New Cotton Is On The Market For &Nbsp, And Pressure On Enterprise Inventory Is Increasing.
Yesterday, the lowest price of Xinjiang pine inspection grade three cotton was about 19800 yuan / ton, and a few days ago, the main cotton 328 level quoted 19716 yuan / ton, less than 19800 yuan / ton of national purchasing and storage price, compared with the highest level in March this year, it dropped by nearly 1/3.
Huzhou fabric with larger cotton content
Children's clothes
The company breathed a sigh of relief.
New cotton is coming soon. list Enterprise inventory pressure is very big.
In March this year, cotton prices remained at a high level of 33 thousand yuan / ton, and then fell all the way.
"New cotton is coming to market in September, and the inventory pressure of cotton enterprises and cotton yarn enterprises is very great."
Yesterday, the national cotton trade.
market
The electronic matchmaking trade of commodity cotton was 6460 tons, 13920 tons less than the previous day, and the order quantity reduced by 1020 tons.
Mr. Chen, director of sales of a cotton yarn enterprise in Dezhou, Shandong, said that because cotton prices continue to fall, cotton companies have to make shipments as long as there are quotations from textile mills. Banks in some areas begin to auction and pledge cotton, which is lower than the market price and brings a great impact to the spot market.
"Now cotton enterprises and yarn enterprises generally sell mentality in exchange for funds.
However, the current price is close to the bottom of the market and has fallen below the national reserve price.
Ding Shunjie said.
The price of cotton fabric has dropped, and children's clothing enterprises have breathed a sigh of relief.
Cotton prices plummeted, and children's clothing enterprises in Huzhou felt the most.
"In the first half of the year, the price of one meter cotton cloth in the fabric market is around 25 yuan, and now it has dropped to 20 yuan / meter."
Zhang Xiaoping, head of Huzhou Xia Shi Garments Co. Ltd., said that 70% of the children's clothing, especially infant clothing, was made of pure cotton fabric.
"Zhili children's clothing is mainly wholesale in the two level market, and the profit of wholesale clothing is generally around 8 yuan.
In the various costs of children's clothing, excluding labor costs, the bulk is the cost of raw materials.
Since the beginning of last year, domestic cotton prices have risen all the way, and the cost of fabrics has risen and gone up again.
In the first half of this year, the purchase price of ordinary cotton fabrics in Huzhou rose to nearly 30 yuan per meter.
Huzhou Zhili children's clothing enterprises have to reduce the risk of rising prices of raw materials by raising prices.
Chen, the head of a textile enterprise in Shaoxing, said that because of the rising cotton prices in recent years, many textile mills in Shaoxing were forced to abandon cotton and converted to chemical fiber.
However, the use of chemical fiber and found that sales are also good, "many guests prefer to choose cheap chemical fiber fabrics."
Mr. Xu, director of Hangzhou Long Jin Garments Co., Ltd. believes that the proportion of raw materials in the total cost of products is relatively high for underwear enterprises and foreign trade enterprises with relatively large amount of cotton, which may affect the terminal price, but has little impact on the high-end clothing brands.
"Pure cotton clothing is difficult to make. For most brand clothing enterprises, only a small part of the clothing or coat will be used for blending cotton material, the other is mainly polyester or chemical fiber."
Mr. Xu said, compared to raw material costs, labor costs are more obvious to enterprises.
Last year, the price of autumn and winter clothing of the brocade dress was raised by about 30%. "The labor cost has increased by more than 50% every year, and the number of individual jobs has doubled."
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