Cotton Textile Production And Sales Continued To Pick Up In December Last Year.

According to the tracking data of the China Cotton Textile Industry Association in December 2019 (hereinafter referred to as the Sino Cotton Association), the production situation of cotton textile enterprises continued to pick up, and finished product inventory eased.

Raw materials: purchasing, consumption increased, annulus price increased, and annual price fell by two digits.

Twelve Month tracking enterprise raw materials procurement increased by 8.27% The raw cotton purchase volume of raw materials increased by 5.46%. In December, the average price of domestic standard cotton was about 13000 yuan per ton, and the average monthly price rose by two months in May. The main reasons include, on the one hand, the recovery of orders in the downstream market; on the other hand, the purchase and storage of cotton will form a certain support for cotton prices. The purchase of non cotton fibers in raw materials increased by 14.22% in the 5 consecutive months. In December, the average monthly price of PET staple increased by 2.73%, and the average monthly price of viscose staple in December decreased by 5.53%. In the whole year, the price of cotton, polyester staple and viscose staple decreased by 15%, 20% and 25% respectively.

Twelve Month tracking enterprise raw material consumption increased by 6.95% The consumption of raw cotton and non cotton fiber increased by 3.79% and 13.24% respectively. 。 As of the end of December, the raw material inventory of cotton textile enterprises increased by 4.32% The stock of raw cotton increased by 5.97%, while the non cotton fiber inventory decreased by 0.32%. Compared with the same period last year, the inventory of raw cotton and non cotton fiber decreased by 10% to 15%.

Gauze production: annulus continues to pick up trend year-on-year production year-on-year decline

Tracking enterprise data display In December, the output of yarn and cloth rose by 5.20% and 2.59% respectively. The yarn output picked up for 5 consecutive months. Judging from the cumulative year-on-year situation, 1~12 months of yarn production year-on-year decline of 6.58% year-on-year. Among them, pure cotton yarn had a relatively large decrease, and the purified yarn increased slightly. The total output of cloth decreased by 4.48% compared with the same period last year. Among them, the amount of pure cotton fabric decreased year by year, and the purified fiber fabric increased year by year. Judging from the monthly cumulative growth rate of yarn and cloth output in 2019, the 12 months of the year continued to be in a negative growth state, which was affected by the Sino US trade war.

As at the end of December, the utilization ratio of textile and weaving equipment was between 93% and 95%, compared with last month, compared with the same month last year, the recovery rate dropped by 3 percentage points compared with the same period last year. In the 1~12 months, the total electricity consumption of the whole year dropped by 1.06% compared with the same period last year.

Gauze sales: sales increase, inventory reduced profit space is compressed

Tracking enterprise data display In 1~12 months, the sales volume of the yarn decreased by 6.75% compared with the same period last year, and the sales volume of the fabric decreased by 1.95% compared with the same period last year. In December, yarn sales increased by 12%, and cloth sales increased by 8.33%. The price of imported yarn was stable and weak. In that month, China imported 170 thousand tons of cotton yarn, an increase of 6.2% from last month. As of the end of December, yarn inventory fell by 11.03%, and cloth inventory fell by 8.61%. Recently, the first stage agreement on Sino US trade has been reached, the market uncertainty has been alleviated and market confidence has been restored.

Tracking enterprise data shows that the main business income in 1~12 months decreased 1.29% year-on-year, a slight narrowing from last month, and the total profit volume declined 11.04% year-on-year. Most enterprises in order to maintain normal production, compressing profit margins or even losing money. By the end of December, the number of enterprises tracking losses was about 25%, an increase of about 7 percentage points over the same period last year.

Industrial Clusters: yarn and cloth production continued to narrow down year-on-year

In 1~12 months, the production of clustered enterprises was generally stable, and the average operating rate of tracking enterprises was around 85%. The total number of enterprises in the cluster decreased slightly, and the average number of employees declined.

The output of tracking cluster yarn and cloth decreased year by year, the decline was slower than that in 1~11 months, and the yarn and cloth production capacity increased year by year. In 1~12 months, the tracking capacity of cluster spinning increased by 0.4% compared with the same period last year, and the output of all kinds of yarns decreased by 9.1% compared with the same period last year. The number of looms increased by 1.3% compared to the same period last year, and the total output of fabrics decreased by 3.8% compared with the same period last year.

From the main economic indicators, the main business revenue and profit of cluster enterprises decreased year by year. In the 1~12 month, the main business revenue and profit of cluster enterprises decreased by 7.9% and 9.3%, respectively, of which the number of enterprises decreased by 2.2% and 4% respectively.

The data of this report all come from the China Cotton Textile Industry Association, which involves more than 250 cotton textile enterprises and 15 industrial cluster data in China. The total spinning capacity accounts for about 60% of the national cotton textile industry.

This report is strongly supported by the Zhengzhou Mercantile Exchange.