Operation Analysis Report Of Cotton Textile Industry In 2015

In March 23rd, "Chinese cotton in 2016".

The industry situation analysis conference was held in Wuhan. The theme of this session is "innovation and development". The agenda for the two day will revolve around the pformation and upgrading of textile enterprises, product mix adjustment and technological pformation.

Processing and other issues.

With the reform of cotton control policy in China, cotton process, import yarn and foreign trade trend have become the concerns of the industry.

In order to enable enterprises to clarify policy trends, grasp market information and strengthen exchanges and interaction between upstream and downstream enterprises, China Cotton Association has convened this meeting.

[conference site]

The meeting was attended by nearly 200 people. At 23 o'clock on the morning of 9, the meeting was convened on time.

Pan Shuhua, Secretary General of Hubei Textile Industry Association and general manager of meerya Futures Co., Ltd., delivered a speech. Then Wang Changsong, vice president of China Textile Industry Federation, made a speech entitled "analysis and Prospect of textile industry development in the supply side reform", and introduced the key development tasks and key projects of the spinning and weaving industry.

Key tasks of the textile industry:

Scientific and technological innovation: improving the technological innovation system, strengthening basic research, strengthening the innovation and application of textile materials, and promoting intelligent manufacturing by distribution.

Construction: enhance the ability of creative design; create healthy brand ecology; cultivate famous products, enterprises, regional and international brands.

Ecological Civilization: popularizing green weaving technology, developing green products, and establishing recycling system of waste fiber products.

Industrial layout: speed up the optimization of domestic regional structure, promote the establishment of a pnational industrial layout system, and speed up the upgrading of industrial clusters.

Enterprise structure: strengthen and expand advantageous enterprises, develop textile pnational groups, promote the service of textile enterprises, and strengthen enterprise management innovation.

Talent training: optimize the talent cultivation system; build multi-level talents; improve the talent management and service mechanism.

At 9:50, Ouyang, deputy director of the China Cotton Textile Industry Association Research Department, reported the 2015 cotton textile industry operation analysis report.

1. yield

The supply and demand structure of raw materials: cotton processing volume was 6 million 570 thousand tons in 2015, down 4.9% compared with the same period last year, and the processing volume of short fiber for cotton spinning was 12 million 600 thousand tons, an increase of 0.8% over the same period last year.

Production and output of gauze: in 2015, the national yarn production was 18 million 430 thousand tons, down 1.3% from the same period last year, and 58 billion 500 million meters, down 2.5% compared with the same period last year.

2. market prices

Cotton prices: domestic cotton prices slow down in the first three quarters, near new cotton listing, prices accelerated downward; to mid October, with the new cotton inspection data released, the national cotton production and quality decline, the quality of cotton prices rise; with the balance of supply and demand of cotton, prices upward pressure, before and after the Spring Festival, prices are affected by the impact of storage and storage, and continue to remain weak.

The price of chemical fiber staple: from the third quarter of 2015, the price of viscose staple fiber climbed rapidly, and exceeded cotton, the price of PET staple fiber was affected by oil price, and the downward trend was weak. After the end of October, with the full release of demand, production and demand were balanced, viscose staple fiber prices dropped rapidly, polyester staple fibers accelerated downward, and in 2016, the prices of chemical fiber staple fibers were warmed up, of which viscose staple fiber prices exceeded cotton again.

Pure cotton gauze price: domestic cotton gauze price continues downward, moderate price is suppressed by imported yarn.

Imported yarn gradually increased the price of domestic high count yarn, and imported yarn prices slightly recovered in 2016, and prices approached domestic prices.

3. trade situation

Export growth slowed down: in 2015, China's cotton textile and apparel exports totaled 88 billion 200 million US dollars, down 8% compared to the same period last year, accumulative total imports of US $10 billion 500 million, an increase of 0.7% compared with the same period last year. Under the influence of exchange rate and domestic policies in Japan, exports to the EU and Japan declined significantly; export ASEAN declined slightly; the consumption demand in the US market resumed and exports maintained positive growth; cotton textiles imported from ASEAN grew rapidly and accounted for 1/4 of total imports.

The proportion of import and export trade in processing trade has declined: in recent two years, the decrease in trade volume of cotton textile products processed by processing trade is related to strict regulation of processing trade. The rapid decline of cotton trade volume imported by processing trade is mainly due to the sharp reduction of cotton quotas.

Exports of cotton fabrics: slight increase in the second half of the year: cotton fabric exported 831 thousand tons in 2015, down 0.9% compared with the same period last year.

In January, the export of cotton fabrics was 780 million meters, a slight increase compared with that in December. China's exports of cotton fabrics were lower in price and international competitiveness, and exports were widespread, mainly in ASEAN and African countries.

Cotton: cotton and cotton imports increased rapidly: in 2015, China imported 1 million 475 thousand tons of cotton, a decrease of 40% compared to the same period last year. In January, 96 thousand tons of cotton were imported, which decreased by nearly 50% compared with 12 in January, down by 40% over the same period.

