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    "Crazy" Cotton Price&Nbsp; Cotton Enterprises "Ride A Tiger"

    2010/11/12 13:50:00 379

    Cotton Price And Enterprise

       This October New cotton Since the opening of the scale, the crazy cotton price has pushed the purchase and processing cost of each ton of cotton to nearly 30000 yuan, which is higher than the 29000 yuan price usually accepted by downstream cotton textile enterprises, which has made many ginning enterprises“ ride a tiger and find it hard to get off ”。


    In Aksu region, in the past years, all ginning enterprises worked overtime in this season, but this year, many ginning enterprises' production lines were not full.


    Rectangle Heping of Aksu Tianshan Cotton Production Plant said: "This cotton is risky, and we can't catch up with the processing. In fact, only two of the three workshops have opened."


    For cotton enterprises, it is not only the high risk of acquisition, but also the doubling of lint price driven by the rising seed cotton price, which also makes their sales into a dilemma.


    Fang Heping of Aksu Tianshan Cotton Production Plant: "We lint The processed products are still stored there, and people are scared back when they see the price. "


    Ding Lizhi, the buyer of Shandong Dezhou Zhongyuan Textile Co., Ltd., said, "I dare not accept lint now. The price is too expensive. Textile mills are losing money. Thousands of dollars will be lost per ton."


    During the interview, the reporter learned that although there is no profit, many cotton textile enterprises signed orders last year and can only continue to produce. Aksu Tongwang Textile Co., Ltd. has both ginning mills and spinning mills, but now the profit margin from lint to spinning is getting smaller and smaller.


    Li Tari, General Manager of Ginning Plant of Aksu Tongwang Textile Co., Ltd., said, "Now the cost is nearly 29000 yuan (purchased and processed into lint per ton), and the highest demand for lint is 29000 yuan (for downstream enterprises)."


    Journalist Xin Ping: "This is Aksu Industrial Park. During the 12th Five Year Plan period, Aksu plans to build a textile industrial city here. Although the cotton market is chaotic and the prospects of the cotton industry are difficult to predict, the construction of the textile industrial city here is still progressing steadily."


    Si Shujie, the head of the preparatory department of Aksu Xinya Textile Co., Ltd. of Youngor Group, said, "There will be two (workshops) to be built next year, and the first phase will be 150000 ingots."


    Li Kelin, Deputy Director of Aksu Regional Economic and Trade Commission, said, "Now the contracted capacity has reached more than 2.6 million ingots, and we can achieve the capacity scale of 3 million ingots in the past three to five years."


       Reporter Xin Ping: "We learned in the interview that many people could not understand the future trend of cotton prices, but more people showed an optimistic attitude. They believed that while farmers benefited from the rise of cotton prices, the cotton industry's ability to resist market risks and pressure would also be strengthened, and the cotton industry would continue to move forward along a healthy track."

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    In October This Year, The Boom In Cotton Prices In The International Market Continued.

    Cotton spot and futures prices continued to rise sharply in the international market in October. The expected co-existence of global cotton production and shortage will affect the continued high volatility of cotton prices in the first two months of this year.

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