Cotton Spot Prices Continued To Show Strong &Nbsp; Textile Companies Raised Cotton Yarn Prices.

Recently, several large textile enterprises in China have raised the price of cotton yarn and led to a steady rise in the market average price.

Textile enterprises have higher enthusiasm for purchasing cotton and little interest in real estate cotton.

Despite the positive sales, cotton traders did not make any concessions, especially high grade cotton prices.

Overall, cotton prices remain stable and strong in China today.

Today, electronic disk matching and futures contracts show a near strong and far weak pattern.

Recent contracts have risen and forward contracts have fallen sharply.

Revealed that most of the late cotton market is not good posture.

Spot prices continue to be strong, but the market is rumored that the country may continue to control policies and the recent continuous decline in the external market, cotton prices trend stabilized, textile enterprises wait-and-see sentiment increased.

According to the feedback from most textile enterprises, the quota of imported cotton has been basically used up at the beginning of last month, waiting for the new regulation policy of the country.

The weakness of the euro has dragged down many Chinese export textile and garment enterprises. Facing the euro order, enterprises are faced with the dilemma of destroying or losing money.

In terms of clothing, domestic sales are more optimistic than exports. Many domestic brand clothing prices have risen to varying degrees this year, while export orders are more difficult to price. At present, garment exporters are under great pressure on cost. Basically, they negotiate with customers for a price once a month, so it is difficult to raise prices in a timely manner.

In April, domestic apparel retail sales increased by 14.6% over the same period last year.

It is understood that at present, the price of clothing brands in the domestic market is generally up 10%~15% this year, while many export garment enterprises only adjust the price of orders 3%~5%, which is far lower than the increase in the cost of raw materials.