The Environment Is Not Ideal, Which Restricts The Whole Cotton Textile Industry Chain.
Textile business environment is still not ideal, downstream textile enterprises in the three quarter of the volume and price rise has been a good situation, the fourth quarter there are signs of weakness, many gauze prices once again fell to the low point.
And the improved blend and chemical fiber varieties are no longer prosperous, and are in the same vulnerable position as pure cotton varieties, resulting in the lack of hot spots in the market to drive production popularity.
The textile industry, which has a high dependence on foreign trade, has suffered a great impact in the recent crisis in Europe and the United States.
National Reserve foundation, 19800 yuan / ton indeed played a very small supporting role in the recent cotton prices, and even the introduction of this price led the current low price of cotton prices.
The purchase and storage price has certain support for the market, and also has the possibility of forming a stage bottom.
Entering the early October, the price of cotton gauze on the lower reaches began to stabilize, but the short-term bearish willingness was strong. The pessimism of the market mentality may affect its attitude towards raw material stocking. Therefore, cotton stocking this year may lengthen the front line.
The external debt crisis may further affect people's consumption mentality, and further restrict the whole cotton textile industry chain.
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