India'S Exports Of Cotton Yarn To China Decreased Compared To The Same Period Last Year.

According to statistics, India's exports of cotton yarn to China decreased by 35% in December compared with the same period last year, but the total export volume of cotton yarn decreased by 16.2% compared to the same period last year, because the export of Bangladesh's cotton yarn increased by 29% over the same period last year.

The main reason for the decline in China's demand is the double pressure from the surge in exports of high-end products and the export of low-end products in Pakistan.

Last week, yarn prices rose sharply in India, including pure cotton yarn.

It rose 11 cents, the FOB price was 2.63 dollars / kg, the price of polyester cotton yarn rose 7 cents, and the FOB price was 2.5 dollars / kg.

India

The main reason for the rise in prices is the decline in global cotton production, especially the decline in cotton production in Pakistan, which has raised the demand for India cotton. Cotton prices are high in support of India cotton yarn.

The further rise in prices will result in weak demand for India cotton yarn in the international market.

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As of November 2015, China's domestic chemical fiber output was 44 million 220 thousand tons, exceeding the annual output in 2014, up by 19.8% and a total increase of 12.7%.

During the period of 12th Five-Year, the average annual growth rate of chemical fiber production was 9.2%, but the output of chemical fiber in China actually increased faster than expected. At the end of 2014, the expected growth target was achieved.

The industry believes that although the chemical fiber industry has completed the "12th Five-Year" planning target in terms of quantity, the structure of supply and demand still does not match. The rapid growth of volume and the growth of terminal demand can not be properly integrated, so the industry in the future still needs structural adjustment.

"China's chemical fiber industry" 12th Five-Year "planning goal has been completed ahead of schedule, especially in terms of volume growth indicators in advance of over two years to complete."

Liu Yang, an information analyst at JOYOU, said that as of November 2015, China's domestic chemical fiber production has reached 44 million 220 thousand tons, exceeding the annual output in 2014, an increase of 19.8% over the same period, and a cumulative increase of 12.7%.

In 12th Five-Year, during the planning period, the average annual growth rate of chemical fiber production was 9.2%, but the output of chemical fiber in China actually increased faster than expected. At the end of 2014, the expected target of output growth was achieved.

The goal of structural optimization target adjustment "13th Five-Year plan" is to raise the differential rate of products to 65%, the effective capacity of high-performance fibers to reach 260 thousand tons, and the proportion of new products in the whole industry from 20% to 28%, and the bio base effective production capacity to 1 million 60 thousand tons.

From the above point of view, the new direction for the chemical fiber industry can be summarized as green, high performance and differential.

Under the premise of the volume increase target, the next five years' main goal of the chemical fiber industry is a qualitative leap. Therefore, at present, China should speed up the elimination of backward production capacity and expand the share of diversified and differentiated fibers with more competitive advantages.

Adjusting the industry growth target "13th Five-Year plan", the goal of the chemical fiber industry is to reach 55 million tons.

Compared with the output of 43 million 900 thousand tons in 2014, the growth rate of chemical fiber production will gradually decrease in the next five years plan, and it is expected to remain at the level of 3.6% annual growth.

Liu Yang said that the completion of this goal is relatively easy for the high growth chemical fiber industry during the "12th Five-Year" period.

In addition, in 13th Five-Year, the planned target of chemical fiber processing volume was set at 51 million 300 thousand tons, with an average annual growth rate of 3.4%. The planned proportion of chemical fiber accounts for 85% of the total textile fiber processing in 2020.

Judging from the growth target set by the "13th Five-Year plan" for the chemical fiber industry, there will not be too many incremental releases in the next five years, so the growth of volume will not be the main theme of the future of the chemical fiber industry.