India Cotton Export Contract Registration Starts In September 1St.

　　 India Commerce Minister Rahul Khullar said on Tuesday that cotton exports will no longer be restricted from October 1st and new cotton will enter the market in October. Although no export tax is imposed on cotton, export contracts need to be registered with the Commissioner of textiles. He said the registration process is very simple. Cotton exports will be exported from October 1st in accordance with the public general licensing system, which means cotton Exit No longer restricted, completely liberalized. Cotton export contract registration will start in September 1st.

Even if there was no India suspension. cotton As for the export registration, Shun Textile Group Limited has to consider reducing export business step by step.

"Raw materials, personnel salaries, hydropower and energy......"

All costs are rising, and the export price of the product is not going up. " Liu Zhuoxin, vice president of the company, reluctantly said that at present, the export business has become smaller and smaller in the business share of the enterprise, and most of the energy has already been put on the domestic market.

"We do not want to export. We are also forced.

".

Even worse for enterprises, India announced the suspension of cotton export registration from April 19th, and the specific recovery time will be announced later. Some analysts believe that as India cotton has become China's largest source of imports, its stop export policy will make China's cotton supply and demand situation become more intense, and textile enterprises will have to face more expensive cotton prices.

The international cotton market is not the most expensive. Only the more expensive India textile Ministry said the move was aimed at stabilizing the soaring cotton prices in China. But before long, India had just imposed export duties on cotton.

"It is normal to consider the protection of its own textile industry." Zhu Xianfeng, the price monitoring center of the NDRC, believes that global cotton production has been insufficient for four consecutive years, and last year's output dropped to its lowest level in 5 years. Similarly, as a newly emerging country, the textile industry that needs a lot of cheap labor is also looked upon by the government of India.

According to the planning of India textile department, in 2012, the proportion of India in the global garment export market should be increased to 7%. This goal has also led to the rise of cotton consumption and the rise of cotton prices in India.

It is reported that India's decision involves raw cotton, waste cotton, combed cotton and carding cotton and other export varieties. As the runner up of world cotton output, India's decision has caused a lot of "vibration" in the international cotton market. The news came as a result of worries about the tight supply of cotton in the international market, and New York cotton futures prices soared to a new high in two years.

"At present, China's cotton market is in a period of shortage of resources. Next, before the new cotton comes into the market, it is faced with a period of blue and white. The cotton gap can be diluted in large quantities, and now the gap will be bigger and bigger." Zhang Xiangjun, an interim researcher in Beijing, said that when India cotton was no longer the source of China's imports, it was inevitable to increase imports of American cotton at home.

But the problem is that the US cotton will become more scarce because of the "exit" of India cotton.

In fact, according to the prediction of the US Department of agriculture, the world cotton inventory in 2009/10 is expected to be only 1 million 110 thousand tons, down 19% from the beginning of the year, the lowest level after 2003/04.

Zhu Jianfeng believes that the price rise of cotton is definitely inevitable, but the price increase is also a kind of market behavior, which is determined by the relationship between supply and demand. Despite the recovery of output and demand in the international market after the financial crisis, a certain amount of inventory before the enterprise will offset the impact of some raw material prices. "The next price increase and when India will lift the export restrictions depends on the supply and demand changes in the global textile market."

Domestic textile enterprises digestion is a problem, Liu Zhuoxin told reporters that although the enterprise is not directly raw materials for cotton, but for cotton prices, enterprises have been concerned about, and is "bullish". Last year, domestic cotton production was also reduced.

It seems that the enterprise is not optimistic.

Indeed, in 2009 ~2010, China's cotton supply gap will reach more than 3 million 200 thousand tons. From the new year's situation, due to the unusual cold weather in the north, cotton sowing is far behind the same level. This may be an important factor affecting yield. The current sowing situation reflects that cotton sowing area is hard to recover significantly, that is, China's cotton production in 2010 ~2011 will not increase much, and the demand for textile industry will increase. China's imports will reach more than 6 million tons in the coming year.

"Cotton yarn suppliers have long changed their validity period from one month to one week, because they can not see the price of cotton. And we can neither buy nor order too much, because the production capacity of the supplier is limited, and the cotton price keeps rising. Liu Zhuoxin was helpless. Compared with foreign businessmen, it is difficult to accept the price rise caused by cost reasons, and even imported cotton yarn from countries with lower labor costs, such as the surrounding countries, Liu Zhuoxin said.

Zhao Yumin, director of the international market research department of the Ministry of Commerce, believes that if India cancels the cotton export registration time is too long, it will affect the domestic cotton enterprises' cotton production, and the rise of cotton prices will also nibble the profits of the enterprises. But enterprises need not worry too much. If so, the state will use relevant policies to regulate and control, and actively increase imports from other countries.

But experts also suggest cotton textile enterprises should speed up the pace of industrial adjustment, pay attention to product upgrading, develop medium high count cotton yarn and synthetic fiber blended yarn under the condition of shortage of resources, expand the use of chemical fibers, especially new chemical fibers, and increase the added value of products.