The Upstream Price Of Cotton Spinning Industry Is Continuously Blocked Down Downstream.

Cotton prices rose larger, market orders were significantly reduced, inventories continued to increase, the competitiveness of China's cotton textiles was weakened again, and export orders decreased.

The pressure of operation is huge. Since May, the operation of cotton textile enterprises has become more and more serious, and production has been declining, resulting in continuous production of enterprises and the market reaction is quite strong.

The cotton spinning enterprises that had suffered a lot recently had to unite to reflect the situation to the competent authorities.

It is reported that recently there are nearly 150 Shandong, Hebei, Henan, Zhejiang and other places.

In the form of telephone, joint letter, and so on, I would like to report to the China Cotton Textile Industry Association about the problems in the delivery of reserve cotton. I hope that the relevant departments of the state will be encouraged to solve the cotton problem in cotton spinning enterprises as soon as possible so as to ensure the normal production of cotton textile enterprises.

In this regard, the China Cotton Textile Industry Association organized a forum on cotton textile enterprises in July 21st, and discussed the issue of cotton reserves put forward by enterprises.

A questionnaire survey was conducted in terms of daily turnover, auction margin and qualification.

At present, the findings of the survey have been announced, and 100% textile enterprises require the suspension of non textile production enterprises to participate in the auction of cotton reserves in order to curb speculation in time.

In this forum, textile enterprises have offered suggestions for the reference of relevant departments, hoping that relevant departments can promptly and effectively solve the practical problems and let the textile market have a benign production and operation environment.

Otherwise, the situation will continue to grow.

Enterprises are really unable to afford it.

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Recently, the shortage of cotton resources in cotton textile enterprises is becoming more and more serious.

With 34 cotton textile enterprises in Henan Province jointly submitted to the relevant departments of the state, recently, nearly 150 cotton textile enterprises in Hubei, Hunan, Shandong, Hebei, Zhejiang, Fujian, Jiangsu, Guangdong and other places, in the form of telephone and joint letter, reflect the problems of cotton storage in the cotton textile Industry Association of China. I hope that the relevant departments will be encouraged to solve the cotton problem in cotton textile enterprises as soon as possible so as to ensure the normal production of cotton textile enterprises.

In this regard, the China Cotton Textile Industry Association organized a forum on cotton textile enterprises in July 21st to discuss the issue of cotton reserves put forward by enterprises.

The Ministry of Commerce, the Ministry of industry and commerce, the national cotton trading market, the China Fiber Inspection Bureau, the China Cotton Association, the China Textile Industry Federation and the more than 70 cotton textile enterprises attended nearly 100 people.

The state's cotton reserve policy is aimed at easing cotton use problems in cotton textile enterprises, stabilizing cotton prices, narrowing the difference between inside and outside cotton prices, and achieving the goal of national reserve cotton inventory.

But in practice, the trend of the cotton market is far from the original intention.

Zhu Beina, President of China Cotton Textile Industry Association, said cotton prices rose rapidly, and sales of cotton products further slowed down due to insufficient supply of Japanese cotton in the process of delivery of cotton reserves, difficulties in warehousing and traders' participation in speculation.

The price of Zhengzhou cotton in July 15th reached 15570 yuan / ton, up nearly 5000 yuan per ton compared with the beginning of April, and the spot price of cotton rose by about 2700 yuan per ton.