Cotton demand change of mills and reserved cotton consumption strategy
——Xiao JingyaoVice-president, Jiangsu Huafang
2015-08-07 14:10:42
Firstly, Mr. Xiao talked about the evolution of cotton market over the past years by his rich experience. The policy posed great impact on Chinese cotton market and textile mills.
Secondly, he analyzed the current cotton market from three aspects, cotton policy, quality and the market self. He pointed out two unbalanced situation in China. On one hand, many domestic mills built up plants in overseas markets as cotton has quotas, but cotton yarn has no. On the other hand, the preferential policy in Xinjiang led to the investment in Xinjiang.
Lastly, Mr. Xiao made a forecast on cotton market. Policy may have no big influence on the market in the future, but the impact from imported yarn and chemical fiber may continue.