Cotton Yarn Imports Increased From Vietnam

　　 China Textile Import and Export Chamber of Commerce The relevant responsible person said that at present, India, Pakistan and Vietnam have become the three largest source markets of cotton yarn imports in China. In 2014, the import of cotton yarn from India and Pakistan showed negative growth, and the favorable growth momentum from Vietnam further consolidated the market position of Vietnamese cotton yarn in our country.

In 2014, our country from India Imports of cotton yarn accounted for 26.9% of the total imports, 541 thousand tons, down 13.8%, the average import price of 3.03 U.S. dollars / kg, down 6.4% compared to the same period. from Pakistan Imports of 506 thousand tons of cotton yarn, accounting for 25.1%, down 15.8% over the same period last year, the average import price of 2.75 U.S. dollars / kg, down 6.4%. Vietnam ranked third, with an import volume of 396 thousand tons, accounting for 19.7%, and the proportion increased further. The growth momentum was quite impressive, an increase of 53.6% in 2014, and an average import price of 3.19 US dollars / kg, down 8.5% over the same period last year.

Among the other ten largest source countries, Indonesia and Uzbekistan also grew faster, with an increase of 42.6% and 46.6% respectively, with imports of 94 thousand tons and 67 thousand tons respectively. Imports from the United States, South Korea and Thailand were all negative growth, with imports of 32 thousand tons, 34 thousand tons and 39 thousand tons respectively.

In addition, Guangdong, the largest province of China's cotton yarn imports, imported 568 thousand tons in 2014. According to the data provided by the China Textiles Import and Export Association, in 2014, Guangdong imported 568 thousand tons, down 14.2% compared to the same period, accounting for 28.2%, the import unit price was 3.43 US dollars / kg, Beijing imported 265 thousand tons, the decrease was 29.5%, the import price was 2.86 US dollars / kilogram, Zhejiang and Shanghai imported 350 thousand tons and 232 thousand tons respectively, 2.1% and 25.8%, import prices were US $/ kg and USD / kg respectively, Jiangsu and Shandong imports were respectively tons and tons, and other import and export provinces and cities also had different degrees of growth. The number of cotton yarn imported by general trade was 1 million 480 thousand tons, accounting for 73.6%, basically unchanged from 2013, totaling 4 billion 270 million US dollars. Processing trade was subsidiary, import volume was 502 thousand tons, accounting for 24.9%, of which 473 thousand tons were imported processing.

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In 2014, the import value of textile and apparel reached 26 billion 550 million US dollars, down 1.7% compared with the same period last year, of which cotton yarn imports amounted to US $6 billion 230 million, accounting for 23.5% of the total textile and clothing imports. According to the statistics of the General Administration of customs, the import of cotton yarn showed an increasing trend from 2008 to 2013. The import amount in 2011 was 3 billion 410 million US dollars; in 2012, it was US $4 billion 960 million, an increase of 45.3%; in 2013, the total import value of cotton yarn was 6 billion 820 million US dollars, an increase of 37.5% over the same period last year. In 2014, the import of national cotton yarn fell, the import amount was 6 billion 230 million US dollars, down 8.7% compared with the same period last year, and the total import volume reached 2 million 11 thousand tons, which is nearly 5 times the total export volume of cotton yarn, down 4.2%.

From a single month, the import price of cotton yarn first increased and then decreased, and imports declined in February, April and December. The head of the China Textile Import and Export Chamber of Commerce said that the average import price of cotton yarn in 2014 was 3.09 US dollars / kg, down 4.7% from the same period last year. The import prices in January and February were 3.15 US dollars / kg and 3.08 US dollars / kg respectively, and then rose. In June and July, the highest value was 3.21 US dollars / kg. After that, the price of imports in 8 and September was 3.16 US dollars / kg and 3.06 US dollars / kg respectively, and October was 3.01 US dollars / kg, and it dropped to 2.96 US dollars / kg, and dropped to 2.88 US dollars / kg.

The import of cotton yarn in 2014 only increased in February, April and December, and the rest months' imports dropped to varying degrees.

Insiders said that in 2014, because domestic cotton prices continued to fall, imported cotton had lost the price advantage, the use of domestic cotton yarn has greatly improved compared with before, and the use of imported cotton yarn has decreased, so the cotton yarn import volume decreased slightly last year.