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Industry News | Time: Jun 23 2017 8:49AM
[2017 China Yarn & Fabric Summit (The 6th Imported Yarn Forum)]Cotton yarn supply/demand pattern and market forecast in China
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Zheng Shengwei, Information Manager of CCFGroup, delivers his report Cotton yarn supply/demand pattern and market forecast in China.

There are four parts in the report.

First part, cotton yarn sales and production pattern. Mr. Zheng pointed out that operating rate of spinning mills was higher than previous years and inventory piled up. Cotton yarn profits were higher than chemical fiber yarn and production of cotton yarn increased. He also introduced the imports and exports status of cotton yarn in China. Looking from the three cotton textile feedstock, cotton consumption is expected to keep growing in 2017, while VSF and PSF consumption is expected to edge lower.

Second part, Mr. Zheng analyzes the cotton yarn segmentation products characteristics in Xinjiang and three provinces in inland (Shandong, Henan and Jiangsu). In differnt regions, capacity and product grade has own features.

Third part, yarn capacity tendency and market pattern forecast. Ring-spun yarn capacity will keep being reshuffled in the long term. Since investment focused on Xinjiang and some old units restarted, 2016 capacity increased a little. Investment on open-end equipment increased and automatic equipment are more welcomed.

Last part, cotton supply/demand status and market forecast. Mr. Zheng introduces the cotton supply and demand in China and India and also has a forecast on global cotton market in 2017/18 season.

[RISK DISCLAIMER] All opinions, news, analysis, prices or other information contained on this report is provided by analyst of Zhejiang Huarui Information Consulting Co., Ltd (CCFGroup) as general market commentary and does not constitute investment advice. CCFGroup will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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