-Overview of national yarn exports

According to China Customs statistics, the national yarn import and export volume from January to October 2014 was 5.563 million tons, a year-on-year increase of 4.1%, and the import and export volume was US$17.64 billion, a year-on-year decrease of 2.8%. Among them, the export quantity was 3.346 million tons, an increase of 11%; the export value was US$10.21 billion, an increase of 1.1%; the average export unit price was US$3.05/kg, a year-on-year decrease of 8.9%. The import quantity was 2.217 million tons, a decrease of 4.8%; the import value was US$7.43 billion, a decrease of 7.8%. The average unit price of imports was US$3.35/kg, a year-on-year decrease of 3.2%.
1. The amount of yarn exports increased in October.
In October, the yarn export volume was 327,000 tons, a year-on-year increase of 14.1%; the export value was US$920 million, a year-on-year increase of 5.5%. Among them, the export value of chemical fiber yarn was US$620 million, a year-on-year increase of 10.3%; the export value of cotton yarn was US$130 million, a decrease of 21.6%; the export value of wool, animal hair yarn and silk thread was US$50 million and 190 million respectively, a decrease of 1.1% respectively. and rose 1.1%.
2. From January to October 2014, exports to ASEAN, the EU, North America and Latin America all increased, while exports to Japan declined.
From January to October 2014, the Asian market accounted for 67.9% of China’s yarn exports, with an export value of US$6.92 billion, a year-on-year decrease of 3.1%. In the first 10 months of this year, exports to ASEAN remained relatively stable, with the export volume reaching 504,000 tons, an increase of 24.4%, and the export value being US$1.62 billion, an increase of 12%. Among them, exports to Cambodia had the largest increase, with exports of US$120 million, an increase of 25.8%; exports to Malaysia, Indonesia and Vietnam all increased to varying degrees, with exports of US$120 million, 250 million and 770 million US dollars respectively, an increase of 1.2%. , 12.6% and 25.6%. Exports to Myanmar declined, with exports reaching US$50 million, down 20.3%.
From January to October, China’s yarn exports to Hong Kong were US$1.54 billion, a decrease of 22.6%. Exports to Bangladesh and India both declined slightly, with export amounts of US$650 million and US$510 million respectively, representing year-on-year decreases of 2.1% and 1.2% respectively. Exports to Pakistan increased, with export value reaching US$460 million, an increase of 1.6%.
From January to October, China’s yarn exports to Japan were US$340 million, a decrease of 0.3%; exports to North America, the European Union and Latin America all increased, with export amounts of US$500 million, US$1.2 billion and US$600 million respectively, an increase of 22.7% and 22.7% respectively. 9.3% and 11.5%.
3. The export price of yarn has declined.
From January to October 2014, the export price of yarn was US$3.05/kg, a year-on-year decrease of 8.9%. The export prices of yarn to Asian, European Union and Latin American markets were US$3.49/kg, US$2.88/kg and US$2.27/kg respectively, down 8.7%, 2.6% and 10% year-on-year. The export unit price of silk threads increased, reaching 42.21 US dollars/kg, an increase of 15.1%; the export unit prices of cotton yarn, wool animal hair yarn and chemical fiber yarn were 4.8 US dollars/kg, 31.78 US dollars/kg and 2.82 US dollars/kg, which decreased respectively. 2%, 7.1% and 8.2%.
4. Related links:
1. Textile industry production data from January to October 2014
According to statistics from the National Bureau of Statistics, from January to October 2014, the national yarn output was 31.795 million tons, a year-on-year increase of 7.2%; the chemical fiber output was 4.719 million tons, a year-on-year increase of 13%; the cloth output was 5.779 million tons, an increase of 13%.
2. Cotton price
China’s cotton price index (CNCOTTON328) was 19,530 yuan/ton on January 1, 2014, and then fell back to as low as 19,387 yuan/ton on January 16. It then recovered slightly. Since then, the price has been in a steady downward trend until November 26, when it reached 14,483 yuan/ton.