The helplessness of "export to domestic sales"

Compiling room executive plan Note: cotton is 328 average price; polyester short is 1.4D×38mm average price; sticky short is 1.5D×38mm average price; pure cotton yarn is average price of C32S carded cotton yarn; polyester cotton yarn is T65/ C35 45S average price; human cotton yarn R30S average price; cotton cloth C32S × C32S 68 × 68 63 〞 fabric average price; Polyester Cotton Fabric for the T65/C35 45S × 45S 110 × 76 63 〞 fabric average price; people's Cotton Fabric for the R30S × R30S 68 × 68 63 〞 fabric average price (the same below).

The data shows that in the fourth quarter of 2011, the value of the major textile products was lower than the previous three quarters, indicating that the valley value in the fourth quarter was also the lowest value in 2011. However, if this lowest point is compared with the lowest point in 2010, except for viscose staple fiber and human cotton yarn, the price valleys of products such as cotton, polyester staple fiber, cotton yarn, polyester cotton yarn, cotton fabric, polyester cotton fabric, and human cotton fabric Both have improved, or the prices of these products have not fallen below the 2010 trough. Whether it is the peak value of the price of cotton products dropped the most in the same period of last year or did not increase compared with the lowest point in 2010, it shows that people’s cotton products are weaker than pure cotton and polyester-cotton products. These facts also prove the national cotton from another aspect. The effective role of the collection and storage policy.

In the fourth quarter of 2011 and the third quarter of 2011, except for the flat cotton and cotton prices, the prices of other major categories of textile products all decreased. For example, the price range of polyester staple fiber and viscose staple fiber in the fourth quarter was 14.4% and 10.7% lower than that in the third quarter. The price valley of cotton yarn, polyester cotton yarn and human cotton yarn was 4.4%, 5.6%, and 13.9% lower than the third quarter, respectively. The trough prices of polyester-cotton fabrics and men's cotton fabrics decreased by 6.8% and 6.0% respectively over the third quarter. The reason why the price of cotton, cotton yarn, and pure cotton fabrics did not drop much or remained flat was mainly due to the country’s purchase price, which did not cause a significant decline in the price of pure cotton products.

Comparing the fourth quarter of 2011 with the same period in 2010, the prices of cotton, polyester-cotton, and man-made cotton products have all decreased significantly. First, in the fourth quarter, the price bottoms of cotton, pure cotton yarn and pure cotton cloth decreased by 16.3%, 17.6% and 18.5% respectively over the same period of 2010; secondly, the price valleys of polyester staple fiber, polyester cotton yarn and polyester cotton cloth were lower than 2010 respectively. The year-on-year decline was 12.3%, 12.0%, and 5.2%; the prices of viscose staple fiber, cotton yarn, and people's cotton fabric were down 23.9%, 26.7%, and 12.1% from the same period of 2010 respectively.

Whether it is the price of textile raw materials, yarns, or cloths, there was an inflection point after peaking in the first quarter of 2011, followed by consecutive declines in the third quarter of 2011.

In 2011, all top-end prices failed to reach the highest point in the past two years. The peak value of textile products in the fourth quarter of 2011 decreased year-on-year and year-on-year, especially the peak price in the fourth quarter was even more pronounced than in the same period in 2010. . Different from the first quarter of 2011, the peak inflection point (high point) of raw materials, yarns, and cloth prices appeared in the fourth quarter of 2010, indicating that after 2011, the highest price of textile products was not Then touch the peak of two years. This also shows that the experience and lessons of blindly rushing to buy up prices in 2010 have made people more aware of the laws of the market, and will be more and more sensible about deviating from actual market changes.

In the fourth quarter of 2011, the peak value of major textile products generally fell compared with the third quarter. Such as cotton, cotton yarn, and cotton fabrics, the peak chain fell 16.9%, 10.3% and 5.2%; polyester staple fiber, polyester cotton yarn and polyester cotton cloth prices fell 5.7%, 9.6% and 7.8%; The peak-to-month ratios of viscose staple fiber, man's cotton yarn, and man's cotton fabric also decreased by 0.5%, 0.4%, and 4.8%, respectively.

