Cotton Prices Rise And Fashion Follow Suit

"It really can't be cheaper anymore. Now cotton and cotton prices are rising." in the morning of June 24th, Li Xiaoyan, the boss of tailor shop 17 in Jinsheng cloth market, Changsha, reluctantly said to customers who had haggled prices. Since stepping into the rising corridor at the beginning of last year, the price of cotton has been rising and the price has been renovated every week. The rise in cotton prices has led to the rising price of the most important raw materials, such as cotton yarn, cotton and other garments, and all enterprises in the textile industry have been affected, and eventually the consumers are still paying the bill. 9

Cotton clothes are a little expensive this year.

At the tailor's shop in Li Xiaoyan, Jinsheng cloth, the reporter saw that a cotton cloth with a foundation blue flower is now priced at 85 yuan per meter.

"I made a shirt with this cotton cloth last year, when it was only 70 yuan and one meter, so how expensive this year is."

Aunt Yu, who came to make clothes, complained.

Li Xiaoyan is also very helpless for this situation. The purchase price is high, and the selling price can only go up.

Not only the price of cotton clothing has been rising rapidly, but the price of cotton finished goods has also risen a lot.

Reporters found in Changsha Xiao He street small commodity market, two months ago only sell 5 yuan of women's Cotton Shorts has risen to 5.5 yuan, or 10%, and even more, a cotton antibacterial health Triangle pants, each retail price from 5.90 yuan to 6.90 yuan, an amplitude of 16.90%.

It's all about the rise in cotton prices.

Cotton clothing has been rising in price, but it is all caused by the rise in cotton prices.

Cotton prices have continued to rise since the end of last year.

Starting in December last year, cotton rose by more than 30% on a year-on-year basis for 5 consecutive months.

According to China's cotton price index, the price of standard cotton has risen from less than 15000 yuan / ton in February to 17289 yuan / ton in May, while the price of standard cotton was only 10966 yuan / ton at the beginning of last year, that is to say, the cumulative increase of cotton has approached 60% since the beginning of last year.

"Cotton prices rise and resources are scarce are the main reasons."

Wang Dilong, vice president of Hunan Cotton Association, told reporters that China's cotton output accounts for 1/4 of the world's total, but cotton production accounts for 1/3 of the world's total. The huge gap has caused cotton prices to rise.

"In addition, Xinjiang, which accounts for about 1/3 of the total cotton planting area, has seen a reduction in cotton production last year, which has also contributed to the rise in cotton prices."

Wang Dilong pointed out.

In addition, due to the control of exports by major cotton exporters such as India and the reduction of cotton spot in the US, West Africa and Central Asia, the global cotton prices have been strong, resulting in a tight supply and demand relationship between cotton.

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Autumn and winter clothing prices rise to a foregone conclusion?

As the lower reaches of the textile industry, the garment industry is bound to face the "hot potato" thrown upstream.

Then, is the increase in the price of autumn and winter clothing that is more demand for cotton?

"The tide of rising prices of downstream garment enterprises is likely to break out in the second half of this year."

Chen Xiaozhi, who runs cloth business in Dalong street in Changsha, told reporters that the rise in cotton prices reflects the downstream clothing, which usually takes 4~6 months.

Starting in May, textile mills have entered the peak season for autumn and winter clothing production. The amount of cotton used in autumn and winter fabrics is even larger. At present, cotton prices remain high, so that clothing prices are likely to increase in the second half of this year.

Although many people believe that this autumn and winter clothing prices have been foregone conclusion, but Wang Dilong believes that this is not yet clear.

"It is hard to say whether the price of clothing in autumn and winter is going up."

Wang Dilong said, for the textile industry, the year September 1st is the beginning of a year, because before August 31st, all the cotton used was last year's inventory, and after September, the new cotton came into the market.

Therefore, for the textile industry, only when the new cotton is listed on that year will we know whether the price of autumn and winter clothing will go up, "it's too early to say now."

"The pressure on cotton prices is rising."

Ms. Peng, who is responsible for purchasing Hunan superior products home textile Co. Ltd., admitted that as the price of cotton rose too much, superior products were not allowed to rush to buy goods, so they are still using the stock.

"Actually, we are struggling to support it."

Ms. Peng said, "I hope to be able to support the new cotton market this year."