Domestic And Foreign Spreads Increased By &Nbsp, And Cotton Spinning Industry Is Hard To Achieve In The Year Of Dragon.
Domestic and foreign
Cotton price
Upside down, weak downstream consumption and slowing export growth of terminal products and other factors, China
Cotton textile industry
The efficiency has been hard to achieve in 2010.
According to the data provided by China Cotton Textile Association, in 2011, the main business revenue of the industry was 15468 billion yuan, an increase of 29.5% over the same period last year. The growth rate dropped 4.34 percentage points from the first half of the year, and the total profit was 85 billion 900 million yuan, up 30% over the same period last year. The growth rate dropped 19.4 percentage points over the first half of the year.
Since 2012, the overall atmosphere of the industry has not fundamentally changed, which is mainly related to the low demand at home and abroad.
The European debt crisis is still continuing, and the economies of Europe, America and Japan are all depressed to varying degrees.
Many enterprises reflect that at present, large orders are seldom received, all of them are small and medium-sized orders.
Domestic and foreign cotton price upside down has become the most prominent problem. India, Vietnam and other countries rely on cotton yarn prices much lower than China, and occupy a lot of market share.
According to industry estimates, the price difference between domestic and foreign cotton (21240, -55.00, -0.26%) is 3000-4000 yuan / ton.
Since the beginning of this year, domestic and foreign cotton prices have dropped synchronously. However, the domestic market price is far less than that of foreign cotton.
China Textile Industry
Xu Wenying, vice chairman of the Federation, said in an interview recently that the cotton textile industry is also facing a continuous increase in production costs such as labor, electricity and capital costs. Meanwhile, the pressure on environmental protection will also increase.
Faced with the increasingly complicated domestic situation, Xu Wenying believes that changing the mode of economic development is the guiding principle for the development of the "12th Five-Year" period. Therefore, it is an inevitable trend for the textile industry to pform traditional industries by using new and high technologies, so as to raise the level of automation and raise the productivity of labor.
At the same time, we should develop the role of the textile industry in expanding domestic demand and take account of both domestic and foreign markets.
In addition, we should promote the pformation of quantity expansion to quality and efficiency, and cultivate high added products under the irreversible situation of high cotton price era.
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