Urgent Measures To Solve The Problem Of Cotton Use In Textile Enterprises

The latest 10 consecutive days of 100% turnover, the actual paction price and fold 3128 prices have been rising.

The proportion of bids has increased continuously. For example, last week's successful auction, the textile enterprises in the enterprises were bidding for 64 thousand and 500 tons, and the non-woven enterprises were bidding for 59 thousand tons, and the non-woven enterprises accounted for 47.8% of the bid, which was nearly 15 percentage points higher than that in the early stage of the auction.

Last week

The highest price increase enterprises also compete for non textile enterprises and domestic cotton (2013) with a maximum price of 4400 yuan / ton.

As of July 8th, the total output of cotton reserves was 1 million 210 thousand and 400 tons, with a total turnover of 1 million 183 thousand and 900 tons, of which 296 thousand and 300 tons of imported cotton were traded, and the turnover rate was 98.16%. Domestic cotton traded 887 thousand and 600 tons, with a turnover rate of 97.71%.

Cotton prices rose rapidly, and sales of cotton products slowed down as a result of the lack of daily delivery, the difficulty in storehouse and the participation of traders in speculation.

The price of Zhengzhou cotton in July 4th reached 15080 yuan / ton, up nearly 5000 yuan per ton compared with the beginning of April, and the price rose again in July 11th.

The spot price of cotton has risen by about 2000 yuan per ton, and the atmosphere of market speculation is strong, which has hurt the textile entity enterprises.

The rapidly rising cotton prices directly increase the cost of raw materials, and the price of yarn is not accepted by the weaving mills and downstream markets. The market orders are significantly reduced. The international competitiveness of China's cotton textiles is weakened again, the export orders are reduced, the import yarn will re-enter the domestic market, and a further impact on domestic textile enterprises will be formed.

In order to solve the problem as soon as possible, the Chinese cotton textile industry association has communicated with key member enterprises, and has actively reported to the state and relevant ministries and commissions, and proposed urgent measures to solve the cotton market problem immediately.

1, temporarily suspend the purchase of non productive and circulating enterprises' reserve cotton, give priority to ensuring the production of cotton for textile enterprises and stabilize the cotton market.

2, some textile enterprises have not stocking many cotton for various reasons. It is suggested that the reserve cotton should be continued from 9 to October to alleviate the problem of enterprise cotton.

3, actively take measures to solve the shortage of cotton reserves, and increase the daily volume to 50 thousand tons.

4, the issuance of cotton import quotas.

Based on the current market demand for high-grade cotton and shortage of cotton reserves.

It is recommended to increase the quota of cotton import so as to stabilize the market price and enable Chinese textile enterprises to participate in the international market competition directly and equitable.