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Cotton Prices Fell 20%&Nbsp For Half A Month; &Nbsp; &Nbsp; Clothing Prices In Liaoning Are Still Strong.

2010/12/2 14:26:00 55

Cotton Clothing Prices

The results of the national macro-control were initially revealed: within half a month,

cotton

Futures prices plummeted by more than 20%.


However, the sharp fall in cotton prices has not wavered in the trend of rising clothing prices.

Spring clothes

Prices will continue to rise.


Cotton price fell four thousand or five thousand yuan / ton half month.


The national development and Reform Commission announced in November 25th that domestic commodity prices had dropped sharply since November 12th.

The closing price of cotton in November 24th was 23.6% lower than that in November 10th or 11.


In November 25th, the main contract of cotton futures on the Zhengzhou Mercantile Exchange approached another 25000 yuan / ton, which was nearly 25% lower than the 10 yuan record of 33600 yuan / ton in November.


Liaoning provincial economic and Information Technology Commission textile department responsible person said that the current spot price of cotton is 25000~26000 yuan per ton, down four thousand or five thousand yuan from half a month ago.


  

clothing

Prices are still strong.


Although cotton prices have plummeted, the price of clothing has not changed.


Mr. Wu, a clothing store owner near Wu AI street, Shenyang, said that although they had learned the news of the decline in cotton prices, the price of clothing remained strong. Judging from the feedback from manufacturers, there was no sign of price cuts for clothing, and some winter clothing prices were even rising.


Miss Liu, director of the planning department of a clothing enterprise in Fujian, said that from cotton to clothing, it had to go through dozens of processes, so the price of clothing had a certain lag. In addition, clothing enterprises usually purchased raw materials in advance for half a year or even a year.


Miss Liu said that even if the price of cotton fell, it would be difficult to drop to last year's low point, and labor costs and pportation fees were all rising. Therefore, the rising trend of clothing was difficult to contain. It is expected that the price of spring clothes will still rise next year.

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