Home >

The Pattern Of Imported Cotton Is Changing Quietly, And There Is Potential For India'S Cotton Imports.

2014/1/27 21:15:00 44

at home and abroad < a href= "http://www.91se91.com/news/index_c.asp" > cotton > /a > high price difference, for domestic spinning enterprises, the use of imported cotton means that the production cost 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.

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.

in the situation of high control of cotton imports and the increasing volume of quotas, will the cake in China's cotton import market be redivided? How should the cotton structure be adjusted?

August 1~2 day, sponsored by Zhejiang Huarui information Touchplus information Corp (China Cotton Textile Information Network), bareth Trading Co., Ltd., sponsored by India Jia Wang Industrial Co., Ltd., and has been supported by the India DML group for the 2013 import cotton trade negotiation summit held in Zhejiang Hangzhou Xiaoshan. This conference attracted nearly 700 people to participate in the conference.

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.

/strong > < a > href= > http://www.91se91.com/news/index_s.asp > strong > Import > /strong > /a > strong > cotton pattern changes quietly.

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.

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.

reviewing the situation of cotton imports in China in recent years, the import of cotton reached 5 million 400 thousand tons in 2011/2012, the highest in previous 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.

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.

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.

from the point of view of the country of origin of imported cotton, the share of US cotton in the Chinese market has shrunk.

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.

cotton import potential in India is less than /strong > /p >

at this summit, India cotton has become a hot topic of concern.

Guo Weile believes that cotton production in India will reach the highest level in 2013/2014, and export volume will increase significantly, and it will also have an impact on global cotton prices.

according to Zhang Jiyun, general manager of Brad Reiss Trading (Shanghai) Co., Ltd., in recent years, the cotton growing area in India continued to grow steadily, from 7 million 667 thousand hectares in 2002/2003 to over 12 million 191 thousand hectares in 2011/2012.

Next year, the planting area is expected to grow at 13 million ~1400 hectares, and the planting area will increase by nearly 10%.

At the same time, cotton yield per unit area in India has also increased rapidly. At present, the yield per unit area is 480~500 kg / ha.

The growth of India's cotton growing area is closely related to the government's lowest support price for farmers.

The support and development plan of the Ministry of agriculture and textiles in India has also contributed to the massive export of cotton.

The significant depreciation of India's currency has increased the competitiveness of India's cotton in the international market.

in recent years, India cotton has been increasingly popular in China because of its low price and excellent quality, and imports are also increasing year by year.

India cotton has grown from 1% to 35% in China's cotton market.

After a large number of cheap India cotton entered China, after several years of grinding, the Chinese spinning plant gradually understood the quality and characteristics of India cotton, mastered the method of use, and the advantages of the strong cotton spinnability of India cotton were highlighted.

Zhang Jiyun believes that with the increase of cotton production, the development of domestic textile enterprises in India and the demand of China's imports of yarn make India's domestic cotton consumption continue to grow. In 2013/2014, India will maintain the growth trend of cotton consumption demand, and the price of cotton will remain strong and continue to grow.

Cotton prices in India's domestic market are becoming one of the factors affecting international cotton prices.

future trend concerns policy change

Future < a href= "http://www.91se91.com/news/index_q.asp" > international cotton market trend < /a > must be paid attention to by cotton enterprises.

Guo Weile believes that from the two aspects of the domestic and international analysis, the situation of global cotton supply exceeds demand is still grim. The inventory 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.

Huang Hongyu, deputy general manager of Henan TongZhou Cotton Industry Co., Ltd., analyzed the development trend of cotton market in 2013/2014 from several angles such as changes in macroeconomic situation, changes in supply and demand, changes in the Chinese market and foreign markets, and the impact of policy regulation. P

He believes that cotton consumption in the past one or two years is difficult to improve.

Cotton prices will mainly be weak in the coming year, and there will be no short-term market fluctuations.

It is suggested that we should pay more attention to policy changes and grasp the key to profitability.

Xiao Jingyao, vice president of Huafang group, has shared some experience in purchasing cotton imported from enterprises.

He believes that the advantages of imported cotton are sufficient weight, simple trading and price advantage.

Each country has its own characteristics, such as the United States and cotton do not have three silk, but attention should be paid to neps and short fiber index. India cotton can be spun but strong with more impurities and Brazil cotton short pile.

for enterprises to import cotton operation strategy, Xiao Jingyao believes that different strategies should be adopted according to different market situations.

In the period of rising prices, we should lock in prices, lock futures the fastest and save money, lock in physical occupancy funds and risk.

In the period of price decline, futures hedging should be moderately chosen for hedging.

In the stable price period, we should stabilize production varieties, reduce inventory and increase logistics speed.

He believes that in the era of dumping and storage, the market lacks liquidity and domestic futures almost lose their functions.

General trade quotas issued this year are few and difficult to import.

At this time, we should pay attention to the quota of processing trade.

At the same time, importing cotton should start with its own production needs, locate imported cotton varieties, and pay attention to maintaining its own brand characteristics.