Monthly Report On Production Situation Of Chinese Cotton Textile Enterprises In October 2012

Project commitment: China

Trade Association

Respondents: key cotton textile enterprises in 17 provinces

In October, under the support of the state's open purchasing and storage policy, domestic cotton spot prices rose steadily, leading to a slight rise in yarn quotations.

The procurement of raw materials for textile enterprises is cautious. Some enterprises in September auction the national cotton store has been used, raw material inventory decline.

Some special product orders are relatively good, and the pressure on finished product inventory of some enterprises is slowing down.

However, the situation of enterprises shutting down and limiting production is still continuing, the output of products continues to decline, the overall sales situation is not good, and the business dilemma continues.

(1) reduction of raw material procurement quantity

In September, the national reserve cotton effectively replenish the raw material stock of enterprises. In October, the price of cotton continued to rise slightly, and the enterprises were unable to bear the high cost pressure. In addition, they hoped that the state could once again take relevant policies and measures to support the textile industry, thus reducing the purchase quantity of the new cotton spot.

At the same time, the price of chemical fiber has dropped, and the number of purchases has also declined as a result of reducing losses and buying more.

The total amount of raw materials purchased by enterprises in October decreased by 21%, of which raw cotton ratio decreased by 22.5%, chemical fiber decreased by 19.5%, and other new fiber purchases increased by 86%.

At present, there are three prices for domestic cotton raw materials, such as storage, market and import. Under the circumstances of uncertainty in the market outlook, enterprises should be more cautious in dealing with procurement in order to avoid losses, and maximize the effectiveness of the existing resources, resulting in a sharp decline in raw material inventories.

In October, the inventory of raw materials for enterprises was reduced by 13% compared to the same period last year, and the ratio fell by 4.5%.

Among them, raw cotton decreased by 15% compared with the same period last year, and the ratio decreased by 6.8%; chemical fiber decreased by 3.7% compared to the same period last year, and the growth of the chain increased by 6.5%; the new fiber decreased by 7.63% compared with the same period last year, and the ratio decreased by 10.7%.

In early October, the level of finished product inventory rose slightly after the National Day holiday.

After entering the middle and late days, some enterprises' orders increased, especially the special products such as linen grey knitted yarn and colored spun yarn. The orders were more adequate, to a certain extent, relieving the inventory pressure of enterprises, and the finished product inventory decreased, but there were still some pressure on some cotton mills.

Monitoring enterprises in October yarn products inventory decreased by 10%, of which pure cotton yarn decreased by 8.6%, cotton blended yarn decreased by 22.56%, chemical fiber yarn basically flat.

Due to foreign rigid demand, October

A small amount of replenishment has led to a slight rebound in sales of some weaving enterprises.

In October, the inventory of grey fabric decreased by 3.2%, of which pure cotton cloth increased by 2.3%, cotton blended fabric decreased by 11.7%, and chemical fiber cloth decreased by 0.7%.

10 in late mid month, although the order of some textile products increased, the trend of output decline did not change.

It is understood that most small businesses in Shandong, Henan, Anhui, Jiangxi and other places have been closed down, even though some 3-5 million ingot enterprises have low operating rates, and only about 40%.

Monitoring enterprise data shows that in October, the yarn output of enterprises was basically the same as in September. The cumulative yarn production in 1-10 months decreased by 2.1% compared with that in September, of which pure cotton yarn decreased by 2%, and cotton blended yarn decreased by about 3% compared with that of the same year.

The distribution of products was slightly better than that of yarns. The cumulative output of fabrics in 1-10 months decreased by 0.4% compared with the same period last year, of which 0.68% of pure cotton fabrics decreased, cotton blended fabrics decreased by 2.12%, and chemical fiber fabrics increased by nearly 12.05%.

Three, sales situation

Under the influence of cotton price support and short term warmer orders, yarn prices rose slightly in October, but overall sales remained unchanged.

The average price of 32 enterprises in October was 28116 yuan / ton, up 1%, up 5% compared with the same period last year, and the average yarn support continued to decline.

Judging from the yarn variety, the price of combed 40 pure cotton yarn decreased, the drop was about 1.5%, and the cotton yarn was siro spinning, ordinary ring spinning and vortex spinning.

Both fell and fell by 4%-5%; the price of cotton / viscose blended yarn increased by about 4%.

From the perspective of weaving products, the prices of most products remain relatively stable.