Cotton Association Released Data Show That The Three Quarter Of This Year Cotton Textile Industry Indicators Before The High And Low

　　 Output and inventory grew slightly

According to Chinese cotton Spin Industry Association tracking enterprise data show that 1~9 month cumulative yarn production increased by 2.3%, cumulative cloth output increased by 1.1% over the same period, of which part of the classification of products declined.

According to the field investigation and research conducted by China Cotton Trade Association in the late October, the downstream market demand has not been improved, the order is not prosperous, the underemployment is not enough, the sales are sluggish, and the difficult situation of the industry has not yet been improved. Sales of yarn were not as good as that of last year, and sales were slightly better than last year. Sales in 9~10 months declined compared with the two quarter. In September, the inventory of gauze products increased to varying degrees compared with August.

Enterprises reflect the operation is still more difficult, the current average operating rate of enterprises around 85%. The main reason for underemployment is the shortage of orders, and the shortage of workers in some areas is also more prominent.

In the three quarter of 2013, the price of 32 pure cotton combed yarn and 32 pure cotton grey fabrics continued to decline slightly in the two quarter. The average price in the three quarter was 25831 yuan / ton and 6.42 yuan / meter respectively, compared with the two quarter, respectively, which decreased by 0.38% and 0.71%.

As of late October, product prices were basically stable, and yarn prices rebounded slightly.

According to investigation and research, domestic small and medium-sized textile enterprises raw material inventory is relatively less than large enterprises. According to China Cotton Association September tracking enterprise data, textile enterprises procurement of cotton has declined, inventory reduction.

The reduction of cotton inventories mainly includes several reasons: first, the end of storage at the end of July has existed for some time, and some cotton enterprises have basically used up the cotton reserves they purchased at the early stage; secondly, after the cotton purchase and storage started, the sales of imported cotton from the ports accelerated and the market resources were scarce; thirdly, the expected cotton reserves were not clearly defined, the overall purchasing enthusiasm of the enterprises was not high, and the small businesses were mainly used with the purchase, and the inventory remained basically in 1 months.

　　 Domestic and foreign cotton spreads widen

Domestic and foreign cotton and cotton yarn spreads are still large. In the three quarter of 2013, domestic cotton prices continued to be significantly higher than the international cotton prices, and did not continue to narrow the trend since the beginning of the year. The average price spread in the three quarter was 5132 yuan / ton, which was 260 yuan more than that in the two quarter. As of October 22nd, the domestic cotton price was 19515 yuan / ton, and the international cotton CotLookA index was 89.4 cents / pound.

The large domestic and foreign cotton price difference led to the domestic cotton yarn price is also higher than the international cotton yarn price. In the three quarter of 2013, the price of 32 pure cotton combed yarn was higher than that of similar products in Pakistan about 1000 yuan / ton, higher than the average price difference of two yuan per ton in the two quarter, 10 cotton spinning rotor in China was 1200 yuan / ton higher than that of similar products in India, and the price difference increased by 300 yuan per ton compared with that in the two quarter.

Cotton purchase and storage starts in the new year, and cotton storage is not expected to be put into operation. In September 9th, the seven departments of the national development and Reform Commission jointly issued the "2013 cotton temporary purchase and storage plan", which officially launched the 2013 year's purchase and storage. The storage price is standard grade lint, and the price to the warehouse is 20400 yuan (weight) per ton. The standard is implemented according to the color level standard implemented in September 1, 2013. As of October 24th, the total volume of storage and storage was 903 thousand tons, a decrease of 45% over the same period last year, of which 668 thousand tons in Xinjiang accounted for 74%.

At present, the market is extremely concerned about the time and scheme for the delivery of cotton reserves. The time and price will affect the cotton production and the production of textile enterprises. According to the fact that the resources of the cotton market are tight and the procurement channels are limited, the China Cotton Association recommends to the relevant departments that the cotton reserves should be put into the market as soon as possible.

