Shandong Dezhou Small And Medium Textile Enterprises Close To 50% Stop Production
Last week (July 4-10), the purchase price of seed cotton was slightly reduced in Dezhou, Shandong Province, and the purchase price of grade four seed cotton was about 4.45 yuan / kg, down 0.20 yuan / Jin compared with the beginning of last month. At present, only 4-6 enterprises in Dezhou city are still acquiring, receiving 3-5 kilograms a day.
The average local cotton farmers now
Cotton storage
The volume is around 15%, of which Xiajin county is more.
Local
lint
Sales are still slow and prices are falling rapidly.
Real estate grade four lint sale price of 21800 yuan / ton (self mention, gross weight, with tickets), lower than the beginning of last month, nearly 1000 yuan.
Most cotton enterprises have no stock in hand, and a small number of enterprises have real estate cotton, the largest number of about 700 tons.
Industry experts believe that textile enterprises are in a difficult position, cotton yarn sales are sluggish, and lint price is still reduced, but the rate will not be too great.
Local cottonseed prices fell slightly this week, around 1.45 yuan / Jin, the main reason is the decline in quality.
40% protein cottonseed meal price 2250 yuan / ton, cotton oil price 8950 yuan / ton, short lint 7300 yuan / ton, cotton skin 1750 yuan / ton.
Most cottonseed mills have been shut down because of too little cotton seed, poor quality and low oil yield.
Local
Spinning enterprises
Difficult situation, no signs of improvement, yarn prices are still slowing down, the mainstream C32S cotton yarn quotation price of 30000 yuan / ton, down a week to 500 yuan / ton.
According to the survey, at present, 50% of Dezhou's small and medium-sized textile enterprises have been discontinued, and 30% of them have limited production.
The situation of spinning enterprises is harder than that of the financial crisis in 2008.
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