2016/2017, China's cotton production is expected to continue to decline, while consumption is expected to moderate increase in the year .and further expand the supply gap, cotton prices will further upward. At the beginning of 2017, the downstream textile enterprises actively replenish the domestic cotton prices gradually. Whether the reserve cotton sell, or capacity changes, the downstream replenishment, the domestic cotton price fluctuations in the final analysis is caused by supply and demand.
2016/2017, China's cotton production is expected to continue to decline, while consumption is expected to moderate increase in the year to further expand the supply gap, cotton prices will further upward.
Global ending stocks declined again
January US farmers report, 2016/2017 annual global cotton production was once again raised 240,000 tons. The index has been raised for five consecutive months. Among them, China's cotton production increased 220,000 tons, which is expected in the 6 months after the first increase in production data unchanged; US cotton production increased 90,000 tons. At the same time, global cotton consumption down 3 million tons, mainly due to India's consumption is expected to decline.
Yarn production growth picked up
According to the National Bureau of Statistics data, in January-December 2016, China's yarn production of 42.418 million tons, an increase of 1.943 million tons, the growth rate of 4.8% over the same period in 2015 increased by 1 percentage point. China's yarn production growth after 2013,2014,2015 for three consecutive years of decline in 2016 after the rebound.
Cotton price ratio has declined
With the implementation of cotton direct subsidy policy, the domestic cotton prices fell sharply, cotton prices fell, or even inverted phenomenon. 2016 year-to-date, cotton daily average price of 0.9387, compared with the same period in 2015 decreased 0.0982 over the same period in 2014 fell 0.492. At the same time, cotton price fluctuations in the normal range, there is no obvious trend of change. Cotton sticky price lower, slowing down the chemical fiber substitution rate of cotton, is conducive to the promotion of domestic cotton consumption.
Textile finished goods inventory decreased
As of December 2016, China's textile and apparel retail sales of 1.4433 trillion yuan, an increase of 7%, an increase over the same period in 2015 decreased by 0.29 percentage points, the decline over the same period in 2015 convergence 2.44 percentage points. Before 2013, China's textile and garment retail sales growth in a period of rapid growth, year on year increase of more than 20%. In 2013, the increase began to decline. By 2015, the increase will drop to less than 10%.
Terminal exit slowdown
According to the latest data of the General Administration of Customs, China's textile and apparel exports totaled US $ 267.235 billion in the first 12 months of 2016, down by US $ 16.665 billion compared with the same period in 2015, representing a decrease of 0.98 percentage point over the same period in 2015, to 5.87%. Exports of textile yarn, fabrics and products amounted to US $ 106.217 billion, down by 3.04% year-on-year, down by 0.69 percentage point over the same period in 2015. Exports of clothing and accessories were US $ 161.018 billion, down by 7.65% year-on-year, Percentage points. End product from the domestic and international sales data, China's textile industry downstream consumption slightly warmer.
Source: Futures Daily
China's textile industry is currently in the process of accelerating the construction of textile power in 2017, the industry will remain stable in the general trend.
Reporter on the 5th from the China Textile Industry Federation was informed that China's textile industry in 2016 to maintain stable operation, easing stabilization, stability for the better, China's textile industry is still an important force to support the entire national economy.
The latest statistics show that before November 2016, China's textile industry enterprises above designated size industrial added value increased by 5.2%, lower than the growth rate of 1.2 percentage points a year earlier. At the same time, the entire industry focus on the quality of the area is stable and good operation, the first 11 months of the above-scale textile enterprises sales profit margin higher than 0.02 percentage points a year earlier.
In the cotton policy of timely adjustment, cotton prices are generally stable circumstances, is expected in 2016 the year the Chinese textile industry, industrial added value increased by about 5.5% year on year, the main business income increased by about 4%; total exports will show negative growth, but its decline Or have narrowed.
According to reports, 2017 is to promote China's textile power construction of the key year. 2017 world economic growth is expected to be higher than 2016, the world economy continues to improve will become an important background for the development of China's textile industry. At the same time, China's domestic supply side of the structural reform in depth, macroeconomic stability for the better, which will become an important support for the development of the industry as a whole.
Under the new situation, in 2017, China's textile industry will make full use of the international and domestic markets and resources, promote innovation and development based on technological innovation, and promote the development of lean manufacturing in the direction of intelligent manufacturing, thus accelerating the pace of building textile power.
