2014 Cotton Enterprises "Two Hit" End Of The Situation

China purchases abroad Cotton yarn There has been a long history, whether the country of the import market or the share of the domestic market has been changing for various reasons. Since 2000, the quantity of cotton yarn imported from abroad has begun to increase. This year the cotton textile industry overall market is light, in order to save costs, more and more enterprises began to focus on foreign low-cost cotton yarn, so that the number of imported cotton yarn is climbing.

　　 Cotton yarn futures After the listing, cotton futures will be formed together with cotton futures to provide a more comprehensive risk management tool for cotton producers, especially cotton textile enterprises. "At present, the domestic cotton market is in the transition stage from" policy city "to" market city ", and the time for listing cotton yarn futures is ripe. Zhang Wenmin, general manager of Wanda futures cotton industry division, said that at this point, the listing of cotton yarn futures can complete the effective docking between the spot market and the futures market in a short time.

For a long time, domestic Cotton yarn Market In the absence of an authoritative price, textile enterprises are rather blind when arranging production and operation plans. For example, at present, the market price of cotton yarn at home and abroad is as high as several thousand yuan per ton, but many textile enterprises do not understand the actual situation of the domestic cotton yarn market, and their production plan is divorced from the reality of the market, resulting in waste of resources. Especially in recent years, cotton and cotton yarn prices fluctuate frequently. In the process of cotton purchasing, processing and cotton yarn sales, enterprises often encounter "two hit" situation. In this regard, some large textile enterprises can barely afford it, and a large number of small and medium-sized enterprises simply can not afford it. Textile enterprises urgently need to use futures market to manage the price fluctuation risk of raw materials and finished products.

At the same time, the impact of imported cotton yarn on the domestic cotton yarn market is also increasing. In 2012, China imported 1 million 530 thousand tons of cotton yarn, an increase of 69% over the same period last year. From 1 to October 2013, China imported 1 million 750 thousand tons of cotton yarn, an increase of 44% over the same period. It is estimated that imports of cotton yarn will be 2 million 100 thousand to 2 million 200 thousand tons a year. According to another forecast, cotton yarn imported from China is 3 million to 4 million tons this year. Many textile companies that participated in the seminar said they would take an active part in the future of cotton yarn futures.

"When cotton futures are listed, the quality inspection rules for futures delivery cotton, which are mainly established by instrument standard tests, have changed the rules of inspection system that the domestic cotton market has implemented for more than 40 years, based on grading pricing and sensory testing, and has played a positive role in improving the quality of domestic cotton." Zhang Wenmin told reporters that at present, the industry is looking forward to the listing of cotton yarn futures. After the listing of cotton yarn futures, the cotton textile industry and the whole cotton industry structure adjustment and transformation and upgrading will be promoted.

It is understood that in addition to speeding up the listing of cotton yarn futures, Zhengshang will also increase its R & D efforts on cottonseed, cottonseed meal, raw silk, cocoon and polyester staple fiber this year.

It is understood that the whole country in 2013 yarn The amount of imports amounted to US $9 billion 610 million, of which cotton yarn imports accounted for 71% and imports amounted to US $6 billion 820 million, accounting for 25.3% of the total textile and clothing imports.

The characteristics of cotton yarn imports in the past 13 years are as follows:

1. In 2013, China's cotton yarn imports reached a new high.

Since 08 years, the import of cotton yarn has increased year by year, the import amount in 11 years is 3 billion 410 million dollars, and 12 years are 4 billion 960 million dollars. According to customs statistics, the total import value of cotton yarn in 2013 was 6 billion 820 million US dollars, an increase of 37.5% over the same period last year. The total import volume reached 2 million 100 thousand tons, which was 4 times the total export volume of cotton yarn, an increase of 37.4% over the same period last year, and the average price of imports was 3.25 US dollars / kg, down 0.1% from the same period last year.

Two, from a single month, cotton yarn Imported The unit price increases first and then decreases, and imports increase overall.

In addition to the negative growth in February, the import volume of each month increased to varying degrees. In 2013, the average import price of the national cotton yarn was 3.25 US dollars / kg. In January, the unit price of imports was 3.19 US dollars / kg, and then rose, until May, reaching the highest value of 3.31 US dollars per kilogram. After that, it fell steadily. 8 and September, the import price was flat with the average unit price, and dropped to 3.16 US dollars / kg in December.

In three and 2013, India was the largest source of imports of cotton yarn and Pakistan ranked second.

India and Pakistan are the two most important source countries of cotton yarn imports in China. In the first 11 months, the number of cotton yarn imported from India for the first time exceeded that of Pakistan, and became the first source of the import of cotton yarn. Over the past 13 years, China imported 627 thousand tons of cotton yarn from India, an increase of 104.6% over the same period last year, accounting for 29.9% of the total imports of cotton yarn. The import amount was 2 billion 30 million US dollars and the import price was 3.24 US dollars / kg. The total import volume of China's imports from Pakistan was 601 thousand tons, an increase of 8.2% over the previous year, accounting for 28.6%. The import amount was 1 billion 760 million dollars, and the unit price was 2.93 US dollars / kg. Vietnam is the third largest importer of cotton yarn, with an import volume of 258 thousand tons, an increase of 48.1% over the same period last year.