A New "Data Dialogue" To See The Development Trend Of The Yarn Industry From The Current Situation Of The 350 Textile Enterprises.

For more accurate and efficient understanding of the enterprise's mind, 2019 China Cotton Textile Conference and fifth five directors' enlarged meeting Up, China Cotton Textile Industry Association More than 350 delegates participated in the "data dialogue". They conducted on-site surveys on the status quo, policy demands and development issues of the enterprises, and presented the problems of industry concern and the crux of development in the way of real-time data. The representatives who participated in the field were divided into 3 categories: textile enterprises accounted for 58%, textile machinery enterprises accounted for 12%, and other trade enterprises, related units and universities accounted for 30%.

Through this dialogue, experts and representatives from the participating enterprises discussed the Countermeasures of China's cotton textile industry in the context of the ever-changing macro development situation at home and abroad, and how to promote the high quality development of the industry through the promotion of intelligent manufacturing.

Business downturn

Data show that in the first three quarters of this year, compared with the same period last year, 85.4% of the enterprises' operating rate decreased compared with the same period last year, and 85% of the main business income of the enterprises decreased compared with the same period last year, and 91.6% of the enterprises' profits decreased. In terms of inventory, 62.8% of raw material inventories of enterprises decreased year by year, 22.7% of raw material stocks were flat, 70.3% of the company's products inventory increased year by year, and 19.4% of the company's product inventory remained unchanged. Zhu Beina, President of the China Cotton Textile Industry Association, said that due to the factors such as sustainable development, capital flow and cost sharing, enterprises still need to continue production under the condition of insufficient downstream demand. This is one of the important reasons for the low operating condition of enterprises.

Product competitiveness enhancement

On the issue of imported yarn, 56.7% of enterprises thought that imported yarn had a great impact on domestic yarn, while 43.3% of enterprises thought the impact was not large. In the 3 years before 2018, because of the low price, the imported yarn had a great impact on the mainland yarn. With the narrowing of the price gap and the enhancement of the competitiveness of the domestic yarn, the adverse effect of the imported yarn on the industry has gradually declined. On the issue of Xinjiang yarn, 66.2% of enterprises believe that Xinjiang yarn will have an impact on the mainland in the short term, and 22.3% of the enterprises believe that it has not been affected for a long time. Zhu Beina pointed out that the greater development of Xinjiang's cotton textile industry depends on the direction of Xinjiang policy.

Differential yarn sales are good.

In view of the better sales situation of this type of yarn products this year, 47.1% of the enterprises think that the differentiated yarn sales situation is relatively good. According to Zhu Beina, the country currently produces about 2 million tons of differential yarn per year, accounting for 10%~12% of the national yarn output. Most of these differential yarns are made of non cotton fiber materials, showing the potential advantages of non cotton fibers. In addition, 29.7% of the enterprises believe that the sale of high quality yarn is better, and 23.2% of the enterprises think that the sale of medium and low grade yarn is better. The above results depend on whether the firm has a stable target market. 76.9% of the enterprises involved were non cotton fibers. 59.4% of the enterprises thought that the future development of viscose fiber was huge. 52.1% of the enterprises continuously increased the proportion of non cotton fibers, and 34.5% plans to increase the proportion of non cotton fibers. In the application of non cotton fiber products, 51.2% of enterprises believe that the biggest difficulty lies in product market development, and 36.8% of enterprises think the most difficult is product development.

Sino US trade issues affect the world

On Sino US trade issues, 72.5% of enterprises believe that the trade friction between China and the United States will take 3~5 years to ease, and 23.2% of enterprises think it will take longer. 79.5% of enterprises believe that the impact of Sino US trade friction will be global, and no one can do anything about it. Against this background, 47.9% of enterprises believe that the layout of China's cotton textile production capacity will accelerate, and 34.5% of enterprises think it will slow down.

Zhao Mingxia, vice president of Industrial Economics Research Institute of China Textile Industry Federation The textile enterprises can respond to the following aspects: first, actively develop diversified export markets; the emerging and developing markets along the "one belt and one road" are not yet the final consumer market; we must develop textile primary products as the key to the layout of these regions and countries, and at the same time, we should actively establish close cooperation with overseas enterprises and overseas investment enterprises. Second, we should fully tap the market space for domestic demand. Third, we should rationally carry out the layout of overseas investment. Southeast Asian countries have the advantage of factor cost, and the preferential policies for local investment are great. But the infrastructure such as electricity and logistics is not perfect, and they need to be cautious.

Cotton policy is expected to continue to optimize.

In view of whether the current cotton policy is in line with the law of marketization, 78.4% of the enterprises do not think that it is in line with the law of marketization. In this regard, Zhu Beina believes that cotton control policy has been advancing in recent years, but there is still room for optimization. At present, the industry is very concerned about the problem of the rotation of cotton reserves. 81.4% of enterprises believe that they should enter the market in 2019, and 57% of enterprises think that the amount of reserve cotton should be 2 million tons. If we want to turn in, 42.7% of enterprises hope to turn into domestic cotton, and 39% of enterprises hope to enter domestic cotton and imported cotton at the same time. Which kind of cotton to enter depends on the market positioning of the enterprise's products, and the timing and angle of rotation are different. Compared with other cotton such as American cotton, Brazil cotton and India cotton, 73.7% of the enterprises believe that Xinjiang cotton has more advantages. Around the target price reform of Xinjiang, 49.4% of enterprises hope that the policy can maintain stability, and 46.8% of enterprises hope that the policy can be reformed in the direction of high quality and good complement.

Enterprises pursue transformation and upgrading

According to the survey, Textile enterprises are eager to transform and upgrade. In this process, the main difficulties faced by enterprises are different. 64.7% of enterprises believe that they lack talent and technology, and 33.3% of enterprises lack funds. For the technological progress of the industry, night shift unattended is a technological breakthrough that the industry hopes to achieve as soon as possible. 42.7% of the enterprises believe that night duty can be extended to the textile industry, but the development will be relatively slow in the past 5 years. In addition, 95.9% of enterprises think that the industry is overcapacity, but 57.4% of enterprises think that this excess capacity has both advantages and disadvantages. Some enterprises believe that without excess, there will be no competition and the industry will not progress.