Southeast Asian Countries Become China'S Spinning Orders.
Customs data show that in April 2012, China imported 430000 tons of cotton yarn, an increase of 40% over the same period last year.
Cotton textiles
Imports increased but exports decreased significantly.
On the one hand, it reflects the weak international market demand and difficult export. On the other hand, it is mainly affected by the high domestic cotton prices. The price advantage of China's cotton textile exports has been weakened and the demand for cotton imports has increased.
In terms of price, domestic and foreign cotton prices are still declining because of insufficient market demand and downstream.
Textile products
The price is fragile, and the import and export price of cotton fabric has shown negative growth.
The export data of the past 4 months show that the international market is still in the doldrums, cotton since last year.
Textile exports
Negative growth trend has not changed. Last year, China's cotton yarn and cotton exports decreased by 18.7% and 10.6% compared with the same period last year, while China's cotton bedding decreased by 21.1%.
Cotton textile trade between China and the main import and export markets declined rapidly last year.
China's share of cotton textile market in Europe, the United States and other developed economies showed a downward trend.
Domestic and international cotton prices have been hanging from December 2010 to June last year.
By the end of June 2011, domestic cotton prices were higher than international cotton prices, and the spread spread gradually. The maximum spread was over 4000 yuan / ton.
Domestic and foreign raw materials prices widening, cotton textile enterprises in China under the pressure of high cost of raw materials, business orders plummeted, due to the lack of orders, small and medium enterprises now limit production or even stop production.
At the same time, China's low-end market cotton textile has lost its low price advantage, Southeast Asian countries, with raw materials and processing advantages, compete with China in the international market share.
Domestic cotton prices remain high, making cotton consuming enterprises eager to import international cotton. However, due to quota restrictions, enterprises turn to international cotton yarn instead of cotton. Therefore, the demand of Chinese textile enterprises for low-end cotton gauze will depend on more imports.
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