The Price Of The Cotton Fell Sharply, The Owner Of The Cotton Mill Was Spitting Bitter Water, And The Loss Of 4 Cars Was About 200000?

With the sharp fall in futures prices, the impact on the lint spot is very large. According to the director of a cotton enterprise, in July, the enterprise purchased 4 lint of cotton in Xinjiang, and then continued to stumble and fall. According to the current price, the 4 cars were expected to lose about 200000 of the cotton lint. The helplessness could only wait and see. If the market situation is still not improving in the end of September, it will have to sell meat at the end of the session.

In addition, the boss of the enterprise has called the downstream textile mill because of the cotton in hand, and the bosses of the textile mill are also suffering from water. Since July, some textile mills have started off. Some of the owners who have not had a vacation say that although the temperature has reached the high temperature at this time, the hot summer heat can endure, but the cloth can not be sold. There are more and more stocks, and there is a serious shortage of funds. Although some manufacturers still have some orders, the problem is that the order of many large customers is decreasing year by year.

It is understood that many clothing factories, traders have a certain amount of hoarding goods, woven fabrics can only be placed in warehouse when inventory, after all, there is not such a big demand for orders. In this low season this year, the manufacturers who make market orders are even more bleak. At present, the price of grey cloth in the market is more chaotic. Many manufacturers have the operation of throwing goods in order to return the funds. At this time, traders choose cheaper cloth. According to statistics, the price of conventional products such as spring Asian spinning and polyester taffeta dropped by more than 40% compared with the same period last year. The price of grey cloth such as four rounds and light spinning decreased by more than 1 yuan / m compared with the same period last year. At present, the whole market is in a state of oversupply.

In addition, this year's refund period is longer than in previous years, mainly because the order is small, the profit is thin, the downstream customers are not well-off, and the repayment time is correspondingly longer. According to the introduction of a textile factory owner: "arrears in the textile industry basically can not be avoided, in the past, when the market is good, the money back is fast, when the market is bad, the money is slow, so we basically clear the accounts in 2-3 months, so that the money will not come back until the end of the year."

For the boss, holidays and production cuts are all helpless. All these are aimed at relieving the pressure of high inventory and lack of orders. Now we can only hope for the second half of 9 and October. We hope that there will be a wave of prices coming soon.