China Cotton Association For Investigation In Fugou And Taikang

On May 15th -17, the China Cotton Textile Industry Association visited Fugou and Taikang in Henan, and visited several spinning enterprises in the region to understand the production and operation status of the enterprises.

Production is normal and stock is increasing.

Enterprises in Fugou and Taikang mainly produce pure cotton yarns, mainly ring spinning, and a small number of enterprises have rotor spinning, and their products are mainly exported to Jiangsu, Zhejiang and Guangdong.

At present, the production of enterprises is normal and there is no stop. However, enterprises reflect that since the announcement of the tax increase after labor day, the market confidence has been affected, the sales of enterprises have been frustrated, the inventory has increased significantly compared with the normal situation, and the downstream customers are mostly in wait-and-see state, and the number of orders is decreasing.

Improving product mix and improving product quality

To cope with the pressure of sales, enterprises have adjusted their product structure, reduced the output of medium and low spun yarn, pformed into producing high count yarn, and reduced the pressure of stock.

At the same time, enterprises further enhance product quality, strictly grasp the various indicators of products, and strive for the market with products of high quality and high price.

Enterprises proposed to turn in reserve cotton.

The research team also consulted the business proposal on the relevant policies of cotton reserves. The enterprises said that the auction of cotton reserves effectively filled the domestic cotton gap, inhibited the fluctuation of cotton prices, and protected the cotton spinning enterprises.

The enterprises suggest that the state should maintain a certain amount of cotton reserves and properly carry out the storage of cotton.