World Cotton Prices Continue To Climb &Nbsp; Japan Is In A Dilemma.

December 18th, according to Japan's Sankei news, December 15th:

The fiber prices of cotton prices are due to a decrease in cotton production and poor crop production caused by bad weather, resulting in a mismatch in supply and demand.

Between 2009 and 2010, the demand for cotton was 3 million tons more than the actual supply.

In addition, the restrictions on cotton output by another major cotton producing country in India make the situation of insufficient supply of cotton worse.

Since October this year, cotton prices in New York futures market have risen by more than 40 cents per pound, and in November, the value of more than 1.5 dollars per pound for many consecutive days.

The A, which reflects the actual paction price, also exceeds the standard of US $1.65 per pound.

Some people believe that cotton is largely being speculation as an object of speculation.

Manufacturers and retailers said that the rise in clothing prices was totally helpless.

Gunze, an underwear production giant, has taken measures to reduce production losses and reduce production costs in order to offset the impact of continuous cotton prices.

But Gunze says it is very difficult to maintain the existing price.

"We have tried every possible way.

If this goes on, I am afraid it will become a competition between enterprises.

But now the deflation situation is grim, and it is not impossible to seek price cuts from the production workshop.

The director of Gunze said with a bitter smile.

The president of other textile companies also said that buyers had said that if prices were increased, they would change their partners.

Companies are suffering from the dilemma of increasing pport costs and deflation.

In view of the clothing that is being sold, the leisure clothing giant UNIQLO said that because of the control of raw materials at the stage of commodity development, there was no intention of raising prices.

But for new products, UNIQLO said that if the rise in costs caused by rising cotton prices can not be offset by cutting other costs, it is not possible to raise prices.

The head of the department store in Osaka said that several manufacturers had heard that the situation was grim now.

"Although it is said that clothes such as cotton underwear may start to rise in price this winter, if only one of us rises in price, it may lead to a decline in sales.

So we can't easily raise prices.

He sighed.

According to the current situation of cotton prices