Wuhan Textile Enterprises Respond Quickly To Cotton Price Adjustment Structure

Recently, Reporter From the textile raw materials market in Wuhan, cotton prices have been decreasing, and chemical fiber raw materials have stabilized, but there are also fluctuations. The fluctuation of textile raw material prices directly affects the price of downstream products, and affects the profitability of textile enterprises. Faced with the new difficulties, Wuhan textile enterprises have responded positively. Many textile enterprises' leaders have not lost their confidence in the fall of cotton prices. They have come up with concrete measures to reduce the impact of cotton price fluctuation on enterprises to a minimum.

"In June this year, cotton prices fell by more than 1000 yuan, from the trend, continue to see cotton prices. If cotton prices fall, the downstream products will not sell well. Now, enterprises have taken some measures: first, purchase cotton as little as possible, develop new products, replace cotton instead of cotton, two buy and throw cotton, because there are policy support; three, actively adjust product structure, make strong twist yarn, cloth, make filament fabric and so on. The market is not all products recession, as long as your product has its own characteristics, enterprises will have vitality. Wan Youshun, chairman of Wuhan Yu Da Hua group.

Speaking of cotton spinning raw materials, Liu Bin, general manager of Wuhan Jiangnan group, said: "the price of raw materials in cotton mill has affected the factory price of yarn and cloth. From the trend, cotton prices may also drop. Chemical fiber has rebounded due to the international situation, but the trend is downward. In the face of the difficult situation of textile raw material fluctuation, we first use less cotton and substitute chemical fiber instead of chemical fiber. Two, we should actively develop and increase the production of industrial cloth and make large volumes. Now the output of our industrial cloth has been 3 times more than that of the past, and the enterprise has shown a steady development trend.

　　 Wuhan One of the vice chairmen of the cotton group, Zeng Zhong, thinks that there are four major problems in China's cotton Market: first, the difference between domestic and foreign cotton is great, but not everyone can buy cheap cotton; two, the cotton purchase and sale system is not smooth; three, the quality of cotton is declining, and the mix of impurities is serious, so it is not easy for enterprises to arrange production; four, the pressure of enterprise funds is high, and the State Cotton store once stipulates that it can buy 70 tons ~80 tons, and the goods can only be mentioned after full payment. Judging from the actual situation of enterprises, this year, the price of some cotton varieties has dropped by more than 2000 yuan, not only the price has dropped, but also the quality has dropped, which has great influence on the cotton textile enterprises.

Zeng Zhong said: "now, we dare not buy more cotton, and inventory for up to half a month, because buying is a loss. In the face of fluctuations in cotton prices, enterprises have also taken some measures, such as making more military products, their prices are relatively stable. Use less chemical fiber and less cotton, such as strong yarn, core spun yarn, etc. Since the beginning of this year, the amount of cotton used by the group has been greatly reduced. In the past, cotton accounted for 70%~80% of the total production volume, and only about 40% now. After adjustment, the production and operation of enterprises are stable.

It is reported that in the purchase of cotton, many cotton textile enterprises in Wuhan are optimistic about 9~10 months this year, hoping that cotton prices will be stable and the production of enterprises will also be stable.