Textile Industry: Industry Downturn, Cotton Prices Lower

Now we are in the cotton harvest season.

It has attracted wide attention.

How is the cotton market this year? Can Jingzhou cotton farmers increase their income? Jingzhou's

What is the impact of cotton prices? Today, the reporter conducted an investigation.

After two successive days of fine weather, the cotton bolls in the cotton field exploded a lot. The old two of Jane auxiliary in Hongshan village, cen he town of Sha City, began picking cotton early this morning.

Last year's cotton market fluctuated, and the old two families picked up 6 acres of cotton fields that they had earned. They sold a total of 18 thousand yuan, and the cost was 4 yuan or 5 thousand yuan.

This year, cotton purchase price is low, cotton production is no better than last year.

Xiong Changlin, general manager of Hubei Baiyin West Lake cotton industry company, said that the cotton reserve company of China recently set a price of 20400 yuan per ton for cotton in 2012, an increase of 600 yuan over 19 thousand and 800 yuan per ton last year.

Xiong Changlin said that by August this year,

Up to 5 million tons, and this year's new cotton market is expected to have another 7 million tons in storage.

Because of the sluggish textile industry, cotton consumption is expected to be around 6 million tons this year.

In addition, the major cotton producing countries in last year had a bumper harvest. The supply of cotton has been seriously unbalanced, and the possibility of cotton prices going down is very great.

Jingzhou Rong he textile today is 1 per ton.

The price of 850 thousand yuan went into a cart of cotton, compared with last year's cotton price of 20 thousand to 30 thousand per ton, but as a cotton spinning enterprise, Rong he textile was not happy.

This year, the cotton yarn market is suddenly cold, and the shuttle yarn has dropped to 20 thousand yuan per ton, compared with 44 thousand yuan at the highest time last year.

At present, the international cotton price is only about 14 thousand yuan per ton, and the huge price difference of cotton cost has made China's anti textile industry enter the cold winter period of industrial development.