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China Textile Federation Appealed To The State To Suspend The Issuance Of Reserve Cotton.

2012/7/10 10:20:00 19

Textile IndustryCotton PriceCotton Spinning Enterprises

In the context of macroeconomic downtrend, the textile industry has also been hit.

According to the data released by the Ministry of industry and information technology in July 6th, 1-5 months ago, textile enterprises above Designated Size reached 21449 billion yuan in total industrial output value, an increase of 11.8% over the same period last year, and the growth rate dropped by 18.3 percentage points over the same period last year.


Xia Lingmin, vice president of China Textile Industry Federation, said that compared to the 2008 financial crisis, China's textile industry is even more miserable.

Data in the first 5 months showed that in the first half of the year

Textile industry

The whole operation showed a downward trend.

The decline in production growth, the decrease in export volume and the decline in enterprise efficiency have made the textile industry face an unprecedented grim situation.


Domestic and international market demand growth slowed down, intensified international market competition and high financing cost of enterprises has become a major problem affecting the operation of the textile industry.

Affected by the European debt crisis, the international market continues to slump and there is a big uncertainty in the outlook.

In 2011, the global import volume of textiles and clothing increased by 8.6% over the previous year, compared with an increase of 3.4% in the 1-4 months of this year.

EU demand declined significantly. In 1-5 months, China's exports to the EU dropped by 11.2%.

The domestic market is also affected by factors such as high prices and lack of market confidence.


"Apart from the market and other factors, the biggest problem facing the textile industry is the excessive domestic and foreign cotton price difference."

Xia Lingmin said that the disparity of cotton prices at home and abroad made Chinese textiles at a disadvantage in the international market competition, and thus caused the domestic market demand to be affected.


Since the fourth quarter of last year, at home and abroad

Cotton price

The difference is constantly widening.

By the year July 5th, cotton prices at home and abroad were about 4500 yuan / ton.

The increasing price difference between domestic and foreign cotton has seriously weakened the international competitiveness of China's textile industry.


Data show that China's cotton exports in 1-5 months decreased by 9% compared to the same period, cotton yarn imports increased by 78% over the same period, the import of pure cotton fabric increased by 133% compared to the same period last year, and the export volume of cotton products decreased by 3.4% over the same period last year.

The cotton mill of China Cotton Textile Association has seen a loss of 40% of its textile products, and less than 30 thousand spindles of spinning enterprises have cut production and production close to 50%.

Xinjiang is mainly producing cotton spinning primary products. At present, the loss of textile enterprises has reached 65%, the sales revenue of the whole industry has dropped by 25%, and the loss of the whole industry has exceeded 300 million yuan.


"Cotton problem will directly affect the development of the industry in the second half of the year."

Xia Lingmin said that, in this regard, China Textile Union has organized several key enterprises in the cotton textile industry, and made suggestions to the relevant state departments, and called for the early introduction of the corresponding cotton policy to solve the problem of excessive cotton price difference both at home and abroad.


"Hope to give us as soon as possible.

Cotton spinning enterprise

If the quotas are issued directly, the 3 million tons of cotton stored in the state and 1 million tons of imported cotton reserves can be postponed and stored, and the price of cotton will rise to a certain extent.

Xia Lingmin said he hoped that the state's cotton policy could take into account the interests of upstream and downstream industries, farmers' interests and domestic and foreign market conditions.

"Our appeal has been actively responded by relevant departments."

He revealed.

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