Review - India cotton textile market Textile information - Textile net - Textile integrated service provider

2017/18 American agriculture counsellor's latest report, the annual production of cotton in India is expected to be 609. 60000 tons, the plant covers an area of 1. Yield of 6. 5 billion mu, is expected to lower than last year, but higher than average. India's domestic cotton consumption is expected to reduce. Although the cotton yarn exports in December 2016 and nearly 10 years the highest, but can't change cotton yarn demand by the fact that since the monetary policy. India's exports and imports are expected to 980000 tons and 32 respectively. 60000 tons. Seed cotton prices rose 18% in 2016/17, India, and other poor crop yields, even if the government is encouraging legume crops, farmers still tend to grow cotton. If normal monsoon rains this year, is expected to cotton yield is 36. 9 kg/mu, slightly lower than this year's 37. 3 kg, but higher than 35. Almost three average 6 kg. In 2017/18, India cotton consumption is expected to be 511. 70000 tons. Because of domestic cotton supply is adequate, India cotton and cotton yarn prices for next year is expected to remain competitive, textiles and improved compared to previous years, the textile production continued to expand, but under the influence of monetary policy was, textile workers return to their hometown in southern India, leading to nearly 20% plant shutdown. Overall, this year China's import quantity for Indian cotton remained high, India cotton cloth and finished products ( Blankets, sheets, fabric, etc. ) Falling exports. 2017/18 annual report predicts that India's cotton consumption of 410000 tons, 40 more this year. A slight increase of 30000 tons. In recent years, many small mills, on India's new product has both cotton and blended, the whole India textile mill proportion is as high as 70% cotton, chemical fiber is 30%. However, due to cotton prices is not stable, weak demand, the price is low, chemical India textile production will be more toward blending and using cotton waste. Since October 2016, India's domestic cotton prices fell by 3%, but Scott Luke A index rose 12%, making India cotton factory price and international cotton prices were little changed. However, the recent Indian plant outside importing cotton, mainly is the cotton and cotton, the reason is less impurity, good spinnability and the poor quality of the crop in China. The Indian rupee against the dollar rose sharply greatly affect the Indian exports and export competitiveness of India's cotton. The rest this year, India's cotton export demand will remain weak. Since November 2016, the Indian weakening domestic demand for cotton yarn, textile mills began to export cotton yarn, cotton yarn mainly for export to China, now India, Bangladesh and Pakistan. In December 2016, India's cotton yarn exports reached 17. 30000 tons, 60% of export to China. 2017/18, India cotton exports is expected to be 980000 tons, the demand in China, India, producers and exporters have started to Indonesia, Taiwan, China, Turkey and other markets such as Thailand, but the Internet is still in Pakistan and Bangladesh. China accounts for the proportion of Indian cotton exports has decreased from 2011 year of nearly 80% in 2015 to 10%, while the proportion of Pakistan and Bangladesh increased from 14% to more than 70%. Have, according to the analysis of the future China's cotton import for India increased, and the cotton imports will reduce. , according to the Indian textile commissioner's office in August 2016 to January 2017, the Indian cotton inventories for 2011/12 year, the lowest since the government's monetary policies to the impact of large and medium-sized textile factory, the factory is difficult to sell cotton yarn inventory, cotton to replenish stock, this has already been forced to cut ways to handle more difficulties for factory inventories problem. Recently, the Indian factory for signs of renewed inventory, but the current inventory level is still lower than the five-year average around 13%, and with the increase of cotton yarn export demand, last August to December, India cotton yarn inventory increased significantly compared to the same. Another, according to India's cotton company listed the progress of the crop in India as of the end of march has reached 78%, total more than 4. 5 million tons. So far, India has not yet by the MSP cotton purchase price, but have the market purchasing the 1. 70000 tons of the crop, arranged the purchase of 24 - the market price 330000 tons, in order to support domestic production of small textile mill.