Shaoxing: Cotton Prices Almost "One Day A Rise" &Nbsp; Clothing Enterprises To Adjust The Opportunity.

In the Yue Zhou light textile industrial city, several cotton shops are closed.

"The price is too high to enter the goods, and now trading back the funds may not be enough to buy raw materials in a few days, but look at the situation."

An operator said.

Since September this year, cotton prices have risen almost "one day," and the purchase price of semi-finished products such as cotton yarns and grey fabrics has been increasing. Cotton spinning and garment enterprises in Shaoxing are facing unprecedented cost pressures.

In October 9th, the cotton price index was 22865 yuan / ton, up more than 300 yuan / ton on the first day after the national day.

Compared with the 18002 yuan / ton in early September, the increase has exceeded 20%.

The price of one ton of standard cotton also surged to over 20000 yuan from 8000 yuan in September last year, which has risen 1.5 times in one year.

Shaoxing customs official said, at present,

Mr. Lin, a purchasing manager of a home textile enterprise in Keqiao, said that the price of cotton yarn has been unstable since the first half of the year, and sometimes the supply of goods is also very tight.

In September, as cotton prices soared, the price of cotton yarn was one price per day, and the increase was one thousand or two thousand yuan.

Yue Zhou Industrial and Trade Park, Keqiao light textile city and other markets are the main distribution centers and trading markets of Shaoxing grey cloth. It is understood that after the national day, all cotton grey cloth increased by more than 10%.

"Yue Hong Holdings" is the largest cotton producer in the city. It eats 200 thousand tons of cotton every year and produces 25 million meters of grey cloth.

Today cotton prices are "one day, one sample", and they can only suspend their contracts with their customers.

Some small cotton spinning enterprises are facing a dilemma because of low bargaining power: the high price of upstream cotton producing areas and the downstream foreign trade enterprises are afraid to take orders.

Foreign trade enterprises are also faced with the dilemma of "single can not do".

Feng Kejian, general manager of Shaoxing Yijia textile foreign trade company, said that the price of grey cloth has increased the profit space constantly compressed. The 10% profit space that was originally discussed is likely to be compressed to 5% or even lose money at once.

Adjusting product structure is a good opportunity.

According to analysis, since the beginning of this year, China's textile and garment industry has recovered sharply, and the demand for raw materials and cotton has been greatly improved.

In addition, there is also speculation about raising cotton prices.

Since the price of imported cotton is lower than domestic cotton prices, cotton imports have increased significantly this year.

According to Shaoxing customs statistics, the first 8 months of this year, the city imported 13 thousand tons of cotton, worth 23 million 100 thousand US dollars, respectively, 4.1 times and 6.3 times higher than the same period last year.

International cotton prices have also risen sharply this year.

Shaoxing customs statistics show that in August, the average monthly import price of cotton in our city rose further to 2108 US dollars per ton (2040 US dollars in July), which is the highest historical price since Shaoxing customs has statistics.

"With the further introduction of regulatory measures, cotton prices may stabilize after a week's holiday."

According to the analysis of the industry, due to the pressure of rising domestic and international cotton prices, sometimes there is a time lag in the pmission of the pmission products, and the pressure of rising prices of clothing in autumn and winter will be highlighted. At that time, the adverse effects of Shaoxing's textile and clothing exports will gradually become apparent.

Shaoxing customs reminds that Shaoxing enterprises should actively adjust the structure of textile and clothing products, digest the cost pressure by increasing the added value of products, intensify technological innovation, and introduce new energy-saving and consumption reducing equipment, so as to reduce the production cost of textile and garment enterprises.