Cotton Prices Play Bungee Jumping, Orders Are Sharply Reduced, Demand Is Not Yet Available.

9088 of the cotton fabric is the most conventional cotton product in the textile market. Last year, the price rose from around 5 yuan per metre to about 10 yuan, making the business owner heartbeat. This year, it has dropped from 8.3 yuan per meter to about 6 yuan.

Mr. Wang, who has been engaged in textile trade for more than 10 years, sighed, "it really makes people palpitate.

The price of cotton fabric 9088 is rising and falling.

Buy or sell, buy, or order.

"Cotton prices have fallen so much that customers are watching too much."

A cotton printing and dyeing enterprise in Binhai Industrial Area mainly produces and sells itself. The person in charge told reporters that the cotton price has dropped down now, the customers who are placing orders are generally like shareholders, and they are not going to catch up or fall. In May, the company's orders fell sharply by 30%.

"Cotton cloth has been overloaded in the warehouse, and cotton prices have fallen so much that the losses have been getting bigger and bigger every day."

Generally speaking, trade textile printing and dyeing enterprises will store up more than 3 months of grey cloth to guarantee.

Faced with the drop in cotton prices, foreign apparel Buyers have responded quickly.

Qian Qing, an export garment company, has recently received the request from us customers to reduce the price of cotton clothing by 3%-5%, and the two sides have reached an agreement.

Cotton prices fell sharply, demand is not yet available.

Mr. Lu has been engaged in the cotton textile trade for many years. After being hit by cotton prices last year, he changed to polyester cotton, nylon cotton and other blended cotton.

"Now the demand for cotton market has shrunk, and the clothing market has been replaced by viscose fibers such as rayon."

Faced with the gradual recovery of cotton prices, Mr. Lu did not consider returning to cotton trade.

Unlike Mr. Lu's business in changing fabrics, Miss Zhang, director of a foreign trade company in Fortune Tower, still insists on running cotton products.

"It is difficult to pick up business when it is rising, and until now, customers will still refuse to place the order."

Miss Zhang told reporters that after the cotton price rose, the customers of her clothing enterprises considered the cost of cotton cloth and abandoned the whole cotton style, so the total fabric purchase volume was reduced by more than half.

At present, cotton prices have plummeted. Demand for cotton cloth at home and abroad has not been shown yet. However, as cotton prices are returning to reason, Miss Zhang thinks that in the dramatic change of cotton prices, the market demand for cotton products has returned to normal.