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    Why Is It So Expensive This Year?

    2010/12/18 16:16:00 66

    Clothes Expensive Cotton

    Looking at the price of "388 yuan" of a set of colored cotton underwear, Yue Xinyi is in a dilemma: the same product in the same period last year will not exceed 280 yuan.

    "Not buying, how to spend the winter?" in the long and cold winter, Yuexin Yi, who lives in Urumqi, Xinjiang, Northwest China, decided to bite his teeth and buy it.


    "I really regret my gut. In mid October, a four piece set in bed was only 196 yuan, and now it has risen to 296 yuan."

    Qu Jing is an ordinary wage earner in Wenzhou, Zhejiang province. She is frugal in order to buy new houses, but such a price change still makes her confused.


    "Is this year's clothes so expensive?" "will it become more expensive next year?" "do you want to buy more in advance?"

    Since the beginning of this winter, many Chinese ordinary consumers have issued such questions in the face of the rising price of cotton products.


    From the end of September this year, cotton prices surged, and prices of cotton yarn and cotton cloth rose to the height of the textile industry, and then rushed to the entire textile industry. In 2010, the operators of all the chain of China's textile industry went through a torment. The Chinese textile industry was facing a new challenge, which also put forward a new proposition for the Chinese government to control inflation expectations.


    "No such gains have been seen for decades.

    In one meal, a ton of cotton grows hundreds of pieces.

    Zhang Yuchen, general manager of Dong Jun Textile Co., Ltd., Changzhou, Jiangsu, made an image metaphor for the change in cotton prices this year: "watching cotton prices change every day is like watching a play!"


    As China's main cotton producing area, Xinjiang cotton price is often regarded as a weathervane of cotton price fluctuation.

    In the short span of 60 cotton days in September 10th, Xinjiang's cotton prices rose by more than 10000 yuan per ton in the short span of November 10th, while the domestic cotton futures prices doubled in the same period, reaching a historical maximum of 33 thousand yuan. The two month's rise was more than 50%, breaking the highest level in 10 years.


    Even now, although cotton prices have dropped in mid November, they still maintain between 27 thousand and 500 yuan and 28 thousand yuan per metric ton of standard cotton.


    The rise in cotton prices loth the vast majority of cotton farmers in the upper reaches.

    "This year's income is at least two or three times higher than that of last year."

    Looking at the rising cotton prices, cotton farmers NIM njzi in Akesu, Xinjiang chose cotton picking and selling.


    As cotton prices continue to soar, the cost of picking up is also rising.

    During the cotton pick-up this year, the attendants of a three star hotel in Akesu, Xinjiang, all run to pick up cotton, which makes hotel managers very headache.

    Attendant Ay Guli said: "picking up a kilogram of cotton can earn two or three yuan.

    Now it's not picking up cotton at all. It's collecting money.


    After the rise of cotton prices, the prices of cotton yarn and cotton cloth are also rising along the way. The cyclical rising price curve makes the operators of the chain of textile industry panic, and the production enterprises such as garment factories and other end products are bitter.


    The fourth quarter was originally the busiest production season for needle spinning foreign trade enterprises in the year. But in Zhuji Datang Town, Zhejiang, there are a dozen small socks enterprises with more than a dozen hosiery machines, many of which are closed and shut down.


    Generally speaking, the rising price of raw materials will take at least half a year to pmit to terminal products.

    But strangely enough, the price of textile products has started to rise since October.


    Jiangsu Changzhou Yuping cloth art Co., Ltd. is a main home textile product enterprise, the company general manager Zheng Yuping said: "in late October, one day, the company even received more than 100 suppliers to raise the price fax.

    Now more than 500 supplier products have gone up, and home textile fabrics have risen by 15%-30%. "


    According to the China Cotton Association survey, this year's continuous high temperature weather in the Yangtze Valley and heavy rainfall in the the Yellow River River Basin have great impact on cotton quality and yield.

    In addition, due to the delay of sowing date this year, cotton production in northern Xinjiang has been greatly affected.

    With the textile industry gradually warming up, the demand gap of domestic textile cotton has further expanded, which has led to an increase in cotton prices objectively.


    But many people in the industry believe that this year's hot money has raised cotton prices.

    Jiangsu Star Textile Co., Ltd.

    company

    Yao Kai, deputy general manager, said: "from the end of September to the middle of October, there was a consortium's speculation on cotton prices and then withdrew.

    Although we know that cotton prices are water, hype and bubbles, we can only look at them without any way. "


    Although it is still inconclusive whether the hot money is really involved in cotton frying, in fact, only such rumors have caused market volatility.


    At the end of the year, cotton growers, middlemen and end product manufacturers have issued a common cry: they do not want to get huge profits by falling sharply. They only hope that prices will keep steady and continue to make money.


    In the face of the market, Liu Hongjun, Secretary of the Awati county Party committee of Xinjiang, who has had many years of experience in cotton purchasing and marketing, can not help worrying: "once the cotton market is reversed, farmers will suffer the most."


    In the face of soaring cotton prices, the the Xinjiang Uygur Autonomous Region government discovered signs of market fluctuations early in the opening of new cotton, and demanded a sharp attack on panic buying.

    cotton

    The behavior of disturbing the normal operation order of the market, such as maliciously hoarding and raising prices.

    Subsequently, the national development and Reform Commission and other departments working group went to Xinjiang to monitor market prices.


    Since November, the Urumqi Railway Administration has arranged 300 wagons daily to rush out the Xinjiang cotton and go to the Middle East textile enterprises.

    "The total daily installed capacity in Xinjiang is 13 thousand and 500 tons. The railway sector is constantly communicating with the cotton association and enterprises, giving priority to arranging Carbodies to rush out of Xinjiang's cotton fields."

    Liang Jun, deputy director of the Transport Department of Urumqi Railway Bureau, said.


    In November, the State Council held a special meeting to increase the external pport capacity of Xinjiang cotton, ban the acquisition of unlicensed and unlicensed cotton processing, and focus on attacking illegal hoarding, driving up prices, disguised price increases, collusion in price increases, collusion in price increases, and other illegal activities.

    After the implementation of these measures, to a certain extent, the cotton price inflation has been checked.


    Shandong, Jiangsu, Zhejiang and other provinces are also paying close attention to the operation of textile enterprises. The local economic departments have come to coordinate the cotton producing areas and do everything possible to save the cotton spinning enterprises.


    Stabilizing prices is an urgent task for macroeconomic regulation and control at present and in the future.

    Central economy

    work

    The meeting stressed that "putting the overall level of stable prices in a more prominent position."


    Some industry sources said that the information disclosed at this conference is a great benefit for stabilizing cotton prices next year.

    But Wang Agen, President of the Wujin Textile Industry Association of Changzhou City, Jiangsu, also suggested: starting from the source, giving guaranteed purchase price to cotton growers, and giving full play to the enthusiasm of cotton growers.

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