Enterprises in 2014
In 2014/15 crop year, Chinese cotton market runs alone without the state cotton reserve policy, but is still under the deterrence of enormous reserved cotton stocks. Domestic cotton prices keep downward due to sluggish demand and lacking confidence. The whereabouts of demand bewilders market players. However, cotton yarn imports get continued upward momentum, what does it influence on domestic cotton demand? Does the alternative effect from chemical fiber wane and is it possible to see demand returning from chemical fiber? End-users keep on vacillating between cotton and chemical fiber as feedstock, what will influence their decision?
With weak cotton prices, structural gap is clearly seen. Mills criticize that the current cotton is not what they need! Then what kind of cotton do mills need? Will there be any change happened on the cotton supply in 2015/16 crop year? Will Xinjiang, an important cotton production base with larger proportion in China, see qualitative change on production measures? For the investment in Xinjiang, will supply shortage of high-grade cotton ease?
2015 Cotton Forum hosted by www.ccfgroup.com, www.ccf.com.cn, www.tteb.com will be held during August 6-7, 2015 in Hangzhou to have a deep insight for you. This forum will combine conference presentations with discussion and provide a comprehensive communication platform for you.
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