Since the beginning of this year, some regions of our country have successively encountered the new crown pneumonia epidemic and flood disasters, and entity enterprises are facing unprecedented difficulties.
It is understood that due to the late resumption of work in Hubei, it has only gradually returned to normal since May, causing serious loss of orders from some textile enterprises. A person in charge of a trading company in Hubei told reporters that most local textile companies purchased high-priced lint for production years ago. Due to the epidemic, cotton prices have fallen sharply and orders have decreased. Some companies are facing great operating pressure. Since the company resumed work and production in April, it has been operating in good condition. Although the trade in Hubei has been greatly affected, the overall impact of the company is relatively small due to its small proportion.
The person in charge of the company said that during the industry's off-season, the company’s operating conditions were better than expected, mainly due to the following three reasons: First, this year’s cotton price has been relatively stable since April. After the resumption of work and production of textile enterprises, the impact on cotton trade will be relatively small. Even better than the same period last year; second, the price difference between domestic and foreign cotton is relatively small, and textile companies prefer to choose domestic cotton in raw material procurement. It is understood that the current price of lint in China is about 12,000 yuan/ton, while the price of Indian cotton shipped to Hubei is 11,800 yuan/ton (without ticket). Compared with domestic cotton of similar quality, the price advantage of imported cotton is not obvious. ; Third, some companies that are greatly affected by the epidemic are experiencing financial difficulties, and the reserve cotton has effectively alleviated the financial pressure on the production of enterprises. In addition, the Xinjiang region blockade and control have blocked the transportation of cotton in Xinjiang and accelerated the sales of cotton in the inland warehouses.
The reporter learned that the company’s raw material procurement mainly adopts the method of "ordering by sales", with fixed-point procurement and fixed-point sales. When purchasing, select some cotton that meets the corporate customer group indicators to reduce corporate procurement risks from the source. At the same time, the company implements an employee responsibility system from source procurement to later sales, which greatly reduces the company's operating risks and ensures the normal operation of the company.
Xuzhou Heping Chemical Fiber Co., Ltd. is a professional manufacturer of polypropylene high-strength yarns, polypropylene industrial yarns, polypropylene high-strength yarns, high-strength polypropylene network yarns, split-film industrial yarns and other polypropylene products, which are well received by the market.
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