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Cotton Prices Temporarily Fell To Bottom &Nbsp; Clothing Companies Are Still "Carrying Prices" Wait And See.

2011/5/20 15:29:00 52

Cotton was once the most promising commodity market in the second half of last year.

commodity

"However, after the Spring Festival this year, cotton prices went down all the way.

In the past three months, the price of a ton has dropped from 33000 yuan / ton line to the lowest 22405 yuan / ton this month, which has fallen by ten thousand yuan, or 3.

However, reporters found that, while cotton prices continued to fall, many brands' clothing prices did not fall.

"At present, many domestic textile enterprises have high inventories."

Rida futures analyst Zhang Xiying said that from the latest data, since April this year, the output of cotton yarn, grey fabric and chemical fiber has decreased to varying degrees, and the demand for cotton has also continued to decline. In addition, the cotton yarn stock of textile enterprises is still relatively high, which will suppress the cotton price rebounding space.

Although cotton prices have been falling this year, there are many domestic prices.

Clothing brand

The price of its clothing has gone up and down.

At the upcoming PEAK ordering conference, its relevant person in charge said, "the price of this product to the agent should be increased from 10% to 15%.

The price of footwear is about 10%, and clothing is 15%.

Hongxing Erke, who is planning the listing plan, is also considering price increases.

According to its insiders, Hongxing Erke has planned a price increase of 15% to 18% this year.

Li Hao, general manager of Anta Sports Products Limited's public relations department, said that Anta will adjust with the industry trend, and the increase is uncertain.

In addition to sports brands, other clothing brands including Li Lang and seven wolves are already raising prices.

Cotton price

In the fall, clothing has shouted slogans of rising prices.

Some analysts pointed out that behind the abnormal performance, in fact, is the consequence of high cotton hoarding in some enterprises.

Insiders pointed out that the current clothing products and raw materials were purchased two or three months ago, when yarn prices were still high.

It is worth noting that in May 17th, Zheng cotton traded more than 338 hands, becoming the largest daily volume of domestic commodity market.

Zhu Mingyuan, a futures analyst at Xiangyu, said that after the cotton price plummeted, its recent trading positions were peataged, which is often the bottom of the market.

Insiders pointed out that the recent cotton prices show the bottom of the signal signal, so that "clothing prices" do not drop clothing enterprises see "Hope", or will wait and see, and not eager to cut prices.