Sichuan Cotton Textile Enterprises Benefit Growth Significantly

According to Sichuan 170 cotton textile products above Designated Size enterprise Statistics: 1~8 cotton textile industry in 2010 Economics The overall performance is good, yarn and cloth output and marketing performance have increased significantly, losses have decreased, and the growth rate of profits and taxes has reached the best level in recent years.

Output has increased significantly. In 1~8 months, Sichuan's yarn production reached 432 thousand and 600 tons, an increase of 44.02% over the same period last year, and cloth production totaled 934 million meters, an increase of 46.10% over the same period last year. The sharp increase in yarn and cloth output was mainly in the first half of July and August. In July and August, under the influence of high temperature weather, the attrition of enterprises was serious and the operating rate was only 70%~80%. Some enterprises were forced to stop production due to floods, and cotton prices continued to skyrocket, and enterprises' funds were limited. However, in the first half of this year, the growth rate of output was very large, so the growth rate in 1~8 months was still large.

Marketing performance has increased significantly. 1~8 months, the main business income of cotton spinning in the province was 16 billion 338 million yuan, an increase of 48.82% over the same period last year. Production and marketing rate reached 98.39%. The output value of the new product was 2 billion 146 million yuan, an increase of 87.41% over the same period last year, and the value of export delivery was 558 million yuan, an increase of 38.79% over the same period last year. In the development of new products, enterprises, in order to avoid the risk of soaring market prices, face no frenzy of panic buying of yarn and cloth, reduce inventory and speed up capital turnover. At the end of 8, finished goods inventory was only 105 million yuan, down 20.99% compared with the same period last year, which played a good role in stabilizing the market.

Benefit growth is remarkable. 1~8 month, the province achieved a total profit of 1 billion 101 million yuan, an increase of 85.72% over the same period last year. Among them, total profits and taxes totaled 598 million yuan, an increase of 128.22% over the same period last year, and the main business tax and additional 93 million yuan, an increase of 63.35% over the same period last year. The value added tax should be increased by 409 million yuan, up 49.63% over the same period last year. At the same time, the loss of cotton textile enterprises in the province dropped significantly. By the end of 8, there were 9 losses in the cotton textile enterprises in the province, with a loss of 5.29%, a decrease of 12.36 percentage points compared with that of the previous year, and the loss of the deficit companies was 11 million yuan, down 80.79% from the same period last year.

Cotton prices skyrocketed, driving production costs and yarn and cloth prices up sharply. In 1~8 month, the main business cost of Sichuan's cotton textile industry totaled 14 billion 698 million yuan, up 45.75% from the same period last year. Cotton prices continued to rise this year, in August, Sichuan's 3 cotton price reached 19 thousand yuan / ton, up 41.79% over the same period last year. While cotton prices are driving up costs, they also drive up the price of yarn and cloth. Under the pressure of continuous rising cotton prices, all textile enterprises are forced to raise yarn and cloth prices step by step. According to the southwest textile market information statistics: in August, 32 pure cotton yarn 28 thousand yuan / ton, up 47.36% compared with the same period last year; the price of 40 pure cotton yarn was 28 thousand and 700 yuan / ton, up 44.95% over the same period last year; the market price of 40 * 40133 / 72 cotton poplin was 7.50 yuan / m, up 29.31%; The data show that there is a big gap between the price increase of yarn and cloth, and the cost and digestion ability of the weaving mill has been greatly challenged. According to the relevant textile enterprises, "yarn price is not only high, but also difficult to buy." Textile enterprises are complaining about "high temperature hot days, many enterprises are losing more staff, equipment is not running well, and yarn supply is in short supply". At the same time, they worry about "cotton prices skyrocketing and cotton is hard to buy".