Home >

Cotton Prices Fell &Nbsp; Cotton Enterprises Are Still Going To Stock Clothing Prices Are Still Very Strong.

2011/9/19 9:21:00 57

Cotton Prices Cotton Enterprises Stock Prices Are Strong

Heard this year

Cotton price

Compared with last year's news, Yao Lan, who was doing wholesale clothing business in Sijiqing, was surprised.

She just went to a clothing factory yesterday to make 1000 cotton coats, the wholesale price is 55 yuan / pieces, 10 yuan more than the same period last year.

It is reasonable to say that as the price of cotton as raw material falls, the cost of cotton padded clothes will also drop. Why not rise or fall?

This year, cotton futures prices have been in a downward channel.

Cotton futures contract CF1111 fell from 31625 yuan / ton in February this year to 19960 yuan / ton in early August. It closed at 20670 yuan / ton yesterday, and a 34.6% decline in half a year.

As the downstream product of cotton, the price of cotton yarn has dropped by more than 30%.

According to the data provided by Dezhou Cotton Industry Association, in August, the mainstream price of 21 pure cotton yarn was around 25800 yuan / ton, 32 cotton yarn at 27000 yuan / ton, and 40 cotton yarn at 28400 yuan / ton, all of which fell 1400 yuan / ton compared with the beginning of the month, which was 13000 yuan / ton lower than the highest price at the beginning of March this year.

"The price of cotton yarn is indeed reduced this year, but our factory still uses the cotton stored at the end of last year. According to the present price, it will cost 7 yuan to make a piece of clothing."

Mr. Feng runs a family in Shaoxing.

Spin

He said he was also the victim of high price cotton last year. Last year, when cotton prices rose at a price every day, they used productive capital to store enough cotton for two years.

Who knows cotton yarn has not yet arrived in the factory, cotton prices began to turn down.

"Spinning cotton cloth is not enough.

Cost of cotton yarn

If you lose a few yuan for a metre, you don't sell it next month, and you don't know when it's going to fall. It's really hard.

Mr. Feng said that the consumption of these high priced cotton would be better than that in the factory.

Mr Fung said that as the basic raw material of the textile industry, cotton prices have lagged effect. Since last year, besides the cotton, wages, marketing and other expenses have also increased a lot, which makes the factory's factory price not falling down.

A garment company mainly engaged in export trade in Zhuji has encountered embarrassment in making money this year.

"Now the list is available, but we dare not take it. Look at the trend of cotton."

The manager of the enterprise, Xie manager, told reporters that the general profit margin of clothing foreign trade orders is now around 5%. If the cotton price fluctuates again, plus the appreciation of the renminbi, it may lose money.

According to the latest data from China Customs General Administration, China was in the first half of August this year.

Textiles and garments

The total export volume was $163 billion 163 million, an increase of 26% over the same period last year.

However, in August this year, China's textile and apparel exports were 25 billion 451 million US dollars, down 2.51% from July, and clothing exports began to show signs of decline.