Cotton Price Crazy 15 Years Hard To Meet &Nbsp; Cotton Cloth Boss Crazy

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Cotton price crazy 15 years hard to meet

Liu Qionghua has been engaged in cotton wholesale for more than ten years in the wholesale market of Lotus Pond in Chengdu. But this year's soaring cotton prices have surprised the "insiders" who have been engaged in the wholesale trade for more than a decade. "We haven't seen such a rise in cotton prices for 15 years."

In the wholesale market of Lotus Pond textiles in Chengdu, the market price of cotton cloth varies from day to day, and the wholesale price of cotton cloth rolls upwards and upwards.

In October, the price of cloth increased more insanity. In the first 3 days of October, the average daily price of rice cloth rose by 5%. In less than half a month, the wholesale price has risen 1 yuan / m, 2 yuan / meter, and the total increase has reached 20%.

Cotton prices will continue to rise.

Data show that in 2010 and 2011, China's cotton production was 6 million 960 thousand tons, while the demand for 10 million 400 thousand tons, imports of 2 million 740 thousand tons of cotton, accounting for 26% of domestic consumption, so the domestic cotton supply shortage pattern has become increasingly fierce; and China's supply and demand gap is 2 million 800 thousand tons, so the future cotton prices have higher potential.

According to the analysis of the industry, cotton prices have risen more than 40% in recent years, and at present, the price of the terminal has increased by about 20%, and the price of cotton goods still has room for improvement.

Cotton clothing prices rose by more than 50 yuan

Soaring cotton prices will definitely affect downstream industries.

It is not only cotton distributors who are under the pressure of rising cotton prices, but also the clothing dealers are facing enormous cost pressures.

"The price of cotton fabrics has gone up, even chemical fiber fabrics have gone up."

Lv Hailiang, a brand clothing wholesaler, said that the price of clothing in the shop has risen to varying degrees, especially for cotton fabrics, whose prices have risen by 50 yuan, 60 yuan / piece.