Three Aspects Of Inferior Performance Of India Yarn

According to statistics, India pure in April 2016. Cotton yarn Exports of 136 thousand tons, a year-on-year decrease of 32.60%, a decrease of 3.54% in the ring ratio, and a 9.84% decline in exports. China, Bangladesh and Egypt still occupy the top three cotton yarn exports in India, accounting for 33%, 19.80% and 5.20% respectively. According to China Customs data, 2015/16 imported 1 million 205 thousand and 800 tons of cotton yarn in China during the period of 2015/16, down 7.81% compared to the same period last year, and exported 170 thousand and 700 tons of cotton yarn, down 16.98% compared with the same period last year. The imports of cotton yarn in India, Vietnam and Pakistan were 346 thousand tons, 294 thousand and 800 tons and 258 thousand and 100 tons respectively, accounting for 28.69%, 24.45% and 21.4% respectively. The proportion of yarn imports is basically stable (the proportion of India cotton yarn in China's imports in the 2013-2015 years is 29.87%, 26.89% and 29.98% respectively), but it is worth paying close attention to the following two problems. First, the scale of China's cotton yarn imports is showing a high diving, while India cotton yarn still occupies 1/3 of China's imports, but the export volume of 2015/16 to China has been reduced by 28 thousand and 100 tons. Second, Vietnam's cotton yarn exports to China "come from behind", not only exceeds Pakistan, but also exceeded India's export volume to China in March, 12 thousand and 600 tons, and put forward a strong challenge to India's "cotton boss" status.

Jiangsu, Zhejiang, Shandong, Henan, Guangdong and other places. textile mill Traders believe that Vietnamese yarn imports exceed India yarn only a matter of time. Since 2016, some export orders have been replaced by high quality Vietnamese yarn instead of India yarn. The proportion of printed yarn to China's imports will gradually shrink to 25%, 20% or even lower. The disadvantages of India yarn are shown in the following aspects:

First, the quality and stability of India's cotton yarn is superior to that of other countries in Southeast Asia and Central Asia, leaving only one advantage of "strong supply capability". For the current order "short, flat, fast" features, Vietnam, Indonesia and Uzbekistan and other countries can fully meet the needs of Chinese enterprises. Compared with India and Pakistan cotton yarn, Vietnam cotton mill mainly uses "no three silk" cotton, Brazil cotton and West African cotton, Central Asian cotton, cotton grade and so on. yarn The indexes are even or even stronger than those of India yarn. With the expansion and investment of Chinese enterprises in Vietnam, the level of equipment has increased rapidly, and about 80% of cotton yarn has returned to domestic sales. The quality of C21-C40S, JC21, JC32SA yarn bleaching, air-jet yarn and compact spinning has left most of India's cotton mills behind. But Vietnam's cotton mill generally has 1-3 spindles (less than 5-10 million spindles), which restricts the ability of receiving and exporting.

Two, India's domestic cotton prices remain high. India rupees strengthened against the US dollar and cotton yarn exports went to a dead end. Since the first ten days of May, the price of OE10S, C21S, C32S and JC32SA yarn produced in India, Qingdao, Zhangjiagang and Guangzhou free trade zone are respectively US $1.48-1.50 / kg, 2.22-2.25 USD / kg, 2.44-2.48 USD / kg, 2.68-2.72 US dollar / kg, compared with the first half of April, we have gained 0.08-0.12 USD / kg, which is higher than that of Pakistan cotton yarn 0.03-0.05 USD / kg. Vietnam Dachang A+ yarn and India yarn quotes are "close to each other", but cotton blending and other indicators are higher.

Three, compared with Vietnamese textile enterprises, India's yarn needs to be improved in terms of transportation, contract execution and reputation. Factories in Jiangsu, Zhejiang and other places indicate that only a week or so is needed to import cotton yarn from Vietnam (some of which are newly built or expanded by domestic enterprises in Vietnam), and the expenses for shipping and insurance premiums are also lower. Moreover, large scale enterprises such as Vietnam and Uzbekistan have good reputation (limited domestic weaving capacity, high dependence on cotton yarn export), contract execution capability and quality claims. Obviously better than some India and Pakistan cotton mills. Some traders sell Vietnamese yarn, which is relieved of the worries of Chinese buyers according to the agreed terms of advance compensation.