Henan Cotton Association: Three Level Differentiation Of Textile Enterprises

Last year, the vigorous textile situation made all the best.

First of all, the price of upstream textile raw materials, especially cotton, has been running at a high price of about 30 thousand yuan per ton. The amount of raw material capital (more than doubled in the past) has greatly affected the cash flow of enterprises.

Second, the ups and downs of cotton prices and the instability of spot prices make enterprises fear and fear of long lists a year ago.

Products continue to backlog, inventories continue to increase, the cash flow of enterprises is less and less.

Moreover, the continuous changes of cotton prices and yarn prices directly affect the downstream of textile enterprises, and they dare not take the goods easily. There is no suitable opportunity. Watching them is their temporary choice.

In short, the existence of these reasons, regardless of the size of enterprises, has been affected to varying degrees.

However, enterprises are also actively looking for countermeasures according to their own circumstances, such as changing the product structure and reducing prices.