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    Hubei Textile Price Upside Down In The First Three Quarters

    2011/11/15 13:54:00 8

    Hubei Textile Market

    Reporter recently

    Hubei

    According to the provincial Commission, the first three quarters of this year,

    cotton

    Prices fell sharply, electricity prices were strong, textile prices continued to decline, labor and other production.

    Management

    Rising costs, textile and other industrial products purchase price upside down phenomenon is still obvious.


    According to introduction, the province cotton in September.

    market

    In the doldrums, many enterprises have not entered the stage of substantive acquisition yet. Although the picking progress is better, the purchasing volume is very low, and the enthusiasm of cotton farmers is not high.

    At the end of September, the price of cotton was 20131 yuan / ton, down 4186 yuan / ton compared with the first half of the year; 328 cotton price was 19815 yuan / ton, down 4255 yuan / ton compared with the first half of the year; 429 cotton price was 19138 yuan / ton, compared with the first half of the year, the price fell 3706 yuan / ton compared with the first half of the year; 527 cotton price 527 / ton compared with the first half of the year was down 4468 / ton compared with the first half of the year.

    This year, the price of textile products in Hubei has dropped for 5 consecutive months, due to falling prices of domestic and international cotton fabrics and falling prices of raw materials.

    At the end of the three quarter, the mainstream price of 32S knitting and 40S combed cotton yarn was 27600 yuan / ton, 28700 yuan / ton, down 900 yuan and 7300 yuan respectively, compared with the first half of the year.


    Taking Xiangyang textile as an example, local cotton prices continued to fall rapidly, driving prices of yarn and fabrics and other products to fall, coupled with the appreciation of the renminbi, the shrinking demand for foreign demand, the reduction of orders for spinning enterprises, the increase in inventories and the decline in profits.

    Chemical fiber manufacturing enterprises are affected by short fiber prices and environmental pollution control, industry benefits decline, short fiber loss per ton of four thousand or five thousand yuan.

    Textile and other industries are affected by the sharp rise in the prices of upstream resource products, production costs continue to rise, and the price of factory products rises slowly or even down, and the profit space is continuously compressed.


    It is predicted that under the influence of price regulation and monetary and fiscal policies, the overall level of the price index of industrial products in the later stage tends to decline gradually, but the rising trend of labor and other production and operating costs is hard to change.

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