The Price Rise Of Cotton Textiles In Jiaxing City Of Zhejiang Province Is Beginning To Show.
A flax textile project with an annual output of 10 thousand spindles was introduced from Shaoxing, Zhejiang province. In order to realize the transformation of economic structure, we need to continuously strengthen our economic development.
According to the monitoring of price department of Jiaxing City, Zhejiang Province, due to international and domestic cotton Prices continue to rise and other factors. Recently, the price of some cotton textiles in urban areas has been raised. Although the industry expects the world's cotton production to increase substantially in the next year, the problem of insufficient production will remain due to the warmer consumer demand. Therefore, cotton prices will continue to fluctuate at the current level.
Business is difficult when prices rise.
Wang Jianqiang, a towel seller in the small wholesale market of Kai Sheng, said that business was difficult recently because of rising prices. "Originally 10 yuan money sells 4 to be able to earn, now 10 yuan sells 3 to compensate!"
And his customers are mainly community stores or small supermarket operators, and some people who want to buy cheap goods. These people are more sensitive to prices. In recent months, business turnover has decreased by at least 40%. In the market, businesses such as pillow fabrics, bedsheets, cotton socks and other commonly used cotton textiles are also facing the same situation.
How long can we keep up with the price increase?
In the interview, we found that the major shopping malls and supermarkets in the city were not afraid to affect the market share and did not raise the retail price of cotton textiles for the time being. one person knitting The head of the counter said that the purchase price of the towel rose after the Spring Festival, which rose by more than 8%, and such a rally has not been seen in recent years. "Now we are selling our inventory on the one hand, and on the other hand, we are desperately trying to reduce the supplier's profit margins." But the official also said she did not know how long it would last.
In fact, there are already businesses unable to sustain. According to the price monitoring center of the City Price Bureau, in mid May, Jiangsu AB Limited by Share Ltd increased the price of some products. There are 17 commodities in some shopping malls in Jiaxing involving price adjustment, with an average increase of 5.46%.
Volatility or high volatility
For the cotton price trend in the coming period, the industry believes that according to the annual report released by the US Department of agriculture, the global cotton production will increase significantly from September to August this year. However, due to the overall growth of the global economy, cotton consumption has basically recovered to the level before the financial crisis. Although output has increased, there is still a big gap compared with demand, which has been insufficient for fifth consecutive years, and inventory has continued to decline.
Therefore, many cotton textile dealers believe that this indicates that cotton prices will be suppressed for one and a half years in the international market. At the same time, due to the problems still exist, the price of cotton in the international market is difficult to fall, and it is expected that in the coming period, it will still operate at the high level of the current price level.
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