China'S Imports Of Cotton Yarn Increased By 22.4%. The Focus Of Future Consumption Will Shift To High-End And High-End Sectors.

Data show that according to Chinese customs statistics, in 1-7 months of this year, China's yarn imports amounted to $5 billion 450 million, an increase of 3.5% compared with the same period last year, of which cotton yarn imports were the main and import amount was 3 billion 900 million US dollars, an increase of 7.7% over the same period last year, accounting for 26% of the total textile and clothing imports nationwide.

In the presence of

Under the overall depression environment, China's cotton yarn imports heat remains undiminished.

1-7 months cotton yarn imports 1 million 400 thousand tons, an increase of 22.4%.

Contributing analyst, Shanghai International

Wang Qianjin, director of the information center of the trading center, pointed out to reporters that it is easy to find out the structure of imported yarn when Chinese yarn structure is made of all cotton yarn, blended yarn and purified yarn. Cotton and cotton are all cotton yarn and blended yarn.

The total number of cotton yarn used in cotton consumption in 2014 was about 5 million tons, and it was about 2 million tons for blended yarn.

Imported yarn mainly replace the whole cotton yarn market.

The whole cotton yarn is combed and combed. 35% of the 4 million 700 thousand tons of cotton yarn is combed yarn, and the impact may be smaller in 3-5 years. The low count yarn is more impacted by the imported yarn.

The impact increment of imported yarn is about 1 million tons in 2-3 years.

Wang told reporters that in the long run, China

From the perspective of scale, low growth or even negative growth will become the norm, and the number will show a gradual decline. From the structural point of view, the middle and low end market will gradually be replaced by imported yarn. With the upgrading of consumption, the focus of domestic cotton yarn consumption will gradually move towards the middle.

The product structure of domestic spinning enterprises will be adjusted accordingly.

We should be conscious of the capacity stage and structural overcapacity.