Crisis Affects Xinjiang Linen Textile Enterprises' Reduction In Production

Affected by the changes in the economic situation in the second half of last year, the linen textile industry in Xinjiang has been impacted and difficult to operate and sell.

According to the Party committee of Yili Kazakh Autonomous Prefecture, the main producing area in Xinjiang, the main business income of the local linen textile industry in the first half of 2008 was 116 million yuan, a slight increase over the same period last year, and the business situation was basically stable. In the second half of the year, the main operating income of linen textile industry was only 127 million yuan, down 40.7% from the previous year.

The three or four quarter of the peak season of production and marketing has been hit hard. Most of the linen textile enterprises are faced with the difficulties of having no market price and reducing production. Raw material prices have dropped sharply, while most of Yili's enterprises are engaged in rough or semi-finished products processing.

      國際市場訂單日趨減少，大量產(chǎn)品囤積。2009年經(jīng)營銷售將更為困難，大量存貨使其流動資金日趨緊張，融資問題難以解決，許多企業(yè)至今未與農(nóng)戶簽訂亞麻種植合同。伊犁州亞麻種植面積、加工規(guī)模近年來均居新疆之首。

Editor in chief: Xu Qiyun