Textile And Garment Orders Slow, Cotton Prices Slide All The Way

Cotton price has been rushing to a high level of 30 thousand yuan / ton in March this year, and then it slipped along with the buyer's desire to purchase very low.

As a matter of fact, all the lint processing plants are losing. Everyone is worried about falling down and rushing to sell the lint on hand. But there is basically no cotton mill to place the order, and a lot of lint is overloaded. It is estimated that many of the lint processing plants will not be able to support and go bankrupt.

Cotton prices plunged sharply in November 11th last year to the peak of 31235 yuan / ton, and once fell to 26 thousand yuan / ton, rising gradually in December. After returning to 30 thousand yuan / ton mark in March this year, the price dropped again to 27 thousand yuan / ton.

The current order of clothing is slowing down, so that cotton prices will drop sharply.

Downstream textile and garment enterprises hope that when the market is not prosperous, the purchasing cost of raw materials can continue to decline.

At present, the stock of cotton yarn enterprises is generally large, and the purchase of cotton is decreasing, and the demand for downstream garments is also not strong. This is one of the main reasons that affect the cotton price decline this year.

This year's domestic market

At present, cotton prices have been callback, but the cost pressure of enterprises has not lightened at all.