Chinese cotton and cotton yarn consumption is increasing
According to customs statistics, as of March 2017, China's cumulative import of cotton (16145, 180.00, 1.13%) was 374,000 tons, an increase of 164,000 tons compared with the same period of 2016, an increase of 78.1% (including March imports of 121,000 tons, an increase of 109 %); From January to March 2017, China imported 503,200 tons of cotton yarn, an increase of 13.3% year-on-year. Under the premise of an increase in cotton production, cotton imports, and cotton yarn imports, the recovery in cotton and cotton yarn consumption in China has been impressive. Click to learn immediately about the brand of cashmere sweater First of all, the use of cotton industrial stocks and commercial inventories are at a relatively low position (reserve cotton, although large, but does not have liquidity in the absence of rotation). Affected by the relatively sluggish production and sales of textiles and apparel companies in 2015-2017 and the relatively sluggish production and sales of small and medium-sized textile and apparel companies in recent years, not only the spinning cycle of raw materials for cotton mills has been adjusted from 45-60 days to 20-30 days, and weaving companies and apparel companies have The cotton yarns, grey cloths, and fabric reserves have also continued to decrease, and the entire industry chain is "usually used and bought as a single dish." This is a common phenomenon; Secondly, the cotton-operating companies and cotton yarn traders that are the “reservoir†once again play an important role. Since 2016/17, not only has a large number of cotton traders and textile mills in the interior purchased and operated Xinjiang cotton. Even several foreign companies actively participated in the project. In 2015 and 2016, the cotton reservoirs once again brought the advantages of capital and resources to full play. Similarly, a large number of cotton yarn and grey cloth traders in Jiangsu, Zhejiang, Guangdong, Shandong, and Henan were “brought by the wind†and intermediate links. A large number of “eat†coexist and accumulate cotton yarns and grey cloths. A certain amount of cotton, cotton yarns, and grey cloths are in the hands of traders, waiting for the opportunity to call for rain; Click to learn immediately about the brand of cashmere sweater Once again, orders for downstream gauze, fabrics, and garments have grown, especially as the export situation has reversed. According to statistics, in March 2017, China’s textile and apparel exports stood at US$20.17 billion, an increase of 82.35% from the previous period and a year-on-year increase of 18.78%. From January to March, the cumulative export value of textiles was US$23.269 billion, an increase of 1.22% year-on-year. In addition, as the Indian rupee’s exchange rate against the U.S. dollar continued to increase substantially in recent months, India’s cotton yarn, textiles, and apparel exports to Europe and the United States have rapidly declined; while major competitors such as Vietnam, Indonesia, Turkey, and Pakistan have been imported due to persistent high levels of ICE. The US, cotton, Brazilian cotton, and West Africa cotton are difficult to drop, and their domestic labor, energy, taxation, and other costs have risen. As a result, textile and apparel export competitiveness has also weakened. In addition, due to the reserve cotton round, the cost of middle and low count yarns in spinning and weaving enterprises has declined, and the bargaining space has increased in terms of export quotation and supply, and the competitiveness has increased. Want to learn more about cashmere sweater: accessible Pay attention to WeChat public number "Cashmere sweater industry platform" to learn more about cashmere sweater information Cey Fabric,Air Flow Woven Fabric,Muslim Clothing Fabric,Polyester Woven Fabric SHAOXING KAIMING TEXTILES CO.,LTD , https://www.sxruiqi.com