Weifang: Adjusting Structure To Promote Development

Zhucheng stress

Supplement:

Reporters learned that, because of the disaster of cotton production in main producing areas such as Xinjiang this year, the price of most cotton textile products in Weifang city of Shandong province has increased by about 20%.

Expert analysis, because local cotton is also seriously affected, the price of cotton and other products in the future is still very large.

On the 12 day, reporters visited several cotton wholesale households in the textile city of Weifang, Shandong Province, and found that the increase in prices resulted in a sharp decline in their business.

Zheng Min, who has been engaged in cotton wholesale for more than 10 years, told reporters that this year is the highest price of cotton cloth since she has been employed, and the vast majority of cotton products have risen by about 20%.

Mr. Liu, a distributor of cotton textile products, told reporters that it has not been shipped for several days. The main reason why business is bad is that the price is too high. In the final analysis, the main cotton producing areas such as Xinjiang are affected by the disaster, and the output is down.

Reporters interviewed relevant industry experts learned that the textile industry has been the traditional pillar industry in Weifang city of Shandong province. At present, the city has owned more than 900 textile and garment enterprises above Designated Size, and the price of cotton has been greatly affected.

Expert analysis shows that the cotton planting area in northern Weifang is large, but because of hail and other weather disasters, it has been seriously affected.

The price rise of the cotton textile industry can be said to be brought about by the Xinjiang producing area. In the future, the local cotton production will not keep up, which may lead to a new round of price increases.