[Weaving Ribbon News] 18,000 yuan per ton in 2010, 28,000 yuan per ton in early 2011, cotton prices soared, leaving many cotton spinning companies a little puzzled. But in recent months, cotton prices have plummeted like a roller coaster, dropping by nearly 30%. "Rising heartbeat, panic falling", some cotton spinning companies use such words to describe their mood.

　　Why did cotton soar and fall? How do companies that ride on roller coasters deal with such "elastic" cotton?

　　Cotton plunges, due to the reluctance of farmers to sell at the beginning of the year

　　"The price of cotton raw materials in our factory has dropped from 33,000 yuan per ton at the beginning of the year to 25,000 yuan per ton now." The sales staff of Zhejiang Shuangda Textile Co., Ltd. told the author that even if it fell 8,000 yuan per ton, The price of cotton is still at a high level, and the decline in cotton yarn products is even greater. This not only causes many companies to reduce orders, and product profits have shrunk significantly.

　　Not only cotton spinning enterprises, but also textile enterprises that use man-made fibers as raw materials have the same experience. "The price of man-made fibers also fell from the price of 29,000 yuan per ton at the beginning of the year to the current 20,000 yuan per ton." Mr. Wu, a chemical fiber business owner in Xiaoshan, revealed that the fluctuation in cotton prices also affected the chemical fiber industry.

　　The price of cotton is so volatile, and it fluctuates in a year. Why? "Most of it was artificial speculation, from the price of 18,000 per ton in 2010 to 28,000 per ton at the end of the year, so the cotton farmers hoarded a lot of goods at the end of 2010. However, when the new cotton is gradually listed, the cotton in the hands of the cotton farmers is not valuable. As a result, a sell-off will easily lead to a price "diving." The current price is not too high, but not low." A person in charge of the Textile Industry Division of Hangzhou Economic Commission analyzed to the author.

　　Cotton industry practitioners have fewer orders and are idle

　　The "diving" of cotton prices first affects downstream orders. The sales staff of Zhejiang Shuangda Textile said that the number of orders this month has been reduced by at least 50%. "Customers who place an order do not buy up or fall down, the cotton rises sharply, (their) orders are placed more, and the cotton falls sharply, the customer orders decrease, because the customer is afraid that the order is placed now, the later fabric It fell even worse."

　　"I have been in a hurry for the past two days." Mr. Wu, the textile business owner of Xiaoshan, said that although there are fewer orders, the factory will not stop work, and the stock of finished yarn products has reached several times the original.

　　"The inventory is very large, the product is produced first, let me talk about it." Another cotton spinning enterprise in Fuyang is not only faced with low orders, "I am also reluctant to take long-term orders, and now the profit is very low. You are going to lose money," said Mr. Zhao, the person in charge of the enterprise.

　　Some cotton spinning companies switch to blended products

　　In the face of crazy cotton and full of variable market conditions, some cotton spinning companies are exposed to fatigue. "Hard support" is a helpless move. "If you can support the past, you can support the past." The sales manager of Zhejiang Shuangda Textile admitted that the current market The market is almost the same as in the 2008 financial crisis, almost reaching the bottom. "In the past years, we can still see the hope of a rebound in cotton prices, but since the current cotton prices may fall again, there is little hope for a rebound."

　　"At present, our dependence on cotton is getting smaller and smaller, which is a last resort." Zhejiang Chunjiang Textile Group is less affected by many textile companies. General Manager Sun Boyong said that because cotton prices always fluctuate, the risk of making cotton products is extremely high. In the first half of 2010, Sun Boyong began to consider adjusting the product structure. It was this adjustment that saved him from the impact of the "crazy cotton" of the past year.