Raw Cotton Prices Rose &Nbsp; India Clothing Brand Decided To Raise Prices.
Unable to absorb Raw cotton price A major increase in India's major ready-made garments Clothing brand It is decided to pass the extra input cost burden 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. The OWA woolen mill has the main clothing brand "Monte Carlo".
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.
Due to the fact that the price of raw cotton has not been greatly increased, the major clothing and clothing brands in India have decided to pass the extra burden of input cost to consumers and raise the price of their cotton garments 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. The OWA woolen mill has 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 the price of cotton yarn, and 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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