The market has been volatile in recent times. In particular, the price of Zheng cotton has plummeted and skyrocketed, and the future is unclear. The cotton spot is even more miserable. Against this background, the life of textile enterprises is even more difficult. The person in charge of a textile company in Gaoyang, Hebei Province: When cotton prices are so unstable, it is best to do nothing and just keep a high level of attention. It is not advisable to say that “when a man is angry, his blood will spread five steps”.
Textile companies “lay on the bridge and watch the water flow” and dare not buy cotton. Of course, the frequent rise and fall of cotton prices is the main reason for the unstable pricing of textile companies, but behind the main reason, the living space of textile companies is changing.
Since early and mid-May, the price of high-quality Xinjiang cotton for 2016/17 in and outside Xinjiang has generally increased at 400-500 yuan/ton. The price of hand-picked cotton in Henan, Shandong, Hebei and other inland warehouses in “Double 28” and “Double 29” The delivery price is 16,000-16,200 yuan/ton, 16,300-16,500 yuan/ton (public settlement, original public inspection order), which is higher than the 500-700 yuan/ton of Zheng cotton’s recent month contract, but lower than the reserve cotton discount of 3128 yuan/ton, the standard price of 300 -400 yuan/ton.
It is understood that the current domestic market, except for JC60S and OE yarns, is surprisingly poor. The production and sales situation of C21s-C50s carded yarn and combed yarn is not optimistic. Since early May, the yarn quotations of some cotton spinning mills have been reduced by 300-500 yuan/ton. Some yarn mills have responded by increasing the proportion of polyester-cotton yarn and polyester-viscose yarn, or increasing the output of high-count combed yarn or low-count OE yarn, and reducing the production capacity of 20S-40S yarn. Some small and medium-sized yarn mills have reduced or stopped production. Case. So what is the current profit situation of cotton mills?
C21s-C40s profits have been greatly compressed, and companies face the risk of low profits or even losses.
Judging from the survey of mainland textile enterprises, since late May, there have been almost no large orders, only scattered small orders, taking some conventional varieties, or just making samples, and the prices have been significantly reduced. The actual transaction prices of C32S and 40S are 5 At the beginning of the month, there was a decrease of about 200 yuan/ton. From the 22nd to the 25th, the average transaction price of Xinjiang cotton was 15,500-15,700 yuan/ton, and the comprehensive cost of spinning C32S yarn was 22,900 yuan/ton. In late May, the transaction price of domestic mid-range C32S yarn was 23,000-23,200 yuan/ton, which was only higher than the comprehensive cost. The cost is 100-300 yuan/ton. Once the spinning loss is large, the storage time is long, or the goods are in arrears, an account period of 1-2 months is set, or acceptance payment is made, then the cotton spinning mill is likely to have no profit.
Although cotton yarn with counts of JC40S and above is profitable, the shipment is slow and the capital is tied up for a long time.
In mid-to-late May, the price of JC40S cotton yarn stabilized at around 28,200-28,500 yuan/ton (medium-sized yarn, medium-sized yarn mills, not mixed with long-staple cotton). Due to low inventory and expected shortage of high-quality cotton, yarn mills are willing to raise prices. Stronger. In 2016/17, the price of “Double 29” hand-picked cotton and “Double 30/31” machine-picked cotton in mainland warehouses is 16,400-16,500 yuan/ton and 16,600-16,700 yuan/ton. The direct cost of spinning JC40S yarn is 26,475 yuan/ton. ; The comprehensive cost of sales is 27,784 yuan/ton, so the profit of JC40S yarn spinning companies is about 500-700 yuan/ton. Considering that the current domestic high-quality Xinjiang cotton is small in quantity, has many batches, and has large quality differences, and the supply of raw materials is unstable, the stability of yarn quality in small and medium-sized enterprises is insufficient.
OE8S-OE21S yarn production and sales are acceptable, and profits are mainly supported by trading volume.
It is understood that the current transaction price of domestic OE12-OE16S yarn in Jiangsu, Zhejiang, Guangdong and other markets is concentrated at 15,500-16,500 yuan/ton (medium and high-quality cotton), and the net profit of yarn mills is generally 200-300 yuan/ton (a few high-quality OE16S, OE21S The profit of yarn can reach about 500 yuan/ton). Some mainland manufacturers bid for reserve real estate cotton at a price of 14,200-14,500 yuan/ton, mixed with OE yarn such as short velvet and combed noil, and the profits are relatively stable.
Why do mainland textile companies dare not buy spot cotton? The editor believes that it is mainly due to the lack of support downstream of cotton yarn. This year, textile companies seem to have entered the off-season ahead of schedule. Some medium and large-scale textile companies said that since mid-to-late April, the downstream gray fabrics have been depressed, and it is relatively difficult to receive cotton yarn orders. Textile companies in Henan, Hebei, Jiangsu, Zhejiang, Shandong and other places have reported that the demand for cotton yarns of 50S and above Incoming orders have decreased, and “short-term, flat, and fast” orders have been concentrated. Except for the production and sales of C32S, C40S, and JC21S yarns, the overall consumption in the downstream has weakened, and the yarn price has generally been adjusted to 200-500 yuan/ton. After the price of cotton yarn fell, the price of cotton rose. It is precisely because of this that the profit situation of cotton mills is not optimistic. In comparison, business is more difficult to do!
</p
