Cotton Prices Have Hurt The Entire Textile Industry Chain.

from Zheng cotton price According to the index, around 33000 yuan per ton before and after the Spring Festival this year, it has dropped to 20000 yuan before and after the national day, or nearly 40%.

　　 cotton spinning The enterprise is more bitter. Last cotton year, cotton price has hit the highest level due to the reduction of production and the decline of the quality of new cotton.

As a result, cotton enterprises in the middle link have seen more collectives, and hoarding cotton has become a common practice. terminal Spin The enterprise suffered greatly, and finally it was difficult to bear the burden of high price, and began to adjust its structure with polyester cotton or other fibers instead of pure cotton.

All kinds of structural adjustment measures of textile enterprises made the cotton price started a big drop after the Spring Festival.

According to the import and export data released last Thursday, the export volume of textile and clothing has declined for two consecutive months, and external demand is insufficient. Downstream polyester polyester market sales slump, prices plummet.

Terminal textile demand is always weak and is affecting the upstream industry.

Looking at the recent two years of the cotton market, the tremendous ups and downs, leaving us more painful lessons.

To recall the pain, the cotton industry chain, especially the cotton enterprises as the middle link, should make a deep conclusion. We must look at the world with a macro perspective, respect the economic laws, and not just focus on the fundamentals of cotton varieties.