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What are spinning enterprises worried about when overseas order backflow superimposes "double 11" effect?

After the national day, affected by the return of orders and the recovery of downstream demand, the prices of cotton, cotton yarn and other raw materials rose rapidly. Recently, the yarn market, which has experienced a big rise, began to "burn down" and return to rationality. At present, the wait-and-see mood in the textile market is on the rise. Both textile mills and traders are basically cautious. So, after the transfer of orders, domestic yarn prices, the current situation of yarn enterprises around the business situation?

"China Textile News" reporter learned that before the national day, most cotton spinning mills cotton yarn inventory is relatively high, less than a month, more than two months of production. Cotton yarn inventory is at a high level, which brings great pressure to the capital turnover of enterprises. However, after the long holiday, the soaring prices of cotton and cotton yarn futures bring a good opportunity to de inventory for cotton textile enterprises. It is understood that although some enterprises have not achieved much profit, most enterprises have achieved the goal of de stocking and withdrawing funds. At present, both large and small factories, whether pure cotton yarn or polyester cotton yarn, product inventory is generally low, some factories even reach zero inventory.

At present, most of the cotton textile enterprises producing pure cotton yarn in Henan Province have no or low stock of yarn, the price is firm, the order is full, and the domestic demand is mainly. A person in charge of the enterprise said that it is profitable to receive the current order according to the cotton price in the early stage, and the new order price will be adjusted according to the current cotton price. It is estimated that if there is no big market fluctuation, the production situation is optimistic before the Spring Festival, the increment of new orders will slow down, and the cotton mill will not allow the price temporarily. If the cotton price fluctuates greatly, the profit in the later period will be affected.

According to a Shandong enterprise specializing in differential yarn, the price of main products has increased by 2000 yuan per ton recently, and the orders are arranged to the end of the year. The inventory is lower than that in the first half of the year, and the startup rate is 100%. In order to develop the domestic market, the enterprise adjusted the product price and reduced the profit. It is predicted that due to the cold winter, the orders in the downstream thermal insulation market may increase.

Driven by the return of orders and the "double 11" shopping carnival, the order situation of yarn enterprises has improved significantly compared with the previous few months, which has been confirmed by spinning enterprises all over the world. However, regarding the future market situation, most spinning enterprises say that there is still great uncertainty.

A major vortex spinning enterprise in Jiangsu said that the yarn market was good from September to October, and it is expected that orders will start to decrease after the "double 11" and the market will become weak. Recently, the price of viscose and polyester has risen sharply, and the yarn price has also risen, which is generally accepted by downstream customers. At present, the overall startup rate of downstream is high. But the future market is not optimistic.

The orders of a textile enterprise mainly engaged in high count yarn in Jiangsu Province began to recover gradually from the late July, and began to work at full load, reaching a high level in the middle of October, and the delivery time was tight. For the rise of yarn price in the past period, the enterprise thinks that the cotton price returns to normal, and the yarn price rises to the normal price, and the profit level rises, but it is not as high as that in the same period of previous years. At present, the downstream market is relatively optimistic. However, due to the uncontrollable epidemic situation in foreign countries and the worry that it will affect the supply of imported raw materials and the continuity of foreign high count yarn orders, the enterprise's market forecast is not clear.

At present, a certain color spinning enterprise in Jiangsu has good orders, mainly domestic orders, and the startup rate reaches 100%. According to reports, orders can be extended to the end of this year. The price of the products has increased by more than 2000 yuan / ton, and there is no inventory, but the product has low profit and even no profit. For the later market, enterprises think it is difficult to predict and there are many uncertain factors. It is expected that the order situation and product price will go down in the later stage.

At present, Xinjiang pure cotton yarn production enterprises have sufficient orders, relatively high gross profit margin, and some varieties are in short supply. They keep making profits, and the product inventory has been greatly reduced. Enterprises expect that the market will improve steadily before the Spring Festival, and product inventory will remain at a low level. If the epidemic does not rebound, the situation in the fourth quarter will be significantly better than that in the third quarter. At present, the price of cotton in Xinjiang is relatively high, and there is a further downward trend, with great uncertainty.

At present, a cotton yarn enterprise in Hubei Province has arranged orders for a month, and the operating rate has reached 90%. The person in charge of the enterprise said that it was the enterprise looking for orders, but now it is the customers who rush to order. However, this situation only lasted for 20 days after the National Day holiday, and now the speed of placing orders is obviously slowing down. Due to the financial pressure before the National Day holiday, enterprises have less raw material inventory, and there is no profit in purchasing raw materials at current price, only maintaining the operating rate. It is expected that the market will be booming around the Spring Festival, and the gross profit rate may be better than now.

Jiangsu color woven fabric prices are basically stable, local up. Local textile enterprises said that orders from Europe and the United States did not improve due to the epidemic situation, while orders from Southeast Asia, Japan, South Korea and China increased significantly. Before and after the national day, the operating rate of enterprises increased, the profit decreased by about 20% compared with the same period last year, and the orders were arranged to the end of November. Because spinning enterprises arrange production according to the order, the inventory is less. At present, there are many uncertain factors, customers place orders carefully, and subsequent orders are relatively weak.

According to the person in charge of Guangdong's main knitwear enterprises, there was a wave of short-term market after the National Day holiday. Yarn supply was in short supply. Affected by factors such as the rebound of the epidemic situation, production and sales weakened, inquiry reduced and profits declined. Downstream distribution companies slow down, inventory began to rise, prices tend to stabilize, although some factories offer firm, but the actual number of transactions is rare. Forecast with Zheng cotton futures callback market tends to rational purchasing, some weaving mills hold a wait-and-see attitude.