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    Cotton Prices Remain High &Nbsp; Service Companies Hope To Increase The Added Value Of Products.

    2010/8/6 10:39:00 57

    Cotton Yarn

    The high cotton prices are still at high levels, and the cost pressures of downstream textile enterprises are heavy. If they are careless, they will lose money.


    Cotton prices dropped slightly in mid July, and domestic 328 grade cotton spot went down to the current 18200 yuan / ton after hitting a record high of 18373 yuan / ton from 13 last month, but it still rose sharply compared with the same period last year.


    At present, for cotton spinning enterprises, it is the off-season production. Some small and medium-sized textile enterprises begin in July.

    Order

    Undertake the lack of performance, the output of the chain fell, many enterprises are in the process of adjustment.

    But for some other companies, this year's off-season is not bad.

    "Now there are still many orders on hand, although we can not increase the price, but all are hand in hand cash pactions, the operation of the enterprise is still good."

    Chen Mengsha, the person in charge of the whole crown cotton mill, said in an interview yesterday that although cotton prices continue to rise this year, due to the large demand of downstream enterprises, the cost of higher prices can be passed on to downstream customers. Profits are better than before. Last year's inventory was sold out.


    Data show that in July 26th, 32S

    Pure cotton

    The mainstream price of knitting yarn is 27300 yuan ~27500 yuan / ton, and the mainstream price of 40S knitting pure cotton yarn is 28500 yuan ~29000 yuan / ton.

    By July 30th, the mainstream of 32S cotton knitted yarn was quoted at 27000 yuan ~27300 yuan / ton, and the mainstream price of 40S pure cotton yarn was 28200 yuan ~28500 yuan / ton, and the price of these products decreased slightly.

    Downstream users have become more cautious in purchasing, and expect cotton yarn prices to fall further.


    Jiang Jianren, commentator of "China Keqiao textile index", told reporters that textile production is now in the off-season adjustment period.

    Cotton yarn

    There is limited space for product prices to fall, and the overall price of textiles is expected to go up in August.


    Zhou Xiaonan, deputy general manager of Ningbo Huamei Wire Industry Co., Ltd., also told reporters yesterday that the price of cotton and cotton yarn has not been significantly reduced. Due to the increase of power outages in the region and the reduction of some cotton mills, the supply of raw materials such as cotton yarn is tight, and the price is still high.


    "This year, many cotton mills are sitting on the floor and starting a price once a month or even a few days, which is very stressful for us downstream users.

    Some of the previous long bills even appeared 7%~8% losses, "Zhou Xiaonan said." although orders are still available, we are very careful with orders and raw materials purchased. "


    In the Pearl River Delta, a number of small and medium-sized garment factories have been unable to accept production or go out of business because of the rising costs of textile raw materials.


    Considering the limited space of raw material prices, many garment enterprises hope to increase the added value of products to digest the cost.

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