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Is Cotton Tragedy Going To Repeat Itself In China'S Cotton Industry?

2011/6/8 15:30:00 92

Cotton Tragedy Cotton Enterprises

   In history, there have been many scenes of astonishing acquaintance. After seven years, cotton has once again begun the prelude to no war of gunpowder.


A review of this spring to the present. Cotton price All the way up, close to 34500 yuan per ton, until the end of the month, it only slowed down to about 30000 yuan / ton, until now, the rational return to 28000 yuan / ton, but the cotton spot market is not keen to pursue it. This year, after the fifteen month of the first month, Xiao Yang rejuvenated this year, but the textile industry has seen more goods and less turnover. The price is on the high side, the labor cost is rising, the RMB exchange rate is rising every day, and the textile enterprises are afraid to pick up large orders, only to maintain the vitality of the small and medium-sized products, hoping that the downstream products will continue to rise in price. However, the downstream products are dyspepsia, and most of the textiles have not crossed the red line in the first half of this year. Trend: just after the Spring Festival, cotton futures prices are under the influence of the periphery. The expectations of cotton enterprises have been hot in their minds for months. Most of them think that cotton is so much higher than real estate cotton. The textile mills do not have food. The cotton enterprises in their hands are hoarding, playing the game of cats always consuming rats. In the early March, cotton futures and matching cotton prices increased 30000 yuan / ton ~34000 yuan / ton arbitrage.


3.11 after the Japanese earthquake, the Chinese seem to have lost their bearings. Most of them believe: National cotton reserves In the first half of this year, I did not play. Now it's my watch. The cotton price will rise, the 3 level of the public inspection. lint Less than 30 thousand yuan / ton not to sell. When I was doing research in the cotton belt along the Yangtze River in mid March, I found that at least 600 tons or more of small factories were at least 80 tons. However, there were accidents in the world. The escalation of nuclear accidents and the escalation of war in the small Japanese earthquake caused the international oil and gold prices to rise all the way, and the inflation rate of our country increased further. Many textile mills had to take measures such as stopping production, limiting production, pressing the ingot, and transferring some production, so as to avoid the risk of a new round of high oil price and high cotton price. Those who have experienced the baptism of cotton in 2003 will never forget: a sharp drop in inflation. Will cotton in the first half of this year be a replica of the cotton slump in the first half of 2004? Textile enterprises holding the plan for temporary storage and purchase in 2011 issued by the development and Reform Commission seems to have seen a glimmer of dawn. National policies are protecting two sides (protecting the interests of cotton farmers and protecting textile exports), and pressing the middle (cotton purchasing processing enterprises). This invisible big net is firmly regulating the cotton price in the affordable range, and no one can resist it.


When the tide hits the sand, who will make quick gains, who will get away with it. Instead, he will only wait and struggle and groan. I would like to advise one more thing: the cotton enterprises who are ready to make further efforts after July are waiting for nothing. But do not want to see the 2003 cotton tragedy in China's cotton enterprises replay.

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