Today'S Xinjiang Cotton Auction Offers Details Of Resources.

The national cotton exchange market is scheduled for sale in May 18th. Xinjiang cotton sells 7679.215 tons of resources, including 3372.938 tons of resources in the Xinjiang reservoir area (2556.482 tons of hand picked cotton, 13050 yuan / ton minimum bid, 816.456 tons of machine picked cotton and 12200 yuan / ton minimum bid).

387.555 tons, minimum price 13100 yuan / ton.

Resources 4306.277 tons (hand picking cotton 4090.864 tons, the lowest

12700 yuan / ton, 215.413 tons of machine picked cotton, and the lowest price is 12900 yuan / ton.

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In terms of production, the macro economy is weak, and the textile and garment industry is facing the situation of export and domestic sales stagflation.

The total export volume of textiles and clothing decreased from 11.4% in 2013 to 5.1% last year, which has shown negative growth in April.

The total retail sales of Enterprises above Designated Size declined year by year, from 27.8% in early 2011 to 7.1% in March this year.

Downstream enterprises generally do not optimistic about the future market, in order to reduce risks, enterprise orders are on demand procurement, orders substantially reduced, and mainly scattered small single.

According to some enterprises, consumption has shrunk over the past year, nearly 2/3 less than in previous years.

In this case, in order to control costs, enterprises reduce the operating rate, only six or seven of the previous year.

In addition, the spinning enterprises below 50 thousand spindles are basically in a closed state.

In terms of inventory, textile enterprises are not optimistic about the cotton market. With the purchase and purchase, raw materials inventory has been compressed from the previous half month to the current half month to one month.

Traders follow the principle of "single to single, point to point, pressure stock and cost reduction".

Spinning enterprises also try to lower the inventory of raw materials and products to prevent operational risks.

In terms of cost and profit, the cost of yarn production mainly includes raw materials, labor, electricity and so on.

Among them, the cost of raw materials accounted for about 70% of the total cost, labor and electricity accounted for more than 25% of the total cost.

In the past two years, it is difficult to recruit workers and the cost of labor is rising.

Although the price of raw materials such as cotton and chemical fiber has declined, but because the downstream consumer market is relatively weak, the difficulty of pferring costs to downstream is increasing.

As a result, the profitability of enterprises has not been greatly improved due to the low price of raw materials.

On the contrary, the downturn in the market led to a sharp shrinkage in downstream orders, and even smaller cotton mills with weak capital strength were on the verge of collapse.

Transformation of production and operation.

With the rise of domestic labor costs and the absence of quota restrictions on imported yarns, the import and export of low and medium import yarn has taken a large part in the Chinese market, resulting in the loss of the textile enterprises producing 40 yarns at home.

Under the dual pressure of rising labor costs and terminal consumption, enterprises are inclined to produce high value-added yarn and high-end fabrics with high added value. At the same time, they pay more attention to the development and production of new functional and differentiated fabrics, so as to develop new profit growth points and enhance the competitiveness of enterprises.