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Cotton prices upside down textile enterprises "risk awareness" stronger
Business News, May 16th. During this period of time, summer clothes suddenly heated up with the weather, and the conspicuous places in the shopping mall were covered with the latest summer clothes. However, it is not difficult for careful citizens to find that there are fewer and fewer pure cotton fabrics on the market, and manufacturers use other raw materials such as tapecotton and chemical fiber to replace them. The main reason is the high cotton price last year. However, a ton of cotton plummeted by 4000 yuan in the last month, and cotton prices have been declining since they hit a high of 30000 yuan/ton in March this year. According to the First Textile Network, however, the decline in the price of raw materials did not make textile enterprises laugh, but the market atmosphere was more dignified, and the prices of products and raw materials fell.
2011-05-16 12:30