Cotton Prices Return To Rational Clothing Enterprises Are Still Unhappy.

Yesterday continued downhill, hitting a new low for more than a year.

In recent two years, cotton prices have gone up and down like roller coaster, and textile and garment enterprises have been hit hard in this process.

April and May is the peak season for clothing, but this year is very bleak.

"Before May, customers had to make up a round of cargo, but this year they are gone."

Clothing enterprises said.

Cotton prices drop by 40% a year.

Yesterday, China's cotton price index (CCIndex328) reported 18545 yuan / ton, continuing downward, a record low since last year.

From September 2010 to now, cotton prices have taken a roller coaster ride.

In September 2010, cotton price was about 18000 yuan per ton, then pulled up straight, climbed to 31241 yuan / ton in March 8th last year, and then went downhill.

Cotton prices have fallen by 40.6% since last March 8th.

"The market is terrible this year, and there is no business."

A boss of a cloth shop in Humen's international fabric market told reporters yesterday that orders fell by 20% compared with previous years, and raw materials such as cotton purchased by the company were also reduced accordingly.

April and May is

The traditional peak season, but this year the peak season is not prosperous.

According to insiders, many enterprises are short of orders, and factory machines are only half open.

The latest macro level data are also reflected in the European debt crisis. In the 1-4 months of this year, China's textile exports to the EU fell by 11.09% over the same period last year.

61 sales are less than half of previous years.

When cotton prices rose last year, many companies did not dare to take orders, for fear that the price of cotton would go up to a loss when production was done.

Since the beginning of this year, cotton prices have continued to decline and gradually return to reason, but the service companies are still not happy.

"Although the price of raw materials is low, the key is no order."

Guo Zhengzhong, chairman of the board, said that the European debt crisis intensified this year, and that the export orders in the industry dropped by 30% were normal, with a drop of 50%.

The domestic market is not ideal either.

Hu Kui, manager of Humen small grass children's clothing, introduced that the company's export orders also had a 30% decline. On the one hand, the external demand market was sluggish, and Southeast Asian, Brazil and other countries took a lot of orders with lower production costs in recent years.

In terms of domestic sales, there was a peak sales period in May. Customers would make up a summer dress, but this year there was no replenishment. Many customers said that sales were not good.

"Most clothing brands are not ideal for sale this year, and only a few of them are good at marketing."

Speaking of a bad situation, Hu Kui said, "just 61 of the past, customers used to sell ten thousand or twenty thousand yuan a day, but only four thousand or five thousand yuan this year, half of them are not."

Guo Zhengzhong, vice president of Humen Taiwan Businessmen Association, has been in touch with many garment companies.

He said that in general, 3-5 months is the peak season for domestic sales of spring and summer wear, but he knows that many domestic enterprises are down about 10%-15% this year. It is expected that the situation will be even worse in the off-season of 6-8 months.