Cotton Prices Are Rising Too Fast, Bringing Impact To The Textile Industry.

September 26th news now. cotton Act as cotton textile industry The most important Raw material There was a price surge and cotton purchase price rose 20% in 4 days. How will the cost boom affect China's textile industry? How should the textile industry get rid of its current predicament?

According to the data provided by the Ministry of industry and information technology, cotton prices have risen from 17 thousand yuan per ton to 20 thousand yuan per ton in recent years. Why cotton prices have risen so fast? Kong Xiangzhi, vice president of the school of agriculture and rural development of Renmin University of China, mainly affected the price relationship between supply and demand.

Kong Xiangzhi: "supply is still insufficient, demand has been rising, leading to price rise, from the point of view of supply and demand, this is inevitable. Last year, production is declining. We import these years every year. Cotton imports have decreased this year, such as India abruptly prohibit cotton exports, and cotton in other countries has not yet come, there is a process. It is possible to alleviate this contradiction after coming over. This year's cotton production is expected to be further cut than last year.

What kind of impact will the rising cotton prices bring to the textile industry? He Xiaosi, manager of the Information Department of China cotton textile information network, believes that the entire textile industry is facing a crisis.

He Xiaosi: "the most direct impact is the rising cost, because the price is too long, and the cost of raw materials in the downstream 70% is greatly increased. The second effect is the price instability, and whether it continues to rise or fall is hard to say now. Third directly affect the profits of enterprises, raw material prices rise, the price of cloth is also rising, maybe the two prices rise differently. So we will directly compress the profits of enterprises. Generally speaking, the impact on the production receipt of enterprises, including the profits of enterprises, including the cost control of enterprises, is very large.

How does the textile industry find the way out in the future to get rid of the current predicament? Kong Xiangzhi pointed out that the transformation from textile power to textile power is the only way to solve the problem.

Kong Xiangzhi: "China's textile industry is facing a great change in the past 10 years. I think this change should be almost completed in the next 5-10 years. Without timely transformation, the textile industry may be abandoned by the times, such as extensive, high cost and low income will be phased out. Turn to produce our own national brands, or have high added value of such textiles. Is it possible for us to take advantage of this opportunity to produce more textile products with lower grades from the textile giants to the textile powers?