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Entering the new stage of the "14th Five-Year Plan", the development of the textile industry is facing many complex internal and external factors. In the context of "double cycle" and "high-quality development", higher requirements are put forward for the transformation and upgrading of the industry. Cotton textile, as an industry with comprehensive competitive advantages in China's textile industry chain, has achieved remarkable results in the transformation and development of the industry in recent years, which is inseparable from the continuous guidance, monitoring and professional services of the China Cotton Textile Industry Association.
The China Cotton Textile Industry Association has gathered large-scale backbone production enterprises, institutions and social organizations such as cotton textile, yarn-dyed and denim. The industrial output value of yarn, cloth and yarn-dyed fabric (including denim) produced by member enterprises accounts for about 70% of the total output value of the national cotton textile industry.
In order to track the operation status of cotton textile enterprises in a timely manner, the professional departments of China Cotton Textile Industry Association communicate, summarize and analyze the operation status of enterprises and clusters every month to form professional reports of the industry. Among them, the "monthly analysis report" involves more than 260 cotton textile enterprises and the data of about 15 industrial clusters in China. The total spinning capacity accounts for about 60% of the national cotton textile industry, which is representative of the industry. The main core data of the "Industry Prosperity Report" is the industry prosperity index, which collects nearly 500 sub-cotton textile enterprises nationwide and refers to the national manufacturing PMI and other index formulation methods. Through weighted calculation of several major indicators, when the index is higher than 50, it means that the prosperity of the cotton textile industry this month is better than that of last month, while when it is lower than 50, it means that the prosperity of this month is not as good as that of last month.
At present, the international environment is becoming more and more complex, the world economy is seriously divided, and anti-globalization is prevalent. China's economy continues to recover and is basically running smoothly, but due to multiple factors, the recovery momentum has slowed down marginally, and there are still many challenges to consolidating the foundation of economic recovery. In order to track the operation of cotton textile enterprises in a timely manner and understand the changes in the cotton textile market, recently, the China Cotton Textile Industry Association conducted a large-scale survey of the country's major cotton textile-related markets for the 50th time. The following are the reflections of local markets, cotton textiles and related enterprises. situation:

raw material market

Xinjiang Cotton: In late October, cotton harvesting was fully launched. The purchase price was about 6 yuan/kg. The grade and quality indicators of new cotton were good, and the pre-sale increased. Due to the impact of the epidemic, Xinjiang cotton transport volume decreased, freight rates rose, cotton spinning enterprises to purchase mainland cotton as a substitute. Recent cotton futures prices weakened, the textile market season atmosphere is insufficient, superimposed on the epidemic and other adverse factors, cotton prices are expected to maintain a weak trend in the short term. Jiangxi Viscose: The price of viscose staple fiber has dropped from half a month ago, and the mainstream price has dropped to 13500 yuan/ton. Under the high cost, the pressure of viscose manufacturers increases. With the price steadily downward adjustment, the downstream yarn factory procurement sentiment is cautious, just need to replenish the main. The "Golden Nine and Silver Ten" is coming to an end, and the market has improved compared to before August, but the overall market has not met expectations. Under high costs, most viscose manufacturers' profit margins are highly compressed, and it is difficult to further reduce prices. Jiangsu polyester staple fiber: the transaction price of polyester staple fiber is 7600-7700 yuan/ton, with some correction. At present, the logistics in Jiangsu is smooth, and the load of the enterprise production line is about 85%. Short fiber processing space is limited, enterprises reflect serious losses, sales are not smooth, still in the state of inventory. For the recent fall in staple fiber prices, downstream more wait-and-see, textile enterprises on-demand procurement, staple fiber transactions according to the single preferential negotiations, short-distance consideration of delivery.

yarn market

Jiangsu vortex spinning line: enterprise production is normal, but sales continue to be light, export orders are still small. Raw material prices fluctuate, downstream wait-and-see. The market is not expected to improve significantly in the short term and will continue to be weak.

Jiangsu high yarn: the current production and sales situation is OK, but the follow-up demand is weak. The local outbreak control is strict, and the semi-closed management of employees is not affected. Orders are still mainly domestic sales, less export. There is no substantial improvement in the downstream market, and the weakness continues. Further stimulating consumption and leading consumption upgrades are the key to active domestic and export markets.

Shandong differential yarn: at present, the market is relatively flat, the market inquiry orders are obviously less, the enterprise orders are maintained at about a month, mostly small orders from old customers, the price of raw materials is relatively stable, and the price of products is stable and falling. Due to the weak domestic and foreign market demand, enterprises are obviously lack of confidence in the short-term market, and there are many uncontrollable factors in the medium and long-term. Enterprises hold a wait-and-see attitude, hoping to usher in a stable market development environment.

