Opportunity and challenge coexists on imported cotton yarn market under new pattern
2015-06-12
Zheng delivers his report from four aspects.
Firstly, New balance on cotton yarn market in China. Cotton yarn output hit the peak in 2010 and then decreased year by year. Zheng showed the changes of yarn output, structure (non-cotton tendency) and import volume increased sharply in 2015.
Secondly, Deeper analysis on imported cotton yarn market. Zheng showed the changes of yarn industry in China and abroad and answered the questions such as Where does imported yarn come from? How does the import volume evlove? Which product do they supply? Who are the buyers? and Zheng describes the cotton yarn consumption situation in China.
Thirdly, Operation status of imported cotton yarn in H1 2015. Both RMB prices and USD prices are declining and trades were thin. Imported yarn traders saw thin profits or even deficits and imported yarn was in oversupply. Demand recovered slightly in Q2 and operating status is different in different countries.
Fourthly, Market pattern change and outlook. Zheng points out that imported yarn volume will stay high as labor cost, investment in bonded area and abroad are increasing.