Spinning finished product inventories increase sale for cash flow
According to the reports from the offices of the State Cotton Market Monitoring System, in December most textile enterprises did not have large inventories of raw materials, but the inventories of finished products kept increasing while the sales of yarn and fabrics started to be reduced in order to strive for more cash flow. The environmental supervision and inspection of Jiangsu and Zhejiang regions Cotton textile enterprises greater impact. Details are as follows:
Ample market supply, textile raw materials stocks, finished products inventories continue to increase. Since November, there has been ample supply of raw materials on the market. The processing volume of new cotton has increased sharply. The quantity of warehouse-receipt cotton has surged. The textile enterprises are expecting a slack supply of domestic cotton and are not worried about the purchase of raw materials. However, the downstream market is weak and the sales-production ratio Decline, not hurry to replenish the library, with the use of buy, most of the textile raw materials stocks are not large, but the finished product inventory is increasing. It is understood that most of the enterprises have completed the use of reserve cotton, currently using mainly Xinjiang new cotton. Cotton yarn prices continue to fall, the market continued to slump.
Environmental supervision and inspection of cotton textile enterprises in Jiangsu and Zhejiang greater impact. Supervision and inspection of environmental protection departments in Jiangsu and Zhejiang cotton textile enterprises and chemical fiber manufacturers impact is still large, some due to environmental pollution discharge of small businesses have suspended the rectification or closure. By January 1, 2018, the 10 wading industries, including the printing and dyeing industry, must be "certified." This means that printing and dyeing enterprises will be in no position to make progress if they do not have a sewage permit.
Textile companies need to return the funds by the end of the year, yarn, cloth prices can still be taken away. In December, due to the need for corporate funds to be withdrawn from circulation by the end of the year, sales of yarn and cloth products have been reduced in price. At present, the selling price of 40 carded pure cotton yarns is 23200-23800 yuan / ton; the sales price of 32 carded pure cotton yarns is 22200-22700 yuan / ton; the sales price of pure cotton yarn is 200-300 yuan / ton lower than that in November . Cloth sales price fell slightly compared with November 0.1-0.2 yuan / m.
No advantage of foreign cotton, slow shipping. Qingdao Port arrived in Hong Kong one after another cotton 2,000 tons. Due to the absence of quota temporary clearance, Australian cotton price of 17,600 yuan / ton, US cotton price of 17,000 yuan / ton, Brazilian cotton price of 16,700 yuan / ton. No advantage compared with Xinjiang cotton, shipping slowly.