Cotton Textile Industry's Profits Have Reached A Record High.

Inflationary pressures and domestic inflation in November cotton Cotton prices and cotton yarn prices have been rising continuously under the impetus of a larger gap, and cotton yarn prices have risen more than cotton prices this month, and cotton yarn profits have reached a new high. However, the excessive rise of cotton yarn and cotton prices will inevitably lead to clothing home textiles, and have obvious demonstrative effects on other commodities, promote inflation in the whole society, increase the intervention of the state, and the price of cotton and cotton yarns will steadily adjust, and the level of industry profits will gradually decline.

BOABC monitoring showed that the average monthly price of cotton in November was 28442 yuan / ton, a rise of 14.93% in the annulus, and a certain decline in the annulus rate, up 98.76% over the same period.

Cotton yarn, despite the cost of cotton prices continue to drive up, and a large amount of money to promote, cotton yarn prices also hit a new high, the average monthly price of 40s cotton yarn is 32450 yuan / ton, 32S cotton yarn monthly average price of 39083 yuan / ton, the chain rose 26.03% and 21.27%, respectively, up 95.36% and 98.69%, respectively. But after all, the price of cotton yarn has been significantly restricted by the decline of the actual consumption power of the domestic residents.

Consider cotton and yarn Price difference and fixed cost, pure textile industry in November Cotton yarn Tons of yarn profits fell to 14335 yuan / ton, a record high.

Considering the impact of raw materials, fuel power and other costs, it is estimated that the cost will be increased by more than 9% in November, the actual yarn cost will be reduced to 3865 yuan / ton, and the profit rate of the industry will be 10.97%.

At present, cotton prices are in an excessive upward trend. After the market shocks, the current high cotton price will drive the textile industry's profit downward.