Cotton Prices &Nbsp; Consumers Or "Transmission".

Cost "great pressure!" recently, Zhang Jinwen, general manager of Huangmei home textile company of Huanggang, Hubei, told reporters that because of the rising price of raw materials such as cotton, textile enterprises generally faced the dilemma of high production costs.

Since last October, cotton The momentum of price rise is beginning to dawn. Cotton prices went up all the way in the first half of this year. At present, the market price of two tons of cotton per ton is about 17000 yuan, compared with 14000 yuan at the beginning of the year, and 25% in the half year.

According to public information, the average price of domestic grade 3 lint is also 30% higher than that of the beginning of the year, and the futures market continues to rise in cotton prices. The price of the main cotton CF009 contract was as high as 18340 yuan / ton, reaching a record high. According to industry forecasts, cotton futures prices may break through 20000 yuan / ton.

"Suppliers surrounded us last year. We are surrounded by suppliers this year." Zhang Jinwen told reporters that under high price conditions, cotton was still in short supply, and their enterprises had to close down some production lines.

Hubei Yixiang Textile Co., Ltd. announced on the Internet: "the main business of the company. Cotton yarn We want to buy a lot of cotton to the people who are interested in society. The company's official surnamed Yin told reporters that at present, their company's cotton stocks are in short supply, and the rising prices have had a great impact on the production and operation of the company.

Analysts believe that Cotton price There are many reasons for the rise. On the one hand, due to the low cotton prices in 2008, cotton growers' confidence was frustrated and the planting area was reduced. Statistics show that in 2009, China's cotton production was 6 million 400 thousand tons, a decrease of 1 million 100 thousand tons compared with 2008, a drop of nearly 15%.

On the other hand, last year, cotton production in Xinjiang and other major cotton producing areas decreased by nearly 1/4 due to climate disasters and other reasons, which further aggravated the contradiction between supply and demand imbalance. At the same time, the international cotton price is also on the rise, while cotton exporters such as India have suspended cotton exports, and cotton prices are unlikely to fall in the short term.

"The estimate is going to go up," the officials said, and they had to borrow money from the bank to tide over the difficulties.

Facing the situation of high cotton prices, the textile industry has to carry on the price to the downstream through the way of cost transfer.

Jiang Yun, general manager of Hubei Feng Feng Textile Co., Ltd., told reporters that in the face of difficulties, the company can only reduce the cost pressure through price transmission. ,

As the lower reaches of the textile industry, the garment industry will face the "hot potato" thrown by the textile industry. Yueh boss, who has been doing garment business in Humen, Dongguan, told reporters that clothing companies are also facing pressure from cost growth and profits have been affected.

Experts in the industry also believe that the final payment for cotton prices may only be consumers.