China Cotton Textile Industry Association Releases Comprehensive Data

According to the statistics of the cumulative economic operation data of some cotton textile industrial clusters in March 2016, the effective data of ten industrial clusters in Shandong, Xinjiang, Henan, Jiangsu, Jiangxi and other provinces and cities were summarized according to the China Cotton Textile Industry Association. The data were compared with the same period last year and combined with field research. By the end of March 2016, the overall situation of cotton textile industrial cluster production and operation has been stable, showing the following characteristics:

According to the accumulative reports and research results in March 2016, the total number of enterprises in the ten odd regional clusters decreased by 0.5% over the same period last year, and the number of Enterprises above designated size decreased by 3.6% compared with the same period last year.

Although the total number of enterprises has decreased slightly, the number of employees in the cluster has increased by 2% compared with the same period last year. The average number of employees in the whole industry has decreased by 0.8% compared with that in the whole industry. The increase in the number of employees is mainly from Shihezi, Xinjiang, an increase of 60% over the previous year, and the decline in the rest of the region is mainly due to the upgrading of equipment automation.

In March 2016, statistics showed that the capacity of cluster spinning increased by 5.9% over the same period last year, and the output of all kinds of yarns increased by 5.1% over the same period (3.8%). Linqing, Fancheng, Xinye and Shihezi increased their production capacity, especially in Linqing City. The ring spinning increased by 12.4%, Fancheng increased by 8.4%, and the spinning capacity of other regions remained the same. The largest increase in yarn production in Xinjiang Shihezi doubled in the same period last year, mainly due to the low yarn production base in 2014, and the initial success of undertaking industrial pfer.

Weaving: statistics show that the total number of looms in the whole industry decreased by 8.8% over the same period.

The number decreased by 11.5% compared with the same period last year. Although the total number of looms decreased, the total number of shuttleless looms increased by 4.7%, and the number of shuttleless looms increased by 7.2% over the same period last year.

It shows that cluster enterprises are undergoing technological pformation and industrial pformation and upgrading.

More old looms have been updated, and new high-speed looms have been upgraded.

In terms of output of all kinds of cloth (including yarn dyed fabric and denim), the output of all enterprises in the cluster has been flat. The local enterprises in Shihezi have put into operation some of the dyed fabric industry. The number of weaving and weaving fabrics has increased by 10% over the same period.

From the end of March to the beginning of April, the China Cotton Trade Association visited field of cotton textile industry in Henan and Zhejiang respectively.

Generally speaking, the cluster effect of cotton textile industry cluster is still obvious. The equipment of enterprises in the gathering area is constantly upgrading, backward and product structure tends to be optimized.

The average operating rate of the cluster enterprises tracked to 70-95% reached 0.1% in the whole industry and 1.3% in the same period last year.

After the double impact of the return of post holidays and the second child policy, the operation rate of cluster enterprises returned to normal in March.

From the perspective of raw materials and market, the enterprises reflect that the original pure cotton low count yarn products are not competitive in the market. Through the gradual pformation and upgrading of the equipment, the product structure is changing from simplification to diversification. More and more attention has been paid to the differentiation and functional fibers. Although the raw materials have been upgraded to more pure cotton products, the customers are more stable under the premise of guaranteeing quality.

At the same time, the enterprises agree with and support the supply side reform, and the capacity can not be blindly expanded. However, the capacity to go is not equal to the industry. The financial industry needs to fully understand the state policy, rather than blindly avoiding risks.