On May 18, a textile enterprise of zhuji city, zhejiang province in the cotton in raw material workers pool.
2010 cotton prices rose, but from the end of February began, the domestic cotton prices have dropped about 30%. Zhengzhou cotton futures main contracts (zheng cotton 1109) on May 13 for the closing price 25410 yuan/ton, and the price of mid-february, which peaked at 3.48 million yuan/ton, less than three months nearly 30 percent decline. Part of the cotton not timely sell cotton heavy loss. Spinning enterprises generally shifts to over three months to ensure the supply of raw cotton, cotton price a fall, cotton prices also fell, with changes in prices quickly, because declines big, many customers purchase, the fewer were also decreased.
Enterprise "out" from cotton yarn, cotton on after a second "journey" into cotton yarn dealer's warehouse. Zhuji city, zhejiang province a cotton GongDuan market, told reporters they manage from shandong restocked after several days in zhuji sales, prices have low one section, this market can only by doing a deficit.
Yarn dealers from the cotton, sales out in the GongDuan manage door distribution by order, arrived again loom door's hand. Loom households, earning processing fee only up with the raw material, and just little relationship, and not engage in processing order receiver manage of production is at stake. Zhuji city, zhejiang province GongDuan market to manage the chapter said: "this raw material prices down badly, but order price but no cotton and cotton prices to fall so much, some order price changeless, even more so, profit considerable some. In the cotton price roller-coaster dramatic change, is not only affected cotton growers, and from cotton textile products to this the industry chain of every step and every operator. The far-sighted more alert "risk awareness" this nerve, hope in the stability of the MianJia establish interests balanced mutually beneficial relationships, acquiring more long-term development.
Source "Chinese textile nets"
Edit: lara