began to adjust their product structure voluntarily several years ago. On the one hand, by reducing costs and increasing technology content, we will increase exports of high-end products and participate in international competition with quality products. On the other hand, the demand for some pure cotton products is replaced by cotton blended and non cotton products.

According to the monitoring data and research results of China Cotton Textile Industry Association, in the process of adjusting the product structure, the phenomenon of reducing the proportion of pure cotton products because of the domestic cotton price is not competitive, and the non cotton fiber instead of cotton fiber has become a trend. The emergence of high priced cotton to produce alternative products, the application of non cotton fibers will become the development trend of textile products in the future, and the proportion of cotton products will be reduced.

From the perspective of international production pattern, the competitiveness of Southeast Asia in the low-end sector has increased. As a labor-intensive industry to increase employment and expand exports, the textile industry has developed rapidly in Southeast Asian countries, and has better development environment by virtue of local resources and relatively cheap cost advantages.

In recent years, a spun boom in Southeast Asia started. It is reported that some large spinning enterprises in Vietnam have been put into operation and started construction. The yarn self-sufficiency rate will increase to 70% in 2012, and gradually change the situation of long-term dependence on imports. By the end of 2011, the ting Wu polyester yarn factory invested by Vietnam Petrochemical Fiber Company has been put into operation. In 2012, the yarn output is about 150 thousand ~17.5 million tons, which will meet the domestic market demand of 40%. In June of this year, Japan's Itochu Commercial Co., Ltd. will start construction of the spinning plant in Nam Dinh province. It is expected to be put into operation in 2013, with a total investment of 120 million US dollars, which is 50 thousand spindles. After the project is put into operation, it will further improve the spinning self supply capacity of Vietnam. At present, Vietnam has more than 3700 textile and garment enterprises, and the yarn needed for production is mainly imported from mainland China, Taiwan, China, Korea and India.

Some spinning enterprises in China are also looking to Southeast Asian countries to try to "go out". In addition to enjoying the tax exemption policy for imported raw materials in some Southeast Asian countries, enterprises in Europe, Japan and other developed economies also give Cotton textiles Export preferential tariff policy. With the rising domestic cost and the manufacturing advantages of Southeast Asian countries, the number of spinning capacity spanfer will increase gradually.