Subject to rapid economic rebound, the market demand and other factors, many textile enterprises in China coastal areas are facing a more serious shortage of laborers, “labor shortage” as an important influence factor in the current development of the industry. In order to maintain production, enterprises have raised wages, lower educational level, age and other restrictions, to ease the “labor impasse.” It is understood that the recent textile workers in some coastal areas have been as high as 30% wage increase. Substantial increase in labor costs will become effective in 2010 affected the textile industry, an important factor in reducing profits.Third, the supply shortage of cotton, cotton prices rose rapidly. Biao international cotton prices in February rose, driven by the rapid follow up of domestic cotton prices and surging domestic cotton price futures briefly broke through 17,000 yuan mark, spot cotton prices will continue to rise in the price, spot cotton prices in March rose up to a thousand dollars total This is a substantial increase in price this year to the second wave (10,11 last month were up 870 yuan and 730 yuan), the cotton for the past five years to gain the highest level.Currently 328 cotton prices across the board break 16,000 yuan ton, the price and the annual rate of increase is second only to the level of 03 04.
If the October November last year, the cotton price is reasonable up, and has risen to a rational price, then round up the foam with a non rational or cotton, there is a certain risk.Transitional cotton prices rose, the negative effects are starting to show.On the one hand, the order of business operation rate decreased. Replenishment by domestic and international market demand, cotton prices rose higher than the cotton textile industry still capable of digesting the short term, while the gray cloth, cotton clothing rose less than the cost pressures on the order of business to run hard. According to investigation, a number of smaller funds are insufficient, inadequate post order company, has begun to stop taking orders, not to buy cotton yarn, part of the looms are also being parking, equipment Founding rates are falling.
On the other hand, cotton prices push up prices of cotton yarn, cotton yarn imports continue to surge. Agricultural Development Bank from a group of recent data shows that the Agricultural Development Bank this year put the number of loans and the acquisition there was a reduction, the new cotton industry into other funds acquired increased significantly. Ended March 20, 2009 cotton year running Agricultural Development Bank loans to total 33.2 billion yuan, down 17 billion yuan, down 33.8%, support enterprises to purchase cotton, 2.4 million tons, down 1.8 million tons, down 42.9%; average price 12280 yuan ton, up 1,400 yuan over the previous year.
Spring Festival has been completed after the acquisition, the Agricultural Development Bank to support the acquisition of cotton cotton enterprises accounted for only 37.5% of the total, while most of the other funding sources for the acquisition of resources, textile yarn suppliers transition resources, scattered cotton market was rather chaotic.In summary, from the current situation, cotton, cotton effective absorbed rising costs of raw materials and active store cotton stocking, cotton, cotton yarn each other support, the linkage pattern of rising short term is difficult to change. But when the garment, fabric companies can not digest high price of cotton yarn, cotton yarn market crash, time will come, it is excellent in the current market context, we need to maintain a sober grasp the pulse of the sound development of market.
Tags: yarn manufacture
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