Experts From The Ministry Of Agriculture: The Risk Of Cotton Production And Textile Enterprises Is Increasing.

"2010 cotton The production situation is still not optimistic, and cotton prices will probably remain high, making the risk of cotton production and textile enterprises bigger. " Du min, a researcher at the Ministry of agriculture's Rural Economic Research Center, pointed out in Zhengzhou in June 5th.

Du min is "2010 cotton" sponsored by Wanda futures. market The summit forum made the above statement.

Since 2010, with the revival of the world economy and strong consumption, cotton prices have risen sharply, and the cotton futures contract of the Zhengzhou Mercantile Exchange has risen to the highest level of 18350 yuan per ton. Experts analyzed that in 2010-2011, the domestic cotton market will enter the era of high cotton prices.

"According to national cotton industry The investigation and analysis of the system industry economic room will further increase the risk of the cotton market in the later stage. Du Min said, first of all, from the textile industry development trend analysis, although the textile industry has signs of warming, but the overall situation is still not optimistic; secondly, at present, the domestic cotton prices rising rapidly will cause the textile raw material costs to rise, which is undoubtedly a great resistance to the domestic textile industry is struggling to get out of the predicament.

Du min suggested that cotton companies should strengthen risk management to avoid the risk of high or large fluctuations in cotton prices.