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Domestic And Foreign Cotton Prices Are Large, Enterprises Abandon Cotton Production Line

2013/5/5 22:08:00 24

Cotton Price Difference Textile Industry Textile Industry

labor cost is about 5 times that of Southeast Asia 
 Lin Weiwu pointed out that another factor that affects the competitiveness of Chinese cotton enterprises is the issue of manpower cost. "This is the most pressing problem we feel." 
 cotton < a target= "_blank" href= "//www.sjfzxm.com/" > textile < /a > industry belongs to labor-intensive industry, labor cost accounts for a large proportion of enterprise expenditure. Lin Weiwu said that the monthly wages of domestic workers amounted to 3000 yuan, while the wages of workers in Southeast Asian countries such as India were about 600 yuan. 
 "not only that, but usually a href=" //www.sjfzxm.com "> cotton textile industry < /a > peak season for shipment from September to December, January to August, although workers' workload is not large, enterprises still need to pay workers 3000 yuan / month's wages, which is a small burden for small and medium-sized enterprises. 
P, Minister of business affairs of Heshan Maya food field development Co., Ltd., said that in order to effectively use labor force, he opened up African markets such as South Africa in the Guangzhou Trade Fair this year. "Because Africa and China are out of season, in our traditional off-season, it is just their peak season, which can make up for the cost of enterprises in the traditional off-season." 
 < a > href= > //www.sjfzxm.com/news/ > strong > cotton price > /strong > /a > strong > 5000 yuan / tonne > > > US >
 "generally speaking, cotton material accounts for more than 70% of the cost of cotton textiles. Last year, the domestic cotton market price basically stabilized at 19 thousand yuan / ton, which is 5000 yuan / ton higher than the US cotton price, which is 8000 yuan / ton higher than the cotton price in India." Chen Zitong, deputy director of Limited by Share Ltd, China color cotton (Group) Limited by Share Ltd, said that due to the impact of the international market, cotton prices at home and abroad were widened last year, and cotton yarn produced in India and Brazil poured into the Chinese market, resulting in the domestic cotton textile enterprises losing their competitive edge. 
Xu Qiang, the head of Nantong P billion household textiles Co., Ltd., said that in order to get orders, some Chinese enterprises were willing to compete at low prices, resulting in a decrease of 3%-5% in their profits. "We have also made cotton products before, but obviously they are not profitable at the moment, so we have closed the production line of the product and concentrate on the production of chemical fiber products." 
 April 8th, the seven departments of the national development and Reform Commission jointly issued the "2013 cotton temporary purchase and storage plan". It is clear that 2013 year will continue to open up and store up, and the cotton temporary reserve price will be maintained at 20400 yuan / ton. The quality of storage and purchase is carried out according to the new cotton standard, and the execution time is from September 1, 2013 to March 31, 2014. 
 Chen Zitong said that according to the price, the price difference between domestic and foreign cotton price is still nearly 5000 yuan, although the recent domestic and foreign cotton prices have narrowed down trend, but for most cotton < a href= "//www.sjfzxm.com/news/index_c.asp" > textile enterprise < /a >, the road ahead is still uneven.