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    Survey Report On Cotton Textile Enterprises: Weakening Of Textile Market And Decline In Production And Marketing (May 2019)

    2019/6/15 15:00:00 99

    Cotton Textile EnterprisesTextile Market

                                                                         

         

    Project commitment: Beijing cotton outlook Information Consulting Co., Ltd.

    Respondents: cotton textile enterprises in Xinjiang, Shandong, Hebei, Henan, Jiangsu, Zhejiang, Hubei, Anhui, Jiangxi, Shanxi, Shanxi, Shanxi and other provinces and autonomous regions.

    In May, the textile market weakened, raw material prices fell sharply, downstream orders decreased significantly, cotton mill finished product inventory increased, business pressure increased, and production increased.

    According to the China Cotton warning information system, the survey of 90 fixed-point textile enterprises in the country showed that raw material inventory of textile enterprises decreased, textile production and marketing decreased, yarn inventory and cloth inventory increased.

    First, the decline in textile production and sales.

    In May, textile production and sales declined compared with last month.

    According to the survey, yarn production decreased by 4.1% compared with the same period last year, down 5.2%, of which: pure cotton yarn accounted for 70.2%, a decrease of 0.9 percentage points from the previous month; the proportion of blended yarn and chemical fiber yarn was 29.2%, an increase of 0.9 percentage points from the previous month.

    Cloth production decreased by 3.2%, down 3.8% compared with the same period last year, of which cotton percentage was 0.7 percentage points lower than that of last month.

    Yarn sales rate was 70.6%, a decrease of 7.3 percentage points from last month.

    Yarn inventory in textile enterprises is 30.6 days, up 6.8 days from last month.

    Grey cloth inventory for 34.1 days, an increase of 34.1 days from last month.

    Two, both inside and outside yarn prices fell.

    Cotton prices continued to drop inside and outside this month.

    According to the survey, the average price of 32 domestic pure cotton yarn in May was 22690 yuan / ton, down 370 yuan / ton, or 1.6%, down 666 yuan / ton compared with the same period last year, or 2.85%; the average monthly price of imports of 32 pure cotton yarn was 22521 yuan / ton, down by 206 yuan / ton, or 0.91% yuan, down by 884 yuan / ton compared with the same period last year.

    Sales of cotton yarn were slow this month, the stock of finished products in the cotton mill increased, and the external quotation was greatly reduced.

      

    Three, raw material inventory decline

    Cotton futures and spot prices fell both this month, and the price advantage of the reserve cotton wheel was bigger, and the spot market was deserted.

    By the end of May 31st, the stock of cotton in the textile enterprises was 751 thousand and 600 tons, 35 thousand and 200 tons lower than the end of last month, a decrease of 20 thousand and 500 tons compared with the same period last year.

    Among them: 41% of enterprises reduce cotton inventories, 12% increase inventories, and 47% remain basically unchanged.

      

    The cotton structure of textile enterprises is relatively stable.

    1. textile enterprises used Xinjiang cotton accounted for 80% of the total cotton consumption, an increase of 1.62 percentage points from the previous month, an increase of 4.05 percentage points from the same period last year. Among them, the reserve accounted for 10.71% of Xinjiang cotton, and the proportion of Xinjiang cotton accounted for 89.29% this year.

    2. the proportion of textile enterprises using real estate cotton is 8.2%, which is 1.98 percentage points lower than that of last month.

    Among them: the proportion of reserve real estate cotton is 10.38%, and the proportion of real estate cotton is 89.62% this year.

    3. the proportion of imported cotton used by textile enterprises was 11.8%, a decrease of 1.4 percentage points from the previous month, an increase of 0.31 percentage points over the same period last year.

         

         

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