Private Hot Money Crazily "Fried Cotton" &Nbsp; Cotton Clothing Prices Soaring

Since the second half of last year,

A140 billion

Starting from October 2009, cotton prices will be unstoppable.

In October 2009, the price of cotton was 12000 yuan per ton, and now the price of cotton per ton is nearly 24000 yuan, and the price has doubled in 1 years.

Mr. Liu specializes in cotton and he is also a member of 14 billion private capital.

"There are dozens of people to join, how many people I can not tell."

Mr. Liu said, "among these fundraisers, some out of several hundred million yuan is very common."

According to the introduction, the 14 billion yuan is specially used to buy cotton, how much is it collected, "now it is out of stock. This year, the output of cotton is low, and the price of cotton is so high that it can not be collected at all."

According to Mr Lau, cotton prices are priced at a price each day, and they can earn money by buying and storing. This year, fried cotton has made a big profit. As a result, more hot money has entered the cotton market.

Cotton prices soared most

B. people may pay more for clothes.

"Our enterprise has two modes, one is to enter cotton, the other is to enter cotton yarn, now the price of cotton yarn has reached 30000 tons, too difficult."

Jiang Haibin said.

"Is it because of the increase in cotton production?" "this is impossible. Once the production is reduced, so many workers in factories are going to do so. We are hardly making any profits now. The next list is to consider capital preservation and make money."

In the island city, there are many enterprises that face difficulties like Xi Ying men. Many of the island's textile and clothing enterprises have been affected. "We thought that the price of new cotton would fall, but cotton prices are rising. If cotton prices continue to rise like this, we will become more and more mature, and the prices of final products will go up very high."

Fang Yan, deputy general manager of Qingdao Textile Alliance Holdings Limited, trade department, said.

Cotton prices rise, enterprises are difficult to operate, and the rise in costs will inevitably lead to the final price of finished cotton padded clothes and cotton clothes. In fact, careful citizens will find that the price of cotton and cotton clothes has gone up a lot since the beginning of the year.

It is reported that the finished factory price has risen by two or three.

C. visit the source, explore cotton prices soaring

Not only clothing, but the items that are closely related to cotton are all rising in price.

According to analysis, the cotton price pressure will eventually be pmitted to the terminal.

Under the situation of soaring cotton prices, the cost pressure has increased dramatically. Textile enterprises are bound to shift some pressure to the downstream garment enterprises through the way of raising prices.

Today, cotton prices have reached a high level, the highest price in 15 years. From the domestic cotton futures K-line chart, we can see that cotton futures prices have risen nearly 5000 yuan per ton from mid September to now 1 months.

"From the cotton output in the whole country, the output of this year has decreased by 3 compared with that of last year. The decrease in production and the sustained high level have kept the cotton prices going up, but there are still a lot of hot money investing in cotton, and the price is still rising at the later stage."

Mr. Liu said.

"But the price is really high now. It is estimated that the price will rise to 25 thousand to 30 thousand yuan later, and the risk will be great."

Mr. Liu said.