Cotton Exports In India Are Affected By China'S Cotton Demand Growth

< p style= "text-align: center" > img align= "center" border= "0" alt= "src=" /uploadimages/201302/19/20130219093350_sj.JPG "/" < < >.

< p > > a href= "http://www.91se91.com/news/index_p.asp" > India < /a > cotton exports show signs of recovery. Since the beginning of this year, the number of registered exports has increased by 2 million packs.

< /p >

< p > according to sources, the number of registered export cotton has increased from 3 million 800 thousand packages to 5 million 800 thousand packages.

But cotton trade and analysts say it may be less than 5 million bales.

< /p >

< p > it is reported that the exporter now buys half of the 200 thousand packages of daily goods arrived in the market (170 kg / bag).

India Cotton Corp purchases about 40 thousand packages, and domestic textile factories purchase 60 thousand packages.

< /p >

< p >, but we have the same opinion on cotton price.

At present, the export quotas of Carle - 6 varieties are 35000 rupees /356 kg.

< /p >

< p > a cotton trade analyst A. Ramani said that by the end of January, the export registered cotton was 420-430 bales.

Maybe it has reached 5 million packs.

< /p >

< p > A. Ramani said that the exporter may buy "a href=" http://www.91se91.com/news/index_c.asp "cotton < /a" ahead of schedule, because the annual import quota will be issued soon after the Chinese New Year.

< /p >

< p > he said that China will issue 682000 tons of tariff import quotas, and India may get a large amount of tariff import quota.

< /p >

< p > China imposed a tariff of 1% on compulsory import quota.

Otherwise, under normal circumstances, China will levy a 40% tariff.

< /p >

< p > the price of cotton in China's domestic market is about 19000-20000 yuan / ton.

In contrast, after the India cotton tariff is imposed, the CIF price is 17000 yuan.

In addition, Pakistan and Bangladesh seek about 3 million 500 thousand bales of cotton.

Demand drives prices up.

Exporters of Chinese exports purchase spot goods at a risk of liquidity and store them in China's bonded warehouses.

Some of the most expensive Chinese buyers bought India cotton and pported them to their nearest ports.

< /p >

< p > on the other hand, many American cotton is also pported to China's ports.

< /p >

< p > import cotton yarn has more advantages than raw cotton.

China's textile industry must pay 13% vat for imported cotton.

And they import yarn not to be taxed.

< /p >

< p > according to well-informed sources, the profit of India spinning mill is at least 1 dollars per kilogram.

But not all factories have such a good profit.

China is very good at negotiating.

They bought 30S yarn at $3.20 per kilo, and a few days ago they had a price of $5.60 / kg.

< /p >

< p > a well-informed source said that the yarn export could record 1 billion kilograms.

More than 800 million kilograms of yarn have been exported.

In 2011, it exported 720 million kilograms, when the government of India restricted cotton yarn exports.

< /p >

Less than P, domestic support helps spinning mills to maintain 85-90% capacity.

< /p >

< p > because of the active market, the Cotton Advisory Committee of India is likely to increase the expected cotton consumption.

< /p >

< p > but the trouble is that India's a href= "http://www.91se91.com/news/index_f.asp" > cloth > /a "market is still waiting for a turn for the better.

< /p >