Hubei Cotton Association: The Risk Of The Whole Industry Chain Will Increase Sharply.

Pick up speed, high prices induce reluctant to sell psychology.

At present, the harvest has exceeded 60% of the total output. The purchase of "one day one price" has prompted some cotton farmers to sell.

As of October 31st, the farmers surveyed were picking up 168663.5 kg of seed cotton, accounting for 55.4% of the estimated output. The selling price rose from 4.5 yuan / kg in September 15th to 5.6 to 5.8 yuan / Jin in October 31st, and the price of one day, one price or even afternoon was different from that in the morning, and it was a cotton merchant's purchase and courteous service.

Among the surveyed households, 5 farmers now have an unsold cotton seed and a high expectation for the market.

Most cotton growers approve of the current purchase price and consider the bag to be safe.

As of October 31st, the survey households sold 137381.5 kilograms, accounting for 81.5% of the harvest.

The temperature is decreasing and the harvest is coming to an end.

The temperature gradually decreased and the sunshine decreased. In October, the sunshine time in Hubei province was less than 5~20 hours in the southeastern part of Hubei Province and the Jianghan Plain in the same period of the same period.

Meanwhile, some cotton plants in some areas have been allocated to ensure subsequent crop cultivation.

Cotton prices continue to rise, spinning enterprises find another way out.

Cotton prices are rising all the way, the supply of goods is also tight, and the quality is difficult to guarantee, but the price of grey cloth can no longer increase at the same time. In addition, the pressure of employment has kept the profit margins of small weaving mills continuously squeezed. Textile enterprises only have to find a new way to adjust their product structure.

Many enterprises in the production process to reduce the amount of cotton, part of small and medium-sized textile enterprises "holiday", to avoid the peak cost increase, and enterprises adopt the way of purchasing together, financing each other to stabilize the source of cotton, such as payment in advance to cotton processing enterprises, directional organization to carry out the acquisition of cotton.

High cotton prices affect high prices of related products.

Prices of chemical fiber and other related products follow the price of cotton, which has risen to the consumer market.

With the rise of cotton prices, textile production has increased the amount of alternatives such as chemical fiber, triggering a chain reaction and driving up the price of products.

By the middle of October, headed by polyester staple fiber.

Raw material prices are not stable, textile orders are "shabby".

With the "barometer" of our foreign trade, the 108th Canton Fair is in progress, and the textile and garment industry is a worthy leading actor.

As cotton prices soared all the way this year, there seems to be no sign of stability until now. Many exhibitors have increased their quotations by around 40%, which makes most foreign businessmen very uncomfortable. Although many orders have been issued, most textile and garment enterprises are afraid to take orders directly, most of them like to pick up small bills and short lists to avoid risks.

It is understood that the "7 day validity of quotations" has become a general rule for textile exhibitors, and the validity period of the quoted prices is sometimes as long as one or two months as the cotton price fluctuates. Even the quotation at the beginning of the year is still in use at the end of the year.

Hubei Cotton Association believes that the price of cotton has affected the whole industry chain, no matter how big the capital speculation is, how hard the gap is, and the price will ultimately be determined by the consumption capacity. If the cotton price rise really breaks through the consumption limit, the risk will increase dramatically. This is also the focus of the industry.