Higher Cotton Prices Result In Overall Rise In Autumn Winter Wear.
Will cotton become the next "tease you"? Agriculture products Under the background of soaring prices, cotton futures and spot markets continue to bear bull market.
The seven ministries and commissions of the state have jointly held a working conference, and 400 thousand tons of state cotton have been put on the market again.
Cotton price rise is a good news for textile enterprises, but garment processing enterprises are facing the dilemma of rising costs, and some garment enterprises have begun to deliberate on the rise of autumn winter clothing prices.
The rise in cotton prices is a bull market in ten years for textile enterprises.
Liaoning textile association responsible person said that in more than half a year, cotton prices rose from 13 thousand / ton to 19 thousand / ton, or nearly 50%, but the efficiency of our textile industry has been greatly improved.
At present, there are 20 textile enterprises in Liaoning. As the textile enterprises generally buy enough cotton ahead of schedule, the price of cotton textile products increases this year, which is equal to the excess income generated by enterprises.
From the first half of this year, the profits of most textile enterprises in Liaoning have risen to varying degrees. The increase is about 70%. Most textile enterprises have completed several years' advance ahead of time in half a year, which is also the best year for Liaoning textile enterprises in the past 10 years.
As cotton accounts for about 40% of the total clothing cost, according to estimates, the price of cotton will rise by 5%, and the profits of garment processing enterprises will drop by 2%.
The market is still used last year's cotton. In October this year, the new cotton market will temporarily stabilize cotton prices in the next few months.
But because domestic cotton output is less than that of last year, so the future
Cotton price
The overall trend will continue to rise.
"The rising cost of raw materials has not yet made a significant impact on garment manufacturers.
"The head of a children's garment processing enterprise specializing in export in this city said that it is sure that a process will take place from the price of cotton raw materials to the fabric enterprises and then to clothing manufacturers.
Now, some enterprises have already started to increase the price of autumn and winter clothing. In fact, they are forced to shift the cost of rising to the market in advance by psychological pressure.
There are more than 300 garment enterprises above Designated Size in Dalian, and most of them are uneasy because of the rising cotton prices.
Exit
Clothing enterprises.
Some garment enterprises are hesitant to face overseas orders.
Because signing a contract according to the current price, the actual production is equivalent to increasing the cost, and the profit space may shrink or even lose.
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