Spinning Enterprises To Replace Raw Materials To Solve The Problem Of Bad Weather

After the Spring Festival, cotton rose from twenty-nine thousand per ton to thirty-three thousand now. The factory ex factory price is far behind the cost increase, especially for overseas orders. Facing the recent high cotton prices, the boss of a textile company in the island city has been saying that life is tough.

Beginning in early 2010, cotton prices began to rise all the way, reaching a record 33000 yuan / ton in mid November 2010, nearly two times higher than the same period. Since then, the market has become more and more worried, and the state has sold cotton reserves and other regulatory policies. Cotton prices have started to fall, and they have been hovering around 26000 yuan / ton in December.

For a long time, cotton prices began to rebound. Cotton prices rose all the way after the Spring Festival. As of March 2nd, Xinjiang lint The 328 class pickup price reached 31113 yuan / ton price, which was more than 10% higher than the end of last year. The latest offer shows that the lint price in Shandong, Hebei and other places is priced at 31000 yuan -33000 yuan / ton, which is basically flat with cotton prices in November last year.

In recent times, the price of US cotton has also been rising, and cotton futures once rose to $2.0193 / pound, a record high.

Against this background, textile enterprises dare not buy more goods. Gong Chengan, general manager of Qingdao Guihua Knitting Co., Ltd., said that since last year, the company used yarn to spin a little bit and stored up at least one or two million yuan of cotton yarn in hand, which can meet the production demand in short time. When cotton price fluctuates violently, it can also get rid of it in time.

Like He Guihua knitting, many textile enterprises in the island city have slowed their pace of buying and selling at the moment, saying that they have to wait for a few days. Some textile companies are beginning to eat old stocks.

Industry experts predict that there will be more than 6 months from the September cotton market listing, and there will be room for further increase in cotton prices in the next few months. "The demand for cotton in textile enterprises increased after the holiday, while cotton merchants spread their emotions." According to insiders, cotton prices have been rising for a long time under the combined force of multiple factors.

Imbalance between supply and demand is the main cause.

This year, cotton prices rose again, making textile enterprises unprepared. Under pressure, enterprises can not help asking why cotton prices are so volatile.

"Shortage of supply is the main driving force for cotton price rise." Jinqiao Textile Network senior analyst Wei Linyan analysis.

Reporters learned that the impact of the financial crisis in 2008 led to a downturn in the export market of cotton textiles, low cotton prices, frustrated cotton farmers' enthusiasm for planting cotton, and a reduction of 12 million 400 thousand mu in China's cotton planting area in 2009. According to the National Bureau of statistics, there was a difference of 2 million 690 thousand tons between cotton supply and demand in 2009, compared with 6 million 260 thousand tons in 2010, an increase of 3 million 570 thousand tons over 2009, and a significant gap in cotton. However, with the export of textile and garment industry recovered, the demand for cotton increased significantly.

Wei Linyan said, compared with the increasing demand, the cotton planting area is difficult to upgrade. In 2009 and 2010, the sowing area of cotton was about 74 million 250 thousand and 77 million 640 thousand mu, and there was no significant breakthrough in cotton sowing area. "The contradiction between production and demand is becoming increasingly prominent. It is generally believed that the cotton price will rise in the later stage, which will push cotton prices up."

At the same time, the international market, India, the United States and other major cotton production volume, low inventory, export restrictions. In the United States, the cotton planting area and inventory are relatively low, cotton production in India is reduced or its cotton production is reduced. Export volume It will aggravate the shortage of demand in the global cotton market. Experts believe that the consequences of such a phenomenon are that domestic imports are sluggish. Because of rigid domestic demand, the import will be sluggish, and domestic cotton will be more inadequate in the later stage, which will also cause serious imbalance between supply and demand.

Behind the rise of cotton prices is not only the shortage of supply and demand, but also the speculation of idle capital. Xun Bin, deputy general manager of Qingdao Business Department of Galaxy futures, believes that the state is regulating the real estate market. Some of the hot money has been evacuated from the real estate market, and has been pouring into the agricultural products market, including the cotton market.

Textile enterprises are actively looking for alternatives.

The rise in cotton prices has directly driven up the price of cotton yarn and cotton cloth, and the pressure of textile and garment enterprises has increased. In order to control costs, many enterprises have switched to polyester fiber and other chemical fiber as a substitute for cotton.

Xing Houxiang, deputy general manager of Tsing Lian Trading Company, said that the company has developed multifunctional cotton instead of rising cotton prices; even cotton yarn production should focus on high quality cotton yarn, the price can be 50% higher than that of low quality cotton, and the price of finished products can double, greatly increasing the added value of products and business profits. In addition, large and medium-sized textile enterprises such as hair and red spinning have also intensified their development and transformation speed, and developed high-quality chitin fibers and other alternatives.

Dong Yunliang, chairman of Jinqiao textile network, told reporters at the cotton situation forum held in Qingdao recently that because of the soaring cotton prices, according to their monitoring of more than 100 enterprises in the whole province, the proportion of cotton and fiber used by textile enterprises in Qingdao and Weifang has reached 5:5. {page_break}

According to the companies surveyed, the high price of cotton also led to the price of viscose staple fiber and polyester staple fiber. fibre The rise of raw materials has risen from several hundred yuan to more than 1000 yuan per ton, but it is enough to allow textile enterprises to use fiber materials as a weapon to cope with soaring cotton prices.

However, although all of them are studying alternatives to cotton, cotton will remain unshakable in the short term. Therefore, how to control prices from the source should be the focus of cotton spinning enterprises. Experts suggest that enterprises can enter the cotton futures market and the electronic matching market ahead of time, and lower the cotton with lower price by hedging, so as to save costs. The establishment of cotton planting base in Xinjiang and other places can not only guarantee the quantity of supply, but also save the cost of intermediate circulation.