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Frontline research | Henan Nanyang: Delayed time for enterprises to resume work, increased operating pressure

by:Chengyi     2021-03-15
On June 12, the reporter went to Henan Nanyang Textile Industrial Park to continue to investigate the production, inventory and orders of local textile enterprises.   In June of this year, a textile company in Nanyang had an operating rate of only 50% (20,000-30,000 spindles). The person in charge of the company said that the company's main product is combed 32S-40S. Due to the criticality of Nanyang and Hubei Province, the worst-hit area of u200bu200bthe epidemic, the company's resumption of work time is about one month later than other areas in Henan, causing the company's inventory pressure to increase. At present, the company's remaining cotton inventory reaches 600 tons, and the cotton yarn inventory is about 20 days. Due to the high cost of early cotton purchases and the downgrade of downstream consumption, the pressure on combed yarn sales has increased. It is understood that the sales of cotton yarn in Nanyang area are blocked for the following reasons: First, textile companies purchased more high-priced cotton years ago, which caused stocks and costs to rise. The price of cotton yarn is about 2,000 yuan/ton higher than other textile companies. Cotton yarn is competitive. Weak; second, when the domestic epidemic broke out, the Nanyang textile company's resumption of work was delayed. Most textile companies resumed production in April. The company’s downtime was too long, resulting in a loss of orders. The third is that the labor force of the enterprise is insufficient to recruit workers. Affected by the previous epidemic, local quarantine measures have been adopted, and the rate of employee attendance is not high. In addition, the poor working environment of textile companies has hindered recruitment, and the production efficiency of the company has been greatly reduced. Fourth, the local textile companies are relatively concentrated and the pressure of competition among companies is high. Article keywords:  Nanyang cotton cotton yarn yarn cotton price survey
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