Cotton Yarn Difficult To Carry Goods, Zheng Cotton Uplink Pressure.

< p > < strong > Global a href= "http:// www.sjfzxm.com/news/index_c.asp" > inventory < /a > pressure is still heavy < /strong > /p >
< p > according to the latest global cotton supply and demand forecast report released by the US Department of agriculture (USDA) in August, the total output of cotton in the world in 2014/2015 is 25 million 613 thousand tons per year, 2014/2015 consumption is 24 million 515 thousand tons, the end inventory is 22 million 880 thousand tons, and the inventory consumption ratio is as high as 93.3%. The global supply side is loose, ending stocks remain high and the pressure is still heavy. < /p >
< p > the report continues to raise the final inventory of China and the United States. China's final inventory was 13 million 578 thousand tonnes in 2014/2015 and increased by 22 thousand tons. Domestic inventory is also a topic of constant conversation. It is expected that after two to three years of digestion, domestic cotton fundamentals will improve. < /p >
< p > < a href= "http:// www.sjfzxm.com/news/index_c.asp" > < /a > > 1 million 219 thousand tons, an increase of 115.4% over the previous year. The reason is a substantial increase in output. In 2014/2015, cotton production in the United States was 3 million 811 thousand tons, an increase of 219 thousand tons, a 35.6% increase over 2013/2014. Because of the high price of US cotton in 2013/2014, this has prompted us farmers to expand the a href= "http:// www.sjfzxm.com/news/index_c.asp" > cotton > /a > planting area, and the output has also increased significantly, but demand has not increased significantly. The increase in output is reflected in the inventory at the end of the year. < /p >
< p > < strong > downstream textile enterprises are still pessimistic < /strong > < /p >
< p > 6 - August, for the traditional off-season of textile industry, the lower reaches of the lower reaches of the textile mill have a low operating rate, tight funds, strict control of raw material stocks, and just need to purchase cotton yarn. Imported cotton yarn has obvious price advantage relative to domestic yarn (the current price difference is around 2000 yuan / ton), especially in the middle and low yarn market, domestic cotton yarn is difficult to carry goods. According to the survey, most textile enterprises are pessimistic. It is expected that from mid August to October, there will be more textile factories that stop production or shift production capacity, which will have an adverse impact on the integration of new and old cotton prices. < /p >
< p > in addition, the rising cost of labor is also a major problem for textile enterprises. The textile industry is a labor-intensive industry. In recent years, the domestic minimum wage standard has been rising and labor costs are rising. According to the person in charge of a textile enterprise, the labor cost of the enterprise has increased by 35% in recent two years. Because of the gradual loss of labor cost advantage, the competitive advantage of domestic cotton yarn and Southeast Asian countries' cotton yarn is gradually lost. < /p >