-Overview of national yarn exports

According to China Customs statistics, the national yarn import and export volume from January to March 2014 was 1.593 million tons, a year-on-year increase of 5.9%, and the import and export volume was US$5.1 billion, a year-on-year decrease of 1.3%. Among them, the export quantity was 914,000 tons, an increase of 6.9%; the export value was US$2.85 billion, a decrease of 3.9%; the average export unit price was US$3.1/kg, a year-on-year decrease of 10.1%. The import quantity was 679,000 tons, an increase of 4.6%; the import value was US$2.25 billion, an increase of 2.1%. The average unit price of imports was US$3.3/kg, a year-on-year decrease of 2.3%.
1. The amount of yarn exports dropped slightly in March.
In March, the yarn export volume was 347,000 tons, a year-on-year increase of 5.8%; the export value was US$1.08 billion, a year-on-year decrease of 5.3%. Among them, the export value of chemical fiber yarn was US$640 million, a year-on-year increase of 1.4%; the export value of cotton yarn was US$210 million, a decrease of 19.4%; the export value of wool and animal hair yarn was US$120 million, a decrease of 11.2%.
2. From January to March 2014, exports to ASEAN, the EU and North America increased, while exports to Japan, South Asia and Latin America decreased.
From January to March 2014, the Asian market accounted for 69% of China’s yarn exports, with an export value of US$1.96 billion, a year-on-year decrease of 8%. In the first three months of this year, exports to ASEAN grew steadily, with the export volume reaching 147,000 tons, an increase of 28.6%, and the export value being US$480 million, an increase of 8.2%. Among them, exports to Vietnam increased the most, with exports of US$240 million, an increase of 53.8%; exports to Malaysia and Cambodia both increased to varying degrees, with exports of US$40 million each, an increase of 7.7% and 36.9% respectively. Exports to Indonesia and Myanmar declined, with exports of US$70 million and US$10 million respectively, down 6.5% and 26.4% respectively.
From January to March, China’s yarn exports to Hong Kong were US$460 million, a decrease of 25.5%. Exports to South Asian countries India, Bangladesh and Pakistan all declined, with export amounts of US$120 million, US$200 million and US$120 million respectively, representing year-on-year decreases of 15.2%, 6.4% and 3.1% respectively.
From January to March, China’s yarn exports to Japan were US$130 million, a decrease of 0.6%; exports to North America increased, with an export value of US$130 million, an increase of 16.6%. Exports to the EU and Latin America were US$350 million and US$130 million, an increase of 7.1% and a decrease of 6.3% respectively.
3. The export unit price of silk thread and cotton yarn has increased; the export unit price of wool, animal hair yarn and chemical fiber yarn has declined.
From January to March 2014, the export unit prices of silk thread and cotton yarn increased, reaching US$46.08/kg and US$4.78/kg respectively, an increase of 31.7% and 0.1%; the export unit prices of wool, animal hair yarn and chemical fiber yarn were The prices were US$32.31/kg and US$2.87/kg, down 7.6% and 10% respectively.
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1. Textile industry production data from January to March 2014
According to statistics from the National Bureau of Statistics, the national yarn output from January to March 2014 was 8.37 million tons, a year-on-year increase of 6.3%. Among them, cotton yarn production accounted for 74% of the yarn, cotton blended yarn and chemical fiber yarn accounted for 12% and 14% respectively. Spinning yarn increased by 4.5% year-on-year, and chemical fiber yarn increased by 15.7%; cloth output was 1.509 million meters, an increase of 2.6%, of which cotton cloth output accounted for 55.8%.
2. Cotton price
The price of cotton in China was 19,530 yuan/ton on January 1, 2014. The China Cotton Price Index (CNCOTTON328) was 19,530 yuan/ton, and then continued to decline until it was as low as 19,387 yuan/ton on January 16. Then it began to gradually rise, until March 4, 19471 yuan / ton. Then the price fell back to 17,527 yuan/ton on April 29.