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Domestic Cotton Production And Demand Gap Will Reach 4 Million 400 Thousand Tons In 2010/11.

2010/11/3 13:19:00 46

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September China

Textile industry

Internal and external sales continued to be vigorous.

consumer goods

The total retail sales amounted to 13537 billion yuan, an increase of 18.8% over the previous year, an increase of 0.4 percentage points over that of August, of which the retail sales of clothing shoes and hats and needles and textiles were 45 billion 900 million yuan, which increased by 6 billion yuan compared with August, an increase of 26.7% over the previous year, an increase of 1.2% over August.

Customs statistics show that in September, China's textile and clothing exports were 20 billion 15 million US dollars, an increase of 19.5% over the same period last year, a decrease of 0.6% compared to the same period, of which the export volume of fabrics and their products in September was 6 billion 814 million US dollars, up 20.2% from the same period last year, and the growth rate was 2%.

Since the release of cotton exports in India, as of 29 days, India has approved export of about 4 million 400 thousand bales of cotton exports. The largest export quantity that India has announced this year is 5 million 500 thousand bales, with a weight of 170 kilos per pack.

But in recent years, India will reassess cotton export quota in December when it is under pressure to cancel cotton export restrictions at home and abroad.

In September 2009, China's cotton import volume was 200 thousand and 800 tons, a decrease of 16.37%, an increase of 96.86% over the same period last year, and a total of 2 million 165 thousand tons of cotton imports in 1-9 months, an increase of 100.73% over the same period last year.

2010/11 (started in August) accumulatively imported 440 thousand and 900 tons, an increase of 108.31% over the previous year.

2009/10 crop year domestic cotton gap actual production gap 4 million 190 thousand tons, but the actual

Import quantity

Less, domestic cotton consumption is more, domestic cotton inventory has dropped significantly, cotton production demand gap in 2010/11 will reach 4 million 400 thousand tons.

According to the estimated 7 million 40 thousand tons of cotton production in the country (August forecast of the national cotton market monitoring system), as of October 29th, the total acquisition of 3 million 244 thousand tons of lint by the whole country decreased by 836 thousand tons compared with the same period in October 29th, a decrease of 439 thousand tons compared with the previous three years, and the processing of 1 million 561 thousand tons of lint, a decrease of 178 thousand tons compared with the same period last year, a decrease of 249 thousand tons over the past three years.