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The Impact Of Soaring Cotton Reaches Downstream.

2010/10/12 15:02:00 63

cotton

The impact of the continued price rise of prices has been pmitted downstream.

11, reporters interviewed learned that, by the autumn cotton prices rose and hit a new high in 10 years, including clothing, cotton and cap products, including clothing prices continue to rise, an increase of 10% to 50%.

Because of the main cotton producing areas in China

weather

Factor reduction

Autumn has set in

Since then, cotton prices have continued to rise, a record high of 70% over the previous year.

In October 11th, China's cotton price index rose again by 485 yuan / ton, closing at 23195 yuan per ton, once again refreshing its historical record.

The rise in cotton prices has also led to a shift in prices of cotton and cotton yarns.

Data from China textile net show that on the 11 day, the factory price of first grade pure cotton yarn in Shandong area was as high as 2.6 to 27 thousand yuan per ton, compared with 2.4 yuan to 25 thousand yuan / ton a month ago, the ring ratio rose more than 8%.

"The price of cotton yarn has been maintained at over 20 yuan per kilogram this year, but it has risen to 32 yuan per kilogram recently."

Li, who is responsible for an infant clothing enterprise in Zibo, said that the upward trend of raw material prices and the increase of nearly 20% workers' wages this year has greatly increased the cost of enterprises.

In response, the official said that in order to digest the steep increase in the cost and maintain a small profit, the company had to choose to increase the factory price of the product, "the price has been adjusted two times this month".

For example, a baby garment with a factory price of only 10 yuan in the same period last year has risen to 15 yuan, or nearly half, the person in charge said.

Previously, domestic clothing brands including Lining and Anta have also been shifting the cost pressure by raising the price of autumn and winter clothing.

In the fourth quarter, the average retail price of Lining clothing rose by 17.9%.

Anta's previous semi annual report showed that the price of Anta clothing products increased by 7.1% to 49.6 yuan in the first half.

Some analysts say that the purpose of raising prices for branded apparel is to pfer high cost pressure, including cotton and other raw materials, to consumers by raising product prices.

The terminal market has felt "cold and chilly".

On the 11 day, a winter hat dealer revealed that a wholesale price in the store was 18 yuan for the cold winter hat, and the wholesale price last year was 16 yuan, "10% a year."

At the same time, a brand clothing buyer in central city also claimed that the price of the cheapest jeans in the shop last year was 99 yuan, but the lowest price has risen to 129 yuan this year.

In the western city of a small commodity city, some clothing distributors also believe that from the current situation, the rise in winter clothing prices is a foregone conclusion.

As for the price increase in the future, the above Li's official said that it will depend on the price of raw materials such as cotton.