In 2017, Reserve Sales And Low Price Rounds Made The Export Of Chinese Cotton Spinning Enterprises More Powerful.

According to customs statistics, in April 2017, China imported 141 thousand tons of cotton yarn, a decrease of 14.34% compared to the same period last year, a decline of 22.72% in the ring ratio, and an export of about 32 thousand and 600 tons of cotton yarn in that month, an increase of 5.54% over the same period last year. In 2017, 671 thousand and 200 tons of imported cotton yarn were accumulated in China in 1-4 months, an increase of 6.11% over the same period, but the cumulative export of cotton yarn was 118 thousand and 500 tons, an increase of 10.65% over the same period last year. As of April 2017, China imported 1 million 346 thousand and 500 tons of cotton yarn in 2016/17, a decrease of 1.75% over the same period last year, and a total of 232 thousand and 700 tons of cotton yarn exported, an increase of 14.01% over the same period last year.

This series of data shows: first, 3, and April, China's cotton yarn imports were greatly increased by the prices of cotton and India, such as India, Pakistan and Vietnam. In March 6th, the impact of cotton spinning significantly reduced the cost of spinning enterprises. The import dive in April, although the overall growth in 1-4 months is still growing, the situation is becoming more and more sluggish. In March 6th and June, the continued decline is a big probability event. First of all, the difference between US cotton, Australian cotton or India cotton, West African cotton and domestic cotton has not been drawn up this year. In 2017, the low price of reserve sales made the export of Chinese cotton spinning enterprises more powerful.

According to statistics, April 2017 Vietnam? The export yarn was 106 thousand and 400 tons, an increase of 8.34% over the same period last year, a decrease of 7.45% in March (114 thousand and 900 tons in March), and a 401 thousand and 700 ton export yarn in 2017, an increase of 18.82% over the same period last year. This shows that in April, Vietnam's yarn exports encountered some problems with exports from China, Korea and Turkey, especially in China.

First of all, since the middle and late 4 months, the India cotton mill has been slowing down inside and outside the products, the India rupee weakened against the US dollar and the cotton price of India has been falling down. The price of FOB, CNF and CIF of cotton yarns and blended yarns has been greatly reduced. The callback space of C21-C32S and JC21-JC32S reaches US $0.12-0.15 / kg; and because of the strong ICE and low yarn stock, Vietnam's quotation of JC20-JC32S (JC21/2 and JC32/2) has even gone up in the direction of US $/ kg.

Secondly, in 4 and May, the price of domestic yarn dropped to 1000 yuan per ton. From the survey point of view, the price of cotton yarn in domestic large and medium-sized mills has entered a continuous downward trend since the middle of 4. C21-C40S and JC32S and JC40S yarn have been lowered by 300-500 yuan / ton, while C21, C32 and JC32 have gone to Vietnam. Brand yarn The RMB quotations generally stabilized at 22000-22300 yuan / ton, 24200-24500 yuan / ton, 26300-26600 yuan / ton, higher than 1000-1200 yuan / ton of the same number of domestic yarn, and Vietnam's spinning factory was mostly under 20 thousand ingot (according to the estimate, the Vietnamese spinning scale was about 6 million 100 thousand spindles by the end of 2016), which did not meet the requirements of mass signing, stable quality and timely delivery of yarn.

Again, ICE's rise has led to the purchase of raw materials from Vietnam's cotton mill. Cotton blending Difficulties arise. According to USDA's latest monthly report, Vietnam imports about 1 million 171 thousand tons and consumes 1 million 154 thousand tons. Among them, the cotton, India cotton, Australia cotton, Central Asian cotton (mainly Uzbekistan cotton), West Africa cotton and Brazil cotton are all the purchasing targets of Vietnam's cotton mill. According to statistics, in 2017, Vietnam imported 436 thousand and 300 tons of cotton, which increased by 22.87% over the same period of 1-4 months in 2017, and cotton imports in the United States, India cotton and West Africa. The ICE jumped sharply, while the yarn quotations stabilized on the cotton and yarn bars such as India, Pakistan and China. The profits of textile enterprises and the decline of their living space, the gradual adjustment of raw material procurement, the difference in cotton quality and grade, and the decline in the stability of yarn quality were gradually adjusted in the 1-4 months.

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