In the fourth quarter of 2011, the peak value of major textile products fell sharply compared with the peak value of the same period last year. Among them, the peak prices of cotton, polyester staple fiber, viscose staple fiber, pure cotton yarn, human cotton yarn, and pure cotton cloth all dropped by more than 30% year-on-year, which were reduced by 36.3%, 33.3%, 36.5%, 34.6%, and 34.6% respectively. And 31.3%; the average price of polyester cotton yarn, polyester cotton cloth and human cotton cloth was also more than 20% year-on-year, respectively decreased by 29.9%, 21.3% and 22.4%.

In the fourth quarter of 2011, the peak price of major textile products was in a downward trend compared with the previous three quarters. In particular, compared with the peak value in the fourth quarter of 2010, the peak value of the price of textile products was even more pronounced.

The greater the difference between the peak price and the grain price, the greater the fluctuation of the market and the worse the stability, and the greater the risk of production and circulation. In 2011, the difference between peak and grain prices of major textile products was substantially smaller than in 2010. Compared with 2010, the textile market in 2011 was less turbulent and more stable. This phenomenon also fully shows that under the regulation of the country’s macroeconomic policies, under the increasingly mature market regulation, the domestic textile market is moving in a healthy direction. run.

The lowest price difference in August was 2,700 yuan/ton. In different periods during 2011, the difference between raw material cost and cotton yarn price was very different. For example, in February, it was as high as 9,500 yuan/ton, and in early August, the price difference was only 2,700 yuan/ton. In the fourth quarter alone, the spread was relatively stable and fluctuated between 5,000 yuan/ton and 6,000 yuan/ton, and it was above 5,000 yuan/ton most of the time. Judging from this difference, there is still room for profit in the production of cotton yarn in the fourth quarter. Of course, these figures are based on the normal production and operation conditions, and do not include the case of low-cost stock-taking.

In the fourth quarter of 2011, the prices of cotton, cotton yarn and cotton cloth were generally in a downward trend. For example, the price of 328 cotton dropped from 19,950 yuan/ton in early October to 19,000 yuan/ton in early December, falling by 950 yuan/ton, a decrease of 4.8%. In early December, the spot price of cotton began to rebound slightly. By the end of December, the price of 328 cotton had risen to 19,150 yuan/ton, or 0.85%.

In the fourth quarter, the prices of pure cotton yarns also fell in a straight line, but slip stabilized in early December. For instance, the price of C32S fell from RMB 27,800/ton in early October to RMB 25,800/ton in early December, falling by RMB 2,000/ton, a decrease of 7.2%. The whole month of December was basically stable at 25,500 yuan/ton to 26,000 yuan/ton, with little ups and downs.

The price of pure cotton cloth in the fourth quarter also followed the downward trend of the cotton yarn market. The trajectory was similar to cotton yarn. For example, the price of C32S×C32S 68×68 63〞 cotton cloth was RMB 5.5/m in early October, and the price dropped to RMB 5.3/m by the beginning of December, which was a decrease of RMB 0.2/m, a decrease of 3.6%, and then revolved around in December. 5.3 yuan / m stable in finishing.

The price change of cotton will inevitably cause the price linkage of cotton yarns, but due to factors other than raw materials, the time and extent of cotton yarn price changes are not necessarily synchronized with cotton, so the price difference between raw material costs and cotton yarn prices will fluctuate. The level of profit reflects the size of the profit margin of cotton yarn production during the corresponding time period (in the spinning costs, raw material costs account for about 70%).

