Cotton Spinning Gross Profit Fell To 1%&Nbsp; Clothing Market Is Hard To Find Pure Cotton Clothes.

In recent days, the author investigated cotton textile industry chain in Wuhan and found cotton prices this year.

"Cotton clothes don't work well. We haven't done much in autumn and winter."

Wuhan artistry Dini clothing manager Shao told the author.

Yesterday, when I came to Hanzheng Street Dali Street clothing wholesale city, I found that a pure cotton made clothes were hard to find.

Shaw manager explained: "cotton prices fluctuate, cotton spinning enterprises are reluctant to produce, clothing companies have basically changed to chemical fiber clothes."

The business of making cotton products is also very light.

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In Taiyuan Textile City, I saw the retail price of cloth has been reduced.

"The price of cotton cloth dropped to 32 yuan from 38 yuan per kilogram last year, but the sales volume is much lower than that of last year, or even less than 1/4 of the previous period," the manager told the author.

For most cotton spinning enterprises, this winter is hard.

Wuhan Jiangnan textile Limited by Share Ltd responsible person told the author: "now our purchase price is basically below 19000 yuan per ton, but downstream businesses still feel low enough.

The downstream market is bad, and they keep pressing us down.

But in addition to raw materials, no cost is not rising.

Labor costs rose by 2-3, and total cost increased by more than 10%.

The lower quoted price has dropped by 15%, which is enough to make it lose everything.

"This has eaten our profits hard, and the Maori profit of the worst breed is only 1%, which is a loss."

The official said frankly, "about 2-3 of the lists have been cut off, especially the pure cotton products, which we have to refuse.

Last year, the gross profit of the worst products also reached over 15%.

Insiders told the author that cotton products accounted for 7 of the total proportion of cotton textile products and 3 of other chemical fiber fabrics.

But this ratio has been reversed in recent years.

The person in charge told the author: "this year, our raw material procurement quantity, polyester fiber, polyester fabric and other chemical fiber fabrics accounted for more than 7, cotton procurement reduced to 3.

Some small textile enterprises in the field have already stopped production due to gross profit, cash flow and recruitment difficulties.

Wuhan's cotton spinning enterprises have not yet stopped production because of their large scale, but they have begun to adjust their product mix and reduce the production of cotton products.

What worries cotton mills is that the clothing market is not showing signs of improvement. Some garment factories have even entered a semi shutdown state.

Dini, costumes manager of artistry, said: "there are many factories in stock. In order to keep workers, we can only work for half a day and stop working for half a day.

If business is not improving on New Year's day, we may have an early annual leave. "