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    Cotton Prices Rose Shishi Textile Industry Is Very "Scratched Head"

    2010/10/1 12:08:00 77

    Cotton Price Shishi Textile

      

    recently

    cotton

    And the price of cotton yarn has gone up like a rainbow.

    Shishi textile

    The industry feels very "scratched".


    "Cotton prices are out of line."

    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. It is only due to the rising price of upstream cotton and chemical fiber polyester yarn, 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, as the state has sold the reserve cotton, although cotton prices, yarn prices may appear a few days of irrational rise, but the space will not be too big, it is estimated that after the national day, the market price can return to rationality.


      

    Textile and clothing

    The 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.

    (reporter Liu Yonghong)

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