The Cotton Textile Industry In 2015 Was Dominated By Stability.

Recently, cotton textile downstream orders have improved.

Stock prices have declined, cotton futures prices have also risen, and market share of cotton futures outlook is quite different.

The following is the analysis of the trend of China's cotton textile market in 2015.

In 2015, the finished product inventory level of the cotton textile industry was significantly lower than that of the same period in 2014. The seasonal peak season of the downstream season has a stimulating effect on sales and raw material prices, but cotton spinning enterprises still face structural contradictions in raw material supply and import cotton yarn.

Share and other problems.

Under the pressure of a large number of cotton reserves in the country, cotton prices rose more space. Enterprises generally believe that cotton prices are difficult to fluctuate significantly.

It is worth noting that the cotton spinning enterprises surveyed are generally concerned about the trend of cotton futures, and also carry out the operation of overdue combination.

Most cotton spinning enterprises also have high hopes for the upcoming cotton yarn futures, hoping that they will be listed early so as to avoid the spot risk of cotton yarn.

The downstream consumption season is difficult to sustain.

Clothing industry analysis and research shows that the current cotton textile market orders do show signs of improvement, mainly stimulated by seasonal seasonal demand, but this demand is phased. Once the peak season is over, the demand for cotton in the downstream will be very difficult to continue.

A large textile enterprise in Jiangsu is the top ten textile enterprise in China. The prediction of the competition pattern and development prospect of China's cotton textile industry shows that from the end of the year to now, the order of cotton yarn has increased, and the initial cotton yarn inventory has been maintained for about 15 days.

Under the stimulation of orders after the year, the current stock of cotton yarn has increased, mainly in response to the demand of the latter market.

But in the past one or two weeks, the shipment of cotton yarn has slowed down, mainly because the new orders have not kept up.

On the other hand, the substitution effect of imported cotton yarn on domestic cotton yarn also affects cotton demand.

When domestic cotton yarn demand is improving, traders' enthusiasm for importing cotton yarn has obviously improved. This year, under the seasonal consumption stimulation, the shipment date of some imported cotton yarns has been set to June and July.

A large cotton spinning enterprise in Zhangjiagang is the top five textile enterprise in China. The director of cotton yarn sales said that the sales season of the domestic cotton yarn market is almost over in the middle of May. The domestic cotton yarn inventory is still at a high level, so it is not optimistic about the future market.

Compared with the caution of spinning enterprises, the view of downstream home textile enterprises is relatively optimistic.

Because of the buoyant season in 2014, home textile enterprises have been hit harder. This year, home textile enterprises generally keep low inventories and maintain their own cash flow.

The sharp increase in orders at the beginning of 2015 made the home textile enterprises unprepared, so the phenomenon of high grade cotton yarn appeared in a short time.

Nantong, Jiangsu, the largest local textile business leader is more optimistic about the future market, that the future of the textile industry will be getting better and better, once the industry is confident, then the problem of raw materials inventory pressure will be solved.

High and low cotton price differentiation machine purchase cotton procurement increased

During the investigation, we also noticed that the price differentiation phenomenon of high and low cotton in the market is more obvious. Corporate feedback indicates that because of the dislocation of domestic cotton supply and demand links, the demand for high-quality cotton in domestic cotton production is large, and the technology of Xinjiang cotton picking is not mature enough, and the quality is not recognized by enterprises.

Quota enterprises imported cotton and Australian cotton without three silk machine picked cotton, which also led to imported machine mining this year.

The base is bigger, but after all, the quota of imported cotton is limited, and the price performance is also reduced due to the rise of ICE cotton. Under the condition of the reduction of high-quality domestic hand picked cotton, some enterprises began to increase procurement of Xinjiang's machine picked cotton, and textile enterprises gradually enhanced their adaptability to machine picked cotton.

Because of the disadvantages of high impurity and short staple rate of cotton picking, cotton trade enterprises are not very well shipped and bear certain sales pressure, but the futures market allows machine to pick up cotton registered warehouse receipts, and the recent rise in cotton prices also gives traders a chance to hedge.

Textile enterprises have different attitudes towards machine picking cotton, but it is generally believed that Xinjiang hand picked cotton has better spinnability than Xinjiang cotton picking machine, and Xinjiang hand picking cotton is also the main way for early purchase.

A textile enterprise in Zhejiang is a well-known color textile enterprise in China. There are textile factories in Xinjiang and abroad. At present, the raw material inventory is maintained within 3 months, and the cotton yarn inventory is maintained for about 20 days. The raw material purchasing officer of the enterprise thinks that the price of hand picked cotton will be stronger in later Xinjiang, and the price of machine picked cotton will continue to weaken with the appearance of inventory pressure.

A cotton spinning enterprise in Dezhou, Shandong, is one of the top 100 cotton spinning enterprises in China. The scale of spinning is up to 1 million spindles, and yarn stock is kept within 1 months.

All the enterprises purchased in advance were Xinjiang hand picked cotton, but with the reduction of hand picked cotton spot in Xinjiang, the cotton production of Xinjiang Corps was mainly based on cotton picking.

The person in charge of the company believes that the spot cotton market is hard to see a big rise and fall.

Textile enterprises also said that if the cotton yarn orders could not be sustained in the later stage, the textile enterprises' enthusiasm for purchasing Xinjiang cotton would also be reduced.

The lack of high-grade cotton makes textile enterprises increase their adaptability to machine picked cotton. Later, machine picked cotton will become a mainstream in the market.