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    Cotton Prices Soared &Nbsp; Winter Clothes Bought As Early As Possible.

    2010/11/5 14:52:00 60

    Cotton Winter Clothing Fair

      

    The third phase of the Canton Fair is mainly textiles.

    enterprise

    Mainly, the Hongkong Wen Wei Po reporter interviewed at the scene was informed that, because cotton prices have been soaring, many textile alone dare not receive, there is a single can not pick up.

    Wen Zhong Liang, deputy director of the Ministry of foreign trade of the Ministry of Commerce, said in an interview yesterday, "cotton price has a record high of 20 thousand yuan per ton, but now it has reached the level of 25 thousand yuan to 30 thousand yuan or even higher.

    Although winter in Guangdong is not cold, I suggest that you buy winter clothes ahead of schedule this year.


    Wen Zhongliang said that the analysis pointed out that the supply of cotton in the mainland has always been in short supply, so earlier this year, some preparations were made for imports.

    However, it happened that Xinjiang's main cotton producing areas in the mainland failed this year, and several cotton producing areas in foreign countries also failed to harvest.

    "Speculation in real estate funds and gambling on RMB appreciation have taken the opportunity to enter the cotton circulation sector and further push up the price of cotton."

    According to his understanding, the NDRC is taking relevant measures to adjust this.


     

    Wen Zhongliang also said that after the textile and garment industry enterprises

    Visit

    The present situation is: foreign countries.

    Customer

    Mainland enterprises are eager to take up large orders and long orders, but the mainland enterprises are very cautious, because cotton prices, labor costs, and the RMB exchange rate make the production enterprises "very bottomless".

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