　　 Cotton making textile Imports increase faster than exports.

In 1~8 months, China's cotton textile exports amounted to US $19 billion 130 million, an increase of 16.74% over the same period, and imports of US $6 billion 30 million, an increase of 27.88% over the same period last year. From the current growth rate of China's import and export trade, the growth rate accelerated compared with the first half of the year, and import growth rate continued to outpace export growth.

The main markets of cotton textiles in China are different. Among them, the growth rate of import and export trade to the ASEAN market has played a major role in stimulating the trade of cotton textiles. The growth rate of exports and imports have been increased by 35% and 57% respectively. The import and export trade of the Japanese market has been in a downturn, and the import and export trade has been negative year-on-year growth, with a drop of about 10%, and the US and EU markets have increased to varying degrees.

Imports of cotton fell year-on-year. Cotton imports totaled 3 million 226 thousand tons in 1~9 months, down 19.9% from the same period last year. As the number of imported cotton in 2012 was large, and the number of imported cotton quotas in 2013 was less than that in the same period last year, the number of imported cotton decreased.

In the first 8 months, the number of cotton imports from India and the United States decreased by 36% and 16% compared with the same period last year, while the number of cotton imported from Australia increased by 23% compared to the same period last year. Over the past 2 years, Australian cotton has been recognized by domestic enterprises in terms of variety and color. This reflects the increasing demand for high-quality cotton from domestic cotton textile enterprises.

Cotton yarn imports continued to grow rapidly. China's total export of cotton yarn has increased by 354 thousand tons in 1~8 months this year, an increase of 22.9% over the same period last year. In 1-9 months, the total import volume reached 1 million 567 thousand tons, an increase of 44.2% over the same period last year. China's imports of cotton yarn continued the 2012 heat, especially the imports of medium and low count yarn accounted for about 70%.

Cotton fabric export volume and price increase. 1~8 months, China's cotton fabric exports 6 billion 120 million tons of cotton fabric, an increase of 20.7% over the same period, the total import of cotton fabric 540 million meters, down 2.9% compared to the same period last year. The export price of cotton fabrics increased by 2.8% over the same period last year, but still significantly lower than the unit price of imports. {page_break}

　　 Before and after operation index is high and low.

According to the statistics of the National Bureau of statistics, over 13% of the enterprises in the cotton textile industry above Designated Size in 1~8 months, narrowed 0.5 percentage points compared with the first half of the year, narrowing 2.1 percentage points compared with the same period in 2012, of which the loss of cotton spinning processing industry is higher than that of the cotton processing industry. 1~8 month loss corporate loss cumulative year-on-year decrease of 22.7%, a decrease of 0.4 percentage points from the first half.

According to the data of the China Cotton Association tracking enterprise, the main business income, total profit and export delivery value of 1~8 month increased year-on-year, and the growth rate was between 4% and 8%. The operation quality of large and medium-sized enterprises is better than that of small and micro enterprises, and the trend of industry orders to large and medium-sized enterprises is gradually obvious. According to the monthly changes of the above indicators, the trend of the former is high and then low.

　　 Total investment decreased year-on-year

1~8 months, cotton and chemicals in China Fiber spinning The investment in fixed assets of textile processing industry totaled 124 billion 500 million yuan, an increase of 1.08% over the same period last year. The growth rate dropped by 17 percentage points over the same period in 2012, a slight increase of 1.7 percentage points from the first half of 2013, and from negative growth to positive growth. 1~8 month, China's cotton and chemical fiber textile processing industry totaled 1772 new projects, down 14% from the same period last year, a drop of 5.6 percentage points from the same period last year, a slight increase of 1.2 percentage points in the first half of the year. Because cotton textile industry is facing more difficulties in the past 3 years, the demand for downstream market is not strong, and the confidence of operators is slightly insufficient, which limits the increase of new projects to some extent. The new investment is mainly based on equipment upgrading.