Cotton Imports Increased By 6 In Xiaoshan Last Month.

From the Hangzhou customs office in Xiaoshan, the total import volume of cotton in our district in July was 11 million 930 thousand US dollars, an increase of 187% and an increase of 63.7%.

Cotton is the main raw material of the textile industry. So does the surge in cotton imports mean the recent production of our textile industry?

Domestic cotton prices are unstable

Since September 1st last year, domestic cotton prices have experienced several ups and downs.

It is understood that in 2010, the textile industry was booming, and the industry was running well. The demand for cotton increased and drove prices up.

But in 2011,

Cotton imports surging or will continue

Since last year, some countries have restricted exports, and the amount of cotton imports in our region has been on the rise.

At present, our region imports cotton mainly from India and the United States. From the data of cotton imports in July, we can see that the amount and quantity of imported cotton will be higher in August because of India's policy of lifting export restrictions.

The deputy general manager of a textile enterprise in our district told reporters that the company bought a large quantity of cotton a year ago, and now there is not much inventory, and it is also eager to purchase cotton for storage.

Recently, enterprises have been paying attention to cotton price dynamics and seeking low price purchase.

When it comes to preferences for foreign or domestic cotton, he says it is mainly about prices.

According to the relevant personnel of the textile printing and dyeing industry association, from the perspective of price dynamics, foreign cotton prices were generally higher than domestic prices last year, and in July this year, foreign cotton prices were obviously lower.

Taking grade 328 cotton as an example, the average price of foreign port to port in July is about 20600 yuan per ton, while the domestic average price is about 21000 yuan per ton, and the difference price is about 400 yuan per ton.

Cotton is not always in the pockets of textile enterprises.

In recent years, the proportion of production and marketing of textile and garment industry in our region has been declining continuously due to factors such as labor force and resource factor price rise.

It is reported that the textile and garment industry in 2008, 2009, 2010 three years, the above scale industrial sales output value is lower than the whole region above scale average 9.1, 19.7, 16.6 percentage points.

Our textile and garment industry has reduced orders and understarted construction, which has restrained cotton imports to a certain extent.

According to the Regional Economic Development Bureau staff, since last year, many textile enterprises in our district generally have more cotton stocks, when the purchase price is around 24000 yuan per ton. After continuous digestion, inventory has been at a low level.

Because of the lower market prices of cotton, many enterprises will choose to buy again and lower positions.

The industry said that the import of cotton is not all into the textile enterprises, from the past years, many textile enterprises in our region will choose to buy domestic cotton.

There are also a number of cotton dealers in our district. Because of the low price of imported cotton, some dealers will choose to buy stock in time and wait for the price to rise and sell for the difference.