Study On The High Cost Situation Of Textile Enterprises In 2012

Faced with the heavy encirclement of international cheap cotton, the state's temporary storage and storage policy is also stretched.

Recently, reporters found that the domestic and foreign cotton price difference is about 4500 yuan / ton, the highest price difference is to reach 5600 yuan / ton.

High cost will make the textile enterprises that are not strong enough.

"Cotton accounts for sixty or seventy of the cost of textile enterprises, and the high price difference between domestic and foreign cotton has seriously weakened the export advantages of China's textile enterprises."

Liu Cheng, a cotton economic analyst at the China business circulation Productivity Promotion Center, said in an interview with reporters.

High price difference leads to the import of cotton.

According to the monthly report of May released by China Cotton Association, the discount of imported cotton is 15366 yuan / ton after deducting the sliding price, which is nearly 4000 yuan / ton compared with the 19086 cotton price index of China's cotton price index for the same period of 19086 yuan / ton.

It is worth noting that this price gap continues to expand in June.

Almost everyone in the industry, including Liu Cheng, has such a feeling: in general, imported cotton is 1000 yuan cheaper than domestic cotton, which is normal. Although the price of the imported cotton has been abnormal upside down in the financial crisis in 2009, the price difference between 4000 yuan and 5000 yuan has never happened before.

Analyst Wang Qianjin told reporters that there are two main factors:

Under the background of increasing production, the international financial crisis intensified and the supply and demand was seriously unbalanced. The bulk commodities including cotton appeared the most extensive and the biggest decline after the financial crisis. The current price of US cotton fell by nearly 50% compared with the same period last year. Last September to 3 this year, the Chinese government's collection and storage of the market not only stabilized domestic cotton prices, but also partially stabilized the international cotton price.

The temporary purchase and storage policy finally collected 3 million 125 thousand tons of lint at the price of 19800 yuan / ton, accounting for half of the domestic output, so that the price of domestic standard cotton has been stable 19300 yuan / ton to 19600 yuan / ton from the end of last year to March this year.

In comparison, the price of American cotton is 14416 yuan / ton, Australian cotton is 15148 yuan / ton, Uzbekistan cotton is 15280 yuan / ton, India cotton is 13810 yuan / ton.

"Domestic enterprises are trapped in domestic cotton with high price, low quality and high freight rates to convert more into imported cotton."

In Liu Cheng's view, the import of international cotton by domestic enterprises is a must.

According to the just released 2012 year's temporary storage and purchase plan, from September to March next year, the State Reserve will open up the stock at the price of 20400 yuan / ton, and the price of storage and storage will be increased by 600 yuan / ton compared with the previous year.

The market estimates that the new year's storage capacity may be up to 2 million tons.

According to the analysts' understanding, it is impossible to sell and store the goods in order to stabilize cotton prices and stabilize the cotton farmers' income. The only way is to increase imports.

"Now the phenomenon of cotton backlog is due to the limited import quota and the fact that cotton is on shore.

Some enterprises even buy quotas at high prices, resulting in a quota of 3500 yuan / ton.

Liu Cheng said frankly that such behavior can be called "madness".

As to the legality of quotas, Liu Cheng admitted that at least the government acquiesced.

Or kill some small and medium-sized textile enterprises

The biggest spread is the downstream textile industry.

According to the monthly report of China cotton textile enterprise production analysis released by the China Cotton Association in May, the domestic textile raw material market continued to decline in May, and the decline was larger than that in April. The number of enterprise purchases decreased by 9.8% compared with that of April, and the quantity of raw material procurement decreased. However, the number of imported cotton increased from the price advantage, and the number of purchases increased sharply, with an increase of 42.5%. This is the conclusion made by the China Cotton Association after investigating 90 key cotton textile enterprises in 17 provinces.

In Liu Cheng's view, for textile enterprises, the fluctuation of raw material prices has an obvious impact on production. Along with the reduction of raw material procurement, the main economic indicators and profits of textile enterprises have continued to decline, and the phenomenon of small and medium-sized enterprises' stop production and production restriction has become more serious.

In the first half of the year, China's textile industry showed a downward trend.

According to relevant information, Dezhou, Shandong is one of the key cotton producing areas in the country, and its cotton spinning capacity is 1/7 of Shandong and 1/20 of the whole country.

Ma Junkai, Deputy Secretary General of the Dezhou Cotton Association of Shandong, did not hesitate to interview reporters when interviewed by reporters: all cotton textile enterprises using cotton as raw material are in a state of loss.

Use cotton at the same time.

The mixed textile enterprises are in between micro deficit and small profits.

The new fiber enterprises, which do not use all cotton chemical fibers, have made profits, but their profitability has dropped significantly over the past few years.

In addition, the reporter learned from the China Textile Import and Export Chamber of commerce that by the influence of cotton price difference at home and abroad, the export of cotton yarn was the largest in the whole country from 1 to May this year, and the export volume decreased by 22.5% compared with the same period last year. The export of cotton yarn enterprises has been greatly affected.

It should not be overlooked that the increase in domestic and foreign cotton prices will lead to a decline in the export advantages of China's textile enterprises and seriously weaken the international competitiveness of China's textile industry.

Southeast Asia and other countries are beginning to show their advantages in terms of production and price.

In the international market share will face a downward dilemma.

"Now this period is blank and intermission. Cotton is basically mature in September. When domestic cotton is listed, domestic prices may be at a low level."

Based on this, the biggest voice in the industry is to open up cotton import quotas, increase import volume to stabilize price differentials, and increase the pportation of local high-quality cotton.

Founder of cotton futures researcher Cai Pingxia said that from the current data, 2011/12 cotton annual total of about 2 million 500 thousand tons of cotton import quotas.

"In the new cotton year, the country will still control the quota distribution before the market really improves, which will to a certain extent support the domestic cotton prices.

Therefore, it is unlikely that the quota will be issued again later. "