2012, China's cotton imports surge, annual import 1,527,900 tons, an increase of 68.93%. Although this year's imports and domestic yarn yarn spreads narrowed, but imports yarn heat remains undiminished. Latest data show that in May 2013, China's imports of cotton yarn 171,700 tons, an increase of 37.41%; exports of cotton yarn 38,700 tons, a decrease of 21.20%, down 15.00%; net imports of 133,000 tons, growth of 15.9% an increase of 67.48%. 2013 January to May, China's total imports of cotton yarn 819,400 tons, an increase of 48.18%.
June 19 to 21, from Zhejiang Harvest Information Information Co., Ltd. (China Textile Information Network) organized by the Shenzhen Guotai China and other units of the 2013 imports of yarn Forum held in Hangzhou, the forum attracted a Chinese cotton textile industry associations, domestic textile enterprises and large traders, agents broad participation of more than 1,000 guests.
Participants generally agreed that the growth of imports of yarn, although an impact on the part of domestic enterprises, but a global perspective, it has become a trend. Global allocation of resources to enhance the value chain and achieve win-win cooperation is the way out.
Changing patterns of imported yarn
Data show that in 2012 China's imports from Pakistan increased by 86.98% pure cotton, pure cotton yarn imports from India increased by 123.63%, from Indonesia, Uzbekistan, Vietnam, pure cotton yarn imports were up 119.84%, 169.09%, 60.58 %. January to April, China's imports of cotton yarn from India taking a step forward to accelerate growth, year on year growth of 140.56 percent, from Indonesia, Malaysia, pure cotton yarn imports were up 153.43 percent and 159.63 percent.
Why is it so pure cotton in India favored? The price advantage is the most obvious reason. India's current Class A 10SOE pure cotton plus clearance and other expenses, are approximately 15,900 yuan / ton, the price difference with the domestic similar yarn is 1400 yuan / ton. According to the Indian TT Limited Managing Director Sanjay K. Jain introduction of cotton in India has great advantages in resources. India is the world's largest cotton acreage, reaching 11.5 million hectares. Annual production of 600 million tons, consumption is about 4.5 million tons, self-sufficient outside there are about 1.5 million tons available for export. Analysis of data shows that since 2008, India's domestic cotton spot prices have been lower than the Chinese spot price of cotton. Since 2011, the spread between the highest close to 12,000 yuan / ton, the current 8000 yuan / ton.
Other hand, the rapid growth of the Indian spinning industry in recent years, with 48 million production capacity, production was 4.8 million tons, and 20% of cotton exports, the world's largest cotton exporter. According to the Indian Textiles Export Promotion Council CEO Siddhartha Rajagopal introduced in India in the spinning sector investment is growing, this year, India's cotton production is expected to grow by 12%. At present, China is India's largest export market of cotton yarn, accounting for 45% share.
Cotton nearly two years, the domestic cotton price of cotton purchasing and storage policies on the formation of "backing", the domestic cotton price is higher than the long-term international cotton prices, the current spread of 4000 yuan / ton. Since quota restrictions, many companies can not purchase international cotton price will be turned to the import of foreign cotton imports international cotton yarn. At present, China's textile enterprises in low-end cotton yarn, cloth needs to take mostly imported.
But with the Chinese cotton imports surge, India, Pakistan cotton prices began to "China", and many varieties of imported yarn price increases, imports and domestic yarn yarn smaller spread, channels, and integration of resources to make the pattern appear imported yarn some changes. Overall, from January to April, China's from India, Indonesia, Malaysia, Thailand and other countries significantly enhance the growth rate of imports of cotton yarn, and from Pakistan, Uzbekistan and other countries marked decline in the growth rate of imports of cotton yarn.
Demand for heating
Diversification of imported resources
Although the last couple of stages yarn imports and domestic yarn spreads narrowed, but was generally agreed that imported yarn outlook remains optimistic. High domestic cotton prices, high labor costs, RMB appreciation, relatively low-cost foreign counterparts products increase in resources, a variety of factors make yarn imports continued growth in demand. Cathay Pacific Textile Co., Ltd., Shenzhen, Chairman Chen Qingfeng expected in the next five to 10 years, China's yarn imports will reach the total market share of 20% to 30%, which means that based on the current imports of yarn will also have 5 ~ 8-fold increase in space.
China Textile Information Network Zheng Shengwei on Chinese imports of yarn supply and demand structure and the main sales area analysis shows that: imported resources increasingly diversified. At present, China mainly imported cotton yarn in pure cotton, accounting for 92.02%. Main specifications for less than imports of cotton yarn 14S, 14S ~ 43S and 52S ~ 80S carded yarn. This year has dropped combed yarn, carded yarn weight continued to increase.
From the trade point of view, the proportion of processing trade continued to decline in 2011, accounting for 46.35%, 31.73% in 2012, from January to April this year, was reduced to 29.78%; proportion of general trade continued to rise in 2011 accounted for 43% in 2012 to 63.5 percent, from January to April this year rose to 66%.
Imported yarn demand is still concentrated in low areas, such as for the production of denim fabrics, knitted fabrics 8S ~ 16S Siro spinning lines. According to its Managing Director Sajjad Mazahir Win Trading Co., Ltd., due to Foshan, Guangdong Zengcheng denim industry cluster siro spinning lines for rapid increase in demand, technology Sirospun spinning mills in Pakistan rapid promotion. At present, Pakistan siro yarn monthly export volume reached 28,000 tons. Its main markets are in Guangdong, Zhejiang, Shandong.
In addition, to diversify sources of imported yarn. In addition to India, Pakistan, the Indonesia, Malaysia and other ASEAN region are favorable for cotton resources.
Accelerate the transformation and upgrading industry
Spinning enterprises on domestic and imported yarn surge brought no small impact. Relevant survey. 35% of enterprises believe that a great impact on their own yarn imports, 29% of companies said influential, 24% of companies said less affected, as well as 12% of companies said they had no effect. It is understood that the main effect subject to import yarn yarn less than 40 varieties of low-count cotton yarn, for example C21S, C32S other conventional varieties of yarn. While in blended yarn and chemical fiber textile enterprises mainly produce high cotton yarn production-oriented enterprises and colored yarn-based enterprises, did not affect imported yarn.
Although there are a few companies want the state has adopted policies to restrict imports of yarn, but a clear understanding of the industry to import yarn is the domestic textile industry structural adjustment needs, while imports of industrial yarn immigration accelerated phase-out of the upgrade process.
At present, high-count yarn, fabric and other high-density areas of high-end products, China still maintain a leading edge, while in the low-end products in the field have not competitive. While India, Pakistan and other countries in recent years significantly improved production levels, while raw material and labor costs have the advantage, just to fill the gap in the field of Chinese to withdraw. The next two years, imports of yarn, cloth massive growth will enter a rapid development stage. Under the impact of imports of yarn in the domestic low-end product manufacturers will experience a reshuffle.