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Now Cotton Prices Have Gone Up Again.

2011/3/9 9:11:00 65

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Cotton prices soared to $31300 a tonne in November last year, and fell rapidly with the pressure of state regulation. Now cotton prices have gone back again.

Compared with previous years,

draper

Or clothing processing enterprises, are facing a sharp reduction in orders.

Market participants expect cotton prices to rise in the second half of next year.

Cotton price was 31241 yuan / ton yesterday.

At this time last year, the price of cotton was only 15200 yuan per ton, and now it has more than doubled.

Cotton prices have been rising since the start of last year, but the initial gains were moderate.

But after last September, cotton prices rose like crazy bison.

China's cotton price index, which is an important indicator of cotton price, has risen from 18000 yuan per ton in early September to 31302 yuan per ton in November 11th.

The seven departments of the national development and Reform Commission, the Ministry of agriculture and the Ministry of Railways immediately issued the notice and put forward 6 measures to maintain the current order of the cotton market.

Cotton prices fell immediately.

But it didn't take long for cotton prices to rise again.

Yesterday, the cotton price index has reached 31241 yuan per ton, returning to the highest peak of last year.

Other chemical fiber, yarn and other products also rise along the cotton price track.

"It will definitely continue to rise. I don't know when it will go up."

Humen international cloth Market Qingfeng cloth boss Tang Liying has some helplessness.

It is widely believed that cotton prices continue to rise with the world.

supply and demand

Imbalance is related to investment speculation.

It is understood that last year, the world's major cotton producing countries suffered natural disasters, cotton production was reduced, demand exceeds supply, coupled with the speculation of idle funds, pushing up cotton prices together.

Liu Cheng, an analyst at the China Business Productivity Promotion Center, said that the new cotton in China will not be planted until April, and will be harvested in 9 and October.

Cotton prices will only cool down this autumn after the new cotton goes public.

However, although the new cotton planting area is expanding, it is difficult to predict whether it will be affected by the weather and then reduce production, so it is not appropriate to be too optimistic.

Market sentiment is thicker.

"Affected by cotton prices, cloth is rising, wages are rising and production costs are rising."

stay

Yami dress

In the eyes of development company boss Guo Zhengzhong, everything is going up.

As a typical garment foundry enterprise, he had to increase the price of OEM, which rose by 10%-20%, but far behind the cost increase, because customers could not accept too much.

The profit is squeezing, and the order is also shrinking.

According to Guo Zhengzhong, a lot of customers are making imitation copies. They produce small quantities first. If they sell well and replenish the goods, but because they worry that the fabric prices will rise too fast, when the customers are afraid to make up the bill, the price of cloth has gone up without profit, so the willingness to place orders is not very strong at present.

Compared with normal years, orders have been reduced by at least half.

In addition, Guo Zhengzhong found that because of unstable orders and unstable factory production, the workers' minds were somewhat flickering.

As a fabric distributor, Tang Liying felt the same way.

Although the price of cotton is rising, cloth prices are appropriately raised. "Customers can understand that, and they know that they are generally rising now."

But profits are also squeezing compared to before.

"No price can be borne by any price increases."

Because of the low customer orders, the number of customers who came to him was less, and he estimated that sales dropped by four or five compared to last year.