High Priced Cotton Will Replace Low Price Cotton &Nbsp; Next Year'S Clothing Price Or Inflation Will Rise.

Today, China's cotton price index rose by 210 yuan / ton yesterday, reaching 27911 yuan / ton, which has been rising or falling for two consecutive months.

Last year, China's cotton price index was 14045 yuan / ton, which means that the price of cotton is almost two times that of the same period last year.

"What is most puzzling is that the price of cotton now is like a wild horse with a rein in it. It runs all the way, and runs faster and faster.

Jia Fengmei, President of the Ji'nan textile and garment industry association, said that before the middle of September, although the overall trend of cotton prices was rising, it was also up and down. When the price rose, it would not exceed 100 yuan per ton per day.

Jia Fengmei said she had spent most of her life in the textile and garment industry, and never saw cotton prices rise like this.

In the past, the price of cotton was over 20000 yuan / ton, which was incredible. When the price rose in 2003, it did not exceed that price. Now, the individual varieties of cotton have exceeded 30000 yuan / ton.

In the first three quarters of this year, we benefited from the low price of cotton last year, the enterprises have stocks, and the international market has rebounded after the financial crisis. The economic benefits of Ji'nan textile and garment enterprises are all good, with an increase of 10% to 20%. However, the price of cotton is so high that next year, the situation is not clear.

"For cotton related enterprises, we will face severe market competition next year, and the cost pressure to shift the price of cotton to the downstream will be inevitable."

Li Hanli, deputy general manager of Qilu Hongye Textile Group, said that in general, a good strong enterprise inventory can only meet half a year's production demand, which means that next year, the clothing products made of high priced cotton will be the mainstream of the market.

"Clothing products will increase again or will be unavoidable. Consumers are the final bearers of price increases in many cases. This is no exception."

Zhang Qingwei, chairman of Shandong sailor apparel Co., Ltd. said that the slight rise in cotton prices in the first half of this year brought about 20% to 30% price increases for autumn and winter clothes this year. The increase in cotton prices in the second half of the year may bring about a doubling of the price of clothing next year. "After all, for textile and garment enterprises that are already in a completely competitive environment, there is little internal potential to digestible the rising cost."