India Clothing Cotton Clothing Company Price Increase 10-20%
Recent cotton developments in India: unable to absorb Raw cotton The price increases substantially, and the major clothing and clothing brands decide to pass the extra burden of input cost to consumers and raise the price of their cotton clothing by 10-20%.
"Indeed, we have decided to raise the price of clothing by 15-20%, taking into account the increase in raw cotton prices," said Jain, executive manager of Ludhiana's woolshed wool mill. OWA woolen owns the main Clothing brand "Monte Carlo".
Traders say cotton prices are hovering around 3600 rupees / Mendelian (about 37.324 kg) -3700 rupee / Meng De, compared with 2400 rupees / Mende during the same period last year. The rise in cotton prices has affected. Cotton yarn The price of the spinning company has increased the price of their 30 combs from 180 rupees / kilograms to 190 rupees / kilograms.
The clothing and clothing manufacturers in the north of India are the largest cotton consumers in India. The total cotton demand in the clothing and clothing sector of Punjab and kyali is 5 million 500 thousand packages per year.
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