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Most Cotton Companies Are Losing Money And Adjusting Their Work Plans.

2014/6/16 23:05:00 29

In the middle of June, the weather became hot, and the storage of a href= "//www.sjfzxm.com/news/index_c.asp" > lint < /a > was already very disadvantageous. At present, some enterprises in the Yellow River River Basin and Yangtze River Basin have lint stock. Lao Wang, head of a ginning plant in Dongying, Shandong, said that they still had 75 tons of lint cash in their factories, all of which were real estate cotton, with grade 4126, 2226, and a small number of 6 grade (old standard) cotton, which was very difficult to sell. According to Lao Wang, about 1/3 of cotton ginning factories, traders, distributors and logistics companies still have cotton stocks. These cotton include long staple cotton, real estate cotton, Xinjiang cotton, cotton and national cotton and so on. 
 according to the enterprise, the cotton market is now depressed and the price continues to drop. Most of the enterprises are selling at a loss. In June 13th, the 3128B lint price in the the Yellow River River Basin was quoted at 17300 yuan / ton, the 4128B level quoted price was 16600 yuan / ton, the 4127B class quoted price was 16400 yuan / ton, and the 2227 level quoted price was 16000 yuan / ton, all lower than 200-300 yuan / ton at the end of May. At present, the enterprises that have spot stock are mainly small and medium-sized a target= "_blank" href= "//www.sjfzxm.com/" > textile < /a > enterprises. Credit problems are more prominent, and losses are the mainstream of cotton enterprises this year. A ginning factory in Xiajin, Shandong, lost an average of 310 yuan / ton in 4-6 this year. It is understood that more than half of the cotton ginning plants are in deficit this year. 
 with the introduction of the "direct subsidy" rules, the confidence of cotton enterprises has been further weakened. Most of them believe that cotton prices in 6-7 months are still falling, and only a few cotton companies believe that prices are flat. Therefore, cotton enterprises have predicted the cotton market in the new year, so as to adjust the processing plan for the new year. 
 forecast of cotton prices in the new year. At present, there is still a lot of controversy about whether the subsidy is supplementing by mu or by production. In addition to keeping a close eye on cotton prices, cotton enterprises also have a rough estimate of the lint price in the new year. Pessimists believe that the 15000-16000 yuan / ton or 16000-16500 yuan / ton, the relative optimism that 17000-18000 yuan / ton, individual enterprises believe that in the 18000 yuan / ton or more, who is the correct prediction of the answer, but also wait for the rules to be seen. 
 generally speaking, seed cotton prices are low. "It is estimated that it will not exceed 4 yuan / Jin." A cotton enterprise official said that next year the the Yellow River River seed cotton price or maintained at 3.0-3.5 yuan / Jin interval. It is understood that this pessimistic view of a small number of enterprises, accounting for about 50%; some people think that the price of seed cotton or 3.5-4.0 yuan / Jin, but also according to the cottonseed market to judge comprehensively. 
 processing capacity will continue to decrease. A head of a ginning plant in Shijiazhuang, Hebei, said that in 2013, they processed 4100 tons of lint and planned to reduce 1000-2000 tons in the next year. According to market feedback, more than half of the enterprises in the Yangtze River Basin are expected to control production volume of 3000-4000 tons, while the the Yellow River river basin is expected to be controlled at 1500-3500 tons, a decrease of 30-40% compared with 2013. Less than 15% of the enterprises indicated that the processing volume was over 5000 tons. 
 after listening to too many a href= "//www.sjfzxm.com/news/index_s.asp" > market < /a > downturn and business difficulties, we see more enterprises prepare to "go all the way." Many enterprises have made clear plans, or go to Xinjiang to wrap factories, or cooperate with large enterprises and textile enterprises, or based on the electronic market, or accelerate the spanformation. In 2014, cotton enterprises will undergo a spanformation of "Chen pain", then can "live" down, but also look at their own "hematopoietic" ability.