Henan Cotton Price To Stop And Textile Enterprises To Survive

With the falling price of seed cotton, the cotton farmers' reluctant to sell mood increased in our province. Expect The value is 5 yuan / Jin, or less than 4 yuan per catty, so that cotton farmers can get the price. Sell cotton The will is gradually dropping.

As a cotton purchasing company, the price of lint has declined, which makes them have to reduce. Unginned cotton Price. According to the present situation, as cotton growers reluctant to sell, lint fell to 18000 yuan / ton (4 grade mainland cotton), coupled with the limited production and purchase intention of textile enterprises, resulting in a dilemma. At present, the acquisition work in our province has basically stagnated, even though the amount of cotton purchased in the early stage is also very small. Because of the bad textile situation, the cotton that has not been sold before has already lost money.

Although the country has started to import lint into the stock market and the market price of cotton has temporarily stopped, the spot price of the market and the storage price of 19800 yuan / ton still can not avoid the loss of cotton enterprises. However, there is no better solution for cotton enterprises at present. Therefore, whether it is locally purchased lint or imported cotton, the best choice is to store.

Judging from the trend of the cotton price market in recent years, the state's entry and storage policy has really played a role in the underpinning of cotton prices. The price of Xinjiang grade 329 lint to our province has started to stop at about 20500 yuan / ton. Recently, the price of 21000 yuan / ton has appeared in the market, and the 4 grade leather cotton in the mainland has also stayed at about 18200 yuan / ton.

However, the drop in cotton prices did not bring benefits to the textile enterprises, the slumping sales of cotton yarn and the sharp fall in prices, which resulted in a big contrast with the fall in cotton prices, which made the losses of textile enterprises increasing. Some textile enterprises began a new round of production restriction, half of them were restricted in production, and even 2/3 of the Enterprises Limited production. Even though some enterprises maintained normal production, they were also at the edge of losses.