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    Textile Enterprises Willing To Replenishment Is Generally Not Strong.

    2014/12/15 18:11:00 18

    Textile EnterprisesWillingness To ReplenishmentMarket Quotation

    WIND latest statistics show that over the scale of October

    textile industry

    Industrial added value increased by 6.3% over the same period last year, an increase of 1 percentage points from September.

    However, judging from the trend of China's textile industry added value in the past 3 years, the added value of the textile industry is still low.

    Reporters learned that in October

    China cotton textile industry

    The purchasing managers index (PMI) was 46%, up 5.8 percentage points from September.

    The new order situation of cotton textile enterprises improved in October, which is also the main reason for the decline of yarn and grey stock in textile enterprises in October.

    Insiders said that with consumption

    Busy season

    The expected increase in the number of new orders is limited.

    In October, China exported $26 billion 538 million in textile and clothing, a decrease of 7.05% in the annulus, which has been declining for 2 consecutive months.

    At present, the consumption of cotton is not enough, and the enthusiasm of textile enterprises to replenishment is not high.

    According to the survey data of China cotton information network, as of the end of October, the stock of cotton in the textile enterprises was 482 thousand and 400 tons, up 4 thousand and 700 tons compared with last month.

    Of the surveyed enterprises, 36% reduced cotton inventories and 44% increased cotton inventories.

    It is understood that in October, the stock of cotton industry in textile enterprises increased slightly. On the one hand, before the textile mill experienced the blanking period of raw materials, most of the enterprises were short of cotton. When the new flower was listed, the new cotton replenishment stock with better quality was selected. On the other hand, in the early stage of the new flower listing, the textile enterprises went to Xinjiang to purchase high-quality new flowers, so as to prevent the quality of cotton from falling behind.

    Some analysts said that with the increase in the supply of new cotton, short-term cotton prices will also be downhill, and the downward trend depends on the willingness of buyers such as textile enterprises.

    It is understood that many textile enterprises are satisfied with the current futures price, and do not rule out the possibility of purchasing in the near future.

    Related links:

    Reporters learned that China's cotton import quota policy has tightened this year. Apart from the quota of 894 thousand tons, 1% quotas will no longer be issued, which will discourage importers and textile companies from sailing for the coming months.

    According to feedback from port traders and domestic textile enterprises, the number of cotton exports to main ports in China has continued to decrease since November, and the total volume has dropped to eighty thousand or ninety thousand tons.

    Recently, the US Department of agriculture (USDA) released the latest global cotton supply and demand report, of which 2014/15's annual global cotton production increased by 52 thousand tons, while its consumption increased by only 37 thousand tons, and the global cotton supply continued to be relaxed and the surplus was 1 million 253 thousand tons.

    In addition, USDA also raised the end of the world cotton inventory to 23 million 375 thousand tons.

    At present, global consumption is still weak, ICE contracts are expected to remain under pressure.

    Judging from the situation of China's cotton production and consumption (aside from reserve stock), China's output this year is 1 million 633 thousand lower than that of its consumption. Output outside China is 2 million 886 thousand tons higher than that of consumption, and the domestic supply and demand situation is better than that of the international market.

    According to the survey conducted by China Cotton Information Network in October, the output of cotton in China this year is 6 million 20 thousand tons, of which 4 million 80 thousand tons in Xinjiang.

    This year, weather and the implementation of direct subsidy policy and other factors, the market buying and selling rhythm has changed.

    Xinjiang was mainly affected by the weather in 9 and October, such as low temperature, rainfall and frost. The output of the northern Xinjiang decreased, and the southern Xinjiang was also affected.

    The trend of reducing production in the mainland can not be ignored.

    The proportion of machine picked cotton in Xinjiang is expected to increase further in 2015/16.


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