Raw Material Prices Rose &Nbsp; Clothing Enterprises Stock Pressure Increased Sharply.

2011/6/10 13:58:00 86

Stock Price Of Raw Material Price Clothing Enterprise

Data show that in the Shandong Wei Qiao cotton futures market, April 1st grade three.

lint

The price per ton is 28000 yuan / ton, and the quotations in April 20th and 28th were 27500 yuan / ton and 25500 yuan / ton respectively. In May 5th, the price was reduced from 25000 yuan / ton to 24000 yuan / ton.

In a month or so, the price of three ton cotton per ton dropped by 4000 yuan.

Before the crazy rise period, the highest price of grade three lint reached 34000 yuan / ton.

Textile raw materials have fallen sharply, so that many spinning mills are under tremendous pressure, and many garment manufacturers have also been subject to a lot of inventory pressure.

Export oriented Jin Feida (002239.SZ) is well received.

Raw material

Cost pressures.

According to the announcement, the net profit attributable to shareholders of Listed Companies in 2011 1-6 will be 50% to 70% lower than the same period last year.

Kim Feida said the reason for the change was domestic.

Clothing fabric

The cost factors such as excipients, exchange rates and employment increased rapidly and the orders of major customers declined.

"Even though the price of cotton is beginning to stabilize now, the price is still high, and the profits of the products are seriously compressed," said Kim Feida Securities Division.

Even if the product price is raised, it will not be able to sign the order because the price is too high.