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Cotton Textile Industry Ushered In Good In 2018
Feb 13, 2018

According to China Textile News understanding, in 2017 1-12, China's textile cluster production steady for the better, from the main economic indicators, cotton textile enterprises the main business income and profits grew 7.4% and 8.2% respectively, of which the above scale enterprises grew 8.2% and 8%. The average commencement rate of the cotton textile cluster enterprises is about 90%. The total number of enterprises in the cluster and the average number of employees are basically stable.


The stable operation of domestic cotton industry is inseparable from the rotation of reserve cotton, especially the reserve cotton plays an important role in stabilizing market supply and adjusting cotton price. According to the Chinese cotton network understanding, 2017 cotton reserves accumulated turnover of 3 million 220 thousand tons, turnover rate of 74%, the Xinjiang cotton estate turnover 1 million 830 thousand tons, turnover of 1 million 390 thousand tons, the cumulative turnover of enterprises 901. In terms of the transaction price, the average price of the transaction is 14754 yuan per ton. The decline in domestic cotton production area, lack of need for the pressure, cotton reserves play the role of self-evident.


In addition, in the domestic cotton prices higher than foreign cotton under normal, cotton reserves play an important role in the regulation of prices, reducing the market price, to ensure stable operation of the cotton industry. It is reported that domestic cotton spreads from the beginning of a maximum of 3000 yuan / ton is reduced to less than 300 yuan / ton, the domestic yarn to enhance competitiveness and lay a solid foundation. China cotton textile industry experts say that if the domestic and foreign cotton price difference is controlled within 1500 yuan / ton, the smooth operation of the domestic cotton textile industry can be guaranteed.


In 2018, the reserve cotton continued to implement the round out policy. It is believed that the cotton textile industry will continue to operate smoothly under the national macro-control.


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