China Cotton Association: Cotton Textile Enterprises Run Smoothly

In September 2016, cotton textile enterprises ran smoothly, the price of cotton was more stable, the price of non cotton staple fiber fluctuated greatly, the profit of the order was lower, the textile exports resumed, and the yarn and fabric storage pressure was bigger.

In August, textile production gradually stabilized, but because of the large fluctuation of raw material prices, yarn and cloth pricing was more difficult. Sales were affected to varying degrees, resulting in greater inventory pressure. Tracking data showed that yarn and cloth inventory increased by 2.3% and 0.02% respectively.

Expected to enter the peak season in September, product inventory will decline.

In August, the state announced that the storage time of cotton was extended to August 31st, and the supply of raw cotton increased, thus easing the contradiction between supply and demand of cotton. The price of cotton gradually decreased, and the auction amount of non textile enterprises decreased significantly, and the turnover rate of cotton reserves decreased.

In August, the last month of cotton storage was put into operation this year. Textile enterprises actively purchased raw cotton and increased their inventories.

Tracking enterprise data shows that raw cotton purchases and inventories rose by 4.08% and 0.42% respectively.

In September, the spot price of cotton gradually dropped and callback. As of 20 days, the price was 14450 yuan / ton, and the price difference between inside and outside was about 1240 yuan / ton.

The turnover rate of cotton reserves gradually increased, and as of 20 days, the total turnover was 2 million 380 thousand tons, with a turnover rate of 100%.

On the one hand, September is the peak season for traditional production.

Well prepared; on the other hand, the probability of higher prices in the early stage of new flower listing is greater, while the reserve cotton prices in September are relatively stable, and many enterprises intend to strengthen their cotton reserves.

In August, the price of non cotton staple fiber fluctuated greatly, and the procurement of enterprises was cautious and inventory was low. Tracking data showed that the purchase volume and inventory volume of non cotton fibers decreased by 6.82% and 5.84% respectively.

After entering the September, oil prices once again increased and then dropped, with a maximum amplitude of 10.3%.

As of 19 days, the offer was $43.44 / barrel.

The price of polyester staple fiber continued to drop, as of 20 days, 1.4D direct spinning polyester short quotation of 6755 yuan / ton, down 1% in September.

The mainstream viscose staple fiber supply did not meet expectations, and prices steadily strengthened. As of 20 days, the quoted price was 16800 yuan / ton, and the price per ton was about 2360 yuan higher than that of cotton.

Non cotton fiber

With huge fluctuations, enterprises will continue to keep their low inventory with the purchase and use.

In August, cotton prices were lower, orders were less, and profits were lower. First, cotton purchased at high prices by the spinning enterprises was digested by reducing profits. On the other hand, cotton entered a downward channel, and the downstream orders were more cautious.

Tracking data showed that yarn and cloth output fell by 0.36% and 0.22% respectively.

Entering the September, with the cotton spot prices getting warmer, many enterprises indicated that the order increased and the operating rate was higher.

According to customs data, in August 2016, China's textiles

Exports amounted to US $27 billion 933 million, a year-on-year increase of 10.08%, down 3.1% from the same period last year.

Among them, textile exports amounted to US $10 billion 246 million, an increase of 5.19% over the same period last year, and clothing exports amounted to US $17 billion 686 million, down 7.34% from the same period last year.

The increase in textile exports will further stimulate domestic production to pick up.

In August, the price of cotton yarn and cloth fell, and sales were blocked. The sales of pure cotton yarn and cloth fell by 4.87% and 5.73% respectively, according to the tracking data.

In September, cotton prices gradually stabilized. As of 20 days, the price of pure cotton yarn and cloth was 21505 yuan / ton and 5.581 yuan / meter, which all dropped slightly 0.3%.

Entering the September, the price of chemical fiber staple is still fluctuating. Among them, polyester and short yarn and cloth are affected by the fall in oil prices and the price is downward. As of 20 days, CY T32 quoted 11250 yuan / ton, 9 fell 1.7%, viscose yarn and cloth were sticky short, and the contradiction between supply and demand continued to impact. The price was higher. As of 20 days, the price of CY R30 and CG R30 were 20850 yuan / ton and 4.67 yuan / meter, respectively, up 1.7% and 0.4% respectively.