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Textile Market In The Southwest: Cotton Prices Are Bottoming Up And Short Rising

2011/9/10 13:35:00 67

Textile Cotton Price Is Short And Short.

First, policy underpinning support.

Cotton price

Bottom fluctuation.

In 3-8, domestic cotton prices declined from 33 thousand yuan / ton or more. In August, the miracle finally appeared: when the policy of purchasing and storage was issued, it was generally believed that the purchase price of 19 thousand and 800 yuan was completely imaginary, and cotton prices could not fall to that extent.

At that time, the general psychological price in the industry was 2.4-2.5 yuan / ton, and in the early July and early August, the price of the textile market collapsed.

The more yarn and cloth store there is, there is no sign of stabilization.

cotton

It will also fall under the price of storage and purchase. But near the end of August, new cotton picking and picking up old cotton stocks are larger than the same period of last year.

At the end of 7, in the southwest market, Xinjiang grade 3 cotton spot was 2.1-2.2 million yuan / ton, in August, the price was between 2 (public) -2.1 million yuan / gross weight (gross weight), the mainland grade 3 and Xinjiang 3 cotton prices were close to 19 thousand yuan / ton, lower than the national purchasing and storage price.

At the end of 8, the Xinjiang grade 3 cotton price rebounded and returned to 2.1-2.2 million yuan / ton, and the general estate cotton and the weak 3 grade Xinjiang cotton returned to 20 thousand yuan / ton.

In the game of cotton price, the role of policy underpinning is very obvious.

Two, the rise of petrochemical industry, boosting the price of polyester and short.

This year, although the domestic petrochemical giants have made huge profits, they always emphasize the huge losses in the oil refining sector.

Therefore, not only the price of refined oil has been raised several times, it has promoted the overall price rise.

Under the pressure of higher price of upstream petrochemical products, polyester and short also fight hard in the price seesaw battle.

At the end of 7, the price of large chemical fiber and polyester in southwest market was 13 thousand and 100 yuan / ton. In August, the proportion of polyester and cotton in domestic cotton textile raw materials has been basically stable. However, in the situation of difficult yarn stock and cloth inventory and difficult operation of spinning enterprises, the price is still rising despite the short selling trend.

In the middle of the month, large chemical fiber and polyester were between 1.33-1.35 yuan / ton, and rose to 1.35-1.37 yuan / ton at the end of the month, or up to 4.58%.

The price difference between cotton and polyester reduced from 17 thousand and 300 yuan at the beginning of the year to 7800 yuan.

Sichuan and Chongqing textile enterprises generally use chemical fiber polyester and short, the price is basically stable in the 1.13-1.15 million yuan / ton, driven by the rise of the water price, the end of the month also rose to 1.15-1.17 million yuan / ton.

Three.

Spinning enterprises

Under multiple pressures, I expect the market to pick up.

The first is cost pressure. Cotton prices continue to decline sharply this year.

Cotton textile enterprises belong to the continuous production nature, do not dare to shut down cars and stop production, and even fear the loss of personnel after stopping production. Although they control the progress of raw material procurement, but because of the longer period of time, there is a continuous price upside down, coupled with the impact of inflation, the cost is rising, and the high cost is difficult to digest.

The two is stock pressure.

According to statistics, the output of gauze in Sichuan and Chongqing areas has dropped only in four or five months, and has increased significantly in 6 and July.

Although late production can lower unit cost, raw material prices did not reach bottom until August.

According to the quotations of market member units: 8 at the end of the month, 21 cotton yarn quotes 2.75-2.85 million yuan / ton, 29.12% lower than the beginning of the year; 32 pure cotton yarn quoted price 2.85-2.95 10000 yuan / ton, 29.27% lower than the beginning of the year; 40 pure cotton yarn quoted 2.95-3.00 yuan / ton, down 28.05% compared with the beginning of the year.

T65/C35 45 polyester cotton yarn quoted price of 26 thousand yuan / ton, down 35.50% compared with the beginning of the year.

32 * 32130 * 7063 "pure cotton twill price quoted 9.50 yuan / m, 22.76% lower than the beginning of the year; T65/C35 45 * 45110 * 7663" polyester house quoted price 6 yuan / m, lower than the beginning of the year 18.82%; T65/C35 20 * XX x polyester cotton gauze card quoted yuan yuan / M, lower than the beginning of the year.

Under the attack of inflation and suppression, the market of yarn and cloth has been in a state of depression for several months.

According to the various member units, many looms are difficult to sell products on credit and loans, and can not buy cotton yarn in bulk. The yarn and cloth backlog of textile mills increases month by month, and the accumulation of funds takes place, resulting in tight funds in the industrial chain and difficult operation. Some enterprises are forced to shut down cars and limit production. In August, some textile enterprises were forced to turn off their cars and leave.

A medium-sized enterprise has been shut down for 10 days. At the end of the month, there are still some companies who are still in the process of shutting down vehicles. Although these measures can delay the pressure on inventory to a certain extent, they also pose a great threat to the survival of enterprises.

Cotton prices are basically hovering at the bottom, and many textile companies estimate that inflection point may come and expect the market to pick up as soon as possible.

But it is obvious that last year, the hot market of grabbing yarn and robbing cloth to grab cotton would never happen again.

All textile enterprises should adjust their variety structure as soon as possible, and strive to digest their stocks before and after the new cotton market.