Cotton Went Crazy Up &Nbsp; Autumn And Winter Cotton Prices Went Red All The Way.

When crazy cotton "Encounter thousands of years of extreme cold, will certainly wipe out the spark of price rise. Recently, the reporter learned from the visit that cotton prices continued to rise this year, causing the cotton market to suffer a great impact. As the "rising price" is blowing fiercely, from cotton socks and cotton pajamas to the just listed ones Cotton The price is red all the way. It is understood that the price of cotton clothing has increased from 10% to 20% degrees.

Earlier, the reporter came to a underwear store in Wulian Road, Pudong New Area, Shanghai, to prepare one for herself. Underwear 。 Turning around the store, reporters found that the retail price of brand underwear such as Heng Yuan Xiang, silk bird and three guns increased a lot this year than last year. "Last year I bought a set of three gun thin thermal underwear as long as 236 yuan, how this year increased by 20 yuan?" the reporter asked puzzled. The salesperson of the shop said frankly: "the price of the underwear is higher than that of last year. The inventory of last year has just been digested, and now the store is just entering the goods. The wholesale price of a set of three gun underwear is several yuan higher than that of last year, and the retail price is higher or less."

In addition, the reporter visited also found that this year cotton clothing prices rise at the same time. market The products of pure cotton fabric are also less and less, instead of some fibers and Lycra clothes. Moreover, most of the so-called "pure cotton" clothes are "not pure cotton", often replaced by some polyester, acrylic and other fabrics, and the cost is much cheaper than cotton. The industry said that the reduction of cotton content is also a must, because raw material cotton prices increase too much, can only reduce the cost of raw materials to ensure their own profits. At the same time, the competition between the costumes in the market is fierce now.

What is the reason for these clothing prices? Market participants agree that in addition to the rising cost of manpower and material resources, the rising price of raw materials and cotton is the "culprit".

Reporters learned from the China cotton trading network that cotton prices continued to rise in 2009 this year. The price of cotton seeds in the mainland ranged from 9.6 to 10.8 yuan per kilogram, setting the highest historical price in nearly 10 years. Shanghai textile industry association data show that the current cotton price has reached 25 thousand yuan / ton, compared with last year, an increase of nearly 80%, a new high in 11 years. In September alone, the spanaction price of cotton rose from about 18 thousand yuan per ton at the beginning of the month to about 25 thousand yuan / ton, which has soared nearly 40%. Cotton quotes even at the highest price of 27 thousand yuan / ton.

Ma Wenfeng, an analyst with the Oriental Agribusiness Consulting Co. Ltd., told reporters in the international finance daily that in general, around November, the new cotton market came into being. When the supply was large, cotton prices would fall, but this year was abnormal, and the price rose so much. "In fact, the purchase price of cotton has doubled this year."

"The reason why cotton prices go all the way is that cotton production is reduced this year and cotton is in short supply." He told reporters that when the financial crisis occurred, domestic textile and garment enterprises were hit hard, consumer demand weakened, and some cotton growers lost a lot of money, so many people turned to other agricultural products (000061) planting. In addition, floods in many southern cities this year, and cotton harvest in Xinjiang, the main producing area, has resulted in a three or four reduction in cotton production this year. In addition, it is understood that cotton production in India Limited cotton exports, Pakistan cotton disaster greatly reduced production, but also directly led to the shortage of cotton supply.

Ma Wenfeng also pointed out that cotton prices rose sharply this year and did not exclude the factors of artificial speculation. Some businesses bought cotton at a low price last year, hoarded for a while, then sold it and made money by frying cotton. Although almost everyone agrees that the current cotton prices are very "Crazy", Ma Wenfeng expects that the frenzied behavior of cotton will continue for some time, and there may be another wave of price rises in the future.