Cotton Import And Export Situation In The First Three Quarters Of 2012
Since the beginning of this year, China's cotton < a href= "http://www.91se91.com/news/index_c.asp" > textile > /a > Import and export market of P has shown that the import demand of cotton and cotton yarn is continuously strong, and the export of downstream cotton textiles is weak.
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< p > customs data show that in the first three quarters of this year, the export volume of China's cotton textile products was 18 billion 640 million US dollars, down 6% compared with the same period last year, while the import volume increased by 24.9% over the same period last year, reaching 5 billion 340 million US dollars, and maintained a relatively fast growth rate. Cotton yarn imports amounted to 3 billion 570 million US dollars, an increase of 46% over the same period last year, accounting for 67%. of total imports. The Chinese Cotton Textile Industry Association believes that one of the important reasons for this result is the long term upside down of cotton price difference at home and abroad. It is estimated that the export resistance of China's cotton textiles and downstream cotton products will still be larger in the future.
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< p > < strong > price difference leads to vigorous import of cotton > /strong > /p >
< p > Ouyang, assistant director of the China Cotton Textile Industry Association, pointed out that in the past three quarters, cotton textiles < a href= "http://www.91se91.com/news/index_cj.asp" > price < /a > trend, the domestic and foreign raw material prices were generally downwards, and the rear cotton yarn and cotton prices were negative growth, especially in the case of poor export trade environment. Compared with the previous year, the export volume of cotton textiles in China decreased significantly.
In terms of imports, the import volume of cotton yarn and cotton fabrics has increased to varying degrees compared with the same period last year under the strong support of import volume.
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< p > statistics show that 1-10 months of this year, China has imported 4 million 301 thousand and 600 tons of cotton, an increase of 95.8%. compared with the same period last year. The analysis of China Cotton Textile Industry Association pointed out that imported cotton has two peaks this year, and the first wave peak is 2-3 months. At this stage, domestic storage and storage is coming to an end, domestic cotton basically enters into storage, and the difference between domestic and foreign cotton prices has continued to exceed 3000 yuan / ton. Enterprises have been importing international low price cotton to guarantee raw material supply through quotas; second peak periods are 5-7 months.
At present, the difference between domestic and foreign cotton prices is close to 6000 yuan / ton, and the huge price difference has led to unprecedented cotton imports.
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In the year of < p > 2011/2012 cotton, China's total import of cotton has reached 5 million 705 thousand tons, an increase of 102%. compared with the same period last year.
In the first three quarters, cotton yarn < a href= "http://www.91se91.com/news/index_s.asp" > imports < /a > grew rapidly, and imports increased month by month.
Statistics show that China has imported 1 million 88 thousand tons of cotton yarn this year, an increase of 74%. compared with the same period last year. Analysts pointed out that the fundamental reason for the large number of foreign yarn entering the domestic market is the poor cotton price inside and outside the country.
Imported cotton yarns are not subject to quotas. When the international cotton price is much lower than that in China, foreign cotton yarns have an absolute advantage in price. In order to reduce production costs and enhance product market competitiveness, the demand for imported cotton yarn is increasing.
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< p > < strong > the trade situation is still grim. < /strong > /p >
< p > in the first three quarters of this year, the growth of cotton yarn export in China was negative.
Statistics show that in 1-9 months, China's total export of cotton yarn 325 thousand tons, an increase of 3% over the same period last year, reversing the situation of cotton yarn exports accumulated negative year-on-year growth before September.
The analysis shows that this is mainly due to the export reversal of pure cotton combed yarn and blended yarn, which has led to the growth of the total export volume.
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"P >" as in previous years, the export of cotton fabric is the main force for the export of China's cotton textiles.
In the 1-9 month of this year, China's total exports of cotton fabrics were 5 billion 780 million meters, up 4% over the same period last year, and the number of exports remained stable.
However, since China's export situation began to decline in 2011, the price has been weakening as a whole, and the export volume of cotton fabrics has been narrowing gradually in 2012.
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< p > in addition, in the first three quarters, the export volume of cotton bedding and clothing decreased to 8.8% in different degrees, and 5.0%. analysts said that the export benefit of the domestic cotton textile industry has not yet appeared. The demand for the international market is still unclear. In the coming period, the export resistance of China's cotton textiles and downstream cotton products is still relatively large.
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