The Pressure Of Enterprise'S Capital Turnover

At the beginning of 2020, affected by the new crown pneumonia epidemic, the textile industry further adjusted and reshuffled, resulting in the downturn in the production and sales of the whole textile industry, and the difficulty in capital turnover. In addition to the market concerns caused by the tension between China and the United States, as well as the basic improvement of the domestic epidemic situation, most textile enterprises producing medium and high-end yarns have switched from export to domestic sales.

Since the resumption of production in March, the order recovery of large textile enterprises is about 70%. However, some enterprises choose to slow down the production before the order is full.

Hebei Julu is a cotton spinning enterprise with medium and low count yarn as its main product. The price of jc32s is 20168 yuan / ton, that of jc40s is 22456 yuan / ton, and that of rotor spinning 10s is 11500 yuan / ton. It is produced according to the order, and the products are basically out of stock. The cotton demand of the enterprise is 200 tons / month, mainly Xinjiang cotton, and the price to the factory is 12555 yuan / ton. Due to the shortage of funds and the influence of epidemic situation, the raw materials can be purchased as soon as they are used, and the inventory can be maintained for about 6 days.

It is understood that the local cotton growth is good, cotton has entered the bud stage, and the growth indicators are flat compared with the same period last year. In the past two weeks, the local rainfall is moderate to heavy rain, with the highest temperature of 30 ℃ and the lowest temperature of 22 ℃. The height of cotton plants with good growth is more than 70 cm, the number of fruit branches is 6-8 per plant, and the average number of budding is about 10 / plant; for the cotton plants with slow growth rate, there are 5-7 fruiting branches and 8 buds per plant. Cotton has entered the flowering and boll stage, cotton field diseases and insect pests are light, mainly aphids. According to the weather forecast, the weather will have adverse effects on cotton growth in the future.

Last year, the mainstream purchase price of seed cotton of local cotton enterprises was 3.00-3.20 yuan / kg. This year, the cotton market has declined significantly. At present, the cotton price is about 12000 yuan / ton, which leads to the pessimistic attitude of cotton farmers for the purchase price of seed cotton this year. However, some optimists said that with the gradual recovery of domestic consumption, until the seed cotton purchase season, the market situation may be improved, and the purchase price of seed cotton may be the same as last year.