Cotton textile enterprise survey report in May 2017_Outdoor Sports garment Manufacturer

Project undertaking: Beijing Cotton Outlook Information Consulting

Survey targets: Cotton textile enterprises in Xinjiang, Shandong, Hebei, Henan, Jiangsu, Zhejiang, Hubei, Anhui, Jiangxi, Shanxi, Shaanxi, Hunan and other provinces and autonomous regions

In May, the textile industry was relatively stable, business operations were slightly polarized, the cotton ratio was basically the same, and the monthly cotton consumption increased. That month, cotton prices rose steadily, and textile companies increased their purchases. Judging from the cotton usage, the ratio of Xinjiang cotton to imported cotton changed little. Due to the lack of support in the downstream of cotton yarn, some companies offer sales at a profit, and the price of yarn is stable and slightly decreased. According to the survey results of 90 designated textile enterprises across the country by the China Cotton Early Warning Information System, yarn output in May decreased by 1.3% year-on-year. Among them, the proportion of pure cotton yarn decreased by 2.94 percentage points, and the proportion of blended yarn increased by 4.02 percentage points; cloth Output increased by 1.93% year-on-year, the proportion of pure cotton cloth decreased by 0.78 percentage points, and the proportion of blended yarn increased by 0.19 percentage points.

1. Textile production and sales are stable, and inventories slightly increase

In May, the production and sales of textile enterprises were basically stable. Cotton yarn prices are stable, sales vary greatly across regions, and sales increase month-on-month; cloth sales are slightly weaker than last month. At the end of the month, yarn inventories increased steadily and slightly, while gray fabric inventories increased. According to data from textile enterprises surveyed across the country, yarn output increased by 0.71% month-on-month, of which pure cotton yarn accounted for 70.83%, a decrease of 0.31 percentage points from the previous month, and blended yarn accounted for 23.43%, an increase from the previous month. 1.87 percentage points; cloth output increased by 1.49% month-on-month, of which the proportion of pure cotton cloth increased by 2.71 percentage points. In that month, the yarn sales rate was 96.21%, an increase of 1.22 percentage points from the previous month and a decrease of 1.38 percentage points from the same period last year. At the end of the month, yarn inventory was about 18 days, a slight increase from the previous month; gray fabric inventory was about 26 days, an increase of about 1 day from the previous month.

2. The price difference between domestic and foreign yarns expanded, and the sales volume of imported yarns remained

Although domestic cotton yarn orders have decreased, cotton prices have remained strong, and cotton yarn prices have remained relatively stable this month. The price of imported yarn continues to rise slowly, and the price difference between domestic and foreign yarns is too large. At the end of the month, the price of standard grade lint cotton was about 16,077 yuan/ton, an increase of 128 yuan/ton from the end of April, an increase of about 0.8%; the price of domestic yarn fell slightly by 35 yuan to 23,210 yuan/ton, a decrease of 0.15%; the price of imported cotton yarn was about 23,937 yuan / ton, an increase of 292 yuan / ton, an increase of 1.23%.

3. Enterprise raw material inventories have increased and the cotton consumption structure has been stable

In May, textile companies mainly used reserve cotton, and bidding enthusiasm was high. Based on the cotton inventory and cotton consumption of the companies under investigation, as of May 31, the cotton industry inventory of textile companies nationwide was about 73.3 tons, which is expected to be 35 and a half days of use. Among them, 51% of companies increased cotton inventories, 30% reduced cotton inventories, and 19% held a wait-and-see attitude.

In that month, the proportion of Xinjiang cotton and imported cotton usage changed little. Survey data shows that the use of Xinjiang cotton accounted for 83.23%, an increase of 1.38 percentage points from the previous month. Among them, the proportion of companies that increased the use of Xinjiang cotton accounted for about 26%, and the proportion of companies that reduced the use of Xinjiang cotton was 21%, which was basically the same. The proportion was 53%; the use of imported cotton accounted for 11.74%, a decrease of 0.91 percentage points from the previous month, of which 10% were companies that reduced the use of imported cotton, 9% were increased, and the proportion of companies was basically the same. is 81%.

4. Textile and clothing exports are stable

Foreign trade showed signs of recovery in the first half of the year. From January to May, my country’s cumulative exports of textiles and clothing were US$99.915 billion, a year-on-year decrease of 1.09%; in 2016/17, as of May 2017, my country’s cumulative exports of textiles and clothing were US$189.196 billion, a year-on-year decrease of 5.64%. This month, my country’s exports of textiles and clothing were approximately US$23.405 billion, a slight decrease of 0.47% year-on-year and an increase of 8.3% month-on-month. At the China International Cotton Conference on June 8, Zhang Xian, vice president of the Chamber of Commerce for Textile Import and Export, analyzed that textile and clothing exports this year have Three characteristics: First, emerging trade methods are active; second, the decline in exports in major markets has narrowed, emerging markets continue to grow, and tourism trade and market procurement trade have positively promoted textile and clothing exports; third, the comprehensive foreign trade service platform With the help of private enterprises, the development of private enterprises is full of vitality.

Source: China Cotton Association