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    Cotton Yarn Prices Entered The "Cold Winter" &Nbsp; Ningbo Merchants Had No Heart In Love.

    2011/12/23 11:08:00 25

    Cotton Yarn Price War In Ningbo

    The cold air is coming again, and the cotton products in the Yongcheng market are booming. However, the closing price of "1205" cotton futures at yesterday's close was 20680 yuan per ton, while the closing price for the same period last year was 27800 yuan per ton. In just one year, the price of cotton futures is a great drain. Then, does it bring trouble to the cotton yarn Market? Yesterday, after a reporter's investigation, find The price of cotton yarn has entered the "cold winter". The enthusiasm of many households in the Yongcheng cotton yarn market has plummeted at the end of the year. The inventory of Ningbo East Zhejiang Textile City has dropped from 3600 tons in March to 1600 tons today.


    Yesterday, it was difficult to see the transport of cotton yarn in and out of the East Zhejiang Textile City. Lv Chun, general manager of the market, said that in recent days, the turnover of cotton yarn in the market was only about 20 tons, compared with 100 tons per day during the same period last year. In the same period last year, the main varieties were 32 yuan per ton and 37000 yuan per ton. Before and after the Spring Festival this year, they were heading for 48000 yuan. At that time, more than 80 households in the market were trying to eat cotton yarn, and tried to catch up with them. But by yesterday, when each ton was only 31000 yuan, many Management No one loves to fight, some come from. Xinjiang The operators of Shandong, Henan, Hebei and Jiangsu have lit up "truce cards" and simply do not stock them.


    According to the China Cotton Association statistics, the cotton output in September 2011 to August 2012 will reach 738 tons, up 11% over the same period last year. In the main cotton producing area, the opening price of 8.5 yuan per kilogram is about 30% lower than that of last year's opening price of 12.5 yuan per kilogram. Obviously supply exceeds demand. No wonder cotton yarn prices will plummet.


    Reporters yesterday in Yintai department store, new Hualian, new world and other shopping malls to see that many cotton winter clothing prices are still very strong, and some more than the same period last year, a lot of price increases, and did not decline with the cotton yarn prices fell. Lv Chun told reporters that cotton yarn price transmission has a lag period. Now the cotton yarn used for winter clothing is still "high priced cotton". The low price cotton yarn this winter will be reflected in the price of spring clothes next year.

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