Textile or trapped raw materials shortage Cotton Association research additional import quotas

Author: Xinhua news agency reporter Liyun Lu Wang Some indications that the domestic and foreign cotton production reduction, supply shortages and high prices, may make labor-intensive export textile industry faced with the plight of production and management. About One-third of the total cotton plant area in Xinjiang, cotton production in the last year due to the disaster production of 21.3%, and this year due to rain and snow, hail and other disasters, some of the cotton field losses, the new Year's specific production reduction assessment is underway.　　The country's cotton harvest is expected to be grim.　　In recent days, as commodity market prices have tumbled as a result of the European debt crisis, China's spot cotton prices have hit new highs.　　Analysts pointed out that, as India and other major cotton exporters control exports, the United States, West Africa and Central Asia cotton spot reduced, resulting in a strong global cotton prices, coupled with futures market investors bullish cotton prices, have long, but also promote cotton prices to maintain momentum.　　Zhao Yumin, a researcher at the Ministry of Commerce, said cotton supply and demand relations were strained as a result of global cotton production cuts and the recent apparent recovery in China's textile industry. World Cotton since 2007/2008 of continuous production, the global cotton production from 26.56 million tons down to 22.4 million tons, the cumulative decline of 15.6%.　　The 2010/2011-year situation is also grim. International cotton prices have been on the rise since the end of last year.　　China's cotton price index shows that the price of standard cotton has risen from less than 15000 yuan/ton in February this year to 16638 yuan/ton in May.　　At present, domestic textile enterprises average monthly cotton volume of 885,000 tons, to simian listed in the 4 months before the total 3.54 million tons, which means there are 430,000 tons of gap.　　Cotton futures expert Chorlinson analysis said that the shortage of cotton stock in China's spot market and the reduction of commercial inventories around the country, making cotton prices difficult to fall. The impact of cotton price rise has been transmitted to the textile enterprises.　　Hebei Textile Printing and dyeing group obviously feel difficult to buy cotton, the company's cotton inventory available days from the previous two weeks down to the present 7 days.　　China Textile Industry Association's survey showed that since March this year, as cotton prices continue to rise, some small size, the small amount of enterprises have stopped orders, many loom stop, starting rate is falling.　　In China's largest textile export base in Guangdong, although January-April textile exports rose 11% year-on-year, but the continuous increase in cotton prices has made the export enterprises in the "Customer protection" and "guaranteed profits" between the dilemma. "As raw material prices continue to rise, many textile enterprises are facing greater operating pressure."　　"Guangdong Textile Association secretary General Chen Xi Micro said. Europe and the United States are China's largest export destinations of textile clothing.　　The reduction in demand caused by the European debt crisis and the sharp devaluation of the euro against the renminbi have had a greater impact on Chinese textile companies and are likely to lead to a decline in exports and lower margins. China Cotton Association has issued a warning, should be concerned about the price of cotton products and sales, textile and apparel export situation and the new annual cotton production, according to market changes and textile demand situation, the study continued toAdditional import quotas, while not excluding the use of other regulatory means to stabilize supply and demand.