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No Significant Changes Have Been Made In Pakistan'S Total Textile Exports.

2015/1/23 16:43:00 12

PakistanTextilesExports

Last December, Pakistan

textile

and

clothing

Exports of US $1 billion 175 million, down 6.38% compared to the same period last year, is attributed to the shortage of energy supply in Punjab.

Textile exports to Europe increased in the 1-11 months of last year, but the total export of textiles did not improve significantly in Pakistan.

Analysts say

Pakistan

Exporters only export products from other parts of the country to European exports so as to enjoy preferential trade treatment. The overall capacity of Pakistan textiles has not improved.

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According to media reports, a person from the Xinjiang development and Reform Commission recently said that the average cost of planting cotton per mu in Xinjiang is about 2800 yuan. According to the target price of 19800 yuan per ton in the 2014/2015 cotton season, cotton growers earn less than 1000 yuan per ton.

However, analysts believe that the Xinjiang cotton direct subsidy price reduction in 2015 will be a big probability event.

Since September 2014, Xinjiang has launched a pilot project on cotton target price reform. At the same time, temporary storage and withdrawal of cotton has been abolished. Cotton target price subsidies are combined with the actual cotton planting area and seed cotton sale volume. 60% of the central subsidy fund is subsidized by planting area, and 40% is subsidized by the actual seed cotton sale volume.

Media also reported that the Xinjiang development and Reform Commission said that the 2015/2016 cotton season, Xinjiang cotton target price may be introduced in April 2015.

In the view of analysts, cotton prices in Xinjiang in 2015 were difficult to maintain in 2014 because of the sharp fall in cotton prices.

"In addition to being determined by the market price, otherwise, if we continue to insist on this price, it will undoubtedly increase the financial burden of the state.

Target price reduction will be inevitable.

Sun Liwu predicted that it might be below 19000 yuan / ton.

Feng Mengxiao, chief economist of China cotton storage information center, said that if the level of 19800 yuan / ton was re implemented in 2015, the possibility of downgrading could be seen from multiple angles, such as price differentials, financial burden and cost of agricultural materials.

The price of direct subsidy depends on the trend of domestic cotton prices in the future.

Feng Mengxiao believes that in view of the external factors such as the US dollar exchange rate and international oil price, considering the fundamentals, cotton prices will tend to be stable due to domestic cotton production, supply and consumption.

Sun Liwu also predicted that 13000 yuan / ton should be the bottom of cotton prices, and cotton prices would still be "relatively bottomed up" around the Spring Festival.

Sun Liwu finally suggested that cotton growers should strengthen field management and respond to price fluctuations with high quality and high yield cotton production.


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