September 2019 Cotton Textile Enterprises: Slightly Warmer Market, Yarn Inventory Decline

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.

Entering the traditional peak season of textile industry in September, the market as a whole has been warmer, customers' enquiries have increased, and actual orders have improved since last month. According to the cotton warning information system of China, more than 90 fixed-point textile enterprises nationwide have shown that textile production has increased slightly, raw material inventories have increased slightly, yarn stocks have dropped, and cloth inventories have declined.

1. The textile production ring ratio slightly increased.

In September, textile production increased slightly compared with the previous month. According to the survey, yarn production increased by 3.4% compared with the same period last year, down 2.6%, of which pure cotton yarn accounted for 71.2%, an increase of 0.8 percentage points from last month; blended yarn and chemical fiber yarn accounted for 28.8%, a decrease of 0.8 percentage points from the previous month.

Cloth production increased by 2.7%, a year-on-year decrease of 3.5%, of which pure cotton cloth accounted for 0.2 percentage points from the previous month. Yarn sales rate of 73.6%, an increase of 2.8 percentage points from last month.

At present, the finished product inventory of spinning enterprises is 27.16 days, down 2.37 days from last month. Finished product inventory for grey goods finished 29.08 days, 2.08 days less than last month.

Two, both inside and outside cotton yarn prices fell.

Yarn sales have improved this month, but prices are still sluggish. According to the survey, the average price of 32 domestic pure cotton yarn in September was 21147 yuan / ton, down 237 yuan / ton from last month, or 1.1%, down 3155 yuan / ton compared with the same period last year, or 13%; the average monthly price of imports of 32 pure cotton yarn was 21219 yuan / ton, down by 166 yuan / ton, or 0.78% yuan, a decrease of 3104 yuan / ton compared with the same period last year.

　　 Three, enterprise raw materials inventory rise

This month, the market has improved, and the raw material inventory of enterprises is generally low. The enthusiasm of replenishment has been improved, and the overall inventory of raw materials has increased slightly. As of September 30th, textile enterprises had 701 thousand and 400 tons of cotton stocks, up 14 thousand and 100 tons from the end of last month, representing a decrease of 223 thousand and 300 tons compared with the same period last year. 22% of them reduced cotton stocks, 37% increased inventories, and 41% remained basically unchanged.

　　 The cotton structure of textile enterprises is relatively stable.

1. textile enterprises used Xinjiang cotton accounted for 83.5% of the total cotton consumption, an increase of 0.3 percentage points from the previous month, an increase of 0.76 percentage points from the same period last year, of which 21.65% of Xinjiang cotton was reserved and 78.35% of Xinjiang cotton accounted for this year.

2. textile enterprises using real estate cotton accounted for 6.46%, an increase of 0.04 percentage points from last month. Among them, reserve real estate cotton accounted for 27.46%, and real estate cotton accounted for 72.54% this year.

3. the proportion of imported cotton used by textile enterprises was 10.04%, a decrease of 0.34 percentage points from last month, an increase of 0.02 percentage points over the same period last year.