Cotton Prices Fluctuate &Nbsp In 2011; Cotton Textile Enterprises Will Slow Down Next Year.

2011/11/2 9:08:00 10

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PTA and cotton are the two major futures commodities in China. In domestic textile raw materials, cotton and chemical fiber account for about 90%90%90%90% of the total, while polyester in chemical fiber accounts for about 80%80%80%80%.

In theory, the amount of consumption is replaced by price changes.

Therefore,

PTA

The relationship between cotton and cotton is mainly achieved through the substitution relationship between PTA downstream polyester staple and cotton.

Cotton harvest in 2011, but cotton prices continued to decline recently, leading to upstream cotton farmers worry about the decline in cotton yields, some cotton farmers even intend to "abandon cotton from grain".

Cotton farmers in Xinjiang, Shandong and other cotton producing areas generally have a reluctant sale mentality.

Many cotton farmers reflect that this year's cotton planting can only be guaranteed.

The main reasons for the low cotton prices are: first, this year.

Global cotton

Output reached 27 million tons, while demand remained stable at about 25 million tons, oversupply of cotton and cotton prices fell sharply and lower than domestic cotton prices; two was domestic cotton harvest, the demand was basically the same as last year, the gap between supply and demand was narrowed; three, the depressed market in Europe and America, the reduction of demand for cotton textiles, the reduction of foreign trade orders, the difficulty in production and operation of textile enterprises, and the difficulty in raising cotton yarn prices; four, the rise in domestic labor costs and raw material costs, the increase in the cost of cotton textiles, the increase in the cost of cotton textiles, and the decline in international competitiveness, and the pfer of foreign trade orders to some low-cost countries in Southeast Asia.

Since the beginning of 2011, China's cotton textile enterprises

Raw material

The price dropped, cotton prices were falling, but clothes shouted slogans.

Behind the abnormal performance, in fact, is the consequence of high cotton hoarding in some enterprises.