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In August, the overall stability of the textile industry was well balanced. Textile enterprises were more stable with cotton than basic, with a small increase in monthly cotton consumption and a slight increase in raw material procurement. In terms of cotton structure, the proportion of New Territories cotton and imported cotton fell. After the middle of the year, the grey cloth market is going to accelerate the inventory progress, and the raw materials of weaving enterprises are highly motivated, and the market activity is improving, and the market expectations are more optimistic. According to China cotton early warning information system of the 90 designated textile enterprise survey results showed that the yarn production fell 0.3% in August, among them, the increase of pure cotton yarn accounted 0.42%, blended yarn ratio increased by 1.05%; Cotton production increased by 1.25 percent year on year, while the percentage of pure cotton fabric increased by 1.72 percentage points, and the blend ratio decreased by 0.80 percentage points. The production and marketing of textiles are small and the stocks are relatively stable Cotton textile market was stable in August. In accordance with the national textile companies surveyed data show: 0.06% yoy increase yarn production during the month, among them, 71.08% pure cotton yarn, fell 0.05% last month, blended yarn 23.05%, a 0.04% increase last month; The output of cloth was reduced by 0.07% from the previous month, of which the proportion of pure cotton fabric increased by 1.5 percentage points. For the month, the yarn sales rate was 95.11%, down 1.13 percentage points from the previous month. At the end of the month, the yarn inventory was about 19 days, one day more than last month. The stock is in stock for about 24 days, four days less than last month. Domestic cotton yarn price to stop the stabilization At the end of the month, the price of standard leather cotton was about 15916 yuan/t, up 28 yuan/t from the end of July, or about 0.18%. The average price of domestic 18.22 Tex cotton yarn per month is 23016 yuan/t, which is 90 yuan less than that in July, and about 0.39%. The average price of imported yarn on the spot 18.22 Tex is 23288 yuan/t, down 31 yuan from last month, or 0.13%. At the end of the month, the spot price of imported yarn was 331 yuan/t higher than the domestic yarn, and the difference between the two prices was RMB 149 /t at the end of July. The inventory of raw materials is stable and the cotton structure is fine-tuned In August, textile company cotton stocks were essentially unchanged from last month. As of August 31, the number of cotton industrial stocks in China's textile enterprises was about 70.99 t, down 0.04 million t from the end of July, according to the inventory of cotton stocks and the amount of cotton used in the survey. Of these, 30% reduced the inventory of warehouse cotton, 25% increased in warehouse cotton stocks, and 45% of the textile enterprises maintained basic stability. In the month, the enterprise use cotton structure to make fine tuning. The proportion of cotton used in xinjiang declined slightly. According to the survey, the textile company New Territories accounted for 73.78% of the total cotton amount, down 7.61 percentage points from last month. Of those surveyed, 24 percent increased their use of New Territories, 22 percent reduced their use of New Territories and 54 percent remained stable. The use of cotton for textile enterprises has decreased from last month. According to the survey, the proportion of textile enterprises using imported cotton was 12.67 percent, down 0.14 percentage points from the previous month. Of the companies surveyed, 4 percent increased their use of imported cotton, 15 percent reduced the use of imported cotton and 81 percent of enterprises used the same proportion. China's textile clothing exports continue to recover In August 2017, China's export of textile garments was $26.283 billion, down 5.91 percent year on year and 3.12 percent from the previous month. In january-august 2017, China's total export of textile clothing was 176.0.39 billion us dollars, down by 1.29% from the same period last year. For the whole year of 2016/17, China's total export textile apparel was 2653.2 billion us dollars, down 4.50% from the same period last year. |
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