Hitchhiking Cotton Prices Rise Winter Wear "Social Value" Increased By 20%

　　 Recently, domestic cotton prices have skyrocketed all the way. Affected by this, the major shopping malls in Beijing market Cotton padded clothes Winter clothes Prices are generally rising.

Following the price adjustment of many sports brands such as Anta and Lining during the eleven period, this year's winter clothes Price It also rose collectively. Reporters interviewed in the morning found that the price of pure cotton t-shirts in many brand stores was around 300 yuan, while last year's prices were generally around 250 yuan. In past years, a cotton padded garment of about 500 yuan is now worth more than 200 yuan.

In the zoo and other clothing wholesale markets, a piece of $350 in the past year. cotton material Clothes, the cheapest this year, will cost 70 yuan.

Relevant officials of the contemporary shopping mall told reporters that the rising prices of raw materials such as cotton and other clothing made the cost of autumn and winter clothing increase significantly, resulting in the price of winter clothing this year generally rose by about 20%.

Many netizens expressed frustration over the rise in the price of winter clothing. "This year's winter clothes are too expensive to buy discounted last year." Netizen Jing Jing leaves a message at 55BBS forum.

Expect

Next spring or price increase 10%

Reporters on the China cotton information network to see that the current cotton prices have gone up again and again, so that many textile enterprises to purchase cotton will be greatly reduced, resulting in the current cotton price without market.

It is understood that cotton generally accounts for the cost of cotton spinning enterprises 60%-70%. According to the average profit of about 12% of the industry, cotton price rises by 1% every time, and the profit of the enterprise drops by 0.53%. The short price increase of cotton prices will make the cotton textile industry face severe challenges.

As cotton stockpiles of cotton mills have basically run out, enterprises will have to face high cotton prices if they want to reproduce. The rising cost will definitely affect the price of clothing next year. Some market participants predict that next spring clothing prices may rise by about 10%.

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International cotton prices hit a new high

Cotton prices surged to record highs yesterday due to strong demand and tight global supply.

Intercontinental Exchange (ICE) index December cotton CTZ0 hit a record high of $1.198 a pound in the first few minutes after opening, but it did not go higher again, and ended up dropping 5 cents at $1.0987 a pound.

The index of commodity exchange index CCFK1 rose 275 yuan in May 2011, and reported at 24305 yuan per ton, hitting a historical high of 24680 yuan during the session.