Composite Fabric,bonded fabric,Lamination Fabric Lamination Fabric News The short and heavy problem of imported cotton at Jiangsu ports in the first half of the year is prominent

The short and heavy problem of imported cotton at Jiangsu ports in the first half of the year is prominent



According to news from the Jiangsu Inspection and Quarantine Bureau on the 20th, the quantity and quality of imported cotton at Jiangsu ports declined in the first half of 2015, especially the problem of short …

According to news from the Jiangsu Inspection and Quarantine Bureau on the 20th, the quantity and quality of imported cotton at Jiangsu ports declined in the first half of 2015, especially the problem of short and heavy cotton. A foreign cotton supplier was downgraded.
From January to June 2015, inspection and quarantine departments across Jiangsu inspected a total of 980 batches of imported cotton, weighing 234,200 tons, and worth approximately US$443 million. Compared with the same period last year, the batch, weight, and value dropped by 35.8% and 50.5% respectively. %, 54.6%. The main reason for the decrease in import volume is that in 2014-2015, domestic cotton stocks were high and digestion capacity was insufficient. In order to guide domestic textile enterprises to use more domestic cotton, the country will no longer issue additional quotas except for the 894,000 tons of tariff quotas, resulting in Cotton imports dropped significantly. In addition, due to the narrowing of the price difference between domestic and foreign cotton, the price advantage of foreign cotton has weakened. The recent downturn in the textile market and insufficient terminal purchasing power are also important factors leading to the decline in the quantity of imported cotton in Jiangsu.
Not only has the quantity of imported cotton declined, but the quality of imported cotton has also declined slightly. According to statistical data, the overall average non-compliance rate of imported cotton grades in Jiangsu in the first half of the year was 9.5%, an increase of 1 percentage point compared with the same period in 2014. Including length, fineness, cotton fiber length, etc., the non-compliance rates have increased slightly compared with last year.
What is more noteworthy is that the problem of short and heavy imported cotton arrivals is particularly prominent. On-site inspection found that nearly 90% of imported cotton batches were short-weight, with the overall average short-weight rate being 0.82% and the highest short-weight rate reaching 6.9%. Among them, 6 batches had a short weight rate exceeding 3%. Jiangsu Inspection and Quarantine Bureau promptly issued claim certificates to enterprises based on the quality and shortness of the cotton. The total amount of external claims was US$6.531 million, accounting for 1.48% of the total value of imported goods, recovering losses for the country and enterprises.
Cao Xizhong, deputy director of the Industrial Product Testing Center of the Jiangsu Inspection and Quarantine Bureau, said that in response to the serious short-weight and downgrade problems of imported cotton, the bureau has strengthened inspection and testing on the one hand, and strengthened the credit management of foreign suppliers on the other. Australian cotton suppliers have been downgraded. The downgrading of the cotton provided by this supplier has exceeded the evaluation criteria of “the number of cotton bales with downgrading range of grade 2 or above exceeds 20% of the total number of bales”, which is a serious quality failure. Downgrading management of suppliers will have an impact on the credibility of the company and the intensity of supervision.

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Author: clsrich

 
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