Import volume of cotton yarn in 2013 broke through 2 million tons, up by 37.47% y-o-y and up 132.34% compared with 2011. India overtook Pakistan to be the largest supplier, with market share rising to 30%, while proportion of Pakistan slipped 8% to 29%. Pakistan no longer outshined other nations and current market was largely shared by India, Pakistan and Vietnam. Meanwhile, new import origins aroused great attention. Import volume from U.S., Thailand and Indonesian cotton yarn gained 117.11%, 115.42% and 85.72% y-o-y respectively. However, surging import volume also caused greater challenge. Chinese traders faced weak bargaining power in procurement and fierce domestic competition. Vicious circulation emerged under unbalanced value distribution. Dishonor and refusal of delivery appeared frequently. Voice of cleansing trading environment was intensifying.

China is supposed to halt cotton reserve policy in 2014, and replace it by trying other policies like direct subsidy to cotton growers. Under such circumstance, how to digest numerous state reserved cotton? How to balance the global cotton glut? Whether soaring imported yarn which results from large price spread between China and international cotton can continue and what is the impetus? What change may appear in view of imported yarn trade pattern and which nation will enjoy greater incremental potential? The value distributions in imported yarn industrial chain will how to fare, and who is the final winner? Will destinations for imported yarn change and which market may possess profitability and growth potential?

Zhejiang Huarui Information Consulting Co, Ltd. (CCFGroup) will hold 2014 Imported Yarn Forum during June 11-13, 2014 in Hangzhou. Overseas suppliers, domestic senior import and export trade experts as well as successful enterprises will have deep-in analysis on current hot topics. We are looking forward to meeting you in Hangzhou!