China'S Cotton Imports Have Increased Substantially, And Cotton Prices Have Risen Steadily.

< p > recently, the economic and situation analysis of cotton and textile industry released by the national development and Reform Commission in January showed that China's cotton imports increased substantially, with an increase of 40.1%, while cotton prices rose steadily.

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< p > it is reported that the a href= "http://http//sjfzxm.com/news/index_f.asp" > cotton < /a > storage and storage work in March is coming to an end, and the cotton purchase and storage plan for the new year is expected to be launched in the near future.

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Sun Liwu, an information cotton analyst at commodity information portals, said that because of the decrease in cotton planting area this year, there may be shortages in supply. Meanwhile, with the changing economic environment, cotton demand will show a mild recovery trend. P

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< p > according to the statistical communique on economic and social development released in 2012 by the Bureau of statistics, in 2012, China's cotton planting area was 4 million 700 thousand hectares, which decreased by 340 thousand hectares compared with the previous year. This situation is expected to deteriorate further in 2013.

It has been reported that the cotton planting area in Shandong, Anhui and Jiangsu in 2013 is expected to decrease by around 10%.

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< p > according to the analysis data of cotton and < a href= "http://http//www.sjfzxm.com/" > textile > /a > economic situation released by the NDRC, in January, the market price of cotton in China rose steadily, and the average purchase price of cotton seed in the mainland was 8.4 yuan / kg, up 0.02 yuan / kg, or 0.04%.

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< p > it is understood that not only the spot market, the cotton futures market also ushered in a larger increase.

Zhengzhou cotton futures rose 245 yuan / ton compared with January, or 1.2%; the national cotton trading market electronic matching pactions in March the average contract price of 19495 yuan / ton, up 15 yuan / ton, or 0.1%.

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< p > according to statistics of the General Administration of customs, China imported 457 thousand tons of cotton in January, an increase of 131 thousand tons compared with the same period last year, an increase of 40.1%.

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< p > according to the plan for temporary storage and storage of cotton released in 2012 last year, the temporary storage and purchase of cotton from 2012 to 2013 will end in March 31st.

According to the announcement of last month's sales announcement of China's cotton reserve management company, the sale of the national reserve cotton will also end in March 31st.

In other words, in order to meet the demand of < a href= "http://http//cailiao.sjfzxm.com/matertial/show/default.aspx > textile raw material < /a >, the state launched a new round of reserve cotton throwing and storing work in January 14th this year. The price of grade 3 cotton is 19 thousand yuan / ton, and the output cotton is mainly cotton in 2011 and before.

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< p > "for the current cotton market, in addition to storage and storage, relatively immediate policy is not yet available. In the case of the end of the future purchase and storage policy, the sale of reserve cotton is probably not yet over, and there may be a situation of continued dumping."

Sun Liwu analysis shows.

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< p > the main reason for the continued increase in cotton imports in January this year is that the difference between domestic and foreign cotton prices is still relatively large, and has been maintained at about 5000 yuan / ton in recent years, stimulating the import market to buy large quantities.

At the same time, the relevant personages revealed that during the recent period, 40% of the total tariff and customs clearance cotton imports surged.

According to customs statistics, China imported 5 million 137 thousand tons of cotton in 2012, an increase of 52.7% over the same period last year. The difference in price between domestic and foreign countries led to a significant increase in total tariff import quota, reaching 326 thousand tons in the whole year, up 2.6 times compared with the same period last year.

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