Cost Pressure On Cotton Prices Fall And Winter Clothes To The Terminal Transfer Price Or Higher

Cost Pressure On Cotton Prices Fall And Winter Clothes To The Terminal Transfer Price Or Higher

Cotton, chemical fiber, etc. Textile Raw material prices soared this year, Quanzhou, textile raw materials prices in the digestion alone brings most of the pressure, began to form through price increases, will shift some of the pressure downstream industry chain Clothing Enterprise. Industry estimates, the high cost of production under the pressure Clothing If companies would inevitably carry not live to raise prices. Transfer to the terminal pressure

cotton prices

Cotton price, bear the brunt of the textile business, but talking about price increases, many textile enterprises in Quanzhou remain cautious. Chen vice president of a textile city frankly, given the number of garment enterprises this year, just exit the troubled circumstances breathed, the substantial increase in cotton and other raw material cost pressures, most of them their own digestion. "From September last year, so far, a ton of cotton rose more than 4000 yuan! Bacheng current production material is cotton, cost pressure surge. As the loading capacity is limited, only a slight price increase immediately to avoid losing money."

"Now is the Fall and winter clothes Production season, the raw materials and labor, under the dual pressures of rising costs, clothing manufacturing costs have increased by 10% of the final cost will be passed to the terminal pressure is expected to fall and winter clothes retail price will rise. "In the garment export trade Zhang Aoyama told reporters that the pressure of rising cotton prices have been part of the conduction through the textile to apparel companies, and now they have increased the export price, both export and domestic markets businesses, faced with increasingly high cost of the plight of price increase would be helpless under the inevitable choice.

Hot money speculation cotton spinning enterprises concerned

"Current cotton prices have risen very high." Chen Deputy that, in addition to supply and demand gap, a number of cotton enterprises reluctant sellers, some enterprises speculation are all important factors leading to higher cotton prices. Look at the price way up, anxious to buy the cotton textile industry, while cotton enterprises cover their reluctant sellers, but the atmosphere was thus more intense, resulting in higher market prices.

Quanzhou many cotton industry are concerned that cotton prices rising the way, the beneficiaries are not farmers, but cotton hot money speculation and speculators. The cotton may be in 2010, another hot market speculation, the same as in 2009 the garlic. "Tight" and "up", often speculative funds seek. From a domestic perspective, this year's cotton acreage has been reduced due to drought and other reasons. And internationally, India from April 19 to suspend the export of cotton; the United States Department of Agriculture has forecast world cotton stocks decreased fait accompli, the U.S. cotton stocks is difficult to stick to the end of the year, need to import large quantities of cotton by domestic stock to fill the gap.

Cotton futures, or to balance the market close

Industry suggested that the state should be changed as soon as possible only from a single spot market practice of purchasing and storage of cotton, while domestic cotton purchasing and storage in the futures market, the pricing function to play this platform, enhance ability to resist risks. At the same time, it should be allowed in the WTO framework, the introduction of more direct measures of domestic support for cotton farmers, such as cotton subsidies included in the scope of the means of production by supporting comprehensive, dynamic adjustment of the minimum purchase price of cotton and so on, try to raise the enthusiasm of farmers planting cotton.

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