Domestic and international market demand for textiles in the cotton, a warming of imports growth, according to Qingdao customs statistics, the first 4 months of Shandong port import cotton 50.8 million tons, worth 8.9 billion, an increase of 1.7 times and 2.7 times.
Statistics show that since last October, Shandong port cotton monthly imports for 7 months of the year-on-year growth, and the month of March this year, the highest since June 2006, the highest monthly volume record, reaching 15.4 million tons. April imports fell back slightly, but remained at a high of 13.4 million tons, an increase of 80.5%. This year, Shandong port cotton monthly import price go up high, April 1777 USD/ton of, an increase of 41.6%, the highest since April 2004.
Customs analysis finds that a sustained recovery in the textile industry, driving the growth in demand for cotton. In the first quarter of the added value of China's textile industry 13.4%, textile and garment exports 392.5 billion yuan, an increase of 15.2%; yarn, fabric and garment production appears to increase good 19.7% respectively, 17.7 17.3 percent. Domestic textile industry good situation led to substantial growth in demand for cotton. At the same time, the obvious advantages of imported cotton prices, the stronger the import dynamic enterprises. Since mid-March cotton price fast rising domestic and abroad have cotton price differences and imported cotton has a price advantage, strong business momentum of import, import quotas using progress faster.
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