The Cotton Textile Prosperity Index Report was released by the China Cotton Textile Industry Association

Judging from the “Cotton Textile Prosperity Index Report” released by the China Cotton Textile and Weaving Industry Association in 2016, from January to November 2016, the entire cotton textile and weaving industry was generally stable, and the prosperity index was basically It remains above 47, with only July and August reaching above 48, and February being below 47.

Product inventory index, product sales index, raw material inventory index, production index, purchase price index, and operating index are also basically stable and have little change. The various prosperity indexes announced by the China Cotton Textile and Weaving Industry Association are derived from a comprehensive analysis of the operating conditions of its member companies. The member companies of the China Cotton Textile and Weaving Industry Association are basically the mainstay of the Chinese cotton textile industry. Overall, 2016 The industry as a whole is relatively stable this year.

However, Ye Jianchun, vice president of the China Cotton Textile and Weaving Industry Association, pointed out at the second enlarged meeting of the fifth board of directors held in October 2016: “According to the main economic indicators of the enterprises tracked by the association, in 2016 Since the beginning of this year, corporate losses have gradually narrowed, but the prosperity index is still below 50.”

Investment is a highlight of the cotton textile industry in 2016, with year-on-year investment growth higher than the industry average. From January to September 2016, investment in the fabric industry increased by 9.54% compared with the same period last year, investment in the cotton textile yarn finishing industry increased by 18% year-on-year, and investment in the cotton weaving and finishing industry increased by 21.78% year-on-year. Ye Jianchun pointed out that the main reason is driven by the growth of investment in the central and western regions, mainly Xinjiang.

In addition, the denim industry also shows an overall positive trend. The Cotton Textile Prosperity Report for November 2016 released by the association pointed out: Weaving enterprises reported that throughout this year, the production orders and profitability of yarn-dyed fabrics were not optimistic, while the denim market was relatively active. Analysis of the main reason is that it is still homogeneous Global competition is fierce. Small and micro enterprises lack price advantages in the field of yarn-dyed fabrics and have weak financial strength, so they are gradually launching into the market. At present, most denim enterprises have climbed out of the difficulties in the past two years, and their business methods and innovation capabilities are also changing. Keep changing and digging.

Ye Jianchun made a simple prediction on the future trend at the council meeting. He pointed out that it is expected that in the future, international economic growth will be slow, political turmoil, international trade will slowly decline, production costs will be high, and product export competition will be under great pressure. ; The domestic economy has reached the expected 6.7% growth forecast, but the pressure on real enterprises is still great; demand is difficult to increase significantly in the short term, and the overall market is stable and slowing down; the quality of cotton in the new year is estimated to be generally better than last year; due to the supply of cotton in the new year , the price difference between domestic and foreign cotton, quotas and other factors, cotton for fabrics still needs to be replenished by importing and reserve cotton; the price difference between domestic and foreign cotton has narrowed, and the price advantage of Xinjiang yarn, etc., can effectively restrain the import of yarn; with the price and quality expectations of new cotton, expectations are placed on Good orders will be obtained during the peak production season, and prices will gradually be passed on to downstream gauze products; it is estimated that the overall operation of the industry will be stable and good throughout the year.

AAAGFHTRYKUYIU7OUP

Disclaimer:

Disclaimer: Some of the texts, pictures, audios, and videos of some articles published on this site are from the Internet and do not represent the views of this site. The copyrights belong to the original authors. If you find that the information reproduced on this website infringes upon your rights, please contact us and we will change or delete it as soon as possible.

AA