Member ID:
Stay logged in for 30 days
Forget Your Password?

login CCFGroup App

Industry News | Time: Jun 23 2017 1:35PM
[2017 China Yarn & Fabric Summit (The 6th Imported Yarn Forum)]Textile industrial investment situation and competitiveness analysis in Xinjiang
Text size
Ms. Cheng Sujing – Senior Analyst, CCFGroup, gives her report Textile industrial investment situation and competitiveness analysis in Xinjiang .

Ms. Cheng Sujing describes her report mainly in view of status and competitiveness of textile industry in Xinjiang.

In the first part, she introduced the status quo of Xinjiang textiles industry. Yarn capacity and output grows rapidly and will increase further in 2017. Yarn variety in Xinjiang is mainly cotton yarn, followed by rayon yarn, and the proportion of open-end one is high. As for cotton consumption, proportion of cotton consumed in Xinjiang is gradually mounting. Spinning project target has been completed and eyes are to startup progress later. Projects on downstream weaving, printing and dyeing, apparel and home textile industry are actively pushed forward and have made huge progress, accelerating the associated industry development in Xinjiang. Except for Jinghe County where mainly produces open-end cotton yarn, other regions in Xinjiang do not have obvious differences in product distribution. However, capacity of textiles and apparel in Xinjiang does not increase greatly due to weak downstream fundamental, especially in printing and dyeing. Exports of textiles and apparel increased slightly in recent two years while imports changed substantially. After rapid rise in 2012-2015, cotton yarn imports slashed in 2016 and had similar trend with overall cotton yarn imports. Imports of apparel fluctuated wildly. She also mentioned policies on subsidies to the enterprises in Xinjiang.

Secondly, she analyzed the competitiveness. Chinese cotton yarn does not have advantage on international market, so orders of downstream cotton products keep reducing and it is necessary to switch to high value-added products.
[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.
Related Articles
Guotai Junan-CCFGroup holds MEG Salon in Hangzhou
Poor dyeing units and fabric imports concern areas for Vietnam, say
Excess capacity prompts Northern India spinning mills to shut down
[2019 PSF Industry Forum (The 7th Re-PET Forum)] Future development of China spunlace nonwoven market
[2019 PSF Industry Forum (The 7th Re-PET Forum)]
[2019 China Cotton Textile Forum (The 8th Imported Yarn Forum)]
[13th China Hangzhou Cellulose Fiber (Viscose) Industry Forum]
Fujian textile industry scale ranks the fifth in China
[2019 China Hangzhou Chemical Fiber Forum]
The 14th Tanboocel Union New Textile Material Exhibition opens in
PTA: H1 2019 market review and H2 market forecast
Brief analysis on the annual report of listed companies in ...
Polyester market in 2019: H1 2019 market review and H2 ...
Operation of China's textile and clothing companies in 2018
Rayon yarn market change on vortex-spun yarn operation
Development of nylon downstream sectors