According to the feedback of some weaving factories in Zhejiang, Jiangsu and other places, due to the surge in electricity supply, the limited electricity policy will be introduced in July and August, which is expected to have a certain impact on cotton textile factory orders, scheduling, delivery, etc. (A few enterprises in Nantong have been notified).
On the one hand, some of the unfinished orders of weaving, printing and dyeing, clothing factories to catch up on production; On the other hand, enterprises are very cautious about receiving medium and long-term orders, but the heart cannot be delivered according to the contract due to insufficient power supply, and the purchaser claims.
From the survey, as of now, Guangdong Foshan, Zhongshan and other weaving mills (including denim, Oxford cloth, etc.) open probability to maintain about 20%; The opening rate of weaving factories in Nantong, Suzhou and other places in Jiangsu has also dropped to 4-5 percent, and the purchase demand for pure cotton yarn, blended yarn and chemical fiber yarn has further slowed down.
Several small and medium-sized textile enterprises in Henan, Anhui and other places said that there are only two ways for short term enterprises to face: first, by giving employees a holiday, reducing workshop production, switching to high-count yarn or blended yarn, etc., to reduce working capital as much as possible; The second is to passively increase yarn inventory at the same time, sell goods at a lower price in advance, and increase the recovery of goods.
A 50,000 ingot textile enterprise in Suzhou, Anhui Province, reflected that although the current cotton inventory has fallen to less than 15 days, there is still no plan to replenish the inventory before mid-July, with Zheng cotton CF2309 contract to recover 16500 yuan/ton mark again, spinning 40S and above cotton yarn losses further expanded; In addition, weaving factories and middlemen in Jiangsu, Zhejiang and other places place increasingly slow orders, and the implementation of the contract has been repeatedly delayed, and textile enterprises need to reduce production in an appropriate proportion to avoid risks.
From the survey, by June 30 Zheng cotton morning rebound impact, cotton spot base price, price once again rebound, high indicators of high water resources increase, poor spinnability, low indicators of late flowers are flat or stable slightly up. Today, the "double 28" (or single 29/30, the main grade 31) basis price of the supervision database in Xinjiang rose to 17350-17450 yuan/ton; Henan, Shandong, Jiangsu and other internal storage rose to 17600-17750 yuan/ton, and the increase was basically synchronized with the Zhengmian CF2309 contract.
Industry analysis, in the downstream of a weak, bearish atmosphere, the cotton period is now a sharp rise in the upstream and downstream contradictions will be intensified, the probability of textile enterprises to further decline, cotton consumption demand contraction, will eventually shoot their own feet.
In addition, according to the survey of the China Cotton Association, the overall opening rate of pure cotton yarn enterprises is maintained at about 60%, and the general plan to reduce production. Cotton prices continue to fluctuate, the downstream market recognition is not high, cotton yarn price transmission is not smooth. The sales of yarn products have slowed down, enterprises have to maintain production and avoid inventory expansion, profit margins have been significantly compressed or even at a loss, and business difficulties have intensified. It is not expected that the market will improve in the short term.
According to the reflection of the blended yarn cluster enterprises, the purchase of raw materials is bought with use, and the overall pace of market purchase and sales has slowed down. With the downstream weaving factory opening rate has declined, in the case of insufficient orders, enterprises produce conventional products to maintain operation, product inventory continues to increase. Companies generally lack confidence in the future market.
According to the reflection of the color spinning cluster enterprises, the current opening rate is about 80%, the production is basically domestic sales orders, and the export orders are less than domestic sales. Due to the current high cost of raw materials, the sales price of color spun yarn products is not large, and the overall profit situation is not good. The status quo is expected to prevail in the near future.
The power rationing policy wil
