Raw Material Shortage &Nbsp; Some Textile Enterprises Stop Receiving Orders.

According to the Xinhua news agency, some signs indicate that domestic and foreign cotton production, supply shortages and high prices may cause the textile industry to face difficulties in production and operation.

Xinjiang, which accounts for 1/3 of the total cotton planting area in the country, has reduced its output of cotton by 21.3% last year due to rain, snow and hail.

Zhao Yumin, a researcher at the Ministry of Commerce, said that due to the sharp reduction in global cotton production and the recent recovery of China's textile industry, the supply and demand relationship between cotton has become tense.

Since March this year, cotton prices continue to rise, and some smaller and less capital businesses have stopped taking orders, according to a survey conducted by the China Textile Industry Association.

The China Cotton Association has issued a warning that we should pay attention to the price and sales situation of cotton rear products, the export situation of textile and clothing, and the cotton production in the new year. We should continue to increase import quotas according to market changes and textile demand situation, and do not exclude other means of regulation and control to stabilize supply and demand.