Cotton Per Month Fell By 4000 Yuan A Ton.
The price of raw materials is up and down. Textile enterprises dare not use cotton fabric.
Last year
Cotton price
Since the beginning of April this year, domestic cotton prices have dropped by 500 yuan / ton on average every three days.
Price
Rapid decline.
The rise and fall of raw material prices has prompted many textile enterprises in Zhejiang to start using.
Cotton content
Relatively low cotton and other cotton blended products such as tapewood cotton instead of pure cotton products, "before the cotton fiber accounts for about 70% of the fabric market, and now accounts for less than 50% of the total."
Mr. Chen, head of a textile enterprise in Shaoxing, said.
According to the data provided by Li Huanqing, editor in chief of Alibaba textile channel, in Shandong Wei Qiao cotton futures market, the price of three lint per ton in April 1st was 28000 yuan / ton, and the quotations in April 20th and 28th were 27500 yuan / ton and 25500 yuan / ton respectively, and in May 5th, they fell to 24000 yuan / ton directly from 25000 yuan / ton.
In a month or so, the price of three ton cotton per ton dropped by 4000 yuan.
Before the crazy rise period, the highest price of grade three lint reached 34000 yuan / ton.
Cotton prices rose rapidly last year, and cotton yarn companies benefited.
But with the decline of cotton prices, the upstream cotton yarn enterprises generally fall into a shortage of huge inventory and capital chain.
Mr. Li, a large cotton yarn enterprise in Dezhou, Shandong, said that last year, the raw materials were tight on the cotton road. Many textile companies in Jiangsu and Zhejiang came to order when ordering.
For example, 40 of the following cotton yarn must reach 15 tons before signing, and 50 cotton yarn, 10 tons.
Cotton has dropped sharply this year, and textile enterprises' purchasing intention has been further reduced. "This year there is hardly a list of more than 5 tons."
Affected by the drop in cotton prices, some large cotton enterprises in Shandong began selling cotton yarns at low prices.
The cotton yarn company, which Mr. Li is located, has been reducing cotton yarn price by 4000 yuan per ton since April 1st.
The biggest local cotton yarn business in April 24th cut prices by 5000 yuan at a time.
Mr. Cheng, a senior analyst at a professional website, said that many cotton yarn Companies in Shandong, Henan and Shaanxi had to shut down because of the sharp fluctuations in the market. "Small businesses with an annual output of less than 50 thousand spindles are almost closed.
Zhejiang's textile enterprises are mostly made of chemical fiber yarn, polyester cotton and other fabrics, so the impact is relatively small.
It may be noticed by careful readers that the clothes of pure cotton fabrics seem to be getting less and less these two years.
In fact, when cotton prices rose all the way last year, cotton blended fabrics, chemical fiber fabrics and new fabrics with strong substitution were welcomed by garment enterprises and home textile enterprises.
Zhu Ming, the head of a foreign trade company in Shanghai, said that a well-known Japanese clothing merchant who had been working together for the first two years purchased fabrics mainly from cotton and polyester blended products. Since last year, the summer clothing series of cotton fabrics (a man-made fiber, less chemical composition and cotton, cheaper than pure cotton yarn fabrics) accounted for over 70%.
In addition to cotton, in China Light Textile City, this year, polyester cotton blended yarn is the main raw material of all kinds of tapeo cotton fabric, chiffon, Dongfeng yarn and other imitation silk fabrics, and polyester filament become the main force of summer women's clothing business.
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