Ten Thousand Tons Of Lint Are Unsalable, And More Than 30 Cotton Traders In Jiujiang Lose Nearly 100 Million Yuan.

In July 12th, we learned from the Jiujiang price monitoring bureau. Jiujiang There are more than 30 large and small Zha Hua factories in Pengze County, the largest cotton producing county. Since September of last year, cotton prices have gone up and down like roller coaster, causing most cotton producers to lose money, with an average loss of about 3 million yuan per household, and 10000 tons. lint Unsalable, the industry lost nearly 100 million yuan.

According to the analysis of the industry, the main reason for the sudden rise and fall of lint cotton is that when the price of lint rose last year, the cost of downstream textile raw materials increased, and the cotton price fell and then tightened. Textile enterprises, especially small and medium-sized enterprises, were short of funds, which directly inhibited the demand for downstream links.

Besides, some network The information has misled many cotton traders. The price of lint on some trading websites has reached 34000 yuan / ton, while the actual transaction price is only 32000 yuan / ton, causing cotton traders to buy cotton seeds at a high price and suddenly falling prices after processing.