The Overall Performance Of The Textile Purchase And Sale Market Has Improved.

According to the latest statistics from the General Administration of customs, in March 2016, 190 thousand and 500 tons of cotton yarn imported in China decreased by 23.35% compared with the same period last year, and exported 30 thousand and 700 tons of cotton yarn, an increase of 5.20% over the same period last year. Net imports were 159 thousand and 800 tons, down 27.14% from the same period last year.

In 1-3 months of 2016, China imported 468 thousand tons of cotton yarn, down 20.75% from the same period last year, and exported 75 thousand and 100 tons, down 15.02% from the same period last year.

In March 2016, China imported 37 million tons of cotton cloth, a decrease of 37.65% over the same period last year, 759 million cotton exports, an increase of 71.56% over the same period last year, and net exports of 722 million meters, an increase of 88.58% over the same period last year.

In 1-3 months of 2016, China imported 94 million tons of cotton cloth, down 31.07% from the same period last year, and exported 2 billion 53 million meters, an increase of 24.16% over the same period last year.

Cotton imports have declined significantly in the new year.

Also reduced, and thus to a certain extent, ease the supply pressure of cotton.

The overall performance of the textile purchase and sale market has improved, the cost of raw materials has decreased, the output of yarn and cloth has risen, sales progress has been accelerated, and the export of textiles and clothing has increased significantly.

Textile and clothing exports, according to customs statistics, the month of China

Exports of US $16 billion 852 million, an increase of 34.10% over the same period, and an increase of 7.63% over the month.

Domestic cotton demand is picking up gradually. The cotton association of China expects cotton consumption this year to be 6 million 814 thousand tons, an increase of 114 thousand tons over the previous forecast.

As for the production and marketing of gauze, in March, the operating rate of textile enterprises increased, yarn and grey fabric production increased, downstream demand recovered, sales were relatively smooth and inventory decreased.

According to the survey data,

The annulus ratio increased by 48.04%, and cloth production increased by 29.18%.

The yarn sales rate was 97.86%, an increase of 4.79 percentage points from February, an increase of 2.28 percentage points over the same period last year.

Yarn inventory for 14 days, basically flat last month; grey fabric inventory for 21 days, 2 days less than last month.

At the end of March, raw material inventory of textile enterprises increased compared with that of February, but it was still relatively low. The purchasing strategy of raw materials used by textile enterprises was normalized with the purchase strategy. The policy of reserve cotton rotation was clear, and the short-term replenishment of enterprises increased significantly.

According to the cotton inventory and the amount of cotton used by the surveyed enterprises, as of March 31st, the number of cotton stocks in the national textile enterprises was about 320 thousand tons, estimated to be about 15 days, an increase of 22 thousand and 300 tons compared with February, and an increase of 7.38% in the ring ratio.

Among the surveyed enterprises, 30% of the cotton stocks were increased, 38% of the cotton stocks were reduced, and 32% were the wait-and-see attitude.

From the above data, the overall performance of the textile purchase and sale market has improved, the cost of raw materials has declined, the output of yarn and cloth has risen, sales progress has been accelerated, and textile and clothing exports have increased significantly.

This shows that downstream demand is all improving, supporting cotton prices in the short term.