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Import Growth Of China'S Imports Of Cotton Is Conducive To The Revival Of Textile Industry In January

2013/2/26 11:25:00 12

Cotton ImportsTextilesCotton

< p > yesterday (February 25th), the data released by the national development and Reform Commission in January for cotton and < a href= "//www.sjfzxm.com/" target= "_blank" > textile < /a > industry showed that in January, China's cotton imports increased substantially, with an increase of 40.1%, while cotton prices rose steadily.

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< p > reporter learned that the cotton purchase and storage work from 2012 to 2013 will be concluded next month, and the new year's cotton purchase and storage plan is expected to be launched in the near future.

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"P", Sun Liwu, an information cotton analyst at commodity information portal, told reporters that because of the decrease in cotton planting area this year, there may be shortages in supply. Meanwhile, as the economic environment changes, cotton demand will show a mild recovery trend.

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< p > according to the statistical communique on economic and social development released in 2012 by the Bureau of statistics, in 2012, China's cotton planting area was 4 million 700 thousand hectares, which decreased by 340 thousand hectares compared with the previous year. This situation is expected to deteriorate further in 2013.

It has been reported that the cotton planting area in Shandong, Anhui and Jiangsu in 2013 is expected to decrease by around 10%.

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< p > according to the analysis data of cotton and textile industry's economic situation released by the NDRC, in January, the price of cotton in China rose steadily, and the average purchase price of cotton seed in the mainland was 4.2 yuan / kg, up 0.01 yuan / Jin, or 0.04%.

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< p > it is understood that not only the spot market, but also the "a href=" //www.sjfzxm.com/news/index_c.asp "cotton futures" /a > market has also seen a larger increase.

Zhengzhou cotton futures rose 245 yuan / ton compared with January, or 1.2%; the national cotton trading market electronic matching pactions in March the average contract price of 19495 yuan / ton, up 15 yuan / ton, or 0.1%.

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< p > according to statistics of the General Administration of customs, China imported 457 thousand tons of cotton in January, an increase of 131 thousand tons compared with the same period last year, an increase of 40.1%.

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< p > according to the plan for temporary storage and storage of cotton released in 2012 last year, the temporary storage and purchase of cotton from 2012 to 2013 will end in March 31st.

According to the announcement of last month's sales announcement of China's cotton reserve management company, the sale of the national reserve cotton will also end in March 31st.

In other words, in order to meet the raw material demand of textile enterprises, the state launched a new round of reserve cotton throwing and storing work in January 14th this year. The price of grade 3 cotton is 19 thousand yuan / ton, and the output of cotton is mainly cotton in 2011 and before.

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< p > "for the current a href=" //www.sjfzxm.com/news/index_s.asp "> cotton < /a > market, except for storage and storage, relatively immediate policy is not yet available. In the case of the end of the future storage and purchase policy, the sale of reserve cotton is probably not yet over, and there may be Continued Dumping and storage.

Sun Liwu analysis shows.

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