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    Main Features Of Cotton Imports In China In 1-10

    2008/12/4 0:00:00 47

    According to customs statistics, 1-10 tons of cotton imported in China in the past 1 million 866 thousand months, worth 3 billion 110 million US dollars, decreased by 8.3% and 10.1% respectively over the same period last year. The average price of imports was 1667 US dollars / ton, up 20%.

    In October, it imported 96 thousand tons, valued at $170 million, down by 29.8% and 18.2% respectively.

         

    1. Main characteristics of China's cotton imports in 1-10 months of this year

          (一)主要以一般貿易和保稅區倉儲轉口方式進口。今年1-10月我國以一般貿易方式進口棉花65.1萬噸,下降22.5%;保稅區倉儲轉口方式進口49.4萬噸,增長11.2%。兩者合計占同期我國棉花進口總量的61.4%。

          (二)主要進口自美國、印度和烏茲別克斯坦。今年1-10月我國自美國進口棉花82.6萬噸,下降18.8%;自印度進口57萬噸,增長34.4%;自烏茲別克斯坦進口16.6萬噸,下降15.8%。三者合計占同期我國棉花進口總量的83.7%。

          (三)民營企業進口占據半壁江山。今年1-10月民營企業進口棉花99萬噸,增長1.1%,占同期我國棉花進口總量的53.1%。國有企業進口50.8萬噸,下降18.4%;外商投資企業進口36.9萬噸,下降14.5%。

    With the continuous spread of the financial crisis, the European and American economies have declined to varying degrees, and the international market demand remains low.

    At present, the profit margin of the 2/3 enterprises in China's textile industry is only about 0.6%, and many enterprises are facing the risk of closure, which directly leads to a decline in market demand for cotton.

    This year, China's main cotton producing areas have gained a good harvest. However, due to the rising cost of planting and the shortage of purchasing funds, especially the downstream textile industry, the acquisition of new cotton is very difficult.

    At the same time, domestic cotton prices continued to decline. In October 31st, China's cotton price index was 11746 yuan / ton, down 336 yuan / ton compared with the previous week, and the average price of China's cotton price index in October was 12322 yuan / ton, compared with September, it fell 855 yuan / ton.

    Although the state has introduced a purchasing and storage plan to stabilize prices, the recovery of the cotton market still takes time.

    Editor: vivi

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