Affected by the sluggish demand in the international market, my country’s cotton yarn exports have dropped significantly since the beginning of this year. Cotton yarn export companies generally stated that export orders have decreased and it is difficult for companies to do export business. “Judging from the export situation of cotton yarn this year, our company’s export orders have shrunk significantly. The export situation is very severe. In the past, large orders have been much less. Compared with the same period last year, corporate profits have dropped a lot.” A cotton yarn merchant in Ningbo The person in charge of the export company sighed. According to statistics from the General Administration of Customs of China, the national yarn export value from January to March 2015 was US$2.7 billion, a decrease of 5.2%.
The relevant person in charge of the China Chamber of Commerce for Import and Export of Textiles stated that my country’s yarn export volume in March was 318,000 tons, a year-on-year decrease of 8.3%; the export value was US$870 million, a year-on-year decrease of 19.7%. Among them, silk thread exports declined most significantly, with an export value of US$9.435 million, a year-on-year decrease of 52.9%; the export values of cotton yarn, wool animal hair yarn and chemical fiber yarn were US$150 million, 100 million and 530 million US dollars respectively, a decrease of 27.9% and 21% respectively. % and 16.8%. “Orders exported to Europe have significantly decreased. Due to the decline in European market demand, the number of cotton yarn exports has also declined this year. At the same time, the export situation of cotton yarn in the ASEAN region is not ideal.” A yarn company in Yishui County, Shandong Province The person in charge of the export company said.
According to data provided by the China Chamber of Commerce for Import and Export of Textile Products, from January to March 2014, the Asian market accounted for 68.5% of my country’s yarn exports, with an export value of US$1.85 billion, a year-on-year decrease of 5.9%. In the first three months of this year, my country’s exports to ASEAN declined. The export volume was 147,000 tons, a decrease of 0.4%; the export value was US$430 million, a decrease of 9.5%. Among them, exports to Myanmar increased the most, with exports of US$20 million, an increase of 27%; exports to Indonesia and Cambodia increased to varying degrees, with exports of US$70 million and US$50 million respectively, an increase of 2% and 13.2%; while exports to Indonesia and Cambodia increased by 2% and 13.2% respectively. Vietnam and Malaysia’s exports declined, with exports of US$190 million and US$30 million respectively, down 22.7% and 21.8% respectively.
At the same time, mainland China’s yarn exports to Hong Kong from January to March were US$390 million, a decrease of 15.3%; exports to South Asian countries India, Bangladesh and Pakistan all increased, with export amounts of US$130 million and US$210 million respectively. and US$130 million, with year-on-year increases of 1%, 2.1% and 3.6% respectively.
In addition, from January to March, my country’s yarn exports to Japan were US$90 million, a decrease of 2.5%; exports to North America increased, with an export value of US$160 million, an increase of 18.7%; exports to the EU and Latin America were US$270 million and 150 million US dollars, a decrease of 21.7% and an increase of 13.3% respectively.
The reporter learned that since this year, the export unit price of my country’s cotton yarn has increased, while the export unit price of silk thread, wool animal hair yarn and chemical fiber yarn has declined.
The relevant person in charge of the China Chamber of Commerce for Import and Export of Textiles stated that from January to March 2014, my country’s cotton yarn export unit price increased, reaching 4.83 US dollars/kg, an increase of 1.1%; silk thread, wool animal hair yarn and chemical fiber yarn The export unit prices were US$41.17/kg, US$30.07/kg and US$2.58/kg, down 10.7%, 7% and 10.1% respectively.
