• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    RMB Exchange Rate Depreciation Cotton Yarn Importers Fear A New Round Of Shuffle

    2015/8/19 10:30:00 10

    ImportTextileIndiaCotton Yarn

    In recent two years, due to cotton price and artificial factors, domestic

    Spin

    Facing the aggressive situation of India Pakistan yarn, the industry is hard to resist and fight. The market share is being eaten up step by step at home and abroad.

    The good news of the recent depreciation of the RMB exchange rate has given the domestic textile industry a chance to breathe.

    It is understood that Chinese yarn

    Imported

    The volume reached a high level in 2013 and 2014, and the annual import volume was over 2 million tons. Customs data showed that the import of cotton yarn in 2015 1-6 months amounted to 1 million 184 thousand tons, of which 1-4 months from

    India

    Imported from three countries, Pakistan and Vietnam.

    Cotton yarn

    The quantity has already exceeded 2011 annual import volume, and the import momentum is strong.

    After the depreciation of the RMB exchange rate, the pressure of subsequent orders for importers to face the market is facing.

    According to the 90 day letter of credit, when the original order was made, the exchange rate was calculated at 6.2, the current exchange rate rose to nearly 6.4, and the cost of import yarn remittance rose by several hundred yuan.

    Domestic and foreign cotton yarn prices are further integrated, the advantages of outer yarn are gone, import yarn trade default phenomenon is likely to increase, importers fear a new round of shuffle.

    A cotton textile industry in Guangdong said that before the RMB exchange rate fell, the price of domestic and imported low price yarn was basically flat with the continuous decline of domestic cotton prices. The yarn had no advantage in terms of price or quality, and the adjustment of the exchange rate fell, and the growth of imported yarn was curbed, and sales would be in trouble.

    In the face of the risk of exchange rate adjustment, cotton yarn importers can only get caught. Wu Faxin, general manager of Greater China of Guangzhou Yarn Import and Export Co., Ltd., once wrote that with the increase of the RMB exchange rate market and the increase of fluctuation, "two-way fluctuation" will become normalization, and the future exchange rate will fall to 7.

    First of all, it suggests that it should do well in anticipation of the balance of foreign exchange or reduce the risk exposure of foreign exchange as soon as possible; secondly, establish a "currency to rush position" lock rate in the international money market, or advance the settlement of foreign exchange through the "Forfaiting" way, and pass on the exchange rate risk.

    Recently, the northern textile enterprises association of India said that the cotton mills affiliated to the northern textile enterprises association in India consider reducing production and closing the factory one day a week. The main reason for this decision is high yarn stock and tight funds.

    The Spinning Association of southern India also unanimously decided that the sale of yarn would be cut off for a week starting in August 17th, so as to avoid some traders from further lowering the price of yarn.

    The depreciation of the RMB exchange rate will make the foreign yarn production enterprises worse and worse. It will boost the domestic cotton yarn in the short term. But in the long run, the domestic textile enterprises need to practice their skills and improve the quality and grade of the products if they want to really change the passive situation.

    • Related reading

    Cotton Prices In New Year Focus On Current Cotton Hot Spot Analysis

    quotations analysis
    |
    2015/8/18 9:18:00
    39

    Weekly Market Review Of Ji Lu Yu Yarn Market (August 10Th -16)

    quotations analysis
    |
    2015/8/17 16:22:00
    18

    Three Factors To Stimulate The Development Of Textile And Garment Industry Is Expected To Heat Up

    quotations analysis
    |
    2015/8/17 10:25:00
    35

    常熟市場滌絲成交量明顯上升

    quotations analysis
    |
    2015/8/15 22:00:00
    13

    The Growth Rate Of Online Shopping Clothing Is Negative. Why On Earth?

    quotations analysis
    |
    2015/8/15 10:22:00
    83
    Read the next article

    At The End Of The Year, China'S Baby Clothes And Accessories Show Will Be Held In Hefei.

    With the release of the two child policy, there will be a big room for growth in China's baby pregnancy market. The Chinese wedding and baby adornment and accessories exhibition will be held in Hefei Convention and Exhibition Centre in from December 4th to 6th. At that time, we will build a platform for trading between pregnant and infant industries.

    主站蜘蛛池模板: 国模吧双双大尺度炮交gogo| 欧美一级特黄啪啪片免费看| 国产99久久亚洲综合精品| 老司机深夜福利视频| 又大又粗又爽a级毛片免费看| 青娱乐手机在线视频| 国产精品久久久久久久久久免费 | 欧美FREESEX潮喷| 国产欧美精品一区二区色综合 | 国产亚洲一区二区在线观看 | 好男人视频社区www在线观看 | 最近中文字幕高清免费大全8| 亚洲欧美国产精品第1页| 欧美日韩综合视频| 亚洲精品亚洲人成人网| 欧美人与动zozo| 亚洲成av人片在线观看无码| 玖玖在线免费视频| 亚洲香蕉久久一区二区| 精品国产品香蕉在线观看 | 人与动人物欧美网站| 国产午夜亚洲精品不卡 | 国产在视频线精品视频2021| 色黄网站成年女人色毛片| 啊灬啊灬啊灬快灬深用力| 阿娇囗交全套高清视频| 午夜爽爽性刺激一区二区视频 | 妞干网在线免费观看| www国产亚洲精品久久久日本| 无码毛片视频一区二区本码| 久久久久亚洲精品无码蜜桃| 日本a级视频在线播放| 中文字幕热久久久久久久| 婷婷五月深深久久精品| 84pao国产成视频免费播放| 国产精品欧美一区二区三区| 揄拍自拍日韩精品| 国产精品99久久久久久人| 麻豆精产国品一二三产品区| 国产亚洲精品bt天堂精选| 老汉扛起娇妻玉腿进入h文|