The Upper And Lower Reaches Of The Textile Industry Are In A Stalemate.
In the early October, reporters were interviewed. cotton When the price rises, one industry expects cotton because of cotton prices. Price The surge will include artificial speculation, and cotton will surely fall rapidly before the end of the year. Unexpectedly, at the end of the year, according to Xinhua News Agency on November 14th, the Zhengzhou futures exchange cotton futures contract has fallen sharply since 10, which has caused the cotton spot market price to drop rapidly.
On the 10 day, the futures price of the Zhengzhou Futures Exchange began to decline after reaching a new high of 33720 yuan / ton in May 2011. It closed down to 29290 yuan / ton on the 12 th. The acquisition of seed cotton market also experienced roller coaster last week, the purchase price fell from around 7 yuan / kg to 6 yuan / kg. Affected by the market downturn, cotton traders began to accelerate the sale of seed cotton.
Cotton prices for Li Xumin, chairman of Zhengzhou Jin Xu textile Co., Ltd., is a long heart of stone. Half a month ago, he came to Hangzhou to attend the second session of China. Gem When it comes to cotton prices, the summit is bitter. Yesterday, Li Xumin said in an interview that cotton spot prices began to fall in November 15th.
Li Xumin's main business is cotton yarn and other mid stream products. Many cotton textile enterprises in Zhejiang are stocking up there, but the latest price changes have not yet been transmitted to Zhejiang. The reporter inquired about several cotton textile enterprises in Zhejiang. They said that spot prices fluctuated little and needed to continue to wait and see.
"The current cotton price is about 30 thousand yuan per ton." Mr. Zhu of Zhejiang Shuang Da Textile Co., Ltd. told reporters that the main raw material of the company's cotton is from Xinjiang. Because the price is at a high level, the company that produces cotton yarn does not dare to buy more stores and purchase it on demand after ordering. But most of the enterprises that make cotton in Zhejiang are small, so we can only observe prices every day and buy them in batches. In case of a rapid decline, we will lose money. Most cotton spinning enterprises at present dare not draw a conclusion to the future market, and dare not let go and buy and sell, and gradually form a stalemate.
"Wait-and-see atmosphere is strong." The reporter learned from the Zhejiang cotton textile association that the price trend of the cotton market is basically the fluctuation of the purchase price of seed cotton, the spot price of cotton has slipped, cotton prices are basically stable, the cotton ginning factory is reluctant to sell, and the textile mills are not buying much. Buyers and sellers are in the wait-and-see period. In addition, the downstream market for cotton yarn procurement continued to wait or consume inventory, new orders less.
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