P> to the cotton textile industry in India as the main raw material, recently, due to soaring cotton prices,nike shoes women, textile industry into a serious crisis.
Cotton production in India this year a new record high 31.5 million package. But the domestic industry can not benefit from the domestic cotton.
The other hand, exports are not normal,dunk sb heels, and international buyers in the domestic market speculation doing business, high-quality cotton textile mills in India a great gap.
He feared, if not immediately solve the problem, the entire textile industry may be discontinued, resulting in millions of people unemployed.
He said that the Indian cotton stocks-to-use ratio has steadily declined in contrast, the global stocks-to-use ratio is 45%.
He said that China, Pakistan and other competitor countries the ratio of the amount of inventory and very cautious, they are put through a lot of the import of Indian cotton to keep this ratio at about 35%.
Cotton is seasonal goods,jordan heels, entirely dependent on rainfall during the rainy season,womens nike shoes, to maintain proper inventory is adequate to deal with unforeseen circumstances the necessary means, the only way to meet customer needs. He said, Tamil Nadu state in India accounted for 50% of the country more than the total number of spindles,nike air max mens, and now,air jordan high heels, the state is very serious shortage of cotton.
2004-05 to 2007-08 years of cotton price trend analysis clearly identified the stocks-use ratio and the relationship between the price of cotton. 2004-05 cotton year, stocks-use ratio of 37%.
Then the price of cotton in 2004-05 is relatively stable. In the years since 2005-06 to 2007-08,nike heels, the stocks-to-use,jordan 4 heels, respectively, from 2005-06 compared with 24% to 21% in 2006-07 and further to 18% in 2007-08.
Stocks-use ratio lower,nike heels, the reason is the growing exports of raw cotton in 2005-06 exports 4.7 million package in 2006-07,asics shoes online, exports of 5.8 million package in 2007-08,air max sale, exports 8.5 million bags, a record high . P>
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