China'S Cotton Textile Industry Fell In The First Three Quarters

< p > China Customs data show that in the first three quarters of this year, the export volume of cotton textiles was 18 billion 640 million US dollars, down 6% from the same period last year, while the export volume increased by 20.3% during the same period last year.

The export volume of cotton fabrics was 9 billion 150 million US dollars, down 6.1% compared to the same period last year. The import volume was US $5 billion 340 million, an increase of 24.9% over the same period last year. Cotton yarn imports amounted to US $3 billion 570 million, an increase of 46% over the same period last year. The total import cotton yarn was 1 million 88 thousand tons, up 74% over the same period last year.

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At P, cotton imports also increased significantly.

In 110 months, China imported 4 million 301 thousand and 600 tons of cotton, an increase of 95.8% over the same period last year.

In the 23 months and 57 months, two import peaks occurred.

Up to now, the difference between domestic and foreign cotton price is close to 6000 yuan / ton, and the big difference in cotton price is still the main factor for the rapid increase of cotton imports.

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< p > the cotton yarn entering the Chinese market is mainly Pakistan yarn and India yarn, and it is mainly made of low price of India Pakistan cotton yarn with price advantage.

In the first three quarters, China imported 66% of the total imports of imported cotton yarn, including 395 thousand tons of imported yarn and 223 thousand tons of India yarn.

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In the first three quarters, China exported a total of 325 thousand tons of cotton yarn, an increase of 3% over the previous three quarters.

Moreover, the export growth of a href= "http://www.91se91.com/news/index_c.asp" > pure cotton < /a > combed yarn and blended yarn has increased the overall export volume.

However, the export cost of pure cotton combed yarn is negative because of the high cost.

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< p > the largest export market of cotton yarn is still the Hongkong Special Economic Zone, accounting for 43% of the total export volume, but the total export volume decreased by 5.5% compared with the same period last year.

The low consumption in Europe, America and Japan and the sluggish re export trade are the main reasons for the decrease of import demand in Hongkong.

The export of Vietnam's cotton yarn has become the second largest export market of cotton yarn in China, with an export volume of 43 thousand tons, an increase of 232% over the same period last year.

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< p > < < a > href= > http://www.91se91.com/news/index_cj.asp > export main force < /a >. In 19 months, China accumulatively exported 5 billion 780 million meters of cotton fabric, up 4% compared with the same period last year.

The export market of cotton fabrics is mainly concentrated in Southeast Asia. Vietnam and Bangladesh are still the top two export markets of China's cotton fabrics, with export volume of 580 million and 540 million meters respectively, representing an increase of 14.3% and 7% respectively over the same period last year.

Togo and Philippines's imports of cotton fabrics increased by 47.6% and 107.9% respectively over the same period last year.

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In the first three quarters of the year P, China imported a total of 620 million cotton fabrics, an increase of 11.5% over the same period last year.

Among them, imported pure cotton grey cloth 270 million meters, the number increased by 95% year-on-year, the fastest growing, and the import volume of other cotton fabric products were negative growth.

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Like P and cotton yarn, Pakistan is China's largest importer of cotton fabrics.

In 19 months, imports of cotton fabrics from Pakistan totaled 220 million meters, accounting for 35% of total imports, and imports increased by 160% over the same period last year. Indonesia's imports increased by 143% over the same period last year.

Imported cotton fabrics from Japan, Hongkong Special Administrative Region, South Korea and Taiwan were mainly high-end products, with imports falling by more than 10% year-on-year.

In addition, in the first three quarters, China's cotton bed products, < a href= "http://www.91se91.com/news/index_f.asp" > clothing < /a > export volume also decreased by 8.8% and 5% respectively.

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< p > within a certain period of time, the price difference between domestic and foreign cotton is still relatively large. This is also an important factor for China's expansion of demand for imported cotton and cotton textiles and the impeding export. International demand is not clear. The favorable factors for export of China's cotton textile industry have not yet been apparent.

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