Home >

Cotton Prices Are "&Nbsp"; Several People Are Unhappy.

2011/5/20 15:43:00 70

In May 18th, workers in a textile enterprise in Zhuji, Zhejiang province put cotton into the raw material pool.

Cotton prices rose sharply in 2010, but since late February of this year, domestic cotton prices have fallen by about 30%.

The main contract of Zhengzhou Cotton Futures (zhengmian 1109) closed at 25410 yuan / ton in May 13th, while the price in mid February reached 34 thousand and 800 yuan / ton, less than 30% in less than 3 months.

Some cotton farmers who did not sell cotton in a timely manner suffered heavy losses.

Spinning enterprise

Generally, cotton will be hoarded for more than 3 months to ensure the supply of raw materials, and the price of cotton yarn will drop as cotton prices drop. Because of rapid price changes and large drop in prices, many customers will have fewer purchases and less stock.

from

Cotton yarn Enterprises

After "going out", cotton embarked on the second "journey" and entered the warehouse of cotton yarn dealers.

A cotton yarn operator of the tribute satin Market in Zhuji, Zhejiang, told reporters that they had been buying from Shandong after several days selling in Zhuji, and the price had already been cut down.

The cotton yarn sold from the cotton yarn distributor is distributed through the tribute Satin operator.

Order

And to the looms.

Looms owners earn only processing fees, which have little to do with the rise or fall of raw materials, but only those who receive orders and do not engage in processing and manufacturing are at stake.

Zhang Laiying, manager of the market of tribute satin Market in Zhuji, Zhejiang, said: "the price of raw materials has fallen sharply this year, but the price of the order has not fallen so much as the price of cotton and cotton yarn, and the price of some orders is even unchanged.

In this dramatic change of cotton prices, it is not only cotton farmers but also every link from cotton to textile products.

Far sighted people have tightened the nerve of "risk awareness", hoping to establish a mutually beneficial and mutually beneficial relationship in the stabilization of cotton prices and achieve long-term development.