Textile Enterprises To Reduce Costs, Performance Is Expected To Become Thicker

In August 31st, the national cotton throwing and storing work was about to end.

Affected by the futures market, the industry expects that the price of the new cotton market will continue to drop to around 15000 yuan / ton or even lower, which is a great benefit to the cotton textile industry to reduce costs, enhance the competitiveness of textile enterprises, and promote the export of textiles.

"Because of the reduction in the price of national dumping and storage and the implementation of the Cotton Subsidy Policy in the new year, the cost of domestic cotton enterprises has obviously decreased and profits have rebounded."

Huang Shanghai said that, from the difference between domestic and foreign cotton prices, domestic cotton is 3000 yuan / ton higher than 1% tariff - imported cotton, and the domestic textile enterprises are basically competitive with foreign competitors.

Public data show that in 1-6 months of this year, there were more than 3.8 scale nationwide.

The total realized main business revenue was 3 trillion and 100 billion yuan, an increase of 8.5% over the same period, and realized a profit of 147 billion 700 million, an increase of 11.8% over the same period last year.

In the first half of this year, Xun Xing shares, whose net profit increased by more than 40%, said in a semi annual report that the low cost of the main raw materials in the first half of the year helped companies to digest the pressure of rising labor costs.

However, the current

Economic operation is still facing a series of pressure.

"Although domestic cotton prices have been lowered, international cotton prices have also been lowered.

Although the price gap has narrowed, it is still at a high level, leading to the weak competitiveness of domestic textile enterprises.

At present, the operating rate of large enterprises is still small, and the operating rate of small enterprises is reduced, partly because of the order problem, partly because the right raw materials are hard to find.

Huang Shanghai said.

According to the industry survey, most textile enterprises are pessimistic at present. It is expected that mid August to October will increase the number of textile enterprises that stop production or shift production capacity, which will have an adverse impact on the integration of new and old cotton prices.

At the same time, it is pointed out that at present, the problem of high quality and low quality of national cotton reserves is still outstanding. At present, the high quality cotton in the market is scarce. The price of domestic labor, textile raw materials and other factors has generally risen, and the cost of textile enterprises has become more and more serious. The survival and development of small and micro enterprises have become more prominent.