Cotton interpretation of "roller coaster" market, price volatility troubled clothing company, order more cautious. When a reporter asked about whether to lower cotton prices in the clothing business relief, many garment enterprises official north face outlet said, the future cotton prices will not surge, or how much, who are also not the end. Some companies refused to take the basic cycle length of more than three months period in order.
EU anti-dumping measures on leather shoes in March this year, play on, affected by cheap north face jackets the impact of good news, the original was to invest in Vietnam, Indonesia, Malaysia, India, many European shoe orders have recently transferred to the Wenzhou shoe enterprises. "European customers have to stand watch leather samples, demand suddenly opened, more than 50% surge in orders." Chen Zhongsheng pleased to tell reporters to disclose their intention to customers before the order to turn back in India. The costs, RMB appreciation and other factors is still north face store a big problem shoe, shoe, said many European and American merchants to reduce one or two into the next single intention on the wane, wait and see mood serious.
Zhengzhou Commodity Exchange cotton main contract CF1109 below 25,000 / ton integer off, north face jacket to close at 24,640 yuan / ton, down 5.9%. Just over two months, cotton futures fell by about 1 million. A body analysis, with the new season cotton acreage increased cotton prices next year will be difficult to 30,000 yuan / ton price run. Stone cotton futures team of researchers KK Yeung told reporters: "The current futures prices and spot prices upside down, the market price and cost price upside." Orders for the downstream garment and textile enterprises less inventory and more upside down all the way leading to the root causes of cotton.