China'S Cotton Imports Continue To Slide In August

According to customs statistics, China's imports in August 2014

204 thousand and 500 tons, a decrease of 75 thousand and 900 tons from the previous month, a decrease of 27%, a decrease of 26% compared with the same period last year, and an average import price of 2150 US dollars / ton, down 33 US dollars compared with July, or 1.9%, down 1.5% from the same period last year.

In the first 8 months of 2014, cotton imported 1 million 880 thousand tons, down 37.9% from the same period last year.

August, China

The volume of imports dropped sharply over the same period, and the average price dropped slightly.

Most of the quotas are 1% customs duties, accounting for about half of the total. The most important way of importing materials in the trade mode is that the proportion of the other three kinds of imports is small, accounting for about 20%.

Cotton is far higher than other countries, and the proportion is more than 60%; import customs are mainly Qingdao, Shanghai and Nanjing; Shandong and Jiangsu are the most importing areas.

2013/2014, domestic

Growth declined, cotton import demand declined, total imports of 3 million tons, compared with the previous year by 31.7%.

Due to the narrowing of the price difference between inside and outside cotton, the total tariff import quota dropped sharply, only 300 thousand tons, accounting for 36% of the previous year; import trade was mainly imported processing; India continued to be the largest source of imports, Australia surpassed the United States and the United States retreated to third.

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Recently, in the warehouse workshop of Shandong Qian Yuan Yi Nong Agel Ecommerce Ltd, it was filled with products from all stages of the cotton textile industry chain, such as short pile, yarn and cotton cloth. Song Lei, the manager of the company, said: "these are not goods of the company, they are already" masters ".

Song Lei said that the company is the "Alipay" between the cotton textile enterprises.

Xiajin County of Shandong province is a famous cotton textile city in the whole country, but the information between the textile enterprises is not smooth. At the same time, the bulk textile products paction involves a huge amount, and the price is unstable, and the paction risk is bigger.

Under such circumstances, Xiajin County supported Shandong Qian Yuan Yi Nong Co., Ltd. to set up a trading platform for cotton textile products.

According to the introduction, in the paction, the seller and the buyer issue information through Qian Yuan Yi Nong company, and use this platform as a platform to confirm the paction.

The buyer will import the money into the bank supervision account, and the bank will remit the money into the seller's account after the goods arrive.

In recent years, the cotton textile industry has encountered a continuous market "cold current", financing difficulties.

"As soon as banks are heard of cotton spinning enterprises, they are reluctant to lend, and the cost of raw materials takes up a lot of money."

Introduction of the director of a spinning enterprise in Xiajin county.

In view of this situation, Qian Yuan Yi agricultural company intervened in the capacity of third party intermediaries. The buyer only needed to provide 30%~50%'s loan, and then he could purchase the "right of use". The remaining money was paid by the Qian Yuan Yi farmers' mortgage of goods "ownership" from the bank, and the full amount was paid to the seller.

After buying the goods, the buyer will sell the products and make profits, and then repay the loan to the bank.

In this way, if there are problems in the operation of a business, banks can seal up raw materials at any time, without any risk at all.

And enterprises have also solved the financing problem.

Song Lei said.

At present, the business of Qian Yuan Yi Nong's company has also achieved "online" from "offline".

Recently, the 30 million yuan online trading platform, which is exclusively developed and invested by the company, has been trial run. They have opened up an online payment channel with the Construction Bank. Customers across the country can sell textile products through local construction banks or online banks.

Liu Yueshan, a businessman in Xiajin, sold the 1500 tons of cotton lint in his hand to Tangshan Sanyou company at a price of about 4000000 yuan.

"The market is wide, the price is good, and the safety is guaranteed."

Liu Yueshan is very happy.

At present, there are nearly 100 enterprises trading through the offline trading platform, involving about 2 billion yuan.

"With the opening of online trading platform, we have moved from Xiajin to the whole country, benefiting enterprises and trading volume will increase rapidly."

Song Lei is full of expectation.