International Market Affects Cotton Yarn Export Orders: Us Up Europe Down

Affected by the sluggish international market demand, cotton yarn export in China has dropped sharply this year. Cotton yarn export enterprises generally indicate that export orders are decreasing and export business is difficult to do.

"From the export situation of cotton yarn this year, the export orders of our enterprises have been greatly reduced, and the export situation is very grim. In the past, large orders were much less, compared with the same period last year, the profits of enterprises dropped a lot."

Ningbo, a cotton yarn export enterprise responsible person sighed.

According to statistics from the General Administration of Customs of China, the amount of yarn exports in 2015 1~3 was 2 billion 700 million US dollars, down 5.2%.

The head of the China Textiles Import and Export Chamber of Commerce said that the number of yarn exports in China in March was 318 thousand tons, down 8.3% from the same period last year, and the export amount was 870 million US dollars, down 19.7% from the same period last year.

The export of silk yarn was the most obvious, with an export value of US $9 million 435 thousand, a year-on-year decrease of 52.9%. The export amount of cotton yarn, wool animal yarn and chemical fiber yarn were 150 million, 100 million and 530 million US dollars, respectively, which decreased by 27.9%, 21% and 16.8% respectively.

"Orders for exports to Europe have been significantly reduced, and the number of cotton yarn exports has declined since the beginning of this year due to the decline in European market demand.

At the same time, the ASEAN region

Exports are also not ideal. "

Shandong province Yishui county a yarn export enterprises responsible person said.

According to the data provided by the China Textile Import and export chamber, Asian markets accounted for 68.5% of China's yarn exports in 2014 1~3, and exports amounted to US $1 billion 850 million, down 5.9% from the same period last year.

In the first 3 months of this year, China's exports to ASEAN declined, the export volume was 147 thousand tons, 0.4%, and the export amount was 430 million US dollars, down 9.5%.

Among them, the largest increase in exports to Burma was 20 million US dollars, an increase of 27%.

And Kampuchea's exports increased to varying degrees, with exports of 70 million and 50 million US dollars, respectively, increasing by 2% and 13.2% respectively, while exports to Vietnam and Malaysia declined by 190 million and 30 million US dollars, respectively, by 22.7% and 21.8% respectively.

At the same time, mainland China yarn exports to Hongkong for 390 million US dollars in 1~3 months, down 15.3%; exports to India, Bangladesh and Pakistan of South Asian countries have increased, with export volume of 130 million, 210 million and 130 million US dollars, respectively, up 1%, 2.1% and 3.6% respectively.

In addition, 1~3 exported US $90 million to Japanese yarn in the month of 1~3, down by 2.5%.

Exports increased by $160 million, an increase of 18.7%; exports to the EU and Latin America amounted to 270 million and $150 million, respectively, with a decrease of 21.7% and an increase of 13.3%.

Reporters learned that since the beginning of this year, the unit price of cotton yarn export has increased, and the unit price of silk, wool animal yarn and chemical fiber yarn has declined.

The head of the China Textiles Import and Export Chamber of Commerce said that in 2014 1~3, the unit price of cotton yarn export in China has increased by 4.83 US dollars / kg, an increase of 1.1%; the export price of silk yarn, wool animal yarn and chemical fiber yarn is 41.17 US dollars / kg, 30.07 us dollars / kg and 2.58 US dollars / kg respectively, down 10.7%, 7% and 10.1% respectively.