The Shortage Of Cotton Resources In Cotton Textile Enterprises Is Becoming More And More Serious.

With 34 cotton textile enterprises in Henan Province jointly submitted to the relevant departments of the state, recently, nearly 150 cotton textile enterprises in Hubei, Hunan, Shandong, Hebei, Zhejiang, Fujian, Jiangsu, Guangdong and other places have reported to the China Cotton Textile Industry Association in the form of telephone and joint letters to the Chinese cotton textile industry association. We hope to make suggestions on this issue to the relevant departments of the state, so as to make cotton textile enterprises solve the cotton problem as soon as possible, and ensure the normal production of cotton textile enterprises.

In this regard, the China Cotton Textile Industry Association organized a forum on cotton textile enterprises in July 21st to discuss the issue of cotton reserves put forward by enterprises.

The Ministry of Commerce, the Ministry of industry and commerce, the national cotton trading market, the China Fiber Inspection Bureau, the China Cotton Association, the China Textile Industry Federation and the more than 70 cotton textile enterprises attended nearly 100 people.

From the investigation and research situation of China Cotton Textile Industry Association, since May, the operation of cotton textile enterprises has become more and more serious, and production has been declining.

At the symposium, the problems reflected by cotton textile enterprises were mainly concentrated on less cotton reserves, difficult warehousing, and release of deposits.

There are 4 aspects of the gap.

First of all, textile enterprises urgently need to solve the problem of less current cotton reserves.

The announcement of the development and Reform Commission and the Ministry of Finance on reserve cotton pointed out that if the market prices of domestic and foreign markets rose significantly during a period of time, the auction rate of cotton reserves would exceed three days a week and more than 70%, and the number of sales will be increased appropriately.

The actual situation is that since May 3rd, the amount of cotton reserves has been increased by more than 70% every day since the launch of cotton reserves. However, the state has not increased the amount of input, and the daily turnover is still around 25 thousand tons.

At present, the market situation of cotton raw materials has not improved, and the panic of cotton textile enterprises is increasing day by day. More textile enterprises are going to stop production and leave, and increasing the amount of reserve cotton has become the most urgent demand of textile enterprises at present.

All cotton textile enterprises participating in the proposal suggested that we should speed up the progress of the public inspection of cotton reserves, mobilize more strength, increase the manpower and material resources of the public inspection, and set up the public inspection points.

Temporarily suspend the purchase of reserve cotton for non production type circulation enterprises, and the definition of textile enterprises can be based on the qualification examination results of Cotton Spinning Association's cotton auction.

Some cotton textile enterprises do not stock much cotton for various reasons. It is recommended to continue to put in reserve cotton from September to October to alleviate the problem of cotton consumption.

Textile enterprises reflect that the current reserve cotton re inspection index is generally reliable. In the case of less than 50 thousand tons of daily delivery, it is suggested that two programs increase the amount of input: first, the cotton will be put in the same place at the same time as the cotton that has been re examined and the cotton is not inspected.

Two, in the case of being able to confirm batches, the 2011 batches of cotton in Xinjiang in the year 2011 and 2012 were carried out by random sampling at a rate of 30%.

In addition, cotton quality and complaint mechanism must be strictly implemented.

Secondly, the solution

The problem of getting out of stock.

Some of the warehouses deliberately delayed the outgoing time with the reasons of "shifting stack and leaving the warehouse", and violated the willingness of textile enterprises to designate logistics companies. They took illegal actions to collect improper fees from textile enterprises, and increased the cost of textile enterprises purchasing cotton reserves, which seriously affected the normal production of textile enterprises.

In view of these problems, the enterprises suggest that we should strengthen the supervision over the reserve banks, especially the storehouses, clarify the main body of responsibility, and instruct the warehouses to leave the warehouse within the prescribed time. For those warehouses that fail to leave the warehouse on time, the main body of the responsibility will impose a fine of 5 yuan / ton on the corresponding warehouse.

In addition, the warehouse is supervised by the responsible entity, and the external logistics company is stripped out from the warehouse.

For deliberately delaying the storage point of the reserve cotton warehouse, once the report is made, the responsible body will make a preliminary processing opinion to the complainant on sixth working days after knowing and verifying the specific circumstances within 5 working days.

For warehouses that have occurred and collect the prescribed outbound expenses, they shall be instructed to refund the cost to the enterprises in full, and the principal responsible for the execution of the same amount shall be fined and turned over to the central finance.

For the occurrence and collection of the prescribed logistics expenses, the main body of responsibility shall be responsible for returning the logistics fees collected by the logistics company to the textile enterprises.

Pay attention to customer complaints and simplify the process of complaint and return.

Third, solve the problem of margin release.

According to the relevant regulations, textile enterprises can be released after taking delivery.

However, the storage time of cotton reserves is long, the process of invoicing is cumbersome, and the occupation of enterprise funds seriously affects the further storage and production of enterprises.

In this regard, textile enterprises recommend: timely payment of margin after full payment.

Simplify the process of invoicing, issue invoices within a specified time, postpone a working day, and impose corresponding penalties, based on the time provided by textile enterprises.

Finally, solve the problem of high-grade cotton gap.

Based on the current market demand for high-grade cotton and the shortage of cotton reserves, textile enterprises appeal to the state to increase the quota of cotton imports so as to stabilize the market price and allow Chinese textile enterprises to participate directly and fairly in the international market competition.

The state's cotton reserve policy is aimed at easing cotton use problems in cotton textile enterprises, stabilizing cotton prices, narrowing the difference between inside and outside cotton prices, and achieving the goal of national reserve cotton inventory.

But in practice, the trend of the cotton market is far from the original intention.

Zhu Beina, President of China Cotton Textile Industry Association, said cotton prices rose rapidly, and sales of cotton products further slowed down due to insufficient supply of Japanese cotton in the process of delivery of cotton reserves, difficulties in warehousing and traders' participation in speculation.

The price of Zhengzhou cotton in July 15th reached 15570 yuan / ton, up nearly 5000 yuan per ton compared with the beginning of April, and the spot price of cotton rose by about 2700 yuan per ton.