Last September to the end of June this year, the price of cotton yarn, associated, textile enterprises, especially in spinning enterprise in ten years of good market. Recently, with the country into the store and consumption during the off-season, cotton, yarn highs, textile industry is expected to continue to extend day. But the gap is still cotton supply known fact, low MianJia era has become the past, the personage inside course of study expresses, textile enterprises, will start practice desires.
The textile industry on a spring
Reporter with cotton in investigation delegation by zce discovery in the process, with cotton prices, textile enterprises especially spinning enterprise benefit. As cotton industry chain, spinning enterprise not swim because of rising costs and shrinking profits, but with the cotton market together out of the boom.
Henan Chinese industrial (group) Co., ltd., vice President liu zhongkai told reporters: "since last year, the price of textile enterprises, while actively raise price purchasing enterprise even yarn, this was not seen in recent 10 years, belong to abnormal year." According to insiders revealed, yarn price rises are tough, some MianJia than even reached 20% profit spinning, equal to the put 10 years of money earn back.
For crazy, liu zhongkai helplessly yarn, said: "we don't want to, but MianJia pushed prices up." He stressed, 09-10 years, not only as a special case of the textile industry.
LiuQing analysts said new futures price since this year, thanks to MianJia yarn with high way, and the price rise above MianJia yarn, textile sales profit from 2006 to march, but since the downstream textile clothing, shoes, hats manufacturing sales profit as the overall level of textile industry, but the upstream economic crisis has more than before. Gross margin, whether from textile or downstream of the textile and clothing, shoes, hats are located nearly 10 NianJunZhi manufacturing.
Along with market demand, downstream textiles with the cotton price of cotton prices high and sharply, and cotton related listed companies in the first half of this year's performance has quite beautiful. HuaFang textile [14.650.55%600273] (first cotton business sales income 5.26 billion yuan, the profit margin of 13.55%, 3327 yuan, a year-on-year growth of 301%. HuaFu color spinning 24.160.00 %] [002042 (first) sales income 22.89 billion yuan, a year-on-year growth of 42.71% 1.64 billion yuan, profit, 104.31% year-on-year growth.
View of cotton supply shortfall
In the process of investigation, digital textile business reporter found a "hard to get" the stock market with cotton, enterprises are very low, stock again, the contradiction between supply and demand. Liu zhongkai told reporters: "at present, the company starts to 100%, downstream unobstructed, product sales, speed and finished goods shortage 10 days." He then explain last year, international economic situation gradually warmer, the global large retailers, pull the centralized replenishments textile yarn, a sharp increase in the price of textile fabric, and the filling requirements of rigid until now still exist, each big retailers existing stock is still inadequate and the usual energetic 1/3.
DongShu ambition of futures research institute, told reporters, "cotton business inventory is extremely low, because this year ZhongMian area, the weather warmed, and consumer spending a year period, gaps are digested inventory turn." To satisfy the low stock enterprise, enterprise needs of cotton demand expansion is high, the MianJia MianJia also rise, this is the yarn valence 10 year 2009 - MianJia interact with gauze price stronger.
"In recent years, the rare and is driven MianJia supply shortfall in the bull market, a typical brings the cotton textile industry and trade of fire. Because the price of conduction time effect on prices and industrial chain, accept the upstream in textile industry and trade in this cotton bull, and gain a downstream of the textile and apparel industry in recent average level." Analysts LiuQing told reporters.
In the cotton price and cotton prices rise, view in July, the relevant departments of the state began to rise MianJia fast on the market, and early warning to convey the information policy into reservoir. Under the influence of the reservoir in cast from July this year, the price of cotton yarn, and prices retreated.
"From last September to the end of June this year, cotton yarn, prices have been rising, this time is 10 years after the best cotton, but with the cotton price fell more than half of the enterprises, good, now over." Shandong dezhou cotton association deputy secretary-general MaJunKai said.
"Since the country into reservoir, yarn, and textile prices retreated into the off-season, consumer price MianJia and yarn are loose," liu zhongkai said, "but, after the country into storage inventory of calendar year lows, ChuBeiMian deficiency in one month, textile industry is worth to pay close attention to it."
Textile enterprises
Ten years of textile enterprises, in the good market, can not bring seems fleeting profit growth continues, but long plagued by problems which are increasingly prominent.
Artificially high cost, quality, farmers are not pure cotton is one of the many strong rised psychology common problem of textile enterprises. "We have felt pressure to recruit people last year, the employee salary is 800 yuan, the year 1200 yuan, but with some large enterprises and local staff turnover, estimates have higher wages." Henan a cotton enterprise said.
Texas a cotton of enterprises and the enterprises, told reporters today, and labor cost increased local youths are difficult to recruit, choose outdoor-workers to young Labour.
Shandong demian group MaJunKai told reporters about the "3 be afraid of cotton enterprises" in cotton cultivation, fear not; ZhongMian benefit in cotton purchase grain processing, afraid MianJia instability, extremes; in garment, spin and weave of cotton fiber, high level of sex of cotton."
A textile enterprise manager said MianJia not worry, high grade, but are mixed. "Farmers and cotton mixed with low grade auto-producers will sell cotton textile enterprise, now don't sell cotton textile enterprise insists to trade, is afraid of being losders."
In the process of investigation, and many owners are revealed to cotton farmers rised concerns. Because of this year, the area of domestic ZhongMian farmers might reduce produce psychological, it is reported, farmers rised from $4 to psychological price to $7, far higher than cotton the expectations of $3.8-4 bid. This is a contradiction KaiCheng new flowers, cotton enterprises must face and solve problems.
In addition, the reporter also noticed, cotton textile enterprises, especially small and medium-sized enterprises are unwilling to use futures for hedging. "The market is good, the spot and futures will appear, and as the liquor, natural hope spot and futures are making money." Texas a cotton business owners say most of the enterprise. Following this, said, ChengBao yellow futures analysts in cotton enterprises to participate in the enthusiasm is not high, the main or futures knowledge, will only use futures speculation, but not with the risk aversion, for instance, in 2008 prices plunged, if do TaoBao, enterprise can reduce losses.
"Chinese textile net source."
Editor: lara