Sichuan Cotton Textile Achieved Better Results In The First Quarter

cotton

And the yarn and cloth market has been in a "high and cold" position in the boom.

After the Spring Festival, the price of cotton is high between 3.15-3.25 yuan / ton, and the sales of yarn and cloth have been gradually exhausted.

In March, yarn and cloth were in a dead end. Cotton prices fluctuated violently during the big fluctuations. At the same time, Sichuan textile enterprises encountered Foxconn's entry into the city, and the staff of enterprises were in turmoil. Sichuan textile enterprises entered a more difficult stage.

Market quotation

Sichuan textile enterprises have taken positive measures.

First, we should not hesitate to sell in the market rebound, seize the opportunity to reduce the pressure on stock and recover funds as soon as possible; two, we should pay close attention to the progress of varieties adjustment. The highest cotton price in March was 32 thousand yuan / ton, when the highest price of polyester and short was 15 thousand and 200 yuan / ton, and the difference between the two was 16 thousand and 200 yuan, while the highest price of Chinese chemical fiber and polyester was only 11 thousand and 300 yuan / ton.

Because of the great price difference, the market of yarn and cloth also changed to polyester cotton blending.

In a month or so, the vast majority of Sichuan textile enterprises on the machine platform, polyester cotton yarn, cloth quickly occupied an absolute proportion, while adapting to the market demand, it also solved the problem of insufficient funds of enterprises, so that all related textile enterprises can maintain the basic normal operation under very difficult conditions.

At the same time, it also gradually stabilized the unsettled staff.

The three is to seize the opportunity to enter raw materials. In the great turbulence of raw materials, we should not go up to catch up and fall. In general, we should maintain production enough. We should pay close attention to changes in spot and matching market, and purchase raw materials from these two markets in a big drop, thus reducing the cost of raw materials successfully.

cotton spinning

The textile industry achieved better business results in the first quarter.

According to the statistics of the National Bureau of statistics, Sichuan cotton textile industry (above scale enterprises) achieved 8 billion 606 million yuan of main business income in the first quarter, an increase of 60.23% over the previous year, which is 1.68 percentage points higher than the cost growth rate.

The total profit was 445 million yuan, an increase of 110.33% compared with the same period last year. The total tax amount was 221 million yuan, an increase of 47.15% compared with the same period last year, and the profit margin of enterprises was 94.48%, and the sales profit margin was 5.17%.

Overall evaluation: lower level but better performance.

Secondly, at the end of the quarter, the total stock of yarn and cloth products occupied 871 million yuan, an increase of 9.13% compared with the same period last year. But considering the factor of increasing the cost of cotton and polyester raw materials in the same period, the inventory of real products should be substantially reduced, and the overall foundation is still good.