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    Raw Materials Inventory Decline And Finished Goods Inventory Rise -- Cotton Textile Enterprises Survey Report (January 2020)

    2020/2/19 14:22:00 36

    Raw MaterialsInventoryFinished GoodsInventoryCotton TextileEnterprisesSurvey Report

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

    In the first half of January, the first stage economic and trade agreement between China and the United States was signed, the market confidence was restored, and the textile market sales were smoother. According to the cotton warning system in China, more than 90 fixed-point textile enterprises in the country have shown that raw material inventory of textile enterprises has declined, textile production has decreased, yarn inventory has increased, and cloth inventory has increased slightly.

    1. The decline in textile production

    In January, the output of textiles decreased compared with that of last month. According to the survey, yarn production decreased by 9.6% compared with the same period last year, down 3.4%, of which: pure cotton yarn accounted for 68.6%, down 1.3 percentage points from the previous month; the proportion of blended yarn and chemical fiber yarn was 31.4%, up 1.3 percentage points from the previous month.

    Cloth output fell 10.3%, down 4.8% compared to the same period, of which: pure cotton cloth ratio, down 1.6 percentage points from last month. Yarn sales rate was 77.5%, down 2.1 percentage points from last month.

    At present, the finished product inventory of spinning enterprises is 24.22 days, an increase of 0.66 days from last month. Finished product inventory for grey goods finished for 29.45 days, an increase of 0.25 days from last month.

    Two, the price differentiation of cotton yarn inside and outside

    The price of cotton yarn was larger than that of the previous year, and the price of imported pure cotton yarn was lower than the domestic price of 70 yuan / ton. According to the survey, the average price of 32 domestic pure cotton yarn in January was 20723 yuan / ton, down 23 yuan / ton, or 0.11%, down 2410 yuan / ton compared with the same period last year, or 10.42%; the average monthly price of imports of 32 pure cotton yarn was 20653 yuan / ton, up 54 yuan per ton, or 0.26%, a decrease of 2227 yuan / ton compared with the same period last year.


    Three, raw material inventory decline

    Due to the close of the holiday, textile enterprises began to replenishment after the beginning of the month, and the volume of cotton market transactions gradually declined, and cotton inventories fell year-on-year. As of January 31st, the stock of cotton in textile enterprises was 726 thousand and 500 tons, 6 thousand tons lower than the end of last month, a decrease of 102 thousand and 400 tons compared with the same period last year. Among them: 38% of enterprises reduce cotton inventories, 22% increase inventories, and 40% remain basically unchanged.


    The proportion of imported cotton in textile enterprises increased with the proportion of Xinjiang cotton and inland cotton.

    1. textile enterprises used Xinjiang cotton accounted for 89.82% of the total cotton consumption, an increase of 0.17 percentage points from the previous month, an increase of 10.85 percentage points from the same period last year. Among them, the reserve accounted for 5.86% of Xinjiang cotton, and the proportion of Xinjiang cotton accounted for 94.14% this year.

    2. the proportion of real estate cotton used by textile enterprises was 2.62%, an increase of 0.16 percentage points over the previous month. Among them: the proportion of reserve real estate cotton is 7.56%, and the proportion of real estate cotton is 92.44% this year.

    3. the proportion of imported cotton used by textile enterprises was 7.56%, a decrease of 0.33 percentage points from last month, a decrease of 0.94 percentage points compared with the same period last year.

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