How Serious Is The Shortage Of Cotton Spinning Enterprises?

　　 Spinning enterprises Get Reserve cotton Is it only enough for more than a month?

Since then, people from all walks of life have Cotton price The concerns of rising and releasing have reached a climax.

In July 28th, the state reserve cotton related department held a meeting. The meeting decided that the rotation time of the cotton reserves would be extended for one month. At present, the news has been confirmed from the authoritative departments of the NDRC and industry associations, but the official documents have not yet been released.

Affected by the news, Zheng cotton fell sharply today, closing down 4.55%, trading in the market was down.

Around 22:00 p.m. that evening, CCTV's two programs invited the Secretary General of the China Federation of Textile Industry Federation and Sun Huaibin, spokesman of the China Federation of textile industry.

In recent days, CCTV has continued to pay attention to the problems such as shrinking cotton planting area, planting cotton farmers' willingness to grow, and rising cotton.

In the program, the chairman of a textile enterprise in Binzhou, Shandong, once again told the most anxious question to textile enterprises: at present, the cotton reserves of enterprises are only enough for more than a month.

How serious is the shortage of cotton spinning enterprises?

Prior to this, in July 21st held the national cotton storage related topics symposium, cotton storage time is insufficient, slow out, out of stock difficult, out of stock, margin release is not timely, high quality cotton appear gap and seriously hamper the healthy operation of textile enterprises factors were put forward one by one.

We all understand very well that freezing is not a cold day, and the solution of the problem can not happen overnight. Therefore, more than 100 textile enterprises representatives are calling for extending the storage time of reserve cotton. This is the most direct and effective measure to ensure the supply of cotton and alleviate the shortage of raw materials for cotton textile enterprises when the market is out of green.

The rotation time will be extended for one month, and the end of the previous August 31st will be extended until September 30th. This is a real solution to the urgent need for cotton textile enterprises wishing to increase the output of cotton reserves.

On the 21 day's symposium, enterprises said that the stoppage of work and vacation is not only a situation for SMEs, but also a long history and large scale enterprises. Enterprises that have never thought of stopping work have begun to consider this problem. Many textile companies also suggest that storage time should be extended to the new cotton market, or even the end of the year.

A week after the voice of the company, the development and Reform Commission, the release of cotton, that is, the release of the time to extend the news of one month, this really also let the textile enterprises heart comfort, to other related problems to set off confidence.

As of July 27th, the cumulative output of cotton reserves was 1 million 567 thousand and 100 tons, and the average daily output was about 26 thousand tons. According to the current rhythm of cotton reserves, the increase of the monthly delivery time was increased by nearly 600 thousand tons (a total of 22 trading days in September), which made the textile enterprises almost without cotton stocks relaxed.

At present, it is not clear whether the other details of the reserve cotton wheel will change, so we need to wait for the official documents to issue.

In July 21st, the China Cotton Textile Industry Association held a special symposium on matters related to the issuance of national cotton reserves. At the meeting, a questionnaire survey was conducted at the scene. 90% of the representatives of the participating enterprises accounted for more than 50% of the raw materials of cotton and had strong industry representation. The findings of the survey are as follows:

In terms of the daily volume of cotton reserves, about 80% of enterprises hope that the daily turnover will reach 50 thousand tons promised in the rules.

94%. It is considered that the deposit margin should be refunded within two days after the auction is completed and paid in full.

Bidding qualification: 100% textile enterprises require suspension of non textile production enterprises to participate in the auction of cotton reserves, and curb speculative behavior in a timely manner.

Cotton storage time: 100% of enterprises hope to postpone the release, of which 30% and 33% of the enterprises suggest that reserve cotton should be postponed to September and October, and 37% enterprises suggest that cotton reserves be normalized.

Enterprise cotton inventory: 52% of textile enterprise stock available until the end of August;

Orders: about 33% of the enterprise market orders fell significantly during the period of the reserve cotton rotation, and 52% of the enterprises were stable in market orders.

Price: under the cost push, 88% of the enterprises have to raise the price of cotton yarn, about 7% increase in the past two months, and the price of cotton yarn is not accepted by the downstream market. The proportion of cotton prices that did not rise during the cotton storage period was 88%, indicating that the cost of cotton yarn was difficult to carry back.