Business club on July 3, in before the show, we had to introduce the transformation and upgrading of domestic construction industry, the refining industry is facing opportunities and challenges. Today let's take a look at the "made in China" landmark industry of the present situation of the textile industry. Since the summer, guangzhou, dongguan, foshan and other places of the textile enterprises more sad days. Some companies suffer from no orders, even sell new loom for their livelihoods. What makes life so sad of textile industry, take a look at together.
"Explanation" China textile industry association information, according to the first four months of this year, China's textile industry there is an obvious improvement in overall economic benefit from a year earlier. However, total textile clothing export growth fell significantly.
The zhengzhou Commodity Exchange cotton varieties, a senior analyst at Zhao Zhonghua 】 is it operates as the global terminal to falling consumption, orders, this is a global, the second is from the structural perspective, compete with China economic source of the economy in these countries, relatively improve their competitiveness quickly, also from our order resource.
【 commentary 】 was inadequate to lower corporate profits. Because ZhiBuChang receiving ability is limited, inhibit cotton demand directly. At present domestic cotton yarn inventory is higher. However, there are some other reasons caused this situation now.
The zhengzhou Commodity Exchange cotton varieties, a senior analyst at Zhao Zhonghua 】 the first aspect is the inside and outside of the cotton textile raw materials price difference is bigger, the second factor is the artificial cost increase, demographic dividend gradually disappear.
"Explanation", according to the first financial daily reports more than 2011 by the national development and reform commission and other departments launched GuoChuMian purchase policy, in China's domestic cotton prices higher than international market 4500 yuan per ton. Purchase cotton also takes up a lot of money. Calculated according to the 8 million tons of cotton has been put in storage, the state has invested stockpiled capital of 160 billion yuan, to pay bank interest 10 billion yuan a year, warehousing costs more than one hundred million yuan.
[host] was to stabilize the domestic cotton prices purchase policy, but because of expanding the cotton price gap at home and abroad, it affect to the small and medium-sized enterprises (smes) is given priority to with pure cotton yarn. For the enterprises who have already get the order, the situation is worse.
The zhengzhou Commodity Exchange, a senior analyst at Zhang Wenmin 】
We implement the open purchase of cotton in recent years, some of our order is for India, Pakistan, southeast Asia some textile counterparts, took our order, this is a loss for us.
"Explanation" for textile enterprise burden, ChuBeiMian management corporation announced China will intensify JinKouMian issuance. However, in the case of insufficient market demand, even throw reserves the futures of cotton, also can't immediately to solve the problem facing the enterprise.
The zhengzhou Commodity Exchange cotton varieties, a senior analyst at Zhao Zhonghua 】 first I think is new to delegate to implement, especially combined with the cotton industry economy, makes textile enterprise can't lose on the starting line, the quota is a key to this is the first and the second is combined with a big situation, the current our country cotton textile economic structural adjustment and industrial upgrading in the road, on the road to give him some tools, the tools include our cotton futures, prosperous cotton futures, open up cotton futures are means, let them fully use these tools to do big and stronger.
"Host" for now, it seems that the whole textile industry chain appeared an infinite loop. To untie the knot, you have to start from the root. However, the problem of cotton prices and food prices, has a long history. Want to pump, need is the courage to reform.
"Explanation", honorary President of China textile industry association du yuzhou believes that "there is no reason to can deny that the quota is rent-seeking system. China's cotton system has arrived must change from time to time."
The zhengzhou Commodity Exchange cotton varieties, a senior analyst at Zhao Zhonghua 】, for example, to form a good price formation mechanism, such as make good use of our market, especially the advantage of our cotton and cotton futures market will be built, I think is a more practical method. Because of the policy management is expected, and the futures skill is an expected, combine them two good, by market supply and demand, to solve the anticipated problems.
"Host" as the saying goes, better to get the bell. On the question of textile enterprises, the futures market can only help straighten out the short to medium term raw material supply and demand of the market, to tame price fluctuations. But if the price itself can not give a true picture of the supply and demand of the market, so the function of the futures trading is limited, I'm afraid. Enterprise will follow a bad finally.
The source "China textile network"
Editor: reed