Domestic Dynamic Textile Enterprises Appear Obvious Polarization In The "Changing Year".

This year can be described as the "change year" of cotton spinning industry, the end of cotton temporary purchase and storage policy, the introduction of cotton target price subsidy policy, and the reduction of cotton throwing and storage prices. Spin The tremendous impact of the industry. At present, nearly half of 2014 has passed. What are the operational conditions of cotton textile enterprises in the first half of this year under the changing of various factors? What impact does the policy change bring to the operation of the industry?

As someone in charge of a company said, "at present it can be said that the cotton textile industry is in a good period of pain. The future is good, but the process is very painful, and it has to pay a heavy price." For cotton textile enterprises, the biggest difficulty is the risk of cotton yarn inventory and product price decline. Downstream enterprises are cautious, and enterprises have to go out in time to avoid risks. Enterprises generally reflected that the traditional peak season did not appear this year. The overall situation of the industry was more difficult than that of the same period last year, and the underemployment of enterprises was low.

Raw materials drive prices down

The price of cotton throwing and storage has been cut down, and the high price difference between domestic and foreign cotton has finally begun to shrink. Some enterprises said that the cotton market at home and abroad that had been expected to connect has finally begun to make progress, but this is only the beginning. There is still a gap between domestic cotton prices and international cotton prices. "Since April 1st, the price of cotton in China has started to decline. At present, the difference between domestic and foreign cotton prices has narrowed to less than 2000 yuan / ton. Compared with the previous 3000 yuan, 4000 yuan or even more than 5000 yuan per ton, the price difference has obviously narrowed, which is very rare." Hunan a cotton textile enterprise production director said.

There is a market analysis. Textile market Gradually falling into the seasonal off-season, the decline of cotton prices has a negative impact on cotton textile enterprises, and the price of cotton yarn has dropped considerably. Shandong, Henan, Jiangsu and Zhejiang cotton textile enterprises reflected that after the Dragon Boat Festival entered the June, the price of 32 homemade combs was 25000 yuan to 25500 yuan / ton, 40 quotations were 26500 yuan / ton, 32 combs were 29000 yuan to 29500 yuan / ton, 40 quotations were 30000 yuan to 30500 yuan / ton, and the price dropped by 30500 yuan to RMB yuan / ton compared with the end of May, and the volume continued to decline. A producer of cotton textile enterprises in Binzhou, Shandong, has introduced that the consumption of cotton yarn market has gradually turned to a low level due to the recent production of summer clothing. At present, the conventional yarn of textile enterprises all over the country is facing more or less pressure on inventory. More and more manufacturers are using the strategy of production and production to produce cotton yarn. At present, the company sells 32 pieces of combed ring ingots for 29500 yuan / ton, 40 yuan 30300 yuan / ton, and 200 yuan / ton lower than last week. The reduction is due to the reduction in the cost of raw materials and the reduction of finished products in the weak market.

The decline of domestic cotton prices has also made the import yarn market to some extent insipid. According to the briefing, at present, 21 imported a-spun imports of India yarn are priced at 22000 yuan / ton, which is 500 yuan / ton lower than the same specifications of domestic yarn, and the price advantage is not obvious. Traders said that because of the risk of future market, the pace of imports of cotton yarn has slowed down obviously. At present, the yarn stock of the national ports is not over 65 thousand tons, and the conventional medium and low end yarn is out of stock.

Industry analysts believe that in June, domestic cotton prices have been stable, resulting in the cost of cotton yarn processing has stabilized and stabilized. Blended cotton yarn and imported yarn continue to compete for the pure cotton yarn market, cotton yarn sales can not continue to open, but is facing shrinking. The price of cotton yarn will continue to weaken in the future, and the operating rate of enterprises will continue to decline.

Underrun enterprises eliminate inventory

Interviews with several cotton textile enterprises found that most of the enterprises were under construction at present. Because of the lack of confidence in the market of cotton and yarn products in enterprises and downstream markets, there were many phenomena of reducing sales for fast shipment. China Cotton Textile Industry Association released the April cotton textile enterprise production report, pointed out that cotton target price subsidy policy came out, yarn and cloth prices continued to fall, cotton, chemical fiber short gauze gauze on behalf of varieties prices are declining, the market sentiment is strong. Downstream orders are very cautious, not just demand, cotton textile enterprises have to cut prices and speed up shipping speed to avoid risks.

China Cotton Textile Industry Association tracking enterprise data showed that yarn inventory increased by 0.06% in April, of which pure cotton yarn decreased by 3.01%, cotton blended yarn and purified yarn yarn ratio increased by 5.27% and 1.98% respectively. The inventory of cloth products increased by 3.28%, of which cotton, cotton blended fabric and purified fabric inventory increased by 2.83%, 5.17% and 6.20% respectively. The sales volume of the cloth is much lower than that of the output.

Under the current situation, textile enterprises try to take measures to minimize inventory as much as possible to reduce the economic losses caused by the depreciation of yarn and storage. However, the weakness of downstream demand resulted in difficulties in sales and increased inventory of yarn and cloth. Enterprises reflect that the peak season has not yet appeared, and the overall situation is not as good as that of the same period last year.

A head of a cotton textile enterprise in Shandong said that at present, the enterprises did not dare to do enough production. The cotton price would be cheaper and cheaper. So the price of the product would definitely decrease in the future. If the inventory is too much, the later will lose more, so the enterprises will not dare to produce more now, how many orders and how many goods they produce. There are also cotton textile enterprises in Jiangsu. It is now said that a large number of non cotton fibers are used to avoid the risk of cotton price reduction. Only a few old customers' orders still produce pure cotton products.

　 Small and medium-sized enterprises are struggling to support large enterprises.

Faced with the painful period of policy change, small and medium-sized enterprises can be said to be quite miserable. The inventory of finished products is still high, capital turnover is tight, and they can not stop production and stop production. It is difficult to say that difficult days are impossible. What we can do is to reduce the purchase of cotton raw materials and increase the ratio of imported cotton, so as to reduce production costs. However, some large enterprises are still very calm.

During the interview, the head of a large cotton textile enterprise said that the production of the enterprises in the first half of the year was good, and the product orders were not reduced. With the use of new fibers, the profit margin of the products increased.

Although the national policy has made cotton difficult for cotton textile industry to a certain extent, it is undeniable that cotton textile enterprises have begun to seek their own changes, speed up the structural adjustment of enterprises, and actively transform and upgrade. In the process of transformation and upgrading, there are obvious differences between big enterprises and small and medium-sized enterprises for various reasons.

At the cotton Summit Forum, Yang Shibin, assistant president of the China Textile Industry Federation, said that policy The impact of some cotton textile enterprises in China has increased profits, exports have increased continuously, and some are serious losses. He introduced that in 2013, the National Bureau of statistics gave the caliber profit rate of more than 10%, and the main business income of cotton textile industry accounted for 16% of the industry, but the total profit accounted for 43.6% of the whole industry, and this trend continued to increase. Tracking the loss of deficit companies found that companies were losing money when they were high and low, but the obvious polarization was intensifying. According to the insiders, in order to deal with the current difficulties, cotton textile enterprises are constantly using two markets and two kinds of resources, learning and applying policies, trying to preserve themselves in the market flood.