Cotton Prices Plummeted, Cotton Is Backlog, But Clothes Are Not Cheap.

Shandong, January

The price was 19 thousand and 500 yuan / ton, when the price fell to 19 thousand yuan / ton in May, and the price now is 18 thousand and 500 yuan / ton, a new low in two years.

Cotton prices are sluggish, cotton hoarding traders live on the same day, and the most direct loss is more than 100 million yuan.

Surprisingly, the prices of downstream cotton fabrics remain high.

The demand for cotton goods is coming up.

Cotton and cotton weaving

There is no price reduction in price compared with previous years.

How did this happen? It is reported that the increase in labor costs and other costs, according to the cost ratio of textile products, is greater than the reduction in the cost of raw materials. In fact, suppliers are also having a hard time.

Cotton is overloaded and warehouse is full.

Recently, the reporter came to the place where a storage store was located. Jia Shaobin, the general manager of Shandong Dongfang International Trade Limited by Share Ltd in the bonded area, called on the staff with a large circle of keys, opened the heavy warehouse door by one by one.

When entering the library, a strange and strong pungent smell almost smoked the reporters. But the strange smell made the reporters more surprised that every huge warehouse, which was compressed into large squares, was stacked up to three meters tall. It would be filled with the top of the storehouse. The staff explained that the smell was due to the sweet ingredient in the cotton, which was caused by fermentation for a long time and mixed with the dust in the cotton.

Jia Shaobin told reporters, "our company has 5 warehouses, storage capacity can reach more than 20 thousand tons, and now every warehouse is full, and dozens of customers are queuing up for storage."

Like the eastern China World Trade Center, in the Huangdao customs bonded warehouse monitoring room, every cotton warehouse is full of cotton, and the bonded warehouse of cotton has also increased from 3 to 7.

According to the introduction, some customers are not anxious to put goods in Jiaonan, Jiaozhou, or even Zibo and Weifang. Not only the cost of land pportation has increased greatly, but the key is that customers are more inconvenient to see goods.

"Conservatively, there are about 500 thousand tons of cotton in Huangdao port area."

And the situation of this kind of cotton storage is not only in Qingdao, but this year, the domestic cotton inventory is becoming more and more serious.

Quotation

Hoarding goods, loss of 100 million yuan

"All the losses! Now let's see who has the ability to lose a little bit and hold it longer."

In the bonded area, a small trader, Lee manager, looked back at the 1000 tons of cotton in front of him. He said that his cotton had been stowing in the Treasury for half a year. "I knew the price was about 20 thousand yuan / ton at that time. According to the current price, if the shipment is going to lose 2000 yuan per ton, then I would have to pay 2 million for the 1000 tons of cotton that I had laboriously bought, and this pattern should continue to fall."

But let Lao Li have no choice but to continue to wait for lack of quotas.

Jia Shaobin told reporters that, like Lao Li, the size of the 1000 tons is relatively small, in his warehouse, half a year's overstock of cotton is everywhere, the longest storage time has been more than a year.

One is engaged in

After 5 years of business, people who do not want to disclose their names say that no one has done away with Cotton Traders this year. Anyone who wants to lose money is more or less a problem.

There are about 200 cotton trade businesses in Qingdao, of which about 10000 tons are stockpiling, accounting for about 8, and tens of millions of dollars have been lost.

When cotton prices fell to 120 or 100 cents last year, some people thought they were the lowest and went crazy.

Many large companies, such as Nanyang, have goods arriving in Hong Kong every day.

Later, all the way down to 70 cents, large companies with quotas could only sell in tears, but companies without quotas could not get rid of the quagmire.

This year, I am afraid 99% of the people can not imagine that the cotton that originally thought to enter the era of high price has started to overturn rapidly this year, almost making everyone fooled.

An industry insider said that an enterprise in Ningbo had invested part of its capital in the cotton industry in 2008. In 2009 and 2010, the market was also good. It made a profit of more than 200 million yuan and felt that the business was very good. It entered into about 300 thousand tons of goods, with a conservative estimate of over 100 million yuan.

Want to copy the bottom, be locked up

"Cotton prices this year from the peak of 2011 to 33 thousand yuan per ton, to international cotton futures 14 thousand yuan per ton.

(plus tariffs and quotas and so on, the domestic price 19 thousand) is almost halved. Even in a stable period, the average price of 20 thousand yuan per ton of cotton traders is 3000 yuan, up to 5000 yuan, which is not counting the financial cost of warehousing costs and interest on loans of 1.5 yuan per ton. In this way, some importers and traders are faced with life and death.

