Cotton Prices Soared &Nbsp; Jiangxi Textile Enterprises Had No Resistance.

2010/10/13 18:20:00 49

??? 日本語 Fran?ais English 中文

For nearly half a month,

cotton

The price keeps rising from 200 to 300 yuan per ton per day, and has risen to around 23 thousand yuan per ton, a record high in the past ten years, and the rally is still continuing.

The price of cotton has risen continuously, and it has begun to pmit to clothing, cotton quilt and other products.

At the beginning of this year, a large number of textile enterprises in Nanchang, Jiangxi, had received quite a lot.

Order

。

I thought I could get good orders.

Economics

Efficiency, but the soaring price of cotton has made many enterprises feel unprofitable.

Some enterprises have begun to abandon orders due to the lack of protection of their profits.

Textile and clothing are labor-intensive and competitive industries. Cost advantage is the key to competition.

The soaring cotton prices will bring disaster to the textile and garment industry of Jiangxi, and to a certain extent, affect the competitive advantage of Jiangxi textile and apparel products in the international market.

Jiangxi

The textile industry department of the provincial Commission for Industry and Commerce analyses that there are three main reasons for the rise in cotton prices: first, because of the reduction in cotton production in the United States and other countries, there is a real demand for cotton raw materials and materials in the international and domestic markets, especially for many people's expectations of the appreciation of the renminbi, which has intensified the rise of cotton prices.

Next is speculation, and now cotton has become another agricultural product after price increases, such as mung bean and garlic products.

Thirdly, in recent years, the rising cost of agricultural chemicals and fertilizers is also a reason for the rise in cotton prices.