Latest Inventory Of International Textile Industry (5.20)

< p > < strong > Pakistan cotton city quiet textile enterprises purchase a small number of < a href= "//www.sjfzxm.com/news/index_c.asp" > India cotton < /a > < /strong > /p >

< p > Pakistan's domestic cotton market is still in the doldrums, and textile enterprises only purchase a small amount of spot demand.

Many spinning enterprises are still complaining about the slow sale of yarn, unwilling to purchase, and the stock of spinning enterprises is sufficient to maintain their new listing in China. Therefore, we will continue to wait for the cotton price to be clearer.

The ginning factory will continue to clean up the stock before the new flower goes public.

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< p > Pakistan market high class cotton ginning factory price quotation of about 6300-6600 rupees /maund (fold 78.00-81.75 cents / pound); general grade cotton 5500-6200 rupee /maund, unchanged from the previous day, the market basically no export demand.

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< p > import volume of textile enterprises is general, including part of India S-6 cotton, the price is between 91.00-91.50 cents / pound; a small amount of MCU-5 CFR price in Karachi is 94.00-95.00 cents / pound; some textile enterprises purchase a small amount of India DCH-32 cotton.

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< p > < strong > the United States Department of Agriculture announced that the special import quota of No. fourteenth cotton is less than /strong > /p >

< p > Commodity Credit Corp of the US Department of Agriculture announces that the "a href=" //www.sjfzxm.com/news/ "> the land cotton < /a > special import quota allows import equal to the domestic" a target= "_blank" href= "//www.sjfzxm.com/" > textile > /a > the amount of land cotton used in the week.

The quota was established in May 23, 2013 and allowed 13554062 kilograms (62207 bales) of land cotton.

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The quota of < p > fourteenth was established in May 23, 2013. The purchase time of upland cotton is not later than August 20, 2013, and the time for entering the United States is not later than November 18, 2013.

The amount is equivalent to a week's cotton consumption in the domestic textile mills. The calculation is based on the seasonally adjusted average consumption in December 2012 -2013 February, which is the most recent three months data available.

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< p > in addition to the published quota, if the price terms are justified, the Ministry of agriculture will also announce an increase in the import quota.

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< p > < strong > WTO requires India to phase out a href= "//www.sjfzxm.com" > textile export > /a > preferential measures < /strong > /p >

< p > WTO constantly put pressure on India and asked India to phase out subsidies and incentives for its textile industry.

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P, EU, Japan, the United States and Turkey jointly asked India to stop offering new subsidies and gradually eliminate existing subsidies, because India textiles already have export competitiveness.

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< p > however, India believes that many of the subsidies determined by the United States and other countries are not subsidies, but only the refund of import taxes.

India said that before the elimination of subsidies, there must be a consensus on what subsidies are.

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The Committee on subsidies and countervailing measures (P / WTO) discussed this issue at a recent meeting.

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< p > WTO allows countries with a per capita income of less than $1000 to provide export subsidies until a specific commodity export is less than 3.25% of world trade.

According to WTO's record, the world market share of India textiles exceeded this threshold in 2007, reaching almost 4%.

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< p > because each country has 8 years to cancel its subsidy, India's time will end in 2015.

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< p > Turkey says India's export subsidies have created unfair competition for Turkey's textile industry.

Turkey urges India not to launch new subsidy schemes.

And said that this is preparing to discuss this issue with India.

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P and Japan also expressed concern about this.

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A p official in India said that India actually crossed the threshold in 2007 without clear boundaries.

We must reach an agreement on this.

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< p > India 2012-13 years < a target= "_blank" href= "//www.sjfzxm.com/" > clothing < /a > exports decreased by 12.23% to 8 billion 400 million US dollars, while a href= "//www.sjfzxm.com" > cotton yarn < /a > cloth and finished goods exports increased 10% to 7 billion 500 million US dollars.

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