Cotton Prices Fell From "Cotton Palm" To "Cotton Set".

Although yesterday (August 24th)

Cotton yarn more than 40 thousand yuan per ton has become a floating cloud.

In August 23rd, the reporter came to the East Zhejiang Textile City in Jiangbei, Ningbo, which seemed to be quite calm. Only more than 3000 tons of cotton yarn lying in the warehouse seemed to tell a story of a once crazy cotton yarn fluctuation.

In the office of Lv Chun, general manager of the market, the reporter chatted with him about the origin of the roller coaster market of cotton and cotton yarn.

He told reporters that in September of last year, China's cotton prices rose steadily, from 18000 yuan per ton to soar, breaking through the 30000 yuan pass, the highest price even reached 34000 yuan, or nearly 90%, was dubbed "cotton palm" by people.

This directly led to the soaring price of cotton yarn. Before and after the Spring Festival this year, the main varieties were 32 yuan and 48 thousand yuan per ton, and still lingered at 40 thousand yuan per ton by May.

Unexpectedly, not long, the cotton yarn price high diving, all the way down, until yesterday, each ton has dropped to nearly 10 thousand yuan.

Time seems to pass through this spring again. According to the reporter, at that time, more than 80 operators in the market, many business households trying to eat into cotton yarn, desperately catch up, some Futures Company market analysts, also rushed to come here, lobbying around the market, think the market is still far away from the peak.

In fact, some business households are already in a panic.

Yesterday, in the market, a large cotton yarn operator who did not want to be named told reporters that at that time, when watching cotton yarn a price per day, although he was smiling, his heart was very afraid, and he was afraid of diving.

Unexpectedly, cotton prices began to enter the inflection point from the beginning of March this year, and after some days, they really jumped.

Yesterday, reporters learned that in the Yongcheng City, high prices of cotton were not only operating households, but also some cotton spinning enterprises and garment factories.

Who is the "pushing hand" of frenzied cotton prices?

Cotton is raising waves in less than a year, is it a sharp increase in clothing consumption?

Actually, it is not. According to the reporter, the price of cotton roller coaster is related to a lot of hot money and cotton futures.

In this regard, Shu Zhifeng, deputy general manager of Zhejiang Yongan futures Ningbo business department, is still fresh in memory. Yesterday, he told reporters that in August 8th, China's cotton price index had dropped to 19635 yuan / ton, a drop of nearly 40% compared to the 31000 yuan / ton of March of this round of cotton price peak.

At the beginning of this year, as a result of inflation expectations and the impact of property regulation, a large number of hot money into cotton futures, many of which are the main force in Jiangsu and Zhejiang, the hot money is extremely fast, but the good news is not long. When the State implements cotton price macro-control and once again clearly cotton government protection base price is 19800 yuan per ton, cotton futures prices are falling fast.

It was not unusual to drop hundreds of dollars a day.

At present, the purchase and storage of new cotton will start. Where will the cotton market go?

Retail price of clothing has not synchronized diving

Will the price of cotton and cotton yarn plunge down to the retail price of clothing in Yongcheng, will it also fluctuate downward?

According to the press survey, clothing prices in many department stores and clothing markets are still in their own way, with no signs of obvious decline.

Yesterday, the reporter met the money manager who always knew the market and liked to add new clothes to the fashion department. She told reporters that the price of cotton and cotton yarn was diving. For the price of clothing, it has little influence at present.

In terms of autumn clothing, the price has not dropped. Only when the store is promoting sales, the discount is larger.

It is hard to say whether it will affect the winter dress.

Mr. Shen, who owns 3 women's clothing brands and has many clothing stores, told reporters that nowadays, the main body of clothing consumption is young and middle-aged women. What they value more is clothing design and brand awareness.

Unlike the "red skirt" on the street, manufacturers and businesses share a large proportion of clothing pricing, style design and brand and process innovation, and their fabric components are diverse.

Therefore, the price jump of cotton and cotton yarn has little effect on the retail price of clothing, but the pricing of cotton underwear and cotton can be affected.