The time and space role change between domestic yarn and imported yarn

The old saying is 'Hedong in ten years and Hexi in ten years'. With the further decline of domestic cotton prices, imported yarns have gradually lost their former glory, and the situation of passive beating in the past few years has also completely changed. The so-called feng shui turns, look at the stock of imported yarn at the port to know how confident the domestic yarn is. The reserve cotton was officially released on March 6, 2017. It has been 5 weeks since the supply of domestic commodity cotton is sufficient, and the turnover rate of reserve cotton has not maintained a high level. Although the spot market price is relatively strong, it is affected by domestic and foreign factors. As a result, the reserve price of cotton rounds continued to decline, and this week the reserve price of rounds dropped to 15,381 yuan/ton. According to the March monthly report issued by the National Cotton Market Monitoring System, as of March 31, 2017, the national cotton price B index was 15,935 yuan/ton, the international cotton index (M) was 15,413 yuan/ton, and the Indian cotton price was 15,130 Yuan/ton, Pakistan cotton is 13906 Yuan/ton. Judging from the above prices, the price difference between domestic and foreign cotton has been further reduced, which has won market space for domestic yarns.　　According to statistics released by China Customs, from January to December 2016, my country imported a total of 1,972,100 tons of cotton yarn; cumulatively exported 349,400 tons, an increase of 3.70% year-on-year. In 2015, my country imported a total of 2,345,200 tons of cotton yarn, which shows that the advantages of domestic yarns are gradually increasing, and the number of imported yarns is declining. The March monthly report shows that as of March 31, the price of 32 carded cotton yarns in China was RMB 23,780/ton, the price of 32 carded cotton yarns in India was RMB 25,333/ton, and the price of carded cotton yarns in Vietnam was 23928. Yuan/ton, the price of 32 carded cotton yarns in Indonesia is 23,847 Yuan/ton. It can be seen that under the condition of not much difference in cotton price and cost, China's textile efficiency advantage is highlighted, especially compared with Indian cotton yarn, the price is about 1,500 yuan/ton less, and the price difference with Vietnam's yarn is also more than 100 yuan/ton. Both of these countries are major cotton yarn exporters to China.　　 It is reported that my country’s cotton yarn market has long been impacted by Pakistan’s low count yarns and Vietnam, India, Indonesia and other medium and high count yarns. In 2016, my country imported 416,000 tons of Indian cotton yarn, a drop of 40.8% from the same period of the previous year. From January to December 2016, 625,000 tons of Vietnamese yarn were imported, and the total imports of the two reached 1.041 million tons, accounting for half of the country. Nowadays, the price of cotton yarn in these two countries is higher than that in China. Coupled with the technical and quality advantages of domestic yarn, if this trend continues to develop, imported yarn will face tremendous pressure. Taking 32 cotton yarn as an example, according to the cotton ratio of 1:1.05, if cotton yarn imports can be reduced by half in 2017, domestic cotton will increase by more than 500,000 tons, which is almost equivalent to one month's domestic imports. After experiencing the pain of the high price difference between domestic and foreign cotton production, the domestic cotton yarn is indeed living a comfortable life. Article Keywords: 　Cotton Yarn Cotton Price Imported Yarn