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Cotton Prices Rose To &Nbsp At 4 Days, The Most In 10 Years.

2010/9/27 23:18:00 85

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"Cotton prices have risen by 20% in 4 days, and this price pmission will soon be downstream.

Textile enterprises

The pressure will be great. "

In September 20th, Wang Wei, deputy director of the consumer goods industry department of the Ministry of industry and information technology, said in an interview with reporters.

According to statistics from the Ministry of industry and information technology, the profit of the textile industry increased by 61% over the first half of the year. However, the good year is only a flash in the pan. Under the pressure of cost and power limitation, the textile industry is facing the trend of high and low with the Chinese economy.

"The biggest problem that threatens the textile industry is now.

raw material

The question of cost and quantity.

Wang Wei told reporters that in recent years, the cotton prices he monitored showed that cotton prices quickly increased from 17000 yuan / ton to 20000 yuan / ton, which added enormous cost pressure to the textile industry.

The reporter understands, the reason that causes cotton price to rise all the time is multifaceted.

On the one hand, due to the low cotton prices in 2008, cotton growers' confidence was frustrated and the planting area was reduced.

Statistics show that in 2009, China's cotton production was 6 million 400 thousand tons, a decrease of 1 million 100 thousand tons compared with 2008, a drop of nearly 15%.

On the other hand, last year, cotton production in Xinjiang and other major cotton producing areas decreased by nearly 1/4 due to climate disasters and other reasons, which further aggravated the contradiction between supply and demand imbalance.

At the same time, the international cotton price is also on the rise, while cotton exporters such as India have suspended cotton exports, and cotton prices are unlikely to fall in the short term.

In addition, demand is also.

Cotton prices rise

A major reason for this is that China's textile industry has continued to stabilize and pick up in the second half of last year. In 2010 1~2, domestic yarn production increased considerably, up 26.52% compared to the same period last year, and the operating rate and orders of the enterprises were much better than that of the same period last year.

With the rise of cotton prices, the price of chemical fiber has also risen sharply.

In Wang Wei's view, textile enterprises are facing not only the problem of high cotton prices, but also the shortage of cotton supply next.