Cotton Textile Enterprise Survey Report (February 2019): Decline In Raw Material Inventory Due To Decline In Production And Sales

Project commitment: Beijing cotton outlook Information Consulting Co., Ltd.

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 February, the purchase and sale of textile market was basically stagnant due to the Spring Festival holiday. The enterprises started one after another in the second half of the month, but the market order recovered slowly, and the new orders were not large.

According to the China Cotton warning information system, the survey of 90 fixed-point textile enterprises nationwide showed that textile production and sales decreased, yarn and cloth inventory decreased, raw material inventories of enterprises decreased, and the proportion of Xinjiang cotton in cotton structure decreased slightly.

First, the decline in textile production and sales.

In February, the production and sales of textiles decreased compared with last month, due to the influence of Spring Festival.

According to the survey, yarn output decreased by 24.5% to 2.3%, including 72.1% of cotton yarn, 0.5 percentage points from last month, 27.9% of blended yarn and chemical fiber yarn, 0.5 percentage points higher than last month.

Cloth production decreased by 25.1%, down 2.7% compared with the same period last year, of which cotton percentage was 0.2 percentage points lower than that of last month.

Yarn sales rate was 81.2%, an increase of 0.5 percentage points from last month.

Yarn inventory of textile enterprises is 21.2 days, 0.7 days less than last month.

Grey cloth inventory for 29.45 days, 2.53 days less than last month.

Two, the price of internal and external yarn is basically stable.

The price of cotton yarn inside and outside this month changed little last month.

According to the survey, the average price of 32 domestic pure cotton yarn in February was 23135 yuan / ton, up 2 yuan / ton from last month, basically flat, up 165 yuan / ton, or 0.7%, compared with the same period last year. The average monthly price of imported 32 pure cotton yarn is 22890 yuan / ton, up 10 yuan / ton from last month, or 0.04%, down by 415 yuan / ton, or 1.78%.

This month, the market has just recovered, and the stock of cotton mill has decreased compared with the end of the year, and the external quotation has remained stable basically.

Three, raw material inventory decline

After the Spring Festival, market sales slowly revival, textile enterprises began to add a small amount of library.

By the end of February 28th, the stock volume of textile enterprises in the textile industry was 809 thousand and 300 tons, 44 thousand and 300 tons lower than the end of last month, an increase of 198 thousand and 500 tons compared with the same period last year.

Among them: 36% of enterprises reduce cotton inventories, 17% increase inventories, and 47% remain basically unchanged.

The cotton structure of textile enterprises is relatively stable.

1. textile enterprises used Xinjiang cotton accounted for 74.86% of the total cotton consumption, a decrease of 4.11 percentage points from the previous month, an increase of 1.71 percentage points over the same period last year, of which: the proportion of Xinjiang cotton in reserve was 19.78%, and the proportion of Xinjiang cotton in this year was 80.22%.

2. the proportion of real estate cotton used by textile enterprises was 12.94%, an increase of 0.41 percentage points over the previous month.

Among them: the proportion of reserve real estate cotton is 18.18%, and the proportion of real estate cotton is 81.82% this year.

3. the proportion of imported cotton used by textile enterprises was 12.2%, an increase of 3.7 percentage points from last month, a decrease of 1.83 percentage points over the same period last year.