Textile Demand Decreases And Finished Product Inventory Rises.

In March, the domestic epidemic improved significantly, and textile enterprises started to resume production. However, due to the rapid spread of foreign epidemic situation, foreign trade orders were abolished, and domestic demand orders had not yet fully recovered, and finished product sales were slow. 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 increased, yarn inventory and storage have increased slightly.

1. Textile production is rising.

In March, as the number of re production enterprises increased, the output of textiles increased compared with that of last month. According to the survey, yarn production increased by 43.3% compared with the same period last year, down 5.7%, of which pure cotton yarn accounted for 67.4%, down 0.8 percentage points from last month, and blended yarn and chemical fiber yarn accounted for 32.6%, up 0.8 percentage points from the previous month.

Cloth production increased by 41.3%, a year-on-year decrease of 4.9%, of which pure cotton cloth accounted for 0.6 percentage points lower than last month. Yarn sales rate was 62%, down 7.5 percentage points from last month.

At present, the finished product inventory of spinning enterprises is 24.77 days, an increase of 0.62 days from last month. Finished product inventory for grey goods finished for 30.75 days, an increase of 1.54 days from last month.

Two, inside and outside cotton yarn price drop

The price of cotton yarn both decreased inside and outside this month. The average price of domestic 32 pure cotton yarn was 20444 yuan / ton in March, down 112 yuan / ton, or 0.54%, down 2696 yuan / ton compared with the same period last year, or 11.65%; the average monthly price of imports of 32 pure cotton yarn was 20360 yuan / ton, down by 149 yuan per ton, or 0.73%, a decrease of 2519 yuan / ton compared with the same period last year.

Three, raw material inventory decline

The operating rate of textile enterprises increased this month. However, due to the impact of foreign epidemic situation, foreign trade orders have been greatly reduced, raw material prices have also been on the decline. As of March 31st, the cotton stocks of textile enterprises were 714 thousand and 200 tons, 7 thousand and 600 tons lower than the end of last month, representing a decrease of 89 thousand and 500 tons compared with the same period last year. 42% of them reduced cotton stocks, 12% increased inventories, and 46% remained basically unchanged.

Textile enterprises increased the proportion of Xinjiang cotton, the proportion of real estate cotton decreased, the proportion of imported cotton decreased:

1. textile enterprises using Xinjiang cotton accounted for 91.96% of the total cotton consumption, an increase of 2.42 percentage points from the previous month, an increase of 17.10 percentage points from the same period last year, of which 5.23% of Xinjiang cotton was stored and 94.77% of Xinjiang cotton accounted for this year.

2. the proportion of textile enterprises using real estate cotton is 1.19%, which is 1.83 percentage points lower than that of last month. Among them, reserve real estate cotton accounted for 8.15%, and real estate cotton accounted for 91.85% this year.

3. the proportion of imported cotton used by spinning enterprises was 6.85%, a decrease of 0.59 percentage points from last month, a decrease of 5.35 percentage points compared with the same period last year.