The Pressure Of Cotton Price Soaring Part Of The Garment Budget Increase

The weather is getting cooler now.

Market many brand clothing collective "raise price".

In the wholesale sector, some clothing prices have gone up.

"From the beginning of the year, it has been rising slowly, and now it has risen by about 30%." Liu Guishuan, who owns his own factory and sells three children in the southern part of the provincial capital, Jiangxin knitting City, who is engaged in the wholesale of children's clothing, said, for example, the clothing of a six or seven year old child, the wholesale price is 11 yuan to 12 yuan, and now it sells 15 yuan to 16 yuan.

"The price is rising, customers say it is expensive, and sales are somewhat affected."

Actually, the price increase is this year.

Many clothing brands have adjusted their prices.

For example, the semi annual report released by XTEP showed that the average selling price of clothing products increased by 13.9%.

Anta reported that the price of clothing products increased by 7.1% (RMB 49.6 yuan).

Li Ning Co also announced in June this year that the average retail price of footwear and clothing products increased by 7.8% and 17.9% respectively in the fourth quarter of this year.

Soaring cost of cause forced enterprises to raise prices

Why is the price of clothing rising? It is understood that cotton prices began to rise as early as in the autumn of 2009. As of early July this year, cotton prices rose by 30% over the average price of 2008/2009, the highest point in ten years.

Affected by this, cotton yarn, cotton and other clothing processing raw materials prices also rise.

Liu Guishuan told reporters that the price of cotton yarn was only 17 thousand yuan / ton at this time last year, and now it has risen to 28 thousand yuan / ton.

"If the raw materials have gone up, the price of clothes can only be lost if they do not rise in price."

In addition to the pressure of raw materials, the increase in labor costs is also one of the reasons behind this year's clothing industry's price increase.

Liu Lianhong, President of Hebei clothing association, said, for example, in Baoding Rongcheng, where the garment processing enterprises are concentrated, the average salary of employees has increased from eight hundred or nine hundred yuan per month to more than 1500 yuan.

"Under the dual pressure of raw materials and labor costs, the profits of enterprises have been very thin, and the rise in prices is inevitable."

Wang Qian analysis.