Investigation Report Of Cotton Textile Enterprises In August: Sales Of Enterprises Improved And Finished Product Inventory Began To Decline

In August, however, there are signs of improvement in textile production and yarn prices. In August, there are signs that textile production will be improved, and some textile enterprises will continue to reduce production and demand. According to the survey of more than 90 designated textile enterprises by China's cotton early warning system, textile output rose slightly in August, yarn and cloth inventory decreased slightly, and raw material inventory of textile enterprises decreased.

1、 The output of textiles has increased slightly compared with the link ratio

In August, the market recovered, the orders of high count yarn with slow sales in the early stage increased significantly, the start-up rate of enterprises rose slightly from the low level, and the textile output increased compared with the previous month. According to the survey, the yarn output increased by 3.4% month on month and decreased by 4.6% year-on-year. Among them, cotton yarn accounted for 67.2%, up 0.4% compared with the previous month; blended yarn and chemical fiber yarn accounted for 32.8%, down 0.4% compared with last month.

Cloth output rose by 3.8% month on month and decreased by 4.9% year on year. Among them, cotton cloth accounted for a proportion, up 0.3% compared with the previous month. Yarn sales rate was 66%, an increase of 7 percentage points over the previous month.

At present, the inventory of finished products of spinning enterprises was 27.86 days, 1.92 days lower than that of last month. The inventory of grey fabric finished products was 34.93 days, 0.87 days lower than that of last month.

2、 Cotton yarn prices continue to decline

Cotton yarn prices have declined both inside and outside this month. The average price of domestic 32 pure cotton yarns in August was 18512 yuan / ton, which decreased 81 yuan / ton or 0.44% compared with the previous month, 2872 yuan / ton, or 13.43%, compared with the same period last year; the average monthly price of imported 32 pure cotton yarns was 18371 yuan / ton, decreased by 74 yuan / ton, or 0.4%, and by 3013 yuan / ton, or 14.1%, compared with the same period last year.

3、 Enterprise raw material inventory drops

In August, although the downstream market demand improved, the sustainability was not obvious. Textile enterprises still maintained a low inventory of raw materials, and the inventory pressure was reduced as soon as they were used. As of August 30, the cotton inventory of textile enterprises was 605600 tons, a decrease of 23900 tons compared with the end of last month, and a decrease of 81700 tons on a year-on-year basis. Among them: 38% of enterprises reduced cotton inventory, 22% increased inventory, and 40% remained basically unchanged.

The proportion of Xinjiang cotton used by textile enterprises decreased, while the proportion of local cotton and imported cotton increased

1. The use of Xinjiang cotton by textile enterprises accounted for 90.21% of the total cotton consumption, decreased by 0.31% compared with the previous month, and increased by 7.01% over the same period of last month. Among them, Xinjiang cotton accounted for 17.45% of the total cotton reserves, and Xinjiang cotton accounted for 82.55% in this year.

2. The proportion of local cotton used by textile enterprises was 2.14%, 0.09 percentage point higher than last month. Among them, the proportion of local cotton in reserve cotton was 10.43%, and that of this year was 89.57%.

3. The proportion of imported cotton used by textile enterprises was 7.65%, increased by 0.04 percentage points compared with the previous month, and decreased by 2.73 percentage points year on year.