By the end of January, Galaxy Futures Textile Division went to Zhejiang, Jiangsu and Shandong provinces of cotton yarn, fabric and garment manufacturers, manufacturers and industrial investment companies to conduct research, the results show that the quota limit imports of cotton, but cotton is no quota control, as long as the internal and external not spread narrowed still import large quantities of cotton yarn.
In cotton prices, the cost of cotton accounts for about 6 percent, while production in the fabric, yarn has accounted for about 5 percent of the cost of the cloth. But cotton is no authoritative pricing mechanism, the cloth factory in the procurement of cotton yarn, cotton main reference price, and therefore, after the cotton futures, will be an important reference index cloth factory procurement. In addition, although the industrial yarn, but compared to steel, PTA and other species, it is not a high degree of standardization, but many specifications, the quality difference is big; companies are reflected, as with cotton different, different processes, the same C32S yarn, The spot market is good and poor quality spreads up to 3000 yuan / ton. Domestic yarn advantage over 50s, especially for large companies with high count yarn spinning mainly produce low branch less yarn, on behalf of the trend of China's textile transfer from low to high. Therefore, C32S do the subject matter will be imported yarn futures pricing.
A substantial increase in imports of cotton yarn
2012 began importing cotton influx of domestic consecutive new highs. This is mainly because of September 2011 launched an unlimited amount of purchasing and storage for three years, since a large number of countries in the high-priced domestic cotton purchasing and storage, resulting in internal and external cotton spreads continued to widen. During the reserve, 1% tariff under cotton spread inside and outside once reached 6,000 yuan / ton, while the sliding tax under and outside the spread of cotton has reached 5000 yuan / ton.
Enterprises generally reflect the presence of unstable quality imported yarn and supply instability. When the import of cotton yarn, sometimes sampling is better, but eventually the entire batch of yarn quality is poor; there are companies reflects the procurement of the seller represents bleach, but found three wire after use. In the claims, the companies said, because it is not a long-term cooperation, Responsibility more trouble, eventually dropped. But there are also a large fabric companies that, due to the large scale enterprises, yarn volume, the use of imported yarn if quality problems, foreign mills usually send someone to solve, are generally resolved smoothly. In the procurement of imported yarn, the proposed mill site visits abroad, or choose a reputable traders large domestic transactions. Overall, the production of high-end products of large enterprises purchase less imported yarn.
In comparison, the current advantage of domestic yarn is supply, stable quality, companies focus on reputation, service has some protection, in addition, is one of the advantages of a complete industrial chain. If the latter part of the domestic cotton prices fall further, both inside and outside the cotton spreads narrowed, it will highlight the advantages of domestic yarn.
On imported yarn delivery, business attitude is not the same, there are companies that will impact the domestic delivery of imported yarn yarn; but there are companies that, domestic enterprises have gradually give foreign low yarn market, according to statistics by the impact of imports of yarn, domestic C32s yarn production accounted for only about 25% of total production. Therefore, participation in the delivery of imported yarn, to attract international investors, with international significance, if not to participate in the delivery of imported yarn, does not reflect the true market conditions.
Textile industry urgently quality raw materials
From the research situation, the low-end cotton yarn facing overseas competition pushes prices lower, in order to take the amount of the main. Production of high-count yarn business survival situation is relatively good. Shandong, a large textile enterprises is yarn, fabric manufacturers and high-end top brand shirt manufacturer, currently number 780,000 spindles, all ring and compact spinning. The plant is not foreign sales of yarn, mainly for personal use. Business-related person in charge, the current situation is very good shirt orders, production staff busy.
But there are also companies reflects not busy season in 2014, breaking the previous seasonal pattern textile sales. Export orders also fell sharply compared with the situation in 2013, the order to short single, scattered single-oriented, profit is lower. First, the overall macroeconomic situation is bad, poor demand, the downstream business is not getting goods brand; the second is the raw material prices had fallen, the majority of business losses, each link in the production chain are reduced inventory, the time period down to a minimum. Currently on the links, yarn, cloth largest inventory in 2015 the situation yet see signs of improvement. Fund companies generally are more intense, the transaction must pay a deposit with section delivery; 100% cotton requires more cash, do not accept acceptance.
In addition, research learned that if you do bleached yarn package, use only US cotton or cotton and Australia, including Xinjiang, including widespread domestic cotton can not be done. This is also the problem of the cotton industry Shouchu three lead exposure. Support by purchasing and storage, farmers tend to grow in recent years, China's high-yield cotton production increased, while lower quality; see from the processing chain, purchasing and storage period then the cargo is a national, not pay attention to the process plant, quality problems is not clear. With the purchasing and storage exit, domestic cotton quality problems exposed, which requires adjustments from our farmers, processors, and all aspects of the trade, enhance competitiveness, to provide high-quality raw materials for the textile industry. (Polypropylene fibers)