Reducing Domestic And Foreign Cotton Prices To Ease Pressure On Textile Enterprises

< p > in recent years, domestic and foreign cotton prices continue to widen, the cost of raw materials in China's textile enterprises remains high, and textile enterprises operate very difficultly.

Since the beginning of this year, the state has abolished cotton temporary a href= "http://www.91se91.com/news/index_c.asp" > storage and purchase policy < /a >, and implemented target price reform. This will narrow the difference between domestic and foreign cotton prices and ease the pressure of textile enterprises.

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< p > < strong > < a > href= > http://www.91se91.com/news/index_c.asp > high cotton price < /a > difference makes the enterprise less than /strong > /p >

< p > "in recent years, the cost of raw materials for textile enterprises in China is very high, mainly due to the high domestic cotton prices.

However, the cost of raw materials of foreign textile enterprises is much lower than that of China, which directly affects the profitability of China's textile export enterprises. The difference between domestic and foreign cotton prices makes textile enterprises feel the pressure of operation.

Mr. Wang, director of a textile export enterprise in Hunan, said.

"Due to the high price of cotton at home and abroad, our orders in recent years are becoming less and less."

The head of Hangzhou light industry craft textiles import and Export Co., Ltd. said that the production lines of some factories in the company were idle in August and September, and the 7~9 months in the past are the peak period of processing and production, and there will be no idle situation.

The reason for the idle situation is that the international market was bad last year. On the other hand, the customers pferred some of the orders to Vietnam and other Southeast Asian countries.

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< p > Hunan Yintai Textile Group has started to buy a href= "http://www.91se91.com/news/index_c.asp" > cotton < /a > in other countries abroad.

Reporters learned that Hunan Yintai Textile Group has its own spinning factory, but in recent years they have to buy cotton yarn in Pakistan and India.

The cotton yarn of those countries is 12000 yuan / ton, but domestic cotton is 19000 yuan / ton, imported cotton yarn is much cheaper than domestic cotton price, cotton yarn imports are not restricted, and industrial chain is seriously hung up. These situations directly impact on China's cotton spinning enterprises.

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Zhu Sujun, director of the Department of international trade of Shanshan Group, said in an interview with the media that in recent years, the group's exports were rather bleak, the pressure was relatively large, the price was depressed, and the order volume was becoming less and less. In the past, the order of a single color was at least 500, but last year it was only 200~300. P

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< p > < strong > the target price of the purchase and storage will be reduced. < /strong > < /p >

< p > Sun Liwu, an analyst with Zhuo Chuang's information market, thinks that the cotton market which has already formed the habit of autumn storage will have a relatively obvious shock after lacking direct support policy.

In the future, domestic cotton prices will gradually move closer to international cotton prices.

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< p > industry insiders say that after implementing the target price subsidy policy in 2014, the market mechanism will lead the domestic cotton price, and the internal and external spreads will return to the year-round level.

It is understood that under the premise that China's cotton import policy has not been greatly adjusted, the domestic and foreign cotton price difference is within the range of 1000~1500 yuan / ton, and textile enterprises can afford it.

The average price of imported cotton to port is about 82 cents (by exchange rate 6.2), the discount rate is 1% yuan, the tariff quota includes tax, the port pick-up price is about 14100 yuan / ton, the sliding tax includes the tax, the fee pick-up is 14700 yuan / ton, the total tariff, the port charge is 17900 yuan / ton, and the above prediction is made. The industry estimates that the average domestic cotton price in 2014 years is larger than that in 15000~16000 yuan / ton.

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< p > < strong > temporary collection and storage policy abolished profits from textile enterprises < /strong > < /p >

< p > Jiang Hui, President of the China Textiles Import and Export Chamber of Commerce, said that the abolition of the national cotton temporary purchase and storage policy and the implementation of the target price reform will bring benefits to the industry. The narrowing of domestic and foreign cotton prices will be conducive to the enhancement of the international competitiveness of China's textile industry and the growth of the export market.

"It is good news for our textile enterprises to cancel the cotton temporary purchase and storage policy and to implement the target price reform.

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This policy of < p > will reduce the price of domestic cotton and reduce the spread of cotton at home and abroad. Our domestic textile enterprises will be able to buy Cotton with low price.

The head of a textile export enterprise in Shandong said.

"From this year, China's textile enterprises will no longer be upset by the high price of raw materials."

The head of a textile enterprise in Henan said that the implementation of the target price reform of cotton will reduce domestic cotton prices, and the gap between domestic cotton prices and international cotton prices will be smaller and smaller, and the profits of domestic textile enterprises will gradually increase.

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