What Is The Demand For Cotton Nowadays?

Because of declining income in recent years, cotton planting area has also declined.

According to the survey data, in 2015, domestic cotton output was 5 million 200 thousand tons, 940 thousand tons less than that in 2014, with a reduction of 15.25%.

In 2016, the domestic cotton planting area was 44 million 630 thousand mu, a decrease of 6 million 560 thousand mu compared with the same period in November 2015, a decrease of 12.8%, a 5.6 percentage point drop compared with the survey in November 2015.

In 2016, domestic cotton production is estimated at 4 million 200 thousand tons.

When it comes to supply, there is no need to involve state reserve stocks.

From 2011 to 2013, with the sharp decline in cotton prices, a large number of cotton flows into the national repository.

2011

3 million 250 thousand tons, 6 million 500 thousand tons in 2012, and 6 million 300 thousand tons in 2013.

In addition to several rounds of irregular storage and digestion inventory in recent years, there are nearly 10 million tons of cotton in the national storage warehouse.

According to the proportion of cotton, cotton yarn is divided into pure cotton yarn, polyester cotton yarn and purified yarn.

It is difficult to verify the demand of cotton in China. The annual increase of the official spinning data is mainly due to the increase in the production of chemical fiber yarn.

In 2015, pure cotton yarn accounted for about 15% of social spinning.

In normal years, the annual demand for cotton is between 6 million and 7 million tons.

But in recent years, because of the slowdown in global economic growth and the relocation of domestic textile enterprises, the textile and garment industry in Southeast Asia has highlighted the advantages of the domestic textile and garment industry.

Be restrained.

In relative demand, the domestic cotton supply data in 2016 was fairly pparent: output was estimated at 4 million 200 thousand tons, 894 thousand tons in quota, and 10 million tons in state reserve stock.

However, the cotton resources in state reserve warehouses need to be treated dialectically.

Cotton is stored for one year, cotton.

It's going to drop a notch.

Moreover, the quality of cotton purchased in the past few years is uneven. It is worth studying whether the national cotton can be effectively supplied.

Whether the late national cotton reserves are popular will need a question mark.

In addition, low price imports of cotton yarn also hit the domestic market.

2015 cotton yarn imports 2 million 222 thousand and 400 tons, an increase of 14.14% over the same period, according to 1.1 tons of cotton production 1 tons of cotton yarn, 2 million 500 thousand tons of cotton demand.

Domestic demand for cotton is estimated at 4 million 500 thousand tons in 2016.

If the country does not take further measures to import cotton yarns, domestic cotton demand will not increase significantly.

Cotton prices must fall to the international market to digest inventory. In the long run, domestic cotton prices are still bearish, even if the middle rises, the magnitude will not be too great.

In addition, the delay is expected to bring support to the Treasury, thus giving rise to the recent rebound, but it is only a rebound, not a reversal.