Brief overview of cotton yarn imports across the country
In the first two months of this year, domestic cotton prices dropped significantly. At the beginning of the year, the price of cotton 3128B was 12,923 yuan/ton, and dropped to 12,090 yuan/ton on February 29. As of February 29, domestic and foreign cotton tariffs on domestic cotton The price difference is 1,157 yuan/ton.
According to Chinese customs statistics, in January, my country’s yarn imports were US$580 million, down 29.5% year-on-year, of which cotton yarn imports were the main import, with an import value of US$410 million, down 33.8%, accounting for 22.7% of the country’s total textile and apparel imports.
1. In January 2016, my country’s cotton yarn imports dropped more sharply than at the end of last year.
Affected by the exchange rate, my country’s cotton yarn imports fell back in the fourth quarter of 2015. In January this year, the downward trend continued at the end of last year, and the import volume dropped another 25.9% to 161,000 tons. With the decline in international cotton prices, the unit price of cotton yarn imports continues to decline. In January this year, it was US$2.53/kg, a year-on-year decrease of 10.7%.
2. In January 2016, among the top three import sources, Vietnamese yarn was the most outstanding.
India, Pakistan and Vietnam are the main source markets for my country’s cotton yarn imports. In January, only Vietnam’s imports increased. In January 2015, my country imported 45,000 tons of cotton yarn from India, down 35.8% from the same period last year; the import unit price was US$2.45/kg. Vietnam followed closely behind, importing 42,000 tons, a year-on-year increase of 5.1%, and the import unit price was US$2.56/kg. Pakistan ranked third, importing 28,000 tons, a year-on-year decrease of 52.6%.
Among the remaining top ten import source countries, Indonesia also increased, with an increase of 11.1% in import volume, Uzbekistan decreased by 6.4%, my country’s import volume from the United States and Malaysia increased by 39.4% and 116.4%, and South Korea decreased by 28.2%.
In March, six provinces and cities imported more than 10,000 tons of cotton yarn in January.
In January, six major provinces and cities imported more than 10,000 tons of cotton yarn, accounting for 85.9% of the total. Among them, Shandong showed growth, with an increase of 49.7%, and the import volume was 25,000 tons, ranking second among importing provinces and cities. Guangdong imported 45,000 tons, down 33.3% year-on-year; Zhejiang imported 24,000 tons, ranking third, down 33.4% year-on-year. The remaining provinces and cities were Shanghai, Jiangsu, and Beijing, with declines of 20.3%, 23.8%, and 57.9% respectively.
The trade mode is mainly general trade, accounting for 72.6% of the total cotton yarn imports, which is 117,000 tons, a year-on-year decrease of 29.2%; processing trade is supplemented, accounting for 23.5%, and the import volume is 38,000 tons, a decrease of 24.2% compared with the same period last year. , of which 36,000 tons were processed. Summary of national cotton yarn imports in January 2016
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