Cotton Rose &Nbsp; Textile Stocks Benefited.

Stepping into the 2011, facing the inflation era, the first is the rise in house prices, followed by the rise in commodity prices and the rise in cotton prices.

Last year

According to data from the Zhongshan inspection and Quarantine Bureau, 8 batches of cotton were imported from Zhongshan last year, weighing 3936 tons, and the total value of the goods was 6 million 797 thousand dollars.

The batches, weight and value of goods increased by 100%, 99.5% and 180% respectively.

Cotton prices rise in the mainland

The rise of cotton imports in Zhongshan stems from the shortage of cotton in the mainland.

Owing to the heavy rain and snow weather in Xinjiang, Yancheng and other provinces and cities in the main cotton growing areas in the mainland last year, cotton production was greatly reduced, and domestic cotton was in short supply.

The import and export experts of Zhongshan inspection and Quarantine Bureau said that the supply gap of cotton in the mainland increased, and the state's quota approval for imported cotton would be adjusted accordingly to ensure the needs and interests of cotton enterprises in the mainland. This is the main reason for the significant increase in cotton imports.

It is precisely because supply exceeds demand, which has led to a surge in cotton prices in the mainland.