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Cotton Prices Drop Sharply &Nbsp; Clothing Orders Slow Down

2011/5/12 13:30:00 84

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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.

Cotton yarn

The factory came to order, overloaded many lint, and estimated that many of the lint processing plants would not be able to support and collapse.

Cotton price

In November 11th last year, it plunged sharply to the top of the price of 31235 yuan / ton, and then plunged to 26 thousand yuan / ton. It began to pick up gradually in December. After returning to 30 thousand yuan / ton mark in March this year, it dropped again, and now it falls to 27 thousand yuan / ton.

At present, clothing orders have slowed down and cotton prices have dropped sharply.

In the second half of this year, the trend of garment export market is very uncertain.

Downstream textile and garment enterprises hope that raw materials will not flourish in the market.

Purchase

Costs 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 the domestic market consumption of clothing has not changed much, but the demand for the international market has slowed down significantly. Last year, the number of export garments increased by 10%~15%, while the growth rate of export clothing in the first quarter of this year was less than 5%, and the second half of this year may continue to slow down.

At present, cotton prices have been callback, but the cost pressures of enterprises have not been lightened. Labor costs and RMB appreciation have prompted domestic garment enterprises to increase export quotas, which may lead to the pfer of part of international orders.