Cotton Prices Rose &Nbsp; Industrial Chain Pattern Mutation.
Recently, cotton prices have risen all the way, causing the price of lint cotton to rise. Cotton yarn prices have hit a new high, and the prices of grey fabrics and other downstream products have risen one after another.
Cotton market Brought about by Industrial chain Pattern mutation
Before the national day, the average price of the cotton market was 5.0-5.1 yuan / Jin, and cotton prices rose all the way after the National Day holiday, when cotton prices began to rise in October 8th. As of October 12th, cotton prices reached as high as 5.8-6.0 yuan / Jin, and the highest price in the area was 12.2 yuan / kg. Cotton prices rose by more than 13% in just five days. Cotton prices rose without doubt, and lint prices rose from 25000 yuan / ton in October 8th to 23000 yuan / ton, up 8.5%. As a result, the price of cotton yarn in downstream products rose by 3000-4000 yuan / ton, close to 10%, and the gray cloth rose 0.2 yuan per meter per meter, while the number of listed garments increased by 50 yuan / piece, and the rise was 50%.
How big is the cotton industry chain?
Expected industrial chain trend
Zhuo Chuang analysis shows that there will be no major fluctuation in the form of high cotton prices due to the reduction in production. At the same time, the price of a large textile enterprise in Asia has reached 24000 yuan / ton, and the resistance of the cotton lint quotation is short in the short term. The cotton form in this year will lead to the division of the cotton yarn market enterprise; the vitality of the scale enterprise will not decrease and the prospect will be broad; the small workshop will be eliminated and the new environment will be opened up. Short term gray cloth and clothing prices rise, sales slow down, the market cooling.
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