Policy Began To Tilt Towards Cotton Textile Enterprises

Recently, Zheng cotton futures prices, ICE cotton prices, reserve cotton auction base price, cotton spot prices rose resonance.

The rapid rise of cotton prices directly increased the cost of raw materials, and the weaving mills and downstream markets did not accept the rise in yarn prices. The market orders were significantly reduced, which could maintain normal production of cotton textile enterprises, and the profits of products were continuously compressed.

Zhu Beina pointed out that from May import data, the number of cotton imports per month in May increased by 3.6% over April.

Since June, the operation of cotton textile enterprises has become more and more serious and production has been declining. Recently, enterprises have ceased production, and the international competitiveness of China's cotton textiles has been weakened again, and export orders have been reduced.

As of July 25th, the cumulative output of reserve cotton in 2015/2016 was 1 million 507 thousand and 100 tons, and the average price was 15170 yuan / ton on that day. The lowest paction price was 14470 yuan / ton, which rose 2742 yuan / ton and 4760 yuan / ton respectively compared with the first day of May 3rd.

The domestic and export sales orders of cotton textile enterprises in 5 and June were completely lost due to the sharp rise in raw material costs, and because of the difficulty in predicting when and when the cotton prices would rise, the enterprises could not easily make orders.

In addition, the lower the grade and the poorer the quality of cotton reserves, the greater the price increase. Correspondingly, the OE yarns, C21 and C32 yarns are lower than others. Therefore, the medium cotton textile enterprises with low spun yarns are facing more pressure to survive.

Judging from the current market situation, Shandong, Jiangsu and Zhejiang, Henan and other places in the past month or so, C21 cotton yarn generally increased by 1000 yuan / ton ~1200 yuan / ton, C21 yarn quoted price is 20400 yuan / ton ~20600 yuan / ton, C32 yarn quoted price is 21600 yuan / ton ~21800 yuan / ton, C40 yarn quoted price is 22600 yuan / ton ~ 22900 yuan / ton, the overall price increase is far lower than the cotton increase.

Then, is there any profit in the use of the national cotton spinning C21 branch and C32 branch cotton yarn? There are people in the industry who believe that the spinning of C32 and C21 yarns is not very high on cotton grades, breaking strength and impurities. Most cotton mills in China adjust their production by reducing cotton grading and reducing product yarn support. The reserve cotton spinning C32 with the average paction price corresponds to the minimum cotton price.

According to the estimate, spinning C21 knitted yarn or woven yarn is calculated in the past few days. The minimum paction price of reserve cotton is 14600 yuan / ton ~14800 yuan / ton, plus spinning loss and processing cost, then the factory cost price is 18830 yuan / ton ~19040 yuan / ton, and the total cost at the time of sale is about 19885 yuan / ton to 20100 yuan / ton.

If the buyer takes delivery from the factory, the spinning enterprise still has a gross profit of 300 yuan / ton ~400 yuan / ton, if pported to market sales, it may lose 300 yuan / ton ~500 yuan / ton.

According to this plan, at present, the export price of C32 yarn A yarn from the cotton mill of Jiangsu and Zhejiang and Lu Yuji is less than 22000 yuan / ton, even if the buyer is picking up the factory, the spinning mill will spin at least 1 yuan C32 spun yarn at least 250 yuan / ton ~500 yuan / ton, of course, if pported to the light textile market, the cotton mill will lose 600 yuan / ton ~1000 yuan / ton.

The soaring cotton prices have seriously affected the normal production of textile enterprises.

Zhu Beina said that although the industry has known for some time the situation of cotton imports and domestic and foreign cotton spot trading and futures price increases, the situation is still grim, and many problems related to the survival of the industry need to be solved.

First of all, we should solve the problem of the amount of cotton reserves.

If the delivery time of the cotton can be extended, can the daily turnover be increased to 50 thousand tons?

Outgoing efficiency?

Yu Xiaoxin, director of the China Fiber Inspection Bureau, said that this year, the state has reconfirmed two points in the inspection of the out of store cotton. First, the inspection of the outgoing cotton bags is carried out, and the re inspection system has been perfected. If the enterprises have objections to the quality of the cotton purchased, they may apply for a review by the Chinese fiber inspection.

At present, the effect of reinspection is very good, and has also been recognized by enterprises. Basically, there is no doubt about the quality. The cotton that the enterprises get is basically consistent with the standard.

For enterprises concerned about the daily turnover of 50 thousand tons, whether the CSB has the ability to guarantee the speed of inspection, said in Xiao Xin, in the warehousing sector, in addition to the warehouses directly under the state, most of the warehouse storage conditions are relatively poor, there are certain technical bottlenecks, and the reserve bank's reserve cotton will not have a strong desire to leave the warehouse. The reason is that warehousing subsidies are involved, and many warehouses are dragging out of the warehouse.

but

Efforts have been made to overcome various difficulties and strive to improve inspection efficiency.

After the announcement of the announcement of the reserve cotton rotation, the Inspection Bureau of the Central Bureau of the textile industry has checked the inspection capacity of the cotton inspection laboratories all over the country. If the storage capacity of the cotton reserves is large enough, the capacity of the inspection laboratories in the mainland can not meet the demand of the storehouse, so the Xinjiang textile inspection laboratory can be activated by the Bureau.

However, the main reason for the slow storage is the shortage of inspection samples from all the major warehouses in the country.

Yang Baofu, deputy general manager of the national cotton exchange market, said that this year, the most complete year for sale of reserve cotton was in the mechanism setting, but encountered many difficulties in the implementation process.

"To a point, industrial capital has been blocked by speculative capital, making the textile enterprises suffer a huge impact.

The national cotton exchange market is responsible for the daily sale of cotton reserves, but how much and how much it stores every day, the paction market does not involve.

Yang Baofu said.

The bureau is responsible for testing the quality of reserve cotton and the national cotton trading market.

However, how long the quantity is invested and how long it will be put into the two organizations can not be decided.

Insiders said that the extension of the time of cotton storage has already indicated the difficulties of the industry at the national policy level, and the policy began to tilt towards cotton textile enterprises. Enterprises can only continue to anticipate the adjustment of relevant policies for the expectation of 50 thousand tons of daily delivery.

Sun Ruizhe, vice president of the China Textile Industry Federation, said that at present, the cotton price is rising again, which is actually a conflict between the planned economy mode and the market economy mode.