How About The Sales Of Yarn And Cloth In May?

Since May, the sales volume of yarn and cloth products has increased month on month. Although the market has slightly improved, the overall demand is still insufficient, and the overall production and sales situation is weak. The raw material purchase, consumption and inventory of textile enterprises declined month on month.

Average month on month decline of raw material purchase, consumption and inventory

In May, the raw material purchase of tracking enterprises slightly decreased by 0.2% month on month, of which the enterprises that decreased month on month accounted for about 52%, a decrease of 5 percentage points compared with the previous month. The purchase volume of raw material Zhongyuan cotton decreased by 1.77% month on month. In May, the average price of domestic standard cotton was about 12000 yuan per ton, up about 3% month on month compared with April. It was the first time that the purchase volume of raw material Zhongyuan cotton rose after the year, and it has been weak since the middle of June. The purchase volume of imported cotton among raw cotton increased 7.06% month on month. Non cotton fiber procurement in raw materials increased by 2.94% month on month. In May, the price of viscose staple fiber fluctuated, with the monthly average price falling 2.52% month on month, and the price rebounded at the end of the month. Recently, it fell; Polyester staple fiber showed a recovery trend, and the monthly average price was basically flat compared with April.

In May, the raw material consumption of tracking enterprises slightly decreased by 0.93% month on month, and the enterprises that decreased month on month accounted for about 55%, which was 5 percentage points lower than that of last month. By the end of May, raw material inventory had slightly decreased by 0.5% month on month and 5.5% year on year.

The year-on-year decrease of gauze production narrowed for three consecutive months

In May, the yarn and cloth output of tracking enterprises decreased by 1.59% and 2.36% month on month respectively, and the decline was narrower than that of last month. From January to May, the yarn output and cloth output of the tracking enterprises decreased by 16.57% and 17.23% year on year, respectively, and the decline narrowed for three consecutive months. Since May, orders in the international market have not improved significantly. Most of the existing orders are in small batches. The domestic epidemic situation has improved and consumption has slightly improved.

By the end of May, the utilization rate of spinning and weaving equipment of tracking enterprises was generally flat compared with that of last month. Among them, enterprises whose utilization rate of spinning equipment is higher than 85% accounted for 72%, up 2 percentage points from the previous month; The enterprises whose utilization rate of weaving equipment was higher than 85% accounted for 71%, down 4 percentage points from the previous month. The enterprises whose operating rate was lower than that of the previous month included enterprises producing yarn dyed fabrics, denim and other products, and most of them were export-oriented enterprises.

Weak increase in sales volume and price Both revenue and profit declines narrowed

The tracking enterprise data shows that the sales volume of yarn and cloth increased by 16.28% and 6.59% month on month respectively in May. In the case of insufficient demand in the downstream market, textile enterprises realized sales increase by reducing prices and profits. The monthly average prices of pure cotton yarn and pure viscose yarn products in the current month decreased to varying degrees on a month on month basis, while the prices of pure polyester yarn remained relatively stable after rising, and the monthly average prices were basically flat on a month on month basis. By the end of May, yarn inventory and cloth inventory were basically flat month on month.

From January to May, the operating revenue of tracking enterprises decreased by 15.38% year on year, 2.3 percentage points lower than that of the previous month, of which 85% enterprises decreased year on year; The cumulative year-on-year decline of export delivery value was 28.8%, 2.5 percentage points higher than that of the previous month; Total profits fell 44.12% year on year, about 5 percentage points lower than that of the previous month, of which 78% of enterprises fell year on year.

Cluster enterprises actively face and timely adjust

According to the tracking survey on the cluster, the cluster production continued to slow down in May, and the operating rate and equipment utilization rate of enterprises continued to be at a low level. According to the economic operation data, compared with the same period last year, the output of various types of yarns of the tracking cluster enterprises from January to May dropped 32.4% year on year, and the output of cloth dropped 36.2% year on year; Operating revenue decreased 26.4% year on year, and total profit decreased 57.3% year on year.

According to the survey, the commencement of clusters mainly consisting of low-end yarns or pure cotton yarns is basically normal, and some enterprises can produce orders until the beginning of July. On the one hand, some cluster enterprises reduce inventory and speed up turnover; On the other hand, actively adjust the product structure, produce marketable products, and gradually adapt to the current market state. As of June 15, the average operating rate of the tracking cluster was about 54%, and the utilization rate of spinning and weaving capacity was below 40%.