China's Textile Industry Will Speed Up Industrial Transformation And Upgrading So As To Enhance International Discourse Power.

Despite the slight rise in international cotton prices, Spin The demand of the international market has improved, but China's textile enterprises still have difficulty in managing: the local cotton yarn quotation is lowered, the enthusiasm for raw material purchase is not high, and the spot price of lint is suppressed. All kinds of problems highlight that the international competitiveness of China's textile industry is gradually weakening. In the future, China's textile industry needs to further promote industrial restructuring and speed up industrial transformation and upgrading so as to enhance the international discourse power of the textile industry.

A few days ago, the domestic spot price, the price of Zheng cotton futures were stable, the cotton futures and spot prices fell, and domestic cotton yarn prices declined slightly; in June 4th, domestic cotton prices remained stable. Despite the loosening of the direct subsidy policy, it is expected that this year's cotton textile business will be more difficult, more complex and more turbulent than it was last year because it has not yet been implemented and the price of the purchase and storage is unchanged.

The spot price in the domestic market is more stable, and the quotation for the downstream yarn market continues to decline slightly. Under the condition of lack of confidence in the market, the enterprises are more cautious about raw materials inventory, basically adopting the policy of "buying and selling with the purchase", and continuing to store and keep the cotton prices falling, so the cotton price pressure will gradually appear.

China's main export quotas for imported cotton rebounded strongly, and most varieties quoted prices rose more than 220 points.

Judging from the market situation, the Cotton Traders' forward sales of new cotton have been increasing gradually under the condition of tight market resources this year.

At present, the sharp rise in cotton prices is related to the external environment on the one hand. On the other hand, some varieties have reached the expectation of textile mills after a long period of decline, and downstream demand has improved. Insiders said that the future trend of cotton prices and textile mill procurement can keep up with the close relationship.

The demand for textile industry in the international market has improved compared with last year. Data show that China's textiles in the first 4 months clothing Exports amounted to US $82 billion 535 million, an increase of 16.24% over the same period last year. Among them, clothing exports were faster than textiles, clothing exports amounted to $48 billion 271 million, an increase of 19.87% over the same period last year. From the data point of view, the export price of clothing in April increased by 11.83%, and the number of garment exports increased by 7.19%.

Although the international cotton prices have risen and the demand for the international market has improved, the textile enterprises are still in a sluggish business. Local cotton yarn quotations have been lowered, enthusiasm for raw materials procurement is not high, and the spot price of lint has been suppressed. According to China's cotton net data, the mainland's 428 grade lint purchase price is near 18674 yuan / ton, showing a downward trend, matching market pressure, and rising strength is limited. It is expected that the weak trend will still be dominated in the short term.

Gao Yong, Secretary General of China Textile Industry Federation, said at the 2013 China International Textile raw materials market conference that China's textile industry's competitiveness in the international market began to decline due to the constraints of raw materials and labor costs.

Raw material is a fundamental problem affecting textile development. China's temporary cotton purchase and storage policy has ensured the interests of cotton farmers and stabilized the domestic cotton prices. However, the spread of cotton prices at home and abroad has greatly affected the competitiveness of the textile industry. In particular, small and medium sized enterprises, mainly cotton spinning, face particularly outstanding survival difficulties.

Domestic and foreign cotton price spreads will widen the competitiveness of China's textile industry. Insiders pointed out that the difference between domestic and foreign cotton prices is less than 2000 yuan per ton, and can also be hedged by technological progress and variety development. Once cotton price spreads to 4000 yuan or more per ton, it will be difficult to make up for it in other ways.

Facing the problems of the decline of the international market share of cotton products in the textile industry, the reduction of production and production, and the decline of efficiency, the industry experts pointed out that the serious gap between the upstream raw material supply management system and the downstream market competition mechanism is the root cause of the problem. The state should promptly adjust and introduce relevant policies, speed up the reform of the cotton circulation system, improve the cotton macro-control mechanism, and achieve the marketization of cotton prices both inside and outside. While encouraging enterprises to continuously innovate and speed up adjustment, they should also solve the problem of raw material supply as soon as possible, and ensure the smooth development and smooth transformation of the industry.