Why Does The Quantity Of Imported Cotton Come Down In China?

< p > < strong > except in China, the global market < a href= "http://www.91se91.com/news/index_c.asp" > cotton resources < /a > tight < /strong > /p >

After P, May, foreign and foreign export enterprises continued to decrease their lint supply in 2012.

According to the types of cotton imported from China, mainly cotton, India cotton, Australia cotton, Central Asia cotton and West Africa cotton, but as of June 20th, the amount and shipment volume of the US cotton contract have accounted for 101% and 89% of the total export volume respectively, with only 344 thousand tons of cotton left to be pported, while the buyers are mainly in Southeast Asia countries.

Due to the exportation of cotton yarn export orders in India, the demand for cotton is growing rapidly. Under the condition of tight cotton resources, cotton has been calling a target= "_blank" href= "http://www.91se91.com/" > textile < /a > enterprises have been calling on the government to restrict cotton export, and its export policy is also in a state of uncertainty. Cotton and processing enterprises will decline in exports after April, while the large number of low quality India cotton in China's free trade zone has also exacerbated the worries of foreign operators.

Although Australia cotton has arrived at the main port in China in 6-8 months, the price of Uzbekistan's cotton has blocked sales, especially in the middle of May. After the middle of May, the sales of high count yarn dropped to the top. China's large and medium size < a http://www.91se91.com/news/ "> cotton mill < /a > the price of 102 cents / pound is generally difficult to digest.

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< p > < strong > delayed shipment of bonded cotton and tight storage capacity in bonded area < /strong > /p >

Since April P, the storage capacity of China's Port Bonded cotton has continuously broken through 300 thousand tons, 400 thousand tons or even nearly 500 thousand tons. In recent months, it has been "getting in more and less". In particular, the sales of India cotton and American cotton are even more difficult in the past few months. The traders and some importers have not even made a deal in a week. Therefore, foreign businessmen and some importers ask the supplier to postpone the shipment and delivery date later, plus the phenomenon of "cotton in full" and "India inside and outside" in the ports of 4 and May. Some contracts have been cancelled or pported to other Southeast Asian countries by foreign merchants and importers, and some of the West African cotton has also been directly converted to Indonesia, Vietnam and Malaysia ports.

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< p > last year, China's cotton reserve policy stimulated the demand for cotton in China's "a target=" _blank "href=" http://www.91se91.com/ "clothing" /a ". The United States seized this business opportunity and increased its export to China's cotton yarn, and the US market prospered.

China will change its cotton yarn purchase plan, and the US textile industry will flourish or flash in the pan.

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< p > because the price of cotton in the United States has soared and the demand for domestic retail market is weak, the US textile factory has been dumping cotton yarns to China in search of huge profits.

This year, the United States textile mill has increased nearly 4 times the sales volume of Chinese cotton yarn, and the textile industry in the United States is booming.

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< p > Reuters said that since last year, in order to reduce costs, a garment manufacturing process was omitted. China's a href= "http://www.91se91.com/news/" > textile mill < /a > no longer processed domestic raw cotton, and began to use semi manufactured products made from foreign cotton.

China has formulated a cotton reserve plan, so textile mills can not buy Cotton with domestic price advantage.

So far, China's textile mills mainly import cotton yarn from Bangladesh, Turkey, Pakistan and Southeast Asia.

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< p > China's cotton reserve plan has greatly changed the pattern of textile trade in the United States.

As the world's largest exporter of raw cotton, the United States exports 400 thousand tons of cotton yarn 85% or more per year, but this figure accounts for only a small part of the total cotton trade worldwide.

Most trade volume appears in South American countries.

Compared with some countries with lower labor costs, the competitiveness of the US textile industry is insufficient, but the low energy prices and sophisticated technology make up for this defect.

Because of the use of high-tech machinery, American yarn is less labor intensive.

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The P plan has also had an important impact on the global market, which has changed the direction of Global trade flows and stimulated the prices of major raw materials.

This year, China may change its cotton purchase plan and cut its demand for yarn imports. The prosperity of the US textile industry may be short-lived.

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John Robinson Robinson, a Texas A&M University professor and economist, said that if China terminates its reserve plan, the prosperity of the textile industry in the United States will vanish in. P

John Bakane, chief executive of Frontier Spinning Mills, one of the largest textile mills in the United States, said that although China's reserve plan and the future of us energy policy remain uncertain, the US textile mill still has "opportunities".

Parkdale Inc, another large textile mill in North Carolina, declined to comment.

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< p > Reuters also pointed out that China's < a href= "http://www.91se91.com" > cotton imports < /a > the growth rate is unprecedented.

Last year, China has surpassed Mexico and Salvatore to become the third largest importers of cotton yarn after Honduras and Dominica.

China imported the total amount of cotton yarn in the first four months of last year equivalent to the sum of 2011 and 2012.

The International Trade Commission (ITC) said that the total yarn exported to China in the first four months of this year amounted to 2,23 million tons, an increase of 4800 tonnes compared with the same period in 2012.

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< p > China is the only North American yarn importing country in the top ten.

Stimulated by China, the total export volume of yarn in the first 4 months of this year exceeded 137 thousand and 600 tons, an increase of 15% over the same period last year.

Even so, some people think that the prosperity of the American textile industry is only a flash in the pan.

Alasdair Carmichae, chairman of PCI Fibres, a textile consultancy, believes that the United States textile mill is facing great risks and prosperity is only short-lived.

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