{page_break}

4. tracking enterprise operation quality and efficiency

Prosperity index: full year recession

In 2015, the cotton textile industry's annual prosperity index was in the 45-50 interval, indicating that the industry was in short supply: the whole year only had a good boom in April. Since the fourth quarter, the operation of enterprises has stabilized, and the prosperity index has slightly risen; in the first two months of 2016, due to the impact of spring, the industry is still in recession.

Track the economic benefits of enterprises: steady and good

In 2015, the main business revenue of the backbone enterprises of the association grew year by year, the deficit area narrowed by 6.62 percentage points compared with the beginning of the year, and the profit rate of tracking enterprises was higher than the average level of the industry.

The overall profit margin rose overall.

In the first two months of 2016, the main business revenue and profit margin increased year-on-year, and the deficit was narrowed compared with the same period last year.

Tracking enterprise operation quality and efficiency: low output growth

The output data of the backbone enterprises that the association tracks is slightly better than that of the whole country, tracking the low speed growth of enterprise yarn production, an increase of 1.65% over the same period in 2015, and the year-on-year growth rate of the whole year as a whole has dropped.

Problems in development:

1. the high labor cost is irreversible: the cost of raw materials is 60%, 70%, the labor cost is 10%-15%, and the energy cost is 10%.

2. dyeing matching is limited: the added value of the yarn dyed fabric is high, but the demand for dyeing and sewage is large. Due to the limited emission index, the development of dyeing links is slow, and the cost of dyed cloth increases correspondingly, which restricts the further expansion and upgrading of manufacturing capacity.

3, the high cost of financing: in the visiting enterprises, most enterprises own funds accounted for more than 70%, textile enterprises financing high threshold, high interest rate, in the industry development situation is not optimistic, the Bank urged to repay loans, increase enterprise capital risk, and even some enterprises shut down and shut down.

4. the pfer of production capacity and import yarn: the impact of the development of Xinjiang's textile industry on the mainland's textile industry, and the price of imported yarn on domestic yarn.

5. regulation of processing trade: Customs control measures lag behind market changes; processing trade exports to domestic sales procedures are cumbersome.

Recommendation:

1. simplify the cotton value-added tax deduction procedure and adopt the "sight deduction" method.

2., we should relax the import of cotton and realize the full marketization of cotton supply.

3. national policy guidance, from the seed R & D, planting, processing and circulation of cotton quality, fundamentally solve the current structural contradictions between the supply and demand of cotton;

4. it is recommended that all weight and quality indicators be checked before the national cotton store is put into operation.

5., government finance and taxation should be tilted to the labor intensive textile industry to ease the burden of enterprises, such as reducing the cost of electricity charges;

6., it is suggested to simplify the export supervision procedures for processing trade and facilitate the processing trade export to domestic sales procedures.

5. development trend

1. speed up the optimization and upgrading of production capacity.

In the future, the new spinning equipment, which is mainly composed of compact spinning and jet vortex spinning, will gradually grow to the direction of automation, intelligence and information technology.

2. accelerate the pformation of product mix.

In the future, spinning and weaving enterprises will take innovation and research as the main direction of public relations, increase product differentiation and functionalization, and increase the added value of products, in particular, focus on the development and application of non cotton fibers, and open up new markets and new fields.

3. speed up the integration of cotton textile upstream and downstream industry chain.

Cotton textile upstream and downstream cooperation should be strengthened to form a docking between market analysis, product development, channel management and publicity, so as to achieve smooth production, sales and marketing.

4. domestic cotton textile production capacity is facing structural jump frames.

To speed up the optimization and arrangement of resources, the regional layout will be further optimized. At the same time, the industry encourages cross border operations and overseas mergers and acquisitions.

Some cotton textile production capacity in China has gradually shifted to the international market and become the trend of the development of enterprises. The use of international resources and advantages to participate in market competition.

Ouyang Xia Zi introduced the operation of the cotton textile industry in 2015, and put forward suggestions and trend forecasts for the development of the cotton textile industry in 2016. Subsequently, Xiao Fang, chairman of Wuhan silver Peng Holdings Limited, spoke on the stage and introduced the related contents of using cotton futures warehouse receipt resources to serve the textile enterprises.

Today's meeting will also hold two special forum on "cotton textile enterprise innovation and development", "cotton and cotton textile market in the supply side reform", respectively, on cotton textile product technology innovation, new cotton textile products market promotion, differential fiber development, cotton processing trade and other related topics. Wuxi's general manager Zhou Yejun, Hengfeng Group Chairman Su Jianjun, black peony group Zhu Rongping, Shanghai De Fu Lun Chemical Fiber Co., Ltd. Kong Caizhen minister, Tongxin textile machinery (Wuhu) Co., Ltd. Liu Tao general manager Liu Tao and other industry celebrities to participate in the discussion.