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Cotton Prices Fell Below The National Purchasing And Storage Price Of &Nbsp; Weaving Children'S Clothing Enterprises Relaxed.

2011/8/10 19:10:00 40

Cotton Prices Fall Below The National Reserve Price

On the 8 day, the lowest price of Xinjiang pine inspection grade three cotton was around 19800 yuan / ton, while a few days ago, the 328 price of main cotton was quoted at 19716 yuan / ton, and the national purchasing and storage price below 19800 yuan / ton fell by nearly 1/3 compared with the highest level in March this year.

Huzhou's weaving children's clothing company has a sigh of relief.


  

New cotton

Inventory pressure on upcoming Enterprises


In March this year, cotton prices remained at a high level of 33 thousand yuan / ton, and then fell all the way.

"New cotton is coming to market in September, and the inventory pressure of cotton enterprises and cotton yarn enterprises is very great."


8, the whole country

cotton

In the trading market, the electronic matchmaking of commodity cotton reached 6460 tons, 13920 tons less than the previous day, and the order quantity reduced by 1020 tons.


Mr. Chen, director of sales of a cotton yarn enterprise in Dezhou, Shandong, said that because cotton prices continue to fall, cotton companies have to make shipments as long as there are quotations from textile mills. Banks in some areas begin to auction and pledge cotton, which is lower than the market price and brings a great impact to the spot market.


"Now cotton enterprises and yarn enterprises generally sell mentality in exchange for funds.

However, the current price is close to the bottom of the market and has fallen below the national reserve price.

Ding Shunjie said.


The price of cotton fabric has dropped, and children's clothing enterprises have breathed a sigh of relief.


Cotton prices fell sharply in Huzhou Zhili.

Children's wear

The company feels the most.


"In the first half of the year, the price of one meter cotton cloth in the fabric market is around 25 yuan, and now it has dropped to 20 yuan / meter."

Zhang Xiaoping, head of Huzhou Xia Shi Garments Co. Ltd., said that 70% of the children's clothing, especially infant clothing, was made of pure cotton fabric.


"Children's wear in two grade

market

Wholesale mainly, wholesale profits of a garment generally around 8 yuan.

In the various costs of children's clothing, excluding labor costs, the bulk is the cost of raw materials.


Since the beginning of last year, domestic cotton prices have risen all the way, and the cost of fabrics has risen and gone up again.

In the first half of this year, the purchase price of ordinary cotton fabrics in Huzhou rose to nearly 30 yuan per meter.

Huzhou Zhili children's clothing enterprises have to reduce the risk of rising prices of raw materials by raising prices.


Chen, the head of a textile enterprise in Shaoxing, said that because of the rising cotton prices in recent years, many textile mills in Shaoxing were forced to abandon cotton and converted to chemical fiber.

However, the use of chemical fiber and found that sales are also good, "many guests prefer to choose cheap chemical fiber fabrics."


Mr. Xu, director of Hangzhou Long Jin Garments Co., Ltd. believes that the proportion of raw materials in the total cost of products is relatively high for underwear enterprises and foreign trade enterprises with relatively large amount of cotton, which may affect the terminal price, but has little impact on the high-end clothing brands.

"Pure cotton clothing is difficult to make. For most brand clothing enterprises, only a small part of the clothing or coat will be used for blending cotton material, the other is mainly polyester or chemical fiber."

Mr. Xu said, compared to raw material costs, labor costs are more obvious to enterprises.

Last year, the price of autumn and winter clothing of the brocade dress was raised by about 30%. "The labor cost has increased by more than 50% every year, and the number of individual jobs has doubled."


 

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Cotton Prices Fell Below The National Purchasing And Storage Price Of &Nbsp; Weaving Children'S Clothing Enterprises Relaxed.

On the 8 day, the lowest price of Xinjiang pine inspection grade three cotton was around 19800 yuan / ton, while a few days ago, the 328 price of main cotton was quoted at 19716 yuan / ton, and the national purchasing and storage price below 19800 yuan / ton fell by nearly 1/3 compared with the highest level in March this year. Huzhou's weaving children's clothing company has a sigh of relief.