Cotton Prices Rise, Clothing Enterprises Complain Of &Nbsp, Large-Scale Impact Is Coming

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Many enterprises said that the price of cotton yarn increased and the cost of clothing increased. The increase in garment prices in the second half of the year was at least 15%.

As cotton accounts for about 40% of the cost of general clothing, according to estimates, cotton prices rose by 5%, enterprises

Compared with garment enterprises can easily shift the cost pressure, the survival of downstream factories is obviously more difficult.

Insiders pointed out that although the price of cloth rose somewhat earlier than before, the increase was much less than that of cotton and yarn.

A survey conducted by the China Textile Industry Association shows that since March this year, cotton prices have continued to rise, and some smaller and less capital businesses have stopped taking orders, and many looms have been stopping.

At present, most of the large textile enterprises' raw material inventory level has risen to 2 months or so. Insiders pointed out that the rise of cotton will eventually reflect the downstream products generally need about half a year, so that the impact of cotton prices on clothing enterprises will break out in the second half of the year.