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Mill demand for cotton fiber: An analysis of fiber characteristics values by end-use and spinning technology.

机译:工厂对棉纤维的需求:通过最终用途和纺丝技术分析纤维特性值。

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摘要

Introduction of alternative spinning technologies with greater tolerance for short staple fiber has implication for the relative demand for cotton fiber; and specifically the relative demand for cotton fiber characteristics. Use of an average cotton fiber price across all qualities, or a single price for one quality with the assumption of a homogeneous product, precludes analysis of demand differentiated according to end-use fiber characteristic requirements. Mill demand for cotton fiber is disaggregated into eight end-use categories: (1) denim, (2) duck, (3) towelling, (4) corduroy, (5) 100% cotton sheeting, (6) polyester/cotton sheeting, (7) printcloth, and (8) apparel.;Lancasterian demand theory is used to derive blend prices for each end-use and spinning technology interaction. The impact of the new spinning technologies and the resulting change in the relative importance of grade, length, strength and micronaire in spinning is considered. Introduction of High Volume Instrument (HVI) testing of cotton fiber, and subsequent economic availability of fiber strength information, had a profound impact on ranking of fiber characteristics. The derived marginal implicit prices of the fiber characteristics provide a strong argument in favor of the inclusion of a fiber strength factor in determining market grades and hence, in determining market spot prices.;Quarterly mill demand for cotton fiber is estimated for all eight end-use categories, such that the quality price differentials enter into the demand parameter estimates. Responsiveness of fiber demand for each end-use to price and non-price (fiber characteristics and spinning technologies) factors is considered. The estimations of mill demand for cotton used in coarse yarn end-uses indicated a significant change from the use of ring-spinning for coarse yarn counts to open-end rotor systems around 1980.;The results from both the blend price derivations and associated implicit fiber characteristics prices, and the mill demand estimations by end-use, indicate that disaggregated categories do not all respond to the same market factors.
机译:引入对短短纤维具有更大耐受性的替代纺纱技术意味着对棉纤维的相对需求。特别是棉纤维特性的相对需求。如果使用所有质量的棉纤维平均价格,或者假设产品是同质产品,则使用同一质量的单一价格,则无法分析根据最终用途纤维特性要求区分的需求。工厂对棉纤维的需求分为八类最终用途:(1)牛仔布,(2)鸭,(3)毛巾纸,(4)灯芯绒,(5)100%棉布,(6)聚酯/棉布, (7)印花布和(8)服装。使用Lancasterian需求理论得出每种最终用途和纺纱技术相互作用的混合价格。考虑了新纺纱技术的影响以及纺纱中等级,长度,强度和马克隆值的相对重要性的变化。引入棉纤维的高容量仪器(HVI)测试以及随后经济上可获得的纤维强度信息,对纤维特性的排名产生了深远的影响。得出的纤维特性的边际隐性价格提供了有力的论据,赞成在确定市场等级并因此确定市场现货价格时加入纤维强度因子。估计所有八个末端的棉纺织厂季度需求使用类别,以便质量价格差异进入需求参数估计。考虑了每种最终用途的纤维需求对价格和非价格(纤维特性和纺纱技术)因素的响应能力。工厂对粗纱最终用途中棉花需求的估算表明,从使用粗纱支数的环锭纺到1980年代左右的开放式转杯系统有了显着变化;混合价格推导和相关隐含结果纤维特性价格以及最终用途对纸厂的需求估算表明,分类类别并没有全部响应相同的市场因素。

著录项

  • 作者单位

    Texas A&M University.;

  • 授予单位 Texas A&M University.;
  • 学科 Economics Agricultural.;Engineering Industrial.
  • 学位 Ph.D.
  • 年度 1987
  • 页码 210 p.
  • 总页数 210
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

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