Tuesday, February 8, 2011

Cotton, cotton prices to fly the brand is the only way out

 HC clothing online cotton price fluctuations in this round of price increases caused by material flows, following the financial crisis hit China's textile and garment industry, another new test.

Beijing dahongmen business circles, the largest apparel trade in North China comprehensive market full of people. SUN Yan

owner sitting in his stall in the second floor, looking at the past of people, some solemn expressions. The name let fly

cotton since the second half since 2009, with the gradual recovery of world economy, the textile industry sales of low end consumer goods back to Yang, cotton prices have rose steadily to the end of 2009, has reached 14,873 yuan / ton. Into 2010, the upward trend in cotton prices has not only weakened, but intensified, June 2010, cotton prices have been breaking the 18,000 yuan / ton mark, then, cotton prices rose more on a daily basis accounting period, soared.

obviously felt the outside world cotton prices occurred in the In mid-November 2010, cotton prices reached a record 33,000 yuan / ton, higher than the same period in 2009, nearly twice as much. Since then, however, market sentiment increased fear of heights, combined with strong regulation of the State sector, cotton is like rocket fuel depletion usually turns sharply down, into December 2010, cotton prices have been 27,000 yuan / ton wandering.

When everyone had a roller coaster along with cotton playing the game, we can not help asking why cotton price fluctuations?

fact, apart from the world outside the rigid demand caused by economic recovery in recent years, the United States the world's largest exporter of cotton planting area of cotton decreased year by year; the world's second-largest cotton grower in India , issued in 2010 ordering the export to first meet domestic demand; world's fourth largest cotton growing country of Pakistan suffered a rare floods this year, resulting in a large number of cotton production. Data show that global exports of cotton each year for no more than 800 million tons of cotton used in China for less than 300 million tons, since 2010, for these reasons, China's imports of cotton available for fewer.

As the world's largest cotton grower and consumer, China's current total annual cotton million tons in 1000, while cotton production in China for three consecutive years starting in 2008, down Today, the domestic cotton has remained at 700 million tons, annual output of only 600 million tons in 2009.

the one hand, their lack of cotton production, the other is not much available for cotton imports, therefore, the cotton market the main driving forces.

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