1n recent years, the price difference between domestic and foreign cotton is widening, the raw material cost of China’s textile enterprises is high, and the textile enterprises are very difficult to operate. Starting from this year, the state will cancel the temporary purchase and storage policy of cotton and implement the target price reform, which will narrow the price gap between domestic and foreign cotton and ease the operating pressure of textile enterprises
the high cotton price difference puts pressure on enterprises
the reporter learned that due to China’s implementation of the cotton purchase and storage policy, the cotton price has not been in line with the international market, and the international cotton price has continued to decline in recent years, showing a trend of high inside and low outside. The widening price difference between domestic and foreign cotton makes Chinese textile enterprises feel great pressure
“in recent years, the raw material cost of China’s textile enterprises is very high, which is mainly due to the high domestic cotton price. However, the raw material cost of foreign textile enterprises is much lower than that of domestic textile enterprises, which directly affects the profits of China’s textile export enterprises. The high price difference between domestic and foreign cotton makes textile enterprises feel the pressure of operation. ” Mr. Wang, head of a textile export enterprise in Hunan Province, said” As the price difference between domestic and foreign cotton is too large, our orders are less and less in recent years. ” The person in charge of Hangzhou light industry technology textile import and Export Co., Ltd. said that last year, the production lines of some of the company’s factories were idle in August and September. 1n the past, July to September was the peak period of processing and production, and there would be no idle situation. On the one hand, the international market was not good last year; on the other hand, customers transferred some orders to Vietnam and other Southeast Asian countries
Hunan Yintai Textile Group has begun to purchase cotton from other countries. The reporter learned that Hunan Yintai Textile Group has its own spinning mill, but in recent years they have to buy cotton yarn from Pakistan, 1ndia and other places. The cotton yarn of those countries is 12000 yuan / ton, but the domestic cotton is 19000 yuan / ton. The price of imported cotton yarn is much cheaper than that of domestic cotton. The import of cotton yarn is not restricted, and the industrial chain is seriously upside down. These situations have a direct impact on China’s cotton textile enterprises< 1n an interview with the media, Zhu Sujun, head of the 1nternational Trade Department of Shanshan Group, once said that in recent years, the group's exports have been relatively bleak, the pressure is relatively high, the price has been pressed very low, and the order quantity is getting less and less. 1n the past, the order quantity of a uniform order was at least 500 pieces, but last year it was only 200-300 pieces< Sun Liwu, market analyst of Zhuo Chuang information, believes that the cotton market, which has formed the habit of autumn storage, will have a relatively obvious shock after the lack of direct policy support. 1n the future, domestic cotton prices will gradually move closer to international cotton prices industry insiders said that after the implementation of the target price subsidy policy in 2014, the domestic cotton price will be dominated by the market mechanism, and the internal and external price difference will return to the normal level. 1t is understood that under the premise that China’s cotton import policy has not been greatly adjusted, the price difference between domestic and foreign cotton is in the range of 1000 ~ 1500 yuan / ton, which can be borne by textile enterprises. According to the average price of imported cotton arriving at the port is about 82 cents (according to the exchange rate of 6.2), equivalent to 1% of RMB, the tariff quota including tax and fee is about 14100 yuan / ton, the sliding allowance tax including tax and fee is 14700 yuan / ton, and the full tariff and fee is 17900 yuan / ton. According to the above prediction, the industry estimates that the average price of domestic cotton in 2014 is 15000 ~ 16000 yuan / ton< According to Jiang Hui, President of China Textile 1mport and Export Chamber of Commerce, the cancellation of the temporary purchase and storage policy and the implementation of the target price reform will bring benefits to the industry. The narrowing of the price gap between domestic and foreign cotton will help to enhance the international competitiveness of China's textile industry and increase the export market" 1t is a good news for our textile enterprises that the state cancels the temporary policy of purchasing and storing cotton and implements the target price reform instead. This national policy will reduce the price of domestic cotton and help narrow the price gap between domestic and foreign cotton. Our domestic textile enterprises will be able to buy low price cotton. " A person in charge of a textile export enterprise in Shandong said" Starting from this year, China's textile enterprises will no longer worry about the high price of raw materials. " A person in charge of a textile enterprise in Henan said that the state's target price reform of cotton will reduce domestic cotton prices, the gap between domestic and international cotton prices will be smaller and smaller, and the profits of domestic textile enterprises will gradually increase this article is a reprint of 1nternet media, which only represents the author’s point of view and has nothing to do with this website. 1f the information column articles and comments violate your legal rights, please call to let us know and we will deal with them in time