1-4 Months Of This Year, China'S Imports Of Cotton Yarn Growth Slowed Down Compared With The Same Period Last Year.

The rapid growth of imported yarn in the past two years has attracted much attention and has also brought impact and pressure to domestic spinning enterprises. < p >

The latest data show that the import yarn growth rate dropped in 1~4 months this year.

With the reduction of cotton price difference at home and abroad, import yarn has no advantage? How will the future import yarn market develop? In June 12th ~13, 2014 imported yarn forum was held in Hangzhou.

Foreign cotton yarn suppliers, domestic senior import and export trade experts, more than 400 representatives of enterprises in-depth analysis of the above hotspots.

The imported yarn exhibition held during the same period is still popular, attracting thousands of buyers' active participation.

The participants agreed that the market structure of imported yarn is changing, and the market share of imported yarn will expand in the long run.

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< p > according to statistics, the total import volume of cotton yarn imports in China increased by 7.2% in the month of 1~4, an increase of 51.3% compared to the same period last year, 51.3%.

Zheng Shengwei, an information manager of Zhejiang Huarui information Touchplus information Corp, believes that the adjustment of China's cotton policy is an important factor affecting the import yarn trade.

Due to the abolition of the cotton purchase and storage policy in the new year, the domestic price of cotton is expected to be clear, and the domestic price of cotton will be narrowed.

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< p > from the point of view of usage, imported yarn varieties from single to comprehensive, the use of regional extension from the coast gradually to the Midwest.

From the operator's point of view, the total amount of imported cotton yarn increased by 69.01% in 2012, and the participation group increased sharply in 2013. Due to the intensified competition, profits were continuously compressed. After the last half of last year, the 1/3 market operators were eliminated.

Through the survival of the fittest, the market has nurtured a group of more mature importers and distributors. More and more attention has been paid to improving service quality and integrating resources, and its operation and operation are more rational.

Coupled with changes in environmental factors such as China's cotton policy adjustment, the overall market atmosphere of imported yarn has changed from hot to rational.

After a few waves of adjustment, the importing yarn has become "Metamorphosis" compared with the past few years, no matter from the business concept or operational proficiency.

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< p > despite the influence of < a href= "//www.sjfzxm.com/news/index_c.asp" > cotton > /a > policy adjustment and weak market demand, the growth rate of import yarn in the next two years may fall sharply, but the participants are still optimistic about the prospect of the import yarn market.

As the cost of domestic spinning enterprises increases and the product structure turns to non cotton, global resource integration becomes the trend of the times. In the long run, imported yarn will still occupy the a href= "//www.sjfzxm.com/news/index_c.asp" market share of China's cotton yarn Market < /a >.

Chen Qinfeng predicts that the import cotton yarn will double the growth space in the next 5 years, and the annual import volume may reach 4 million 500 thousand tons.

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In the first half of 2014, the RMB exchange rate experienced a period of significant depreciation, and the maximum depreciation rate was 3%, which brought great operational risks to the imported yarn business enterprises in the first half of 2014.

Lian Ping, chief economist of Bank of communications, believes that the possibility of continued depreciation of the RMB exchange rate is relatively small, and is expected to "two-way fluctuations, increase amplitude, small appreciation".

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< p > > on this forum, < a href= "//www.sjfzxm.com/news/index_c.asp" > China Cotton Textile Industry Association < /a > Secretary General Wang Qingcui, India Cotton Textile Export Promotion Committee Siddhartha Rajagopal, TT manager of India TT company Sanjay K.Jain, Sardar company Sanjay, Shanghai company, Shanghai Trading Co., Ltd., marketing director, and so on, respectively, on the current situation of Chinese textile enterprises' foreign investment, India textile market prospects, Pakistan and China's cotton yarn trade prospects, yarn quality management and other topics.

The forum is sponsored by Zhejiang Huarui information Touchplus information Corp (China Cotton Textile Information Network).

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