Why The Big Textile Enterprises In Hubei Are In A Better Position?

It is reported that inside and outside

The narrowing of the gap has enhanced the competitiveness of Hubei textile enterprises, and the production and operation of enterprises have improved.

At the same time, some enterprises strive to improve the quality of products, mainly focus on the production of high count yarn and special yarn.

The production and operation of enterprises are divided.

"We have reached 60 tons of cotton per day and over 30 thousand tons of cotton per year. At present, the operation is in good condition and the production schedule has been scheduled for June."

Ye Qing, general manager of Hubei Galaxy textile Limited by Share Ltd, told reporters that the company's good production and operation conditions were summed up for three reasons: first, the formation of a complete industrial chain, covering from cotton cultivation to cotton yarn production, greatly reducing the cost; two, paying attention to customer relationship cultivation and having stable customer resources; three, focusing on product upgrading and reducing production costs, and the utilization rate of cotton was around 1.35.

Ye Qing said that at present, the 32 carpets of the combed cotton are the worst profit, and the combs are 21.

The profit is high, among which, the price of airflow spinning of cotton processing and production using wastage reaches 9000 yuan per ton.

Some cotton enterprises in Hubei have improved their production and operation situation, from the Yangtze futures market

Analyst Huang Shanghai can also perceive one or two in his recent research.

Huang Shanghai told the futures Daily reporter that a company that used 10 thousand tons of cotton and used all cotton picking cotton in Xinjiang for the whole year, the price of the 32 cotton spun yarn produced by the company was 22800 yuan / ton, the price of the combed 32 cotton yarn was 27000 yuan / ton, and the 40 combed cotton yarn was 29500 yuan / ton, and the profit of cotton yarn was at least 3000 yuan / ton, after deducting the cost of installation, loss of water, electricity, gas and cotton.

At present, large textile enterprises in Hubei are beginning to enter the spring, but the small and medium-sized textile enterprises are still cold.

Yip told reporters about the reasons for this. First of all, the production of small and medium sized textile enterprises did not adapt to market changes, and produced large quantities of low-grade cotton yarns. In the face of fierce competition from external yarns, profits were very few. Secondly, the funds of the entities were tight, the cost of capital was high, the labor cost increased, and the operating costs of enterprises were higher. Finally, the whole industry chain was tight at the moment, and the downstream payment was slow, leading to the yarn even having book profits, but it was difficult to cash in, which aggravated the financial strain of enterprises.

According to Huang Shanghai's research, the current small textile enterprises in Hubei are not operating at high rates.

Over the past few years, due to the extrusion of imported cotton yarn, many small cotton yarn enterprises have gone bankrupt.

Look forward to early listing of cotton yarn futures.

Cotton futures have been listed for more than 10 years, and many cotton companies involved in Hubei have accumulated more experience, thanks to the deep plowing of Zhengshang and Futures Company.

Take the Yangtze River futures as an example, the company combines the actual situation of Hubei Province, and goes deep into the management and management process of many cotton related enterprises, analyzes operational risks, improves the internal control process, designs the hedging scheme, and helps enterprises to apply for delivery warehouses and factory depots.

"Cotton futures have played a great role in the smooth operation of enterprises.

The price of yarn finished is also fluctuating. If cotton yarn futures are listed, hedging can be achieved through futures market.

Ye Qing told futures daily that at present, the sales of ordinary cotton yarn market is not satisfactory, and the downstream customers are slow to return money.

If delivery is made through futures market, it can ensure timely repayment and less capital occupation, which is very attractive to enterprises.

Ye Qing hopes that Zheng can be based on Hubei.

The position of the province and the enthusiasm of textile enterprises to participate in the futures market are considered to set up a futures warehouse and warehouse for cotton yarn in Hubei.

For now, Hubei has not become the site of the first batch of cotton delivery plant in Zhengshang, and there is no warehouse delivery yet.