Indonesia Cotton Yarn Production And Marketing In 2014 Is Not Optimistic.
< p > here the world is < a target= "_blank" href= "http://www.91se91.com/" > clothing < /a > a target= "_blank" href= "_blank" > shoes "< hat > net" Xiaobian introduced to you is Indonesia cotton yarn production and marketing is not optimistic.
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< p style= "text-align: center" > img border= "0" alt= "align=" center "src=" /uploadimages/201405/05/20140505112749_sj.JPG "/" < < > >
Less than p ago, the US agricultural counsellor in Indonesia issued a report that Indonesia's cotton production is expected to be reduced to 5 thousand and 400 tons this year, and many reasons also lead to a poor prospect of cotton consumption and imports in the country.
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< p > the meteorological department of Indonesia predicts that the El Nino climate will affect the country in the first half of this year. The dry season precipitation is insufficient or the cotton yield per unit area will decrease.
Because of this, the agricultural counsellor has cut cotton production in Indonesia this year and next year to 5 thousand and 400 tons and 5 thousand tons respectively.
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< p > as the world's ninth largest "a target=" _blank "href=" http://www.91se91.com/ "textile" /a "goods export country, Indonesia textile exports amounted to US $6 billion 400 million in 2013.
Despite the shrinking demand for textiles in the European market, Indonesia's textile exports to Japan increased by 35% over the same period last year.
In the 1-11 months of last year, Indonesia's cotton yarn exports totaled 138 thousand tons, compared with 77 thousand tons in the same period last year. Rupee depreciation can be seen as a magic weapon to stimulate exports.
However, since January this year, the rupee has continued to rise in Indonesia, coupled with the weakening of international cotton yarn prices, and the import and consumption of cotton have been affected.
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< p > China's cotton control policy will lead to abundant cotton resources in the international market, but cotton prices in Indonesia continue to be strong, while yarn prices will fall due to currency appreciation.
In March 17th this year, the Indonesia rupee was 1272 against the US dollar, compared with 12227 in January.
In order to obtain profits, cotton mills can only wait until the cotton price falls and then purchases.
Cotton consumption in Indonesia is expected to be 577 thousand tons this year.
Since the price of cotton yarns and man-made yarns are not predominant, the consumption of a href= "http://www.91se91.com/news/index_s.asp" > cotton < /a > in Indonesia will be further reduced in the future.
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