Sign in | Join free

China cotton import monthly report – april

China cotton import monthly report – april Source: www.chinatexnet.com
Date: 28-05-2013
Visits: 241
Very Poor

Reserve cotton release increased new season cotton and import cotton volume in April, which improved the trading rate, relieving the situation of insufficient high grade cotton for mills, and import volume declined over the month with slightly higher price. The issue of sliding duties reduced the full duty import to less than half of the monthly import. General trade and import from bonded zones still dominate. U.S. restored the top sourcing country, instead of India; these two sources accounted for about 70% of the import. Qingdao, Nanjing and Shanghai are the main destination ports, Beijing, Jiangsu and Shandong are the major importers.
 
According to Customs, import cotton in April was 430,900 ton, 97,900 ton less than last month, down by 18.5%, while 15.5% down Y/Y; the average import price was 1,942 USD per ton, 60 USD up over the month, 18.4% up Y/Y. The cumulative total of the first 8 months in 2012/13 season was 3,167,000 ton, 15.6% down Y/Y; the first four months import of 2013 was 1,796,000 ton, 13.5% down Y/Y.
 
All import means declined in April. The least decline was general trade, took share of more than 40%, goods under Custom special supervision was 23.4%, goods in bonded areas was 19.5%, processing with imported materials took 12.7%.
 
As for origin countries, U.S. and Uzbekistan continued the increase, India, Australia and Brazil declined in volume. Since Dec., 2012, U.S. surpassed India to the top source country for the first time.
 
The average import price in April increased slightly, except feeding processing. The general trade increased by 3.98%, processing by accepting customers materials, logistic good under special custom supervision and goods in bonded areas increased by 5.21%, 1.99% and 1.94% separately.
 
The average import price for the top five all increased, U.S., India, Uzbekistan, Brazil and Australia increased by 3.1%, 0.34%, 6.95%, 9.24% and 7.41%.
 
In April, the main destination ports are Qingdao, Nanjing and Shanghai, accounting for nearly 80%.
 
Beijing, Jiangsu and Shandong are the main importers, took share of nearly 70%.
like 180 Unlike 20
Users Comments
No comments to display
Are you sure you want to delete this comment.
Add your comment
User Name:
Email: Will not be published
Rate This article:
Comment:
Maximum 3500 characters
Your name
Your email address
Your friend email address
  • /images/ourservices/125-600/pricetrend.jpg
  • /images/ourservices/125-600/product.jpg
  • /images/ourservices/125-600/videos.jpg
Suntex Asia Limited
32341 Users
have already joined suntexasia.com. Shouldn't you?
Full registration will provide you access to all our free services. It takes only one minute and it is free Go here
Quick registration (it's free)
Accesss to some of our free services
Select membership
Full Name
User Name
Email
Password
Enter the code
mmjhq
(Note: If you can't read the letters, reload the page to generate a new one.)
terms and conditions
 
Members Login
Already registered
Email
Password
Forgot your password
golden fees
Enter your e-mail address
Choose your room