Peixian Viscose Yarn: The price of viscose staple fiber has been adjusted downward, the market's wait-and-see sentiment has risen, the purchase and sale of viscose yarn are flat, and the yarn quotation is basically stable. The actual transaction is negotiated according to the order. The price of ring spinning R30S is 17400-17800 yuan/ton. Gray cloth market shipments are slow, downstream just need to purchase mainly, quotation confusion, the actual transaction price is obvious, bearish sentiment is strong. The short-term market is expected to remain weak.

Henan Pure Cotton Yarn: Recently, the production and sales of pure cotton yarn market have continued to be weak, and the opening rate of enterprises has remained at about 70%, but orders have not improved, and small orders are still the main ones. Textile enterprises bargaining power is weak, there is the possibility of price reduction, downstream procurement is not active, inventory stability slightly increased. Short-term market uncertainty, no signs of start-up, prices are expected to remain weak.

Jiangsu colored spinning: the market continues to be in the doldrums, enterprises are operating at a low level, and the depressed market is expected to be postponed to the end of the year. There are still many uncertain factors about whether it will pick up next year, the macro environment is getting worse, and the industry lacks good news to boost confidence and express concern about the future.

Fujian non-cotton yarn: Recently, the non-cotton yarn market has not changed much, polyester staple fiber and yarn prices have fallen slightly. Judging from the opening situation, the company is still maintaining the production status of the previous period, and through adjusting the schedule, it is possible to ensure that skilled workers are not lost. Downstream enterprises are more cautious in placing orders, and the vitality of the industry is still poor. Enterprises will maintain stable operation as the main work at present and even in the future.

Xinjiang cotton yarn: Xinjiang epidemic has not affected normal production, the opening rate remained at 100 percent. In October, the sales volume of pure cotton yarn declined, and the production and sales rate declined. At present, the downstream demand side of textile industry continues to be weak, and the new orders for domestic demand are insufficient. It is expected that the sales situation will remain grim in the short term.

Guangdong cotton yarn: recent cotton futures prices have fallen, market confidence has been further frustrated, the recent market is still no sign of improvement, enterprises are to reduce losses, to protect cash flow as the main business strategy. Both internal and external markets are weak and lack confidence in the future.

fabric market

Jiangsu gray cloth: the current enterprise opening rate of about 70%, continue to decline. Affected by the epidemic, new cotton out of Xinjiang difficulties, cotton yarn prices are basically stable, weaving mills on demand to purchase, dare not stock. Downstream orders continue to be sluggish, and sales of European and American retailers are not smooth, mainly to digest the early inventory. At the same time, the last order of domestic first-line brands in spring and summer 2023 will be ineffective. Product inventories have increased and most companies are operating at a loss. For the market, downstream customers are not expected to be optimistic. Guangdong Denim: Recently, the price of cotton has fluctuated greatly, and the downward pressure on the price of denim yarn has become prominent. OE10 British denim yarn is quoted at 15800 yuan/ton, and indigo dye is quoted at 65000 yuan/ton. Downstream orders are not strong, the start-up rate of enterprises is about 70%, the sales of enterprises are not smooth, and the inventory pressure is great. The market is light, superimposed on the impact of the outbreak, is expected to increase sales pressure. Lanxi gray cloth: by the raw material price bearish expectations and the impact of the epidemic in Guangdong, half a month since the Lanxi factory orders continued to decline, insufficient opening, enterprises shut down part of the production capacity. Enterprises are more pessimistic about the future market, and it is expected that the weak market will continue for some time. Jiangsu yarn-dyed fabric: the market as a whole is stable, the order volume is not as expected, most of them are small orders, the start-up rate basically maintains the previous level. Cotton prices down, cotton yarn prices have declined, high count cotton yarn prices are relatively stable. Affected by weak market demand, repeated epidemics and other factors, enterprises are not willing to purchase, product prices are difficult, local loosening, profit margins are squeezed. Based on the current weak demand at home and abroad, inflation, etc., enterprises have limited confidence in the future market and are more cautious.

Hubei pure cotton cloth: recent orders are still dominated by small quantities, thick fabrics sell well, prices are stable and slightly higher. The opening rate maintains high production orders and product inventories are low. The traditional peak season has come to an end, the internal and external demand environment has not improved significantly, the late market wait-and-see sentiment is strong.