Cotton Textile Enterprises Worry: Cotton Yarn Prices Go Strong Together

　 From September 2009 to the end of June this year, the prices of cotton and yarn have been strengthened. Textile enterprises, especially the spinning enterprises, are in a good market for ten years. In the near future, with the coming of the national dumping and consumption slack season, cotton The price of yarn has dropped, but the textile industry is looking forward to the continuation of good days.

And the gap between supply and demand of cotton remains undeniable. Cotton price The era has become the past. Insiders say that cotton spinning enterprises have to train their internal strength first if they want to harvest.

With the cotton inspection team of Zhengzheng merchants in 2010, the author found that with the rise of cotton prices, textile enterprises, especially spinning enterprises, have benefited greatly. As the middle reaches of the cotton spinning industry chain, the spinning enterprises have not reduced their profits because of the rising cost price, but they are out of the hot market with cotton.

Liu Zhong, vice president of Henan China Industrial (Group) Limited by Share Ltd, told the author: "since last year, the market of textile enterprises has been very good. Over a period of time, enterprises even took the initiative to raise prices for cotton yarn, which has not been seen in the past 10 years, and belongs to an abnormal year." According to industry sources, yarn prices have risen more than cotton prices. Some spinning enterprises have even made profits of 20%, which is equal to earning 10 years of money.

For the frantic yarn price, Liu Zhong reluctantly said: "we do not want to raise prices, but cotton prices are rising." He stressed that 09-10 can only serve as a special case, not the normal state of the textile industry.

New Lake futures Analyst Liu Qing said that since the price of yarn has increased along with cotton prices since the beginning of the year, and the yarn price has risen more than cotton prices, the sales profit margin of textile industry has reached a new high since 06 March, but the sales profit margin of downstream textile, clothing, shoes and hat manufacturing industry is not as good as that of upstream textile industry, but the overall water level has exceeded that before the economic crisis. In terms of gross profit margin, both textile and downstream textile, clothing, footwear and hat manufacturing industries are located on the average of nearly 10 years.

With the recovery of textile market demand in the lower reaches, the price of cotton yarn has risen sharply with the rise of cotton prices, and the listed companies related to cotton textile have also made brilliant achievements in the first half of this year. In the first half of the year, Huafang textile realized sales revenue of 526 million yuan, gross profit margin reached 13.55%, and realized net profit of 33 million 270 thousand yuan, an increase of 301% over the same period last year. Huafu color spinning completed sales revenue of 2 billion 289 million yuan in the first half of this year, an increase of 42.71% over the same period last year, achieving a net profit of 164 million yuan, an increase of 104.31% over the same period last year.