Source: China News Network
A Xinjiang Uygur Autonomous Region People's Government issued to the Ministry of Finance estimates at present, Xinjiang's cotton yarn production cheaper than the coastal area of 3600 yuan per ton cheaper than the Vietnamese 4600 yuan ... ...
A careful look at the distribution of the advantages of China's cotton yarn market is not difficult to find: the traditional Mainland yarn; imports of low-grade yarn and "contrarian up" Xinjiang yarn already "three pillars." Xinjiang is becoming the current investment in the textile industry the highest heat of the region.
Prior to this, China imported a large number of foreign cotton yarn, more is the structural adjustment of the domestic textile industry demand. For China's cotton industry, after years of rapid development, all kinds of manufacturing costs began to remain high, structural adjustment is imperative. Improve product added value, eliminate backward production capacity become a top priority. The India, Pakistan's cotton yarn products, just to meet the low-end market gap.
With the influx of foreign cotton yarn and domestic cotton prices continue to rise, the domestic textile enterprises to invest in Xinjiang quietly become a hot spot. In support of national policy, in 2014, a large number of cotton textile projects in Xinjiang to take root. Huafu Color Spinning, Tianhong Textile, Henan Xinye and many other leading cotton textile enterprises in the Mainland to invest and build factories in Xinjiang, the speed is faster than expected. The statistics show that by the end of 2015 cotton production capacity has reached 12 million. In the case of the same aggregate demand, Xinjiang, a huge cotton textile production capacity of the domestic cotton yarn market a major impact.
Since 2016, Xinjiang cotton yarn production capacity began to obtain greater release, and with the Mainland yarn, yarn imports of the comparative advantage in the sudden emergence of all-round to seize market share in the low-high yarn in all areas of competitiveness. Now, in Xinjiang, launched a new spinning project, advanced technology and equipment, product quality is complete, tens of millions of pieces of Xinjiang yarn is becoming the backbone of foreign cotton yarn to resist the impact.
Xinjiang as the main cotton producing areas, cotton resources accounted for more than 60% of national production, initially formed with cotton and viscose fiber-oriented industrial system. Cotton resources, land resources, energy resources and local industries such as Xinjiang, the advantages of action to lay a solid foundation for the development of textile and garment industry, textile and garment industry is becoming a key pillar industry to promote employment in Xinjiang. By the state and autonomous regions introduced a series of policy incentives, Xinjiang textile and garment industry continues to force, the scale of investment continues to expand.
According to statistics, in 2016, Xinjiang textile and garment industry investment in fixed assets 47.97 billion yuan, an increase of 50.9%; the number of textile and garment enterprises to 1964, compared with the end of 2015 new 504. Another data show that since 2014, the Xinjiang textile and garment industry fixed asset investment totaled 89.37 billion yuan, more than the sum of the previous 35 years of investment.
Such potential advantages as well as the "Silk Road Economic Zone" core area and the opening of the window to the west of the great potential to enable Xinjiang to speed up industrial support, improve the industrial system, expand employment effect will be promising. It is expected that by 2020, Xinjiang will basically be built into the national important cotton spinning industry base, northwest region and the Silk Road economic zone core area clothing apparel production base and westward export distribution center.
The textile industry is a traditional pillar industry, an important livelihood industry and the creation of new international advantages of the industry, science and technology and fashion integration, clothing consumption and industrial simultaneously with the industry. Responsible investment in the textile industry reflects the harmonious development between the development of the industry and the society and the ecology. It is an investment based on sustainable development. In Xinjiang this piece of land contains the opportunity must be given to those who cherish the responsibility and innovative ideas of the enterprise.
Industry Yuan Jiang is different from the previous acts of Yuan Jiang, a greater degree of positioning in the strategic development of services in Xinjiang, to create competitive industries.
As the development of Xinjiang's textile industry by the Chinese economy in a specific period of the impact of strategic adjustment, and therefore has a special track. In undertaking the eastern and central textile industry, the transfer process, should be combined with their own unique advantages, the formation of their own labels. Remove the regional characteristics, national characteristics, green manufacturing, the development of responsibility will undoubtedly become the brand of Xinjiang to create a new light-emitting point. To this end, the textile industry enterprises should seize the aid Xinjiang Xinjiang economic development, "Niuzi Zi", relying on Xinjiang cotton resources, grasp the strategic opportunity to create a bright brand to reflect the characteristics of Xinjiang.
Source: Xinhua
The textile industry will remain stable in 2017
China's textile industry is currently in the process of accelerating the construction of textile power in 2017, the industry will remain stable in the general trend.