Spreads Directly Affect China'S Textile Exports, Resulting In A Decline In International Competitiveness.
< p > at present, the difference between China's domestic cotton and international a href= "http://cailiao.sjfzxm.com/matertial/show/default.aspx" > cotton < /a > has been expanded from 1500 yuan ~2000 yuan / ton to 6000 yuan / ton, and is no longer an optimistic figure.
Such a huge spread will directly affect China's textile exports, and may lead to a decline in international competitiveness.
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< p > recently, China's < a href= "http://www.91se91.com/" > textile > /a > Industrial Federation has said at the textile industry operation press conference that at present, a prominent problem in the textile industry is that the difference between domestic and foreign cotton prices continues to widen. Now the CIF price of imported cotton, plus customs duty is about 13 thousand yuan / ton, while the State Cotton store's current purchase price is as high as 20 thousand and 400 yuan / ton, the selling price is 19 thousand yuan / ton, and the price difference reaches 6000 yuan / ton.
Compared to last year's 4000 yuan ~5000 yuan / ton of domestic and foreign cotton spreads, the gap widened.
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< p > < strong > why is the gap getting bigger and bigger? < /strong > /p >
< p > from the international situation in recent two years, the European debt crisis has brought pressure on global economic growth and suppressed demand for commodities such as cotton.
According to the latest monthly demand and supply report of the US Department of agriculture, the total output of cotton in the world in 2012/13 is about 25 million 899 thousand tons, with a total consumption of 23 million 131 thousand tons, with an excess of supply and demand of 2 million 768 thousand tons, representing a decrease of 1 million 814 thousand tons compared with the same period last year.
However, we can see from the data that even if the supply and demand situation has been alleviated, global cotton is still in a relatively relaxed supply pattern.
Reporters learned that before 2010, China's domestic cotton prices were relatively stable and rarely fluctuated significantly.
However, due to the price fluctuation of the international cotton price "roller coaster" in recent two years, the state has introduced cotton purchasing and storage policy for consideration of the interests of cotton growers and the production of textile enterprises, as well as the consideration of stabilizing the domestic cotton market.
However, at the end of last year, the sharp fall in international cotton prices was unexpected. With the introduction of a quota system for China's import of cotton, that is, enterprises can not purchase cotton in the international market independently, and domestic cotton prices have remained at a high level because of policy protection. Therefore, insiders say that the price difference of 6000 yuan per ton is estimated to be difficult to change.
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< p > Wang Tiankai, President of the China Textile Industry Federation, pointed out that the current international a href= "http://sjfzxm.com/news/index_f.asp" > the cotton market < /a > remains oversupply on the whole, and the US cotton has not reduced the indication of planting. In 2013, the possibility of a sharp rise in international cotton prices is not great.
From the domestic point of view, the cotton purchase and storage policy of the country will continue to be implemented with greater probability and the purchase price will not be reduced. Therefore, domestic cotton prices will still run high, and the problem of poor cotton prices will continue to exist.
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