It Is Difficult To Eliminate &Nbsp; It Takes Time For The Textile Industry To Get Out Of Trouble.

Recently, Cotton grower Picking up a new season of cotton, on the eve of the new cotton wholesale listing, the state also launched a temporary storage and purchase policy as planned to stabilize cotton prices. Insiders say frankly that stable cotton prices can effectively reduce the risk of the textile industry, but at present, the textile industry downstream market orders, overcapacity and other "sinking" is still difficult to solve at a time, the textile industry to see the improvement may take some time.

Order reduction, raw materials Price Frequent fluctuations and rising labor costs are the main reasons for the predicament of cotton spinning and garment production and processing industry since last year. Although the national temporary purchasing and storage policy has stabilized cotton prices, the industry believes that it will take some time for the cotton spinning industry to take advantage of the difficulties.

Dezhou cotton trade association of Shandong Province data It shows that in August, the mainstream price of 21 pure cotton yarn was around 25800 yuan / ton, 1400 yuan / ton lower than the beginning of the month, which was 13000 yuan / ton lower than the highest price at the beginning of March this year, or 32%.

Related people said that with the August cotton prices stabilized, cotton prices also stabilized, but the price is difficult to raise. The pattern of oversupply of cotton yarn market has not fundamentally changed, and sales situation is still grim.

How to break through the market predicament as soon as possible by stabilizing the cotton price is a problem that every enterprise is trying to solve. Wang Sishe, general manager of Hengfeng Textile Co., Ltd., Dezhou, said the industry is facing pressure or market. demand Downturn, lack of orders, less export orders, seize the opportunity to stabilize cotton prices to open the market is crucial.

Gao Fang, executive vice president and Secretary General of the China Cotton Association, also said recently that the textile industry is facing greater domestic inflationary pressures, financing difficulties and increasing costs. The international economic situation is changing, demand rebounded, the RMB exchange rate continues to appreciate, international competitiveness is weakened, exports are uncertain, prices of labor, raw materials, energy and other kinds of prices are rising, costs are rising too fast, and enterprises are hard to digest.