Status quo of spinning mills in US & market status of US cotton yarn in China
2015-06-12
XueFei, Business Manager Asia from Frontier, delivers his speech of
Status quo of spinning mills in US & market status of US cotton yarn in China
The speech mainly includes 4 parts:
First, Mr. Xue introduces the overview of spinning industry & textile enterprises in U.S. America textile enterprises mainly produce fibers and yarns, and the industry is valued 8 billion USD. Cotton yarn is valued about 2 billion USD in U.S. Yarn output approaches about 600kt/year. U.S. yarn is mainly spun by open-end, with less by air-jet, which is different from China. About 20% ring-spun yarn is sold to Central and South America.
Second, Advantages of U.S. cotton yarn in global market. Mr.Xue analysis U.S. cotton yarn advantages from feedstock, cost, quality and service four aspects. Besides, he also mentions the disadvantages from high prices, single variety, long distance and market fluctuations.
Third, Xue talks about the Sino-US cooperation in spinning sector and forecast. China as the biggest users of US cotton, imported nearly 48% of US cotton and this number is still increasing. Thus US spinners want to explore Chinese market. In addition, Mr.Xue thinks Chinese demand on high-end cotton yarn may grow further and that鈥檚 why China need U.S. cotton yarn.
At last, he introduces Frontier briefly from its plants, products, equipment and innovation.
Status quo of spinning mills in US & market status of US cotton yarn in China
The speech mainly includes 4 parts:
First, Mr. Xue introduces the overview of spinning industry & textile enterprises in U.S. America textile enterprises mainly produce fibers and yarns, and the industry is valued 8 billion USD. Cotton yarn is valued about 2 billion USD in U.S. Yarn output approaches about 600kt/year. U.S. yarn is mainly spun by open-end, with less by air-jet, which is different from China. About 20% ring-spun yarn is sold to Central and South America.
Second, Advantages of U.S. cotton yarn in global market. Mr.Xue analysis U.S. cotton yarn advantages from feedstock, cost, quality and service four aspects. Besides, he also mentions the disadvantages from high prices, single variety, long distance and market fluctuations.
Third, Xue talks about the Sino-US cooperation in spinning sector and forecast. China as the biggest users of US cotton, imported nearly 48% of US cotton and this number is still increasing. Thus US spinners want to explore Chinese market. In addition, Mr.Xue thinks Chinese demand on high-end cotton yarn may grow further and that鈥檚 why China need U.S. cotton yarn.
At last, he introduces Frontier briefly from its plants, products, equipment and innovation.