Monthly Report On Production Analysis Of Cotton Textile Enterprises In China (January 2012)

Project commitment: China Cotton Textile Industry Association tracking target: 17 provinces, autonomous regions and directly under the cotton textile enterprises

China Cotton Textile Industry Association's tracking survey of some cotton textile enterprises showed that 2012 cotton textile industry continued to be weak in 2011, and the production and marketing were not strong, and the demand was insufficient and holidays and other factors. In January, the enterprises were not active in the replenishment of storehouses, raw material inventories decreased year by year, output fell, and finished goods inventories increased. decline Corporate earnings have not improved significantly.

I. enterprise inventory

(1) the reduction of raw material inventories has slowed down.

In January, most enterprises were cautious about raw material procurement, while raw cotton inventories continued to decline compared with the same period last year.

Cotton textile inventories surveyed in January dropped by 3.44% compared with the same period last year, while chemical fiber staple decreased by 16.8% while other fibers decreased by 2.2%. The total inventory of raw materials decreased by 4.38% compared with the same period last year, and the decrease was narrower than that in December last year, and the stock days were about 27 days.

(two) inventory growth of finished goods is down.

At present, domestic and international demand has declined, orders have been reduced, sales have been blocked, and finished goods inventories have increased year by year, especially cotton prices fluctuated sharply last year. Some enterprises have increased appropriately according to market demand in order to avoid risks. chemical fiber Dosage, at present, the backlog of chemical fiber products is serious.

In January, the inventory of pure cotton yarn in cotton spinning enterprises increased by 2.8%, cotton blended yarn increased by 21.2%, and purified yarn yarn inventory increased by 76.9% over the same period last year. The total yarn inventory increased by 13.9% over the same period last year, representing an increase of 30 percentage points lower than in December. The inventory of cloth products increased by 33.3% compared with the same period last year, and the growth rate decreased. The inventory of purified fiber cloth increased by more than 1 times.

Two. Production situation

(1) output

Market demand is not strong, coupled with more holidays in January and longer vacation time, the output of yarn and cloth has declined.

In January, the yarn output of enterprises surveyed decreased by 14.6% compared with the same period last year, of which pure cotton yarn decreased by 17.1%, cotton blended yarn increased by 15.7%, purified yarn decreased by 18.9%, and cloth production decreased by 21.8%.

Judging from the proportion of yarn production, the proportion of pure cotton yarn in January was 79%. market And sample double factors, compared with the same period last year dropped 4.2 percentage points, cotton blend accounted for an increase of nearly 4 percentage points.