Between January and January, there was a sudden plunge in prices of domestic cotton and cotton yarn from a sharp rise since November of the same year. In such a turbulent situation, the operator's situation? Yesterday, reporters came to Zhejiang Textile City (the original eastern Zhejiang cotton yarn market) to visit Jiangbei in Ningbo, the largest cotton yarn market in Zhejiang, most of the operators, the cotton price swings big sigh. Cotton prices follow the deep plunge in cotton After experiencing the triumph in September and October of this year, the domestic cotton prices plummeted Zheng cotton index has dropped from 33692 yuan / tonne highest in early November fell to the lowest on November 29 24,163 yuan / ton, a decrease of nearly 28%. So deeply plunged cotton prices, cotton yarn, of course, it is difficult to excel. "Cotton yarn prices have indeed dropped a lot recently." Lvchun, general manager of Zhejiang Textile City told Evening News reporter. Lv Chun on the market survey shows that the better the quality of carded yarn transaction price has dropped from the original more than 40,000 yuan per ton down to more than 30,000 yuan per ton. "Among them, carded yarn 21 is now quoted at 38,500 yuan / ton, while in early, it is quoted at 44,000 yuan / ton, down by as much as 12.5%." Lu Chun said. "Cotton yarn prices nearly doubled in recent months and then dropped by more than a dozen percentages, so overall they have gone up a lot." Cotton yarn trading is extremely light Since the price of cotton yarn has so much gone by, cotton yarn operators of course smile in joy A lot of people in the industry take it for granted. However, what the reporter learned was not the case. Reporters interviewed at 15 o'clock in the afternoon, however, most of the cotton yarn business households here have closed the door. In the second floor of the market, the reporter finally ran into a cotton yarn business unit is still in operation, the owner also appears to be very free. This reporter has learned that this unit is Dongguang County Branch of Ningbo Textile Co., Ltd. Ningbo Office is the factory stationed in Ningbo. "These days are indeed very empty, and our business here is fairly good, but we can not even produce two tons of cotton yarn a day." Liu Wende, the manager of the office, lamented to reporters. In the last month or so, Liu Wende has experienced a double day. According to Liu recalled, during the period around October of this year, the cotton yarn of their company suddenly became a hot commodity, how much was shipped from the factory and immediately sold out? "For a period of time, I was immediately robbed of 20 tons a day End of the past a number of critical customers, at that time even the quality of cotton yarn are not asking. "Cotton yarn transactions suddenly plunged into a very light, Zhendong textile city manager Fan Fan also feel a lot," October before and after During that time, the managers of our cotton yarn warehouse were too busy to even spend time on the toilets, and now it is rare to see the figure. "Buy or not buy, the house is like that, cotton is like this." A month ago, With the soaring price of cotton yarn, cotton yarn trading volume also increased rapidly, the entire market daily volume reached 200 tons, but in recent times, with the deep fall in the price of cotton yarn, trading volume has also shrunk dramatically. "Lu Chun said cotton yarn prices deep Another consequence of the fall is a surge in cotton yarn inventories. "This period of previous years, cotton yarn inventories generally about 1,500 tons, while this year it has reached 2,000 tons." Lv Chun believes that the recent market, a substantial increase in cotton yarn inventories, first, due to the recent cotton yarn into the light transactions, and second, due to pre-price crazy Some of the operating households did not correctly judge the situation when they were up, and deliberately stockpiled the results. In the interview, the reporter noted that some time ago cotton yarn prices, many knitted garment enterprises in Ningbo due to worry about further rise in cotton yarn, cotton yarn taken to advance the procurement strategy, which led to many current knitwear garment factories in the current surge in large inventories of cotton yarn , Fully meet the production needs of enterprises in recent months, the recent no longer need to further purchase of cotton yarn. The recent depth of cotton and cotton yarn prices callback, but also to many related businesses choose the wait and see attitude. "Buy or not buy or buy. House is like this, so is cotton." The hope of the operator In the interview process, Weiyuan cotton yarn traders Miss Lin lamented. Ms. Lin told reporters that after the price of cotton yarn began to plunge in mid-November, cotton traders encountered many troubles. "Some of the customers who paid for the advance payment in advance said that they would like to order the cotton yarn, but after we got the goods from the manufacturers, they said they did not order." Ms. Lin pointed out that the reasons for these customers' However, in fact, no matter who is aware of the heart, the main reason customers break the contract is a lot of cotton yarn prices, and we do a small business, do not want to lose customers, only their own loss .Lin told reporters that the general trading company Are based on customer orders and then to the upstream purchase, in the early cotton as cotton prices soared, they and many market operators did not dare to buy a large number of cotton yarn, therefore, did not make soaring cotton prices money. The recent price drop, but the company has brought a lot of losses. "I really hope that the price of cotton yarn will return to a stable level, but it seems that the recent period is not possible." "We have not heard anyone making a fortune by hoarding cotton yarn, The result was quipped. "In the market, the reporter encountered everyone say so. Cotton prices or will continue to fall After a period of deep decline, the next trend in cotton prices will be? Interview with reporters found that the current industry is still generally bearish market outlook cotton yarn prices. "Early trading volume is too large, the relevant goods factory too much, coupled with the upcoming December cotton yarn trade to usher in the off-season .This case, the cotton yarn prices rise in the short term, is basically unlikely." East Zhejiang Many industry insiders in the textile city said. "I expect to see a correction in the price of cotton yarn, probably before and after the Spring Festival next year." Said Liu Wende with a wry smile.