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Cotton Prices Fell By &Nbsp; Intra Textile Enterprises Cautiously Looked At The Future Market.

2010/7/23 9:49:00 38

Cotton Price

  

Despite China

cotton

The spot price of cotton announced by the information network dropped to 18297 yuan per ton, but in the face of high cotton prices, many textile enterprises in the territory are still cautious about the market outlook.


"The price of cotton lint at present is basically around 18500 yuan per ton, up 4000-5000 yuan per ton compared with the same period last year, but the increase in cotton yarn and cotton cloth is far from that."

Cao Xin, director of the factory of a state-owned cotton textile factory in Shihezi, told reporters that the cotton yarn and cotton cloth in the factory was mainly sent to Jiangsu and Zhejiang provinces. Due to the rising price of raw materials, the average price of cotton yarn was about 33000 yuan per ton, 5000 yuan per ton compared with the same period last year, and cotton cloth was basically 6 yuan per metre, compared with the same period last year, compared with the same period last year, the price of cotton yarn has increased by 1 yuan.


Cao Xin counted the accounts for reporters, compared with last year.

raw material

Cotton is up by about 30%, and the product is

Gain

Less than 20%, plus pportation, labor and other cost increases, these are squeezing profit margins step by step.


Similarly, Zhao Yang, manager of the raw material cotton purchasing department in Urumqi, is also in a dilemma. "The purchase price is too high and the turnover period of production and sales is about two months. During this period, the market price risk is great. If the goods are not stocking, the production will be broken after the new cotton comes into the market."


Zhao Yang said that the increase in cotton prices has further increased the risk of enterprises, and now the lint supply in Xinjiang is tight. Basically, we must purchase goods from the mainland, so as to eliminate the cost increase caused by the rising price of lint. Compared with the textile enterprises in the mainland, Xinjiang still has pport costs for pporting and pporting cotton wool.

As the cost increases further, the downstream customers do not buy it. Many customers begin to wait and see when the price rises.


In the interview of a number of textile enterprises, the rise in cotton prices is also due to the apparent lack of supply in the market as early as March. Many textile enterprises are trying to "grab raw materials", so the price is getting higher and higher.


For the late trend of cotton prices, a company official said that according to the law of value of market economy, the price of commodities is affected by the supply and demand of the market, fluctuating around the value. When the commodity supply in the market is less than the demand, the commodity price will rise, and the specific increase will depend on the size of the difference between supply and demand.


After all, prices fluctuate more and more with value as the center. The price of raw materials exceeds the value of the commodity itself, and all enterprises have a rare tacit understanding when they buy goods. They are determined not to hoard goods and how much they use.

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