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    The Pattern Of China'S Imported Cotton Has Changed Stealthily.

    2013/8/10 20:33:00 17

    Cotton IndustryCotton MarketImported Cotton And Cotton Spinning Enterprises

    < p > from the two aspects of the domestic and international analysis, the situation of oversupply of global a href= "http://www.91se91.com/news/" > cotton < /a > is still grim. The stock level at the end of the year will continue to rise. The bull market will be hard to show in the one-year bull market, and the probability of the overall fluctuation will be greater and the fluctuation will be relatively limited.

    < /p >


    < p > under the condition of high price difference between domestic and foreign cotton, for domestic spinning enterprises, the use of imported cotton means that the cost of production will be greatly reduced, the market competitiveness will be strengthened correspondingly, and the days of the enterprises will be better.

    Domestic purchasing and storage, internal and external spreads and other factors led to the continuous adjustment of the cotton structure of textile enterprises, and the proportion of cotton used continuously increased.

    In 2012, China's total imports of cotton reached 5 million 137 thousand tons, an increase of 52.7% over the previous year, a record high.

    < /p >


    < p > at the same time, the quota of imported cotton is mainly concentrated in the hands of a few large enterprises. Because of the policy of importing cotton quotas this year, some spinning enterprises that had not been able to get quotas in the past had acquired the right to purchase cotton, which led to a diversified trend in the import cotton market.

    < /p >


    < p > < < a href= > http://www.91se91.com/news/index_c.asp > > cotton import > /a > receive high control, quota reduction and dispersion increasing trend, will the cake in China's cotton import market be redivided? How should the cotton structure be adjusted? < /p >


    < p > August 1~2 day, sponsored by Zhejiang Huarui information Touchplus information Corp (China Cotton < a target= "_blank" href= "http://www.91se91.com/" > textile > /a > information network), bareth Trading Co., Ltd., India Jia Wang Industrial Co., Ltd., with special assistance, and the 2013 import cotton trade negotiation summit supported by India DML group was held in Zhejiang Hangzhou Xiaoshan. This conference attracted nearly 700 people to participate in the conference.

    < /p >


    < p > the summit set up a platform for foreign cotton traders to trade with cotton enterprises.

    Participants generally believed that under the restrictions of imported cotton policies, cotton enterprises should choose global resources from their own needs, and should focus on stability and risk control.

    < /p >


    < p > {page_break} < /p >


    < p > < strong > the pattern of imported cotton has changed quietly < /strong > < /p >


    According to customs statistics, China imported 269 thousand and 800 tons of cotton in June 2013, a decrease of 76 thousand tons from last month, a decrease of 22% and a decrease of 43.3% over the same period last year, according to customs statistics. < p >

    In the first 10 months of 2012, total imports of 3 million 782 thousand tons, down 20% from the same period last year, and 2 million 412 thousand tons in the first half of 2013, a decrease of 21% over the same period last year.

    < /p >


    < p > reviewing the situation of cotton imports in China in recent years, 2011/2012 a < href= > http://www.91se91.com/news/index_c.asp > cotton > /a > 5 million 400 thousand tons, the highest in the past years.

    The quantity of cotton imports in 2012/2013 is less than that in the previous year, but it is still at a high level.

    The main reason for the increase in cotton imports over the past two years is that domestic cotton prices are much higher than the international cotton prices.

    Correlation analysis shows that (comparing M to port price and CNcotton B), in July 2009 ~2010 November, the difference of cotton price between inside and outside was basically at 0~3000 yuan / ton; in November 2010 October, the difference of cotton price between inside and outside was maintained at the level of negative price difference (that is, outside high and low); in November 2011, the difference of cotton price between home and abroad changed from negative to positive, and the spread of price gradually expanded, with a maximum of more than 5000 yuan / ton.

    In March this year, the difference between domestic and foreign cotton prices once narrowed to 2800 yuan / ton, but it expanded to 4500 yuan / ton in the near future.

    In the case of high domestic and foreign cotton prices, for domestic spinning enterprises, the use of imported cotton means that the cost of production will be greatly reduced, the market competitiveness will be strengthened correspondingly, and the days of the enterprises will be better.

    But imported cotton is limited by quotas, so it is not easy for enterprises to import cotton.

    < /p >


    < p > Guo Weile, an information manager of China cotton textile information network, thinks that the domestic spinning enterprises are mainly cotton and cotton, but the high-grade cotton is relatively dependent on the outer cotton.

    < /p >


    < p > because the macroeconomic environment is still weak, the demand for textile market is relatively low, the inventory of finished products is increased, the pressure of funds is increasing, the price of domestic low-grade yarns has been weakening, and the prices of high-end products are relatively strong. In recent years, cotton imports were mainly made of high-grade cotton in Australia and other countries, and the average prices continued to rise, and the import volume continued to decline since March.

    < /p >


    < p > from the source country of imported cotton, the share of "a href=" http://www.91se91.com/news/index_c.asp "Mei cotton < /a" has shrunk in the Chinese market.

    According to the proportion of imported cotton, the share of US cotton fell from 41% in 2009 to 28.5% in 2012.

    India cotton share surpassed the US cotton in 2011.

    1~5 cotton imports in India were also slightly higher than that of cotton in the United States this year.

    Recently, with the advent of new cotton in Australia and Brazil in the southern hemisphere, cotton imports in these two countries have increased rapidly.

    In June this year, cotton imports in Australia and Brazil increased by more than 1 times.

    < /p >

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