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Strong Cotton Prices And Pressure On Garment Enterprises

2010/10/5 20:38:00 53

At the moment, when the new cotton comes into the market, cotton prices are strong and upward, which makes clothing enterprises under no small pressure.

While taking eleven long holidays, Ms. Wang, who lives in Yang Cha lake, went to the supermarket yesterday to buy new clothes for the elderly and children, but the money actually spent far exceeded her psychological expectations.

"In the past, buying clothes for middle-aged and elderly people in the supermarket can be solved in a hundred yuan, but yesterday they bought 3 pieces of clothing for the elderly, nearly 200 yuan, and still had a discount."

Reporters yesterday in Xinhua next road, Wu Shang shopping store to see, clothing area price more than 200 yuan.

Gao Fangmei, a Chinese cotton pin buyer, said that cotton products were on the rise in the market recently.

Underwear

Towels, cotton sweaters and other products with high cotton content increased by 20%~30%.

10 days ago, a cotton wadding increased from 80 yuan to 120 yuan, or 50%.

China Merchants Department stores, central department stores and other shopping malls, men and women wear new products generally rose by 10%, some of the product price adjustment of 20%.

It is reported that the first half of the quality cotton yarn quoted price of 32 thousand yuan / ton, now rose to nearly 40 thousand yuan / ton.

Many in Wuhan

clothing

Businesses are feeling the cost pressure.

Yi Aizhen, chairman of Wuhan Shu Mei Zhen Zi clothing company, said that cotton (21530, -235.00, -1.08%) and labor prices are rising, and the cost of one garment will increase by 20%.

The owner of the clothing market, which is mainly in the field market, admitted that the price of the clothes on the factory went up accordingly, at least 30%.

The head of the local well-known enterprises, Taihe clothing purchasing department, recently said that the cotton fabric rose and the artificial cost increased, estimated the winter clothing cost increased by 15%, the company had to reduce the style of cotton padded jacket half, down clothes style correspondingly half.

But some enterprises also say that selling clothing is mainly selling brands, and the cost changes will not hurt the overall situation.

Wuhan Rong Rong costumes sold 160 thousand cotton sales.

Zhao Herong, general manager of the company, said that the increase in cotton prices led to an increase of about 10% of the cost. However, the cost of selling cotton jacket did not affect the overall situation, mainly because of the market recognition of product style design, brand image and sales network.

Another key is climate, cold weather and good business, and prices are naturally strong.

According to analysis, this year

cotton

The main reason for the increase is bad weather, resulting in a reduction in cotton production, resulting in a decline in stocks. The cotton planting area in the Yangtze River and the Yellow River River Basin has dropped significantly.

At the same time, the demand for textile industry increased, driving the growth of cotton raw material demand.