Cotton Drives Cotton Fabrics Up &Nbsp; &Nbsp; Textile Enterprises Are Afraid To Pick Up.

Towels, sheets, cotton clothes, and cotton are all rising.

I don't know when, Ji'nan.

There are many colorful fabrics hanging in the shop, and the prices of these fabrics have gone up.

"Originally 14 yuan per metre, now 18 yuan."

In the home textile of Fu day, the reporter saw that a towel of medium size would sell for 56 yuan.

"Good quality, pure cotton, strong water absorption, no deformation, plus high cotton prices this year, so the towel price is certainly higher.

Twenty percent off days ago, you can still get the original price now.

The clerk said that because of the high price of cotton fabrics this year, many customers chose bamboo fiber towels with a slightly lower price.

Next to Ming Shang clothing mall, autumn dress is on the market.

"This year

"Can it not rise? Now the cotton is so expensive and the cost is too high.

How much do you want to sell for a kilogram of eggs? Can the labor cost go up? So the windbreaker has gone up this year.

The boss tidied up his clothes while answering Miss Tung's complaints.

Lining, the sportswear brand, announced in June that the retail price of clothing products will increase by 17.9% in the fourth quarter of this year.

At the end of August, the sportswear brand "XTEP" issued a semi annual report, its clothing products average selling price reached 52.5 yuan, and the average price rose 13.9% in half a year.

The price is not only domestic cotton fabrics, but also internationally renowned luxury goods.

Visiting enterprises "

"Only the prices of today and tomorrow, and cash pactions".

Cotton prices have gone too far, and textile and garment enterprises are under great pressure.

Yantai Yanqi Textile Co., Ltd. General Manager Che Yanfeng reluctantly said that since September, orders are less, foreign customers dare not place orders, do not dare to take orders.

"The price of yarn has increased by 9000 yuan per ton, so it is difficult to grasp such a high cost.

The cotton mill is also very cautious. Today we only talk about the price of today and tomorrow, and we must pay cash. If the cash has not been paid the day after tomorrow, the price of yarn will rise again, so we can only buy it at a high price.

Che Yanfeng had to raise the price of export products. "The profits of export products are generally less than 10%. If there is no increase in prices, there will be no profit at all, and the price increase will be about 15% - 20%."

"We do not dare to place orders now, losing money is a common occurrence."

Jiang Haibin, sales manager of Qingdao Xi Ying men group, said.

"Cotton prices have gone so far, we have been operating very hard. Prices are rising every day. We dare not place an order."

Last December, he took an order, when the price of cotton yarn was 18000 yuan / ton, and the price of cotton yarn rose to 22000 yuan / ton at the time of delivery, and the cost increased sharply, making this single lost a lot of money.

Lu Tai A Securities Division staff said that the company's export products this year has been raising prices, in addition, the company also hedging way to deal with the appreciation of the renminbi.

As investors worry that the high price of cotton will bring greater cost pressure to textile and garment enterprises, textile and apparel stocks have fallen sharply in recent days.

Fuanna and Roley home textiles have lost 12.08% and 12.76% respectively in the past 5 trading days.

In the past 4 trading days, the United States apparel and seven wolves have fallen continuously, with a cumulative drop of nearly 10%.

"High cotton prices have a great impact on the textile enterprises in our province. About more than 5700 textile enterprises of all sizes (more than 5 million yuan in sales) are afraid of receiving large orders and long orders. The trend of cotton prices is not good enough to grasp."

Shandong Province Textile Industry Association, a Han surname official said.

As the weather gets colder, Ms Zhang wants to go to the streets to buy some cotton padded clothes for her family, but finds that this season's clothes are much more expensive.

She does not know that this is a gradual increase in cotton prices directly affecting the terminal market.

On the 15 day, the highest price of Shandong seed cotton reached 5.8 yuan per catty, while the highest purchase price of Shandong fine cotton reached 25800 yuan per ton.

Cotton prices hit the highest price in nearly 10 years.

The pressure of textile enterprises in our province is increasing. "Dare not take long orders, dare not pick up big bills".

In the autumn of October, the textile industry encountered a winter cold spell.

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Analysis "

Short supply of cotton and bull market in the short term

As a global staple agricultural product, the rise of cotton prices depends on the face of the whole world.

In the September 2010 agricultural market monthly report, the US Department of agriculture pointed out that in 2010, the global cotton inventory was only about 40% of the annual demand, and cotton prices were close to the highest level in 15 years.

It is reported that as the largest exporter of cotton in the world, the area of cotton fields in the United States has decreased and output has declined.

India, the world's second largest cotton grower, has issued export restrictions this year.

Pakistan, the world's fourth largest cotton grower, has suffered a major flood disaster this year, resulting in a sharp decline in cotton production. Pakistan officials have reduced the cotton production from 2010 to 2011 to 1 million 970 thousand tons in 2010.

All these factors aggravate the tension of global cotton supply.

Ma Wenfeng, an analyst with Orient Agricultural Consulting Co. Ltd., said that over the past 10 years, China has imported more than 2 million tons of cotton, reaching a maximum of about 3600000 tons.

It is estimated that cotton production gap will increase further this year, and is expected to reach about 4200000 tons, close to half of the total cotton trade in the world.

"Last year, China's cotton imports accounted for 33.98% of the world's exports.

As the import volume doubled in the first 8 months, the proportion will increase this year, which will further increase the price of international cotton.

Therefore, China's cotton prices in the next period of time, will still run high. "

Ma Wenfeng said.