The Logic Behind The Decline Of Import Yarn Competitiveness

In May 3rd, the import yarn was still concentrated in OE10-16S, combed and combed 21-32S, and some ports were still out of stock.

Up to now, import yarn stock has increased to 79 thousand tons, which is 7 thousand tons higher than that in early April.

Mainly concentrated in Guangzhou, Zhangjiagang, Qingdao, Ningbo, Shanghai, Tianjin and other ports.

The volume of imported yarn was about 14 thousand tons, up 3 thousand tons from half a month ago. The main source countries are India, Pakistan, Vietnam and so on.

The number of imported yarn in Shanghai port is about 13 thousand tons, up 2 thousand tons from half a month ago. The main source countries are India, Pakistan and the United States.

Tianjin port

The quantity was about 2 thousand tons, which changed little in the first half of the month.

The number of imported yarn in Guangzhou port is about 19 thousand tons, up 2 thousand tons from half a month ago. The main source countries and regions are India, Indonesia, Vietnam, Pakistan, Uzbekistan, China Taiwan, the United States and so on.

The quantity of imported yarn in Zhangjiagang is about 16 thousand tons, which is 1 thousand tons less than half a month ago.

Pakistan, Indonesia, Vietnam and Uzbekistan.

The number of imported yarn in Qingdao port is about 15 thousand tons, up 1 thousand tons from half a month ago. The main source countries are India, Pakistan and Vietnam.

In May 3rd, Qingdao's India, OE10S, C21S, C32S and JC32A yarn CFR quotations were 2.18-2.20 US dollars / kg, 2.20-2.22 dollars / kg, 2.42-2.44 dollars / kg, 2.66-2.70 dollar / kg respectively, compared with the first half of April, the US dollar / kg.

The difference between inside and outside cotton yarn is narrowed, and the competitiveness of imported yarn has declined.

Related links:

In order to digest the state reserve cotton inventory in an orderly way, the reserve scale will be adjusted to a reasonable level. This year, the reserve cotton rotation not only improved the operation mode, but also improved the efficiency of reserve control.

Compared with previous rounds, the biggest highlight of this year's round is the bottom price and the public inspection standard.

In 2016, the sale price of the national reserve cotton (discount standard grade 3128) will be adjusted once a week based on the domestic and international cotton prices. The formula is as follows: the average price of cotton spot price index in the domestic market last week, the weighted average 50%+, the average price of the spot price index in the international market last week, the average weight is 50%.

The selling base price of non standard grade reserve cotton is calculated according to the quality difference table published by China Cotton Association.

In the past years, basically, the state set up a base price based on the prevailing market conditions, and will use this fixed price during the whole round.

The advantage of doing so this year is that the downstream enterprises can easily auction the right price lint and enhance the enthusiasm of the bidding enterprises.

Besides the price, the way of public inspection is also a highlight.

This year, the rules for the implementation of the national reserve cotton outgoing warehouse stipulate that the domestic cotton produced in this year will be subject to 100% public inspection (quality index package inspection and batch inspection of weight index). The difference between quality and weight will be sold in accordance with the re notarized inspection results within the allowable range.

The quality inspection of imported cotton is in accordance with the 10% sampling inspection, and the weight is sold according to the net weight of imported goods.

In previous years, both domestic cotton and imported cotton were sampled according to a certain proportion.

In addition, compared with previous years, domestic cotton only checked the quality and color level of the rolling mill, and imported cotton only tested the quality of the rolling mill, the color level, the length and the micron value.

The domestic cotton inspection indexes include the weight, color, mill quality, length, micron value, fracture strength and length uniformity index. The imported cotton inspection indexes include color level, mill quality, length, micron value, fracture strength and length uniformity index.