Enterprises in 2014
Market share of Vietnamese cotton yarn in China hiked to around 20% in 2014.
Import of cotton yarn in 2014 amounted to 2.01 million tons, down 4.19% y-o-y.
Production of cotton grey fabric in 2014 totaled around 38.814 billion meters, down 7.79% y-o-y.
Selling rare of RMB exchange rate appreciated by 2.78% in 2014 while depreciated by 3.148% in the first 40 days of 2015…
The whole market was in a pickle in 2014, some participants were eliminated and some achieved growth. Does 2015 possess new challenges and opportunities?
Imported cotton yarn arouses much attention again when cotton import quota tightens and cotton yarn futures is to be launched. The ability to grasp overall situation encounters challenges again with profounder cotton marketization, narrower price spread between domestic and international cotton price and tougher-obtained profit of imported cotton yarn. How enterprises can keep profit not being diminished by the losses of exchange rate with depreciating RMB exchange rate and indistinct textile and apparel export stimulus? What change do patterns of imported cotton yarn and domestic weaving industry witness after experiencing three-year volatile status, and how to cope with? How to effectively take advantage of quality resource on yarn and grey fabric market and achieve win-win situation?
Zhejiang Huarui Information Consulting Co, Ltd. (CCFGroup) will hold 2015 Imported Yarn & Grey Fabric Forum during June 11-12, 2015 in Hangzhou. Economic and currency experts, overseas suppliers, domestic senior import and export traders as well as successful weaving, printing and dyeing enterprises will have deep-in analysis on current hot topics. We are looking forward to meeting you in Hangzhou!
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- 06-11Opening remarks