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Cotton And Cotton Yarn Prices Continued To Rise In November To A Record High.

2010/12/10 15:34:00 55

In November, under the dual pressure of inflation pressure and cotton gap in China,

cotton

The price of cotton yarn has reached a record high. Cotton yarn prices have risen more than cotton prices this month, and cotton yarn profits have reached a new high. However, the excessive rise of cotton yarn and cotton prices will inevitably lead to the pmission of clothing home textiles, and have obvious demonstrative effects on other commodities, promote the inflation of the whole society, the intervention of the state will continue to increase, the price of cotton and cotton yarns will steadily adjust, and the level of industry profits will gradually decline.

BOABC monitoring showed that the average monthly price of cotton in November was 28442 yuan / ton, a rise of 14.93% in the annulus, and a certain decline in the annulus rate, up 98.76% over the same period.

Cotton yarn, though

Cotton cost

Pushing prices continued to rise, and at the same time, a large number of funds to promote, cotton yarn prices also hit a new high, the average monthly price of 40s cotton yarn is 32450 yuan / ton, 32S cotton yarn monthly average price of 39083 yuan / ton, up 26.03% and 21.27% respectively, up 95.36% and 98.69%, respectively.

But after all, the price of cotton yarn has been significantly restricted by the decline of the actual consumption power of the domestic residents.

Considering the price difference and fixed cost of cotton and yarn, the textile industry in November

Pure cotton

The yarn yarn profit dropped to 14335 yuan / ton, a record high level.

Considering the impact of raw materials, fuel power and other costs, it is estimated that the cost will be increased by more than 9% in November, the actual yarn cost will be reduced to 3865 yuan / ton, and the profit rate of the industry will be 10.97%.

At present, cotton prices are in an excessive upward trend. After the market shocks, the current high cotton price will drive the textile industry's profit downward.