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What Is The Situation Of Cotton Spinning? This Group Of Latest Data Is Explored!

2020/6/23 12:52:00 0

Cotton Spinning

According to the tracking data of the China Cotton Textile Industry Association (hereinafter referred to as the China Cotton Association), sales volume of yarn and cloth products has increased since May, although the market has slightly improved, the overall demand is still insufficient, and the production and marketing situation is weak. The purchase volume, consumption and inventory of raw materials of textile enterprises are all decreasing.

Raw materials purchase and storage are down.

In May, tracking the purchase of raw materials by enterprises decreased by 0.2%, of which 52% of the enterprises with a decrease in the chain ratio accounted for 52% percentage points, representing a decrease of 5 percentage points. The raw cotton purchase volume of raw materials decreased by 1.77% compared to May. The average price of domestic standard cotton in May was about 12000 yuan per ton, which was 3% higher than that in April. The purchase volume of imported cotton in raw cotton increased by 7.06%. The purchase amount of non cotton fiber in raw materials increased by 2.94%. Viscose staple fiber prices fluctuated in May, the monthly average price fell 2.52%, the price rebounded at the end of the month, the recent decline; polyester staple fiber showed a rising trend, the monthly average price was basically the same as in April.

In May, the consumption of raw materials decreased by 0.93% compared to the previous month, accounting for 55% of the enterprises with a decrease in the ratio of annulus to the previous month, accounting for 5 percentage points lower than that of the previous month. As of the end of May, raw material inventories decreased by 0.5%, down 5.5% compared with the same period last year.

The output of gauze decreased year by year for three consecutive months.

May tracking enterprise yarn and cloth production decreased by 1.59% and 2.36% respectively, the decline narrowed from last month. In 1~5 months, the yarn production and textile production decreased by 16.57% and 17.23% respectively, and the decline was narrowed for three consecutive months. Since May, orders in the international market have not improved significantly. The existing orders are mostly small quantities. The domestic epidemic situation has improved and consumption has slightly improved.

As at the end of May, the utilization rate of textile and weaving equipment was generally unchanged from last month. Among them, the utilization ratio of spinning equipment was higher than 85%, accounting for 72%, 2 percentage points higher than that of last month, and the ratio of weaving equipment utilization rate was higher than 85%, accounting for 71%, a decrease of 4 percentage points from last month.

Sales increase is weak, both revenue and profit decrease.

Tracking enterprise data shows that in May, sales of yarn and cloth increased by 16.28% and 6.59% respectively. Under the condition of insufficient market demand, textile enterprises increased sales by lowering prices and squeezing profits. The monthly average price of pure cotton yarn and pure viscose yarn decreased in varying degrees. The price of pure polyester yarn was relatively stable after rising, and the monthly average price was basically flat. As of the end of May, yarn inventory and cloth Inventory were basically flat.

In 1~5 months, the business income of tracked enterprises decreased by 15.38% compared with the same period last year. The decline narrowed by 2.3 percentage points from the previous month, of which 85% of the enterprises decreased compared with the previous month. The value of export delivery decreased by 28.8% compared with the same period last year, a decrease of 2.5 percentage points from the previous month, and the total profit decreased by 44.12% compared with the same period last year. The decline narrowed by 5 percentage points from the previous month, of which 78% enterprises decreased year by year.

Cluster enterprises actively face and timely adjust

According to the tracking survey of cluster situation, the overall production of clusters in May continued to slow down, and the utilization rate of enterprises started at a low level. According to the economic operation data, compared with the same period last year, 1~5 months tracking the output of all kinds of yarn in cluster enterprises decreased by 32.4% compared with the same period last year, and the output of cloth decreased by 36.2% compared with the same period last year. The operating income decreased by 26.4% compared with the same period last year, and the total profit decreased by 57.3% compared with the same period last year.

According to investigation and research, the start up of clusters with medium and low end yarn or pure cotton yarn is basically normal, and some enterprises' orders can be produced to the beginning of July. On the one hand, some cluster enterprises reduce inventory and speed up turnover; on the other hand, actively adjust product mix, produce marketable products, and gradually adapt to the current market situation. As of June 15th, the average operating rate of the tracking cluster was around 54%, and the utilization rate of spinning and weaving capacity was below 40%.

The data of this report all come from the China Cotton Textile Industry Association, which involves more than 240 cotton textile enterprises and 15 industrial cluster data in China. The total spinning capacity accounts for about 60% of the national cotton textile industry.

Related reading:

Domestic cotton prices rose slightly, and the spot market did not work well.

In June 19th, Zheng cotton futures closed up, and the settlement price of the main 2009 contract was 11900 yuan / ton, up 35 yuan. China's cotton price index was 12011 yuan / ton, up 28 yuan. Domestic cotton spot market lint price overall slightly increased. Some enterprises quoted prices increased by 30 yuan / ton to 50 yuan / ton yesterday. The price of 3128B grade lint is 11960 yuan / ton to 12100 yuan / ton. At present, individual textile enterprises only need a small amount of procurement, most of them are maintained with purchase, and the spot market is light.

It is understood that Hebei region 19 lint to the factory sales quotes stable. The sale quotations of cotton enterprises are unchanged from yesterday. Xinjiang cotton price point number of transactions is not much, real estate cotton transaction difficulties, the market turnover is still yesterday light.

The price of lint spot to factory in Zhejiang increased slightly, and some enterprises' turnover increased slightly by 50 yuan / ton, which was mainly caused by a small increase in cotton prices. At present, most textile enterprises have poor purchasing enthusiasm, and the spot market volume is general.

Henan province cotton spot cotton to the factory price is stable, textile enterprises Procurement strength is weak, market transactions are scarce. At present, cotton spot prices are relatively strong, and textile finished yarns are more likely to be cut off, and some textile enterprises are mainly responsible for normal operation, lack of start-up and small stock of raw materials.

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