Last year, Jiangsu ports imported a total of 2,555 batches of cotton, with a total of 759,700 tons, a total value of US$1.572 billion, and a total external claim amount of US$25.791 million. Compared with the same period last year, Jiangsu’s cotton import volume dropped significantly in 2014, with batches falling by 21.26%, weight falling by 29.33%, and value falling by 25.66%.
Cotton imports at Jiangsu ports are mainly Indian cotton and American cotton, accounting for 59.48% of imports. The cotton quality grade and length compliance rate decreased, and the micronaire and strength improved. The textile industry in Jiangsu is in a “shifting adjustment period”. The prosperity index of the upstream market (raw materials) has declined rapidly, the prosperity index of midstream fabrics has fluctuated and adjusted, and the prosperity index of downstream clothing and bedding has always been sluggish. In order to cope with the market situation, textile enterprises have strictly implemented internal management. , tap the potential for transformation and upgrading, selectively use alternative raw materials, and reduce the use of cotton.
