Cotton Textile Industry Is In The Predicament Of The Whole Industry Chain &Nbsp; Spinning Enterprises 60% Stop Production And Limit Production.

Monetary and financial policies that continue to shrink are having a great impact on all walks of life, including cotton textiles which are far apart from finance.

Economic Herald reporter recently found in Dezhou, an important gathering place for cotton textile industry.

Cotton price roller coaster

Cotton prices fluctuated over the years, but this year is particularly intense. Since last September, a roller coaster market has gone out.

Dezhou Cotton Association Deputy Secretary General Ma Junkai guide newspaper reporter, cotton prices began to rise in the beginning of last year.

By September, with the new cotton entering the market and the relatively large gap in domestic cotton, cotton prices have entered a climax. Cotton in Dezhou has risen from 18 thousand yuan / ton to 32 thousand yuan / ton.

After the Spring Festival this year, cotton price is still over 30 thousand yuan / ton, but from the end of February and early March, cotton prices suddenly began to decline sharply, and by the end of April, it had dropped to 24 thousand yuan / ton, and so far, there has been no effective rebound, and prices are lingering low.

Cotton prices are going up and down, which is a big headache for cotton farmers.

In recent years, cotton was basically bought at the end of April, but this year the situation is different.

"Cotton farmers wait and see.

In the process of rising prices, cotton growers look forward to higher prices. As prices fall, cotton growers feel that they are so high in their early days, and now they are selling losses.

Ma Junkai said.

Therefore, although late June, cotton farmers in Dezhou still had about 20% cotton not sold.

Cotton prices are severely depressed by the sharp drop in cotton prices.

"Cotton production costs were higher last year due to cotton production reduction.

Compared with grain production, the replacement cost of per kilogram of seed cotton in Dezhou area is between 4.4 yuan and 4.5 yuan, and the price of seed cotton is 4.7 yuan / jin to 4.8 yuan / Jin, which is close to the cost price of seed cotton.

Ma Junkai said.