Raw materials prices eroding profit of warmer weather encountered "textile industry

n the face of rising prices of raw materials forquotation, textile raw material rises in prices
textiles, textile enterprises can be said to bear thesuitably, specially the cotton and kapok product
brunt, which has been most strongly. It is trueraw material rise in price belongs to the normal
that the raw materials price rises directlyphenomenon. But, this period of time except the
increases the cost of production of textilecotton and kapok product raw material rise in
enterprises, enterprises profit space furtherprice, the chemical fiber, the wool, the cocoon silk
narrow, coupled with the severe impact of theand so on three big textile raw material price also
economic crisis has affected by the relativecrazily rise likely, moreover rose too oddly,
weakness of the clothing market, many textilebelongs to very not the normal phenomenon, our
companies in the dilemma, enterprise developmentmany dealers did not able to endure, one day
difficult.could lose money hundreds of thousands.”
Speaking of the Zhengzhou market textileMr. Liu said that before the cotton yarn price
industry development present situation, enters inrose, they will act according to a market
June, imitates the hemp lining “the counterquotation appropriate readjustment spinning and
city” to come into demand summer theweaving raw material the management category
market, becomes in June sells the luminescentproportion, for instance the cotton price was high
spot, to originally was sells the off season thebig profit space not to be possible the much to
textile market to start the encouraging aspect,gain, they increased the chemical fiber, the wool
after simultaneously also gave the textile field toand so on inventory proportion, guaranteed
bring the economic crisis to affect “the returncompany's operating profit. But, textile raw
to warmer weather” the sign. However, fourmaterial several big varieties are rising in"Now this
big textile raw materials compete to start theindustry business than in previous years, more
wind price raging tide for the last few days, as ifand more profitable. I am engaged in the textile
gave the textile industry to come one “theindustry for over 30 years, this is the most rare
back thrust”, the numerous Textile enterpriseof a roof, a lot of stuff just one day a price, a
therefore body fell the dense fog boundlessly notprice that is thousands of too much for our
to know that approached! Facing such presentdealers. "Turning to sales of textile materials,
situation, recently reporter had visited theZhengzhou Jinhua textile trading co., Ltd.
Zhengzhou spinning and weaving raw materialManager of hulin with a wistful told reporters,"
market and some Textile enterprise, and theaccording to the market, if I were to increase,
professional carries on the interview to thetheir textile enterprises to take a look at the
profession, thus opened the mystical veil whichoutrageous prices high, select a withdrawal slip, it
the textile raw material competition rose inis because of this reason I have a lost several
prices。large orders. If not, I can understand his losses,
As everyone knows, because at the end of 2008because the purchase price is very high.
China cotton countries began to increasePreviously signed several export list, because it
reserves, as well as the 2009 new cottonalready had the price, I now have to fulfil the
harvest and other reasons, starting from Octoberorder contract, not only money, but also to
of last year, cotton prices soared textile rawYesterday, the reporter learned from
materials markets, especially high-end cottonzhengzhoushangpinjiaoyisuo cotton contract (1009)
prices rose more rapidly, such as advancedprices from original 10650 Yuan/ton up to now
long-staple cotton currently on the market price isthe 17335 Yuan/ton, up nearly 70% wool raw
already high as 24000 Yuan/ton, rose 41.2%.material prices grow to a maximum of 30 years,
According to Zhengzhou textile world cotton knitsuch as Australia wool prices, and now has
raw materials dealer, Mr. Liu, recently knit raw6-month 45000 Yuan/ton up to 80000 Yuan/ton,
material price increases of approximately 28% ofup nearly 50% of the price increase of raw silk
the cotton price increases of approximately 37%also break through the highest in 15 years, such
of the company in June before the most ordersas the filament price, last October to 17 million per
will be a loss.ton has risen to $ 25 per tonne, up more than
“according to these two year market47%.