Xin Yong yuan, general manager of international trade company Han Ronghua said.

"In the past two years, I don't want to touch cotton anymore."

Mr. Zhang, who recently studied futures, was very upset. He made a mistake in estimating the cotton market. He almost lost the money he made in futures. "In May, I found that the price of cotton varieties that had never been touched fell from 20 thousand yuan to 19 thousand yuan. According to my analysis, it should be the lowest point. After a few days, it should rebound and buy more."

As a result, let Lao Zhang do not think that the price is still falling all the way down, plus 5 times leverage effect, and the 7 10 trading days, nearly one million easy has become a bubble.

General manager of Galaxy futures Qingdao business department, said that the cotton business was very heartbeat some time ago, because the state issued a price of 19800 yuan / ton.

In May, cotton suddenly began to plummet. At this time, many people who had never made cotton varieties bought near the bargain. They thought that there was no doubt that there was no problem in the state's purchase and storage of the price, but the price was still falling. At this time, many people cut their meat out.

High price of cotton textiles is under investigation.

Han Ronghua said, "the main reason for the large number of cotton imports comes from the misjudgement of many cotton middlemen on the cotton market, behind which is the continuous downturn of the cotton textile enterprises. At present, domestic and foreign cotton sales are not smooth.

On the other hand, there is a continuous supply of goods. On the other hand, there is a lack of import quotas and no customs clearance. Even if the cotton importers want to stop the loss, they will not be able to operate.

The price of cotton fell, and the price of cotton quilts, textiles and cotton fabrics also declined. In the morning of October 18th, the reporter conducted an investigation.

In a shopping mall near Hongkong Middle Road, clothes, quilts and other articles were already on shelves in autumn.

Many citizens are surrounded.

Pick up autumn clothes.

Reporters at the scene saw that the price of 100% cotton long sleeved clothes was over 100 yuan.

For quilts, the price of a single bed quilt is 300 yuan or more than 200 yuan, but not pure cotton.

"Why is the price of quilts so expensive this year?" "like last year, it did not fall, nor did it rise."

"These days are activities. After this time, if we buy them again, the price will be even higher."

Mr. Guo, who is choosing long sleeved clothes, told reporters, "look at the promotion price.

These days are cold, they are selling season, and prices will definitely not fall. "

Subsequently, the reporter came to a large shopping mall in Ningxia road.

The price of pure cotton 4 piece sets is about 900 yuan, and the price is high.

While the pure cotton clothes are promoting sales, the reporters visited a circle and found that the clothes with slightly better quality were not cheap, all above 100 yuan.

Analysis of artificial costs increases suppliers' distress

Cotton prices have been falling. Why are the prices of downstream cotton still strong? For this, the reporter interviewed Mr. Zhang, a supplier of clothing business in Qingdao.

"Cotton is raw material, but not the only one.

Clothes and quilts also need other raw materials.

The actual situation is that only cotton prices fell this year, and prices of other raw materials did not fall.

The most important thing is that the cost of labor has risen sharply. "

Mr. Zhang told reporters, "textile and garment enterprises are not in a good mood this year.

Many well-known brands are also struggling. "

Sun Liwu, an information cotton analyst at Zhuo Chuang, has his own opinion. He told reporters that according to the cost ratio of textile products, the increase in labor and other costs is greater than the cost reduction caused by the decline in raw materials. In fact, suppliers are also having a hard time.

Plus many businesses are taking the brand line, including sales channels, supermarket rental costs and so on, so the cost of clothing is naturally difficult to fall.

"Despite the downturn in the cotton market in mid 6 months, the declines have slowed to a certain extent, and with the stimulus of the relevant national regulatory policies and the coming of the new year's storage and purchase plan, the cotton market will rebound slightly, but in the background of the difficult recovery of the downstream terminal industry, the cotton market is still facing a greater risk of shock."

"After the first quarter, the end of the national purchase and storage, the level of supply and demand of cotton market has increased, and under the pressure of bad profits, cotton prices have continuously hit a new low of 2010~2011, and the market sentiment and participation have dropped sharply, of which the decline in cotton prices in May is more obvious.

As a downstream cotton textile enterprise, it is also afraid to hoard cotton, the demand is indeed very low.

This year, it is very difficult to lower the price of downstream products.

The lowest point of cotton prices has passed, and now it is very low, but there is no mass reduction.