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    Shishi Textile Industry: Cotton Prices Skyrocketing &Nbsp; Enterprises "Scratching Their Heads"

    2010/9/30 23:51:00 112

    Shishi Cotton Prices Soaring

      

    Recently cotton and

    Cotton yarn

    The price has gone up like a rainbow. The market has seen a rare spectacle of priceless and no market, which makes the Shishi textile industry feel very "scratched".


    "The price of cotton is too far away."

    An industry insider said that in the Shishi market, last weekend, 32 polyester cotton yarn (combs) had risen to 22 thousand yuan / ton. Yesterday's quoted price was 25 thousand yuan / ton, and it was not yet concluded. The whole cotton yarn (combing) was the most fierce variety. Last weekend, the price reached 32 thousand yuan / ton. Yesterday, the market price reached 35 thousand yuan / ton, and there was still no market price.


    The price of the current cotton market has skyrocketed, which has nothing to do with downstream demand, but only upstream.

    cotton

    and

    Chemical fiber polyester fiber

    The rising price of silk is driven by the rising price of upstream resources. The actual demand of the market is very general, and there is no incremental demand.

    Because the price system of cotton yarn is chaotic, the cotton mill does not offer, or the price does not deliver, the Shishi textile industry has to stop and wait and see.

    According to the analysis of people concerned, because the state has already sold cotton reserves, although cotton prices and yarn prices may still appear irrational irrationality for several days, the room for increase will not be too large.


    The textile and garment industry is a pillar industry in Shishi. The weaving industry is especially developed. The knitting yarn should be at least 300 thousand tons a year.

    At the beginning of the year, the price of 32 polyester cotton yarn (combs) was only 16 thousand yuan / ton, and the current market quotation was close to 10 thousand yuan, and there was an upward trend.

    Static calculation, Shishi weaving industry cotton yarn purchase cotton yarn, we must pay hundreds of millions of yuan or one billion yuan annual procurement cost.

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