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Forecast Cotton Consumption In 2015

2015/1/22 14:38:00 28

CottonConsumptionMarket Quotation

Ding Haowu, general manager of the national cotton trading market,

We Cotton Textile Association also mentioned this afternoon. I think the consumption forecast is 8 million 360 thousand tons. Do you know if I remember correctly? Secretary Wang Qingcui, what kind of cotton consumption do you have for the whole country in 2015?

Forecast

Or estimate?

  

China Cotton Textile Industry Association

Secretary General Wang Qingcui:

Should say

Target price

After the reform, cotton prices have returned to the market, and the difference between the inside and outside cotton prices has been narrowed. Meanwhile, the quality of cotton has been improved. This should be good for textile enterprises, but the operation of the textile industry in 2015 is still facing many difficulties.

So I think it will be possible to recover cotton consumption in 2015, but I think it should be very small, because cotton still has some internal and external spreads.

In addition, just now chairman Chen said that cotton quality has great influence on enterprises.

Top quality cotton, better quality cotton, is still scarce for our textile enterprises.

So in the process of enterprise product structure adjustment, it is still restricted by cotton.

On the other hand, I feel that due to the influence of the entire substitute material, with the development of the function and substitution of chemical fiber and staple fiber, many enterprises are already using chemical fiber, and the chemical fiber enterprise itself has been pformed from the process and equipment.

If it wants to use cotton, just like the president at the end of the morning, the cotton must be more attractive than the chemical fiber, so it will be a little difficult.

Therefore, consumption should be relatively low in 2014. We predict that the optimism is less than 7 million 500 thousand tons. If pessimism is less than 7 million tons, we feel a slight recovery in 2015, but the number of recovery will not be great. And now, affected by the oil price, the polyester staple fiber will be 7000 yuan per ton, and the cost of production will also be considered.

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Export prices for Asian fabrics were 1.6 US dollars / m, up 2.6% over the same period last year, and the yarn export prices to EU and Latin America were 1.49 US dollars / M and 1.11 yuan / m respectively, down 3.8% and 1.3% respectively.

According to the data provided by the China Textile Import and Export Association, in 2014 1~11, China exported $930 million to Russian fabrics, down 3.9% from the same period last year, accounting for 1.9% of China's total exports of fabrics to the world, fifteenth of China's yarn export market, 500 million US dollars for Japanese fabrics, 5.3% down, exports to North America, the EU and Latin America, 1 billion 820 million, 3 billion 720 million and 4 billion 820 million dollars respectively, with an increase of 1%, 6.4% and 6.4% respectively.

In 1~11 month of 2014, China's mainland fabrics were exported to Hongkong by 4 billion 70 million dollars, down by 9.7%.

Exports to Bangladesh, India and Pakistan have increased to varying degrees, with exports of 3 billion 20 million, 1 billion 120 million and 1 billion 630 million US dollars, representing an increase of 4.4%, 12.5% and 16.9%.

According to the data provided by the China Textile Import and export chamber, the export price of fabrics in China in 2014 1~11 was 1.43 US dollars / m, up 0.7% over the same period last year.

Export prices for Asian fabrics were 1.6 US dollars / m, up 2.6% over the same period last year, and the yarn export prices to EU and Latin America were 1.49 US dollars / M and 1.11 yuan / m respectively, down 3.8% and 1.3% respectively.

In addition, the export unit price of cotton, silk woven fabrics, wool animal woven fabrics and chemical fiber woven fabrics increased, respectively, for us $1.7 / m, US $5.81 / m, US $7.67 / M and US $1.13 / m, up 3.2%, 1.3%, 3.4% and 2.5% respectively.


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