Many difficulties test the ability of textile enterprises
Affected by the debt crisis in Europe and the economic recovery of the United States, it still has to be considered. This year, the export of the textile industry encountered great difficulties with a serious decline in sales volume. The domestic market also showed unsatisfactory data. The policy of purchasing and storing cotton stabilized the cotton prices and prevented the textile enterprises from causing further difficulties due to the continued plunge of the cotton prices in 2011. Meanwhile, the domestic enterprises avoided the substantial devaluation of the stocks and allowed the enterprises to increase their prices at a relatively high price Digest high-priced raw materials stocks, the expected market stability is also conducive to the sale of finished products. In this respect, the policy of purchasing and storing goods is largely conducive to the textile industry. However, due to the purchasing and storage policies propping up domestic cotton prices, cotton spreads between domestic and foreign cotton reversed the pattern of previous years. As a result, the spread between domestic and foreign cottons fluctuated drastically, causing the textile enterprises to use the highest cotton price in the world. At the same time, rising domestic labor costs, rising energy prices, coupled with heavy tax burden, continue to test the capacity of textile enterprises. Poor corporate profits year ago by the international economic situation in the downturn, textile enterprises have been in a situation of insufficient start. Survey shows that the current operating rate is still relatively large capacity of large enterprises, small businesses started relatively poor condition. Some enterprises reflect the orders are more single bulk, in order to receive a single, fast spinning varieties of enterprises, the workshop needs to be constantly changing with cotton orders, an increase of textile enterprises burden. As of April, due to the lack of orders in March, the operating rate of enterprises has been tested, and some companies began to choose to shut down. Due to the small number of orders, companies strive for orders so that the price of the orders was pressed low, coupled with labor and other high production costs, making production profits have been severely compressed. In the survey, although most enterprises said they had a profit, and received orders at a lower price, they also got some sales, but the profits were meager. A few companies said they were in a profit or loss or a loss. Foreign cotton, non-cotton fiber increased use of proportion. Among these enterprises, cost-controlled enterprises generally have high operating rates, many of which choose to use low-priced foreign cotton to increase the competitiveness of their orders. Some enterprises also increase the amount of chemical fiber used according to customers' needs. On the one hand, enterprises reduce the proportion of raw materials for cotton, chemical fiber and other non-cotton fibers increased; the other hand, cotton raw materials to increase the use of imported cotton. Spinning enterprises to take low inventory strategy Reflected from some companies point of view, businesses more cautious procurement of raw materials, and more to take with the use of random purchase strategy, very few store cotton, inventory is the current strategy of spinning enterprises. In the industrial chain, the cost of raw materials has dropped significantly both in cotton from textile enterprises and from downstream cloth factories including printing and dyeing enterprises, which proves that the high-priced inventories brought by the high cotton prices in the previous year have basically been digested. At present, some companies think that cotton procurement is relatively smooth, relatively abundant supply, coupled with the downstream orders are still not good, there is no need to increase inventory days, the current inventory of large enterprises days in 30-40 days, SMEs inventory days in 20 -30 days, such inventory levels in recent years, low, also shows that after experiencing a surge in cotton prices and the strong state intervention, the pattern of the cotton industry chain is changing. Non-cotton fiber, Hangzhou Xiaoshan chemical fiber stocks generally high, poor sales. Stock pressure, the decline in operating rates of enterprises, mostly in the 70-80%. Finished products, the stock of spinning enterprises is still high, textile enterprises that cotton yarn and polyester yarn sales are acceptable, but the sales of gray cloth is not satisfactory. Last year, the export volume of China's textile industry reversed drastically. The export volume of cotton yarn, cotton fabrics, cotton bedding products and cotton clothing dropped by 25%, 3%, 21% and 7% respectively over the previous year. Since 2012, the export situation has worsened further than in 2011. This one of the reasons, on the one hand is the cost of terminal apparel prices bring the cycle of sustained, coupled with high domestic and foreign cotton price spikes, resulting in the loss of overseas orders; the other hand, with the real estate related to the impact of demand control pressure on textile products, Decline in demand obviously also inhibited the amount of orders. This year, the textile and garment exports ranked first in Zhejiang Province, many garment enterprises do not have enough order to start. January-February 2012, apparel output fell 4.93%, down 19.55 percentage points over the same period the previous year, while January was the first negative growth after the financial crisis. At present, the orders from the United States have been stabilized from the previous decline, but the export to Europe is still under pressure. Although the order status in March was not satisfactory, after entering April, the cost of raw materials for textile enterprises will decrease and the export price will fall, which will boost the export volume. No export, many companies turned to domestic sales, but domestic sales are not good, there is a tax rebate for exports, while domestic sales face greater tax burden. In January of this year, the retail sales of major retail enterprises across the 100 major cities dropped 0.18% YoY. Although the average unit price of apparel goods dropped 6.5% from the fourth quarter of last year, the retail sales of apparel increased by 6.1% in January-February, setting a record low , Total retail sales fell 4.23%. Bad exports, poor domestic sales, making the downstream garment enterprises a huge pressure on stocks. According to the relevant news and reports of listed companies, sports brands such as Smith Barney, Li Ning, a huge inventory at the beginning of the year. An important reason is that last year was a warm winter, making autumn and winter clothing sales are not good, into March and April, many stores are still selling spring, and spring on the market a discount, strong promotion. Apart from the sales of raw materials and products, recruitment around the country is hard for the textile industry, which is a labor-intensive industry. Although many enterprises start work without making money, they are afraid to stop work in order to ensure the stability of the workers. At current corporate salaries, the cost of labor is about 1 times higher than in 2008 and 2009. The disappearance of demographic dividend, the rise of labor costs makes the transfer of industries will be more obvious in the later. Textile industry is also a high energy-consuming industries, oil prices and other energy prices undoubtedly increased the cost of the enterprise
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