September 17, 2012 Cotton Latent Market Upgrading To Enhance Competitiveness

Cotton spinning: spot Spin The purchase volume of enterprises is decreasing with buying and buying. The main reason is that the stock market is out of stock. At present, the futures warehouse has 48 thousand tons of cotton, and the 4 level warehouse receipt is 428 yuan at the disk price of 18300 yuan / ton, which is higher than the reserve cotton price 300-400 yuan / ton, and it is obviously not competitive.

Cotton yarn: Shandong market cotton yarn overall price is stable, a medium-sized cotton mill is now highly matched 21S reported 27000 yuan / ton, 32S reported 28500 yuan / ton, the price has not changed greatly. The market in Shengze is stable, and the trend of individual varieties is rising. Sales volume of J21S and 32S is still acceptable. Other specifications are relatively light. The price of Guangdong is relatively stable. A medium-sized cotton mill in Henan is now combing 32S for 30500 yuan / ton, and 40S for 31500 (Bao Piao) yuan / ton, the atmosphere is worse than before. The downstream weaving enterprises are in a stable situation. During the off-season, the enterprises have seen more and more production cuts. At present, the start-up rate is slowly recovering, but the losses are still widespread. Individual enterprises are making a profit, especially home textile enterprises and cotton elastic fabrics. According to the reaction of many enterprises, the business condition of this year is slightly better than that of the conventional variety enterprises. There are plenty of individual funds, and the enterprises are improving the equipment, or purchasing and installing more advanced equipment.

Data view: China chemical fiber The output of yarn, cloth, woollen, silk and clothing ranks first in the world. It is the largest producer of textiles and clothing in the world. In recent years, although China's textile and garment industry has been affected by the slow recovery of global economy and the lack of demand in the post crisis era, production speed has gradually slowed down, but the textile production capacity of textile enterprises above designated size is still strong. According to the data of the National Bureau of statistics, in 2012 1-6, China's textile enterprises above Designated Size accumulated 18 million 840 thousand tons of chemical fiber, an increase of 15% over the same period last year. The total production of yarn was 15 million 80 thousand tons, an increase of 13% over the same period last year, and the total production volume was nearly 30 billion meters, up 12% over the same period last year. Under the impetus of the regional structural adjustment of investment, the textile industry in the central and western regions has developed. It is estimated that during the "11th Five-Year" period, the average annual growth rate of industrial output value of textile enterprises above Designated Size in the central and western regions was 27% and 25% respectively, while the average annual growth rate in the eastern region was 16%. The proportion of output value of the central and western regions to the total industrial output value of the whole industry is also increasing year by year. According to the statistics of National Bureau of statistics, in 2012 1-6, the total output value of textile industry in the central and western regions of China accounted for 19% of the national total, which was 1.2 percentage points higher than that of the same period last year. The development of domestic market has become the main driving force. With the rapid development of China's economy and the gradual increase of residents' income, China's residents' textiles clothing Consumer demand has increased rapidly. According to relevant data, from 2005 to 2010, China's per capita consumption of clothing and clothing increased by an average of 15% per year.