Hubei Textile Enterprises Are In A Difficult Position &Nbsp; Cotton Yarn Inventory Is Seriously Overloaded.

2010/12/31 15:28:00 244

Cotton Yarn Inventory In Hubei Textile Enterprises

Due to power restriction, the end of December

Hubei

Most province

Textile enterprises

In the semi - shutdown state, the stock of the garment enterprises and the grey fabric enterprises is generally large and needs time to digest.

Cotton yarn

Of

Stock

The backlog is serious, and the pressure of the cotton mill is relatively large. The weakness of the top-down sales of textile products is expected to continue until the Spring Festival.

Hanchuan, a large gray cloth business executives said, because of the backlog of gray cloth inventory in the downstream garment enterprises is serious, there are very few orders at the moment. Orders for 2-3 months now are reduced to only half a month. Enterprises can only convert part of the order production into regular varieties, but sales are not satisfactory. At present, the inventory of grey cloth is about 1 months (almost zero in previous years), and funds are occupied by large quantities.

It is understood that cotton prices were higher in 10-11 months this year. Local textile enterprises basically consumed lint stocks. Cotton prices declined sharply since mid November, and enterprises did not dare to purchase. As of now, lint inventory has been depleted, and the demand for replenishment of enterprises is strong.

Recently, cotton prices have stabilized. Enterprises with local capital strength are starting to replenish the lint inventory to cope with new year's day and Spring Festival holidays. Some enterprises say that stocks should be increased to at least March next year.