1. In early August, the national cotton industry inventory usage days were about 36.9 days
National Cotton Market Monitoring Systematic sampling surveys show that as of early August, the average cotton inventory usage days of the sampled companies was approximately 36.9 days (including the quantity of cotton imported to Hong Kong), an increase of 4.2 days month-on-month and 7.4 days year-on-year. The national cotton industry inventory is estimated to be approximately 710,000 tons, an increase of 12.8% month-on-month and 9.8% year-on-year (see table and figure 1). The cotton industry inventory situation in major provinces across the country is different. The cotton industry inventory discount days in Fujian, Hebei, and Hubei provinces are relatively large (Figure 2).
2. Willingness to purchase raw materials Strong willingness to reduce and stabilize cotton allocation
The purchasing intention survey showed that in early August, 59.5% of the companies were preparing to purchase cotton, a decrease of 5 percentage points month-on-month and an increase of 10.7 percentage points year-on-year; stay on the sidelines Those with a negative attitude accounted for 34.2%, which was the same as the previous month and decreased by 10.9 percentage points year-on-year; 6.3% of companies did not plan to purchase cotton, which increased by 5 percentage points from the previous month and increased by 0.2 percentage points year-on-year (Figure 3).
In early August, 96.2% of the sampled companies planned to stabilize the cotton allocation ratio, an increase of 1.5 points month-on-month. percentage points, an increase of 4.7 percentage points year-on-year; 1.3% of enterprises plan to increase the cotton allocation ratio, a month-on-month decrease of 1.4 percentage points, and a year-on-year decrease; 2.5% of enterprises plan to reduce the cotton allocation ratio, a month-on-month decrease of 0.1 percentage points, a year-on-year decrease of 4.8 percentage points ( As shown in Figure 4).
3. The company’s capital turnover and employment situation are worse than the above The monthly
Fund circulation survey showed that at the beginning of August, 50.6% of the companies had good capital turnover, a decrease of 3.9 percentage points month-on-month and a year-on-year decrease of 1.8 percentage points; 36.7% of companies had poor capital turnover. %, a month-on-month increase of 2.9 percentage points, and a year-on-year increase of 2.6 percentage points; 12.7% were seriously short of funds, a month-on-month increase of 1 percentage point, and a year-on-year decrease of 0.8 percentage points (Figure 5).
At the beginning of August, 62% of the sampled enterprises had normal employment conditions, a month-on-month decrease of 5.5 percentage points. A year-on-year decrease of 0.2 percentage points; 30.4% of enterprises had poor labor conditions, an increase of 3.1 percentage points from the previous month, and a year-on-year increase of 1.1 percentage points; 7.6% of enterprises were seriously short of workers, an increase of 2.4 percentage points from the previous month, and a decrease of 0.9 percentage points year-on-year (Figure 6 ).
Four. Yarn and cloth production and sales rates continue to increase and inventory decreases
In early August, the yarn production and sales rate of the sampled enterprises was 90.5%, an increase of 0.7 percentage points from the previous month, a decrease of 2.1 percentage points year-on-year, and a decrease of 3.2 percentage points from the average level of the same period in the past three years. ; Inventory is 23.5 days of sales, a decrease of 1 day month-on-month, a decrease of 5.7 days year-on-year, and 1.7 days higher than the average level of the same period in the past three years (Figure 7 and Figure 8). The production and sales rate of cloth was 88.2%, an increase of 2 percentage points month-on-month, a year-on-year decrease of 1.2 percentage points, and 4.3 percentage points lower than the average level of the same period in the past three years; the inventory was 38.8 days of sales, a month-on-month decrease of 3.7 days, a year-on-year decrease of 12.2 days, and a year-on-year decrease of 12.2 days. The average level during the same period in the past three years was 6.8 days lower (Figures 7 and 9).
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