Textile Enterprises: The &Nbsp Of Cotton Hoarding Is Lost; The Price Of Clothing Will Be Reduced Next Year.

2011/8/29 8:32:00 50

Hoarding Raw Materials For Cotton Clothing

"The fall in cotton prices will have some impact on our company, but we are operating in a variety of products.

Multi fiber

So the drop in cotton prices has not hit us.

A female staff member of Zhongyuan Textile Office of Zhongyuan group, Dezhou, said to our reporter.

The company

raw material

Purchasing Minister Chen told reporters later: "our company did not purchase cotton recently, but as far as I know, now we have three grade cotton in 20500 yuan ~21000 yuan / ton, four cotton in 19000 yuan / ton, Xinjiang five cotton in 19800 yuan / ton."

Three grade cotton has not fallen below the 19800 yuan / ton bottom price.

Mr. Chen told reporters: "

Cotton price

Many factories are losing money and making little profit.

Wang Xinyue, manager of Hebei Xingyu textile material Co., Ltd., also testified that many textile companies are indeed losing money. "Think about it. When you buy it, the cotton is 28000 yuan ~30000 yuan / ton, and now it falls to 19000 yuan / ton. Only the raw materials that are stored up will lose eight thousand or nine thousand per ton. Cotton raw materials are in a loss, while human capital is rising, about 500 yuan ~600 yuan / month, and other costs are also rising."

Many small and medium-sized textile enterprises have stopped work. Yin Xiuhuai, deputy director of Longyao Agricultural Bureau of Hebei, said: "some of our local textile mills have been closed down, and there are still some failures."