Cotton Textile Industry Will Usher In Spring This Year?

After the Spring Festival, the whole

It's not good.

However, there are market participants believe that the current cotton industry chain is being pformed, is the so-called "Phoenix Nirvana, bath and rebirth".

It will usher in spring this year.

We noticed that the cotton market after the Spring Festival fell sharply.

In February 29th, Zheng cotton's main contract CF1609 closed 9990 yuan / ton, successfully cracked 10000 yuan / ton pressure line, and March 1 daily closed 10045 yuan / ton, although recapturing some land lost, but the market pessimistic atmosphere is still hard to suppress sales.

The electronic disk is charging ahead and the spot is following.

In March 2nd, some cotton enterprises in Shandong reflected that the spot price of cotton has dropped to 1000 yuan / ton since the beginning of eight. At present, the mainstream price of 3128B grade lint is only around 12200 yuan / ton, and few people ask for it.

Some market participants expect that 12000 yuan / ton of cotton is not the bottom, and the possibility of spot breaking 10000 yuan / ton is also great.

"The cost of raw materials has dropped significantly, and cotton spinning enterprises are expected to turn losses into victory."

The manager of a textile enterprise in Shandong, Zhao, said that their factories were mainly made of conventional yarns, taking the combed 32S as an example. Cotton accounted for 65-70% in its cost structure. Spinning a ton of yarn required about 1.15 tons of cotton. The cotton price of 12000 yuan / ton was converted to cotton, and the raw material cost of cotton yarn was 13800 yuan / ton, plus electricity and manual and machine wastage. The cost of cotton yarn was about 19700 yuan / ton.

"In fact, after technical pformation, coupled with the reduction of manual cost reduction, the cost of one ton of yarn is now about 19500 yuan.

At present, the sales price of 32S in the the Yellow River basin market is 19500-19700 yuan / ton, which is on the profit and loss line. If the cotton is reduced to 10000 yuan / ton, the cotton textile enterprise will be able to make a comeback.

Zhao said.

In addition, it is understood that 1-2 months in 2016, the cotton and outer yarn of the port are facing serious sales and losses.

Cotton,

The cost advantage is no longer in place, orders are substantially reduced, and more than 80% of traders are planning to switch to other businesses.

Therefore, it is expected that the number of imported cotton will continue to decrease in 2016, and the growth of imported yarn will also decline.

Cotton prices in the domestic market have been falling all the way, and the threat from the import market is also decreasing. The pattern of the cotton textile industry chain is changing. Changes will bring pains. Fortunately, we are already on the road, believing that the days behind will get better and better.