Cotton yarn supply-demand pattern and opportunities for sales globalization
——Zheng Shengwei, information manager of CCFGroup
2018-06-22 12:03:32
Zheng Shengwei, information manager of CCFGroup, delivers his report of Cotton yarn supply-demand pattern and opportunities for sales globalization
Mr. Zheng states his report from four aspects.
Firstly, cotton yarn industry operation and supply/demand relations. Both cotton and cotton yarn futures market saw higher prices and more brisk trading from mid-May to early Jun. Meanwhile, cotton, cotton yarn and cotton fabric prices increase was mixed. In mid-Jun, market turned weak and sales slowed down. He also shows the China cotton yarn output, import and consumption.
Secondly, cotton yarn competitiveness analysis and opportunity exploration. Viewed from the 2017 global cotton yarn trade flow, China imported the most, and India, Vietnam, Pakistan and U.S. are net exporters. China cotton yarn import variety is relatively stable.
Thirdly, spinning capacity development status and pattern. China has the largest spinning capacity in the world, but the proportion of fibers for spinning differs much from other markets. Cotton yarn proportion has been constantly decreasing.
Fourthly, trends and suggestions. For traders and weavers, there is no need to worry about the higher imported cotton yarn prices than domestic yarn, to operate cotton yarn futures cautiously and avoid risks. For spinners, they can use competitive reserved cotton and combine with the "going-out" strategy.
Mr. Zheng states his report from four aspects.
Firstly, cotton yarn industry operation and supply/demand relations. Both cotton and cotton yarn futures market saw higher prices and more brisk trading from mid-May to early Jun. Meanwhile, cotton, cotton yarn and cotton fabric prices increase was mixed. In mid-Jun, market turned weak and sales slowed down. He also shows the China cotton yarn output, import and consumption.
Secondly, cotton yarn competitiveness analysis and opportunity exploration. Viewed from the 2017 global cotton yarn trade flow, China imported the most, and India, Vietnam, Pakistan and U.S. are net exporters. China cotton yarn import variety is relatively stable.
Thirdly, spinning capacity development status and pattern. China has the largest spinning capacity in the world, but the proportion of fibers for spinning differs much from other markets. Cotton yarn proportion has been constantly decreasing.
Fourthly, trends and suggestions. For traders and weavers, there is no need to worry about the higher imported cotton yarn prices than domestic yarn, to operate cotton yarn futures cautiously and avoid risks. For spinners, they can use competitive reserved cotton and combine with the "going-out" strategy.
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