-A brief overview of cotton yarn imports across the country

Under the pressure of the release of cotton reserves, domestic cotton prices continued to fall in the first quarter of this year. Since April, domestic cotton prices have continued to rise. On May 27, the price of Xinjiang cotton 3128B has been adjusted to 12,577 yuan/ton, discounted to 1 The price difference within % tariff is 524 yuan/ton.
According to Chinese customs statistics, from January to April, my country’s yarn imports were US$2.33 billion, down 24.4% year-on-year, of which 2/3 were cotton yarn imports, with an import value of US$1.6 billion, down 28.9%. Cotton yarn imports accounted for the country’s textile and clothing imports. 22.2% of the total.
1. In April 2016, my country’s cotton yarn imports declined for the sixth consecutive month.
With the significant reduction in the cost of domestic cotton, the popularity of imported yarn has dropped, and companies’ imports of cotton yarn have continued to decline for 6 months. From January to April this year, the downward trend continued at the end of last year, with a year-on-year decrease of 21.5%. Import volume fell by 25.9% in January, with a smaller base in the same period last year. It fell by 6.6% in February, continued to fall by 23.3% in March, and dropped by 23.6% in April, importing 165,000 tons. The unit price of cotton yarn imports continues to decline, with the average price from January to April being US$2.54/kg, a year-on-year decrease of nearly 10 percentage points.
2. Vietnamese yarn is still popular.
my country’s cotton yarn market has long been impacted by low-count yarns from Pakistan and medium- and high-count yarns from India, Vietnam, and Indonesia. In recent years, a large number of companies have invested in yarn mills in Vietnam. my country’s cotton yarn imports from Vietnam have continued to grow. However, due to the impact of the general environment, the growth rate has narrowed significantly from the end of last year to the beginning of the year. It returned strongly in March and April, with growth rates of 25.9% and 25.9% respectively. 21.7%, and surpassed India to become my country’s largest import source of cotton yarn. A total of 175,000 tons were imported from January to April, a year-on-year increase of 16.7%, accounting for 26.2% of the total cotton yarn imports. Imports from India have experienced negative growth since December last year. In the first four months of this year, 158,000 tons of cotton yarn were imported, down 36.6% from the same period last year, accounting for 1/4 of total imports; imports from Pakistan began to decline in October last year, 1 -The import volume in April was 128,000 tons, down 40% year-on-year.
Among the remaining top ten import source countries, Indonesia increased slightly, with an increase of 5% in import volume, Uzbekistan fell by 13 percentage points, my country’s import volume from the United States and Malaysia increased by 28% and 84%, and South Korea fell by 28%.
Three. From January to April, only Shandong cotton yarn imports increased.
From January to April, eight major provinces and cities imported more than 20,000 tons of cotton yarn. Among them, except Anhui, imports were the same as the same period last year. Only Shandong, a major cotton spinning province, showed growth. It mainly imported Indian yarn and Pakistani yarn, an increase of 21.7%, and the import volume was 95,000 tons, ranking third among importing provinces and cities. Guangdong imported 182,000 tons, down 19% year-on-year; Zhejiang imported 100,000 tons, ranking second, down 28.1% year-on-year. Shanghai fell by 8.5%, and Jiangsu, Fujian, and Beijing fell by 30.6%, 18.5%, and 64.3% respectively.
The trade mode is mainly general trade, accounting for 76.3% of the total cotton yarn imports, which is 482,000 tons, a year-on-year decrease of 21.8%; processing trade is supplemented, accounting for 20.7%, and the import volume is 131,000 tons, a decrease of 26.8% compared with the same period last year. , of which 124,000 tons were processed as input.