Changes in the price difference between raw material (cotton) costs and cotton yarn since the Spring Festival in 2011 Although the price of polyester staple fiber fluctuates greatly in the fourth quarter of 2011, due to the effect of controlled cotton prices, the prices of polyester cotton yarn and cloth are compared with those in the third quarter. The change is small. As the price of cotton is relatively stable, the price difference between polyester and cotton yarns and raw materials in the fourth quarter is small, and the raw material cost and yarn price difference fluctuate slightly from 4,000 yuan/ton to 5,000 yuan/ton, which is higher than the 7,000 yuan/ton in the first quarter. 8,000 yuan / ton suddenly dropped to the second quarter of 1,000 yuan / ton to 2,000 yuan / ton, a lot of stability. However, the difference of 4,000 yuan/ton to 5,000 yuan/ton is not profitable for most companies. Therefore, many manufacturers have also reduced the production ratio of polyester/cotton yarns and changed the use of pure cotton yarn.

In the fourth quarter of 2011, the overall price of polyester-cotton yarns and cloths fell flat. At the beginning of October, the price of 1.4D×38mm polyester staple fiber was 13,200 yuan/ton, and then went down all the way. In late November, it dropped to 10,700 yuan/ton, which was a decrease of 2,500 yuan/ton in one month or 18.9%. However, the price began to gradually rise again in December, and it rose to RMB 11,600/ton by the end of December, an increase of RMB 900/ton, or 8.4%.

The price of polyester-cotton yarn fell slightly in the fourth quarter, such as T/C 65/35 45S, which was 23,500 yuan/ton in early October and dropped to 2,000 yuan/ton in December, down by 1,500 yuan/ton, down by 6.4%. In late November, the market was unusually light, and many manufacturers threw out large-scale favorable promotion policies. The preferential rate ranged from 500 yuan/ton to 1,000 yuan/ton. In December, with the increase in raw material prices, the prices of polyester/cotton yarns gradually recovered. However, there are still many gaps from the prices in early October.

During the fourth quarter, the prices of polyester-cotton fabrics also fell following the prices of polyester-cotton yarns used. For example, the price of T65/C35 45S×45S 110×76 63〞 polyester-cotton fabrics was 5.9 yuan/m in early October, and fell to 12 afterwards. The month's 5.5 yuan/m dropped by 0.4 yuan/m, a decrease of 6.8%.

The price difference between polyester-cotton and polyester-cotton yarns since the Spring Festival period in 2011 has changed from RMB 1000 yuan/ton at the beginning of December to RMB 4,000 yuan/ton at the end of December. Compared to pure cotton and polyester/cotton, people's cotton products in 2011 The price fluctuations in the fourth quarter were relatively obvious, especially the price of viscose staple fibers dropped by as much as 20%. In the third quarter of 2011, the market for viscose products performed better than pure cotton and polyester-cotton products, with no significant drop. In the fourth quarter, the spread of human cotton yarn and raw material costs was significantly worse than in the second and third quarters. The difference was the lowest in early December and was only RMB 1,000/ton. The loss was inevitable. At the end of December, it was only less than 4,000 yuan/ton, which was barely guaranteed.

The average price of 1.5D×38mm viscose staple fiber dropped gradually from RMB 19,700/ton in early October to RMB 15,600/ton in early December, a sharp drop of RMB 4,100/ton, a drop of as much as 20.8%. In the second half of December, there was a rebound. From the end of December to 15,950 yuan per ton, there was a slight recovery of 350 yuan/ton, an increase of 2.2%.

Downstream cotton yarn followed viscose staple fiber, there is also a large drop after the first large decline in the market. For example, the price of R30S cotton yarn at the beginning of October was RMB 24,200/ton, and it slipped to RMB 19,800/ton in mid-December, a decrease of 18.2%. After being driven by the cost of raw materials, it rose to around 20,000 yuan/ton, a slight increase of 200 yuan/ton, or 1.0%.

The price changes of viscose staple fibers and people's cotton yarns drastically affected the price change of people's cotton fabrics. The average price of R30S×R30S 68×68 63〞 fabrics was 5.93 RMB/m in early October, and fell to 12 after the price of cotton yarn declined. In mid-December, it decreased by 8.1% to RMB 5.45 per meter, and in the second half of December, it also rose slightly by RMB 0.05/m to RMB 5.5/m with the rebound in the price of cotton yarn. Due to the fierceness, the spread between human cotton yarn and raw material costs in the fourth quarter is also very large.

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