Zhejiang'S Apparel Industry Is Soaring And Raw Materials Are Soaring.

When Huzhou's Silk Reeling Enterprises are suffering for soaring cocoon prices, textile enterprises in other parts of Zhejiang are also facing the same problem of high cost.

This year, the price of cotton, wool and eiderdown is soaring, no less than cocoons.

Cotton prices have soared more than doubled since September last year, and a ton of standard cotton has surged from 8000 yuan to 17000 yuan. The price of wool has stood at a high level for nearly 30 years, and the price of down has jumped from 100 thousand yuan / ton to 260 thousand yuan / ton in one year.

The soaring price of raw materials has brought enormous cost pressure to Zhejiang's textile industry. Some textile enterprises have begun to resolve the pressure by raising prices.

Insiders predict that in the second half of this year, there will be a sharp increase in the price of clothing, home textiles and other end products in the domestic market.

Textile raw materials soaring

"The price has gone up too fast, and it can't get the goods."

Mr. Lin, a purchasing manager of a large home textile enterprise in Keqiao, said.

"The price of cotton yarn is almost one price per day, and the price of cotton yarn is one thousand or two thousand. The number of high counts cotton that has been ordered a few days ago has lost hundreds of thousands of dollars in the past few days."

Another chief producer of fabric production said.

In order to avoid losses, many fabric enterprises either increase their prices or simply choose to destroy or stop production.

Data show that cotton prices have more than doubled since last September.

"The cotton price rose last year or 2002, but the increase is not as big as it is now."

Mr. Lin said that at present, there are 4 months left for the new cotton market, but the supply of goods on the market is obviously insufficient. All enterprises are racking their brains to rush to buy raw materials, which has further pushed up the price of cotton yarn.

In addition to cotton, the price of wool and eiderdown is also experiencing the same surge. The price of raw wool produced by Australia has increased by 50% in one year, and the price of feather has increased even more staggering.

"90% white cashmere with cashmere volume has increased more than two times in one year."

Gao Bailin, general manager of the International Textile Co., Ltd., located in Xiaoshan, said.

Such a huge increase in a short period of time, so that many years of home textile high Berlin feel very incredible.

Fortunately, Ai Meida home textile has signed a purchase and sale contract with the upstream down production enterprises in March and April. After paying the deposit of 30%-50%, it locked the supply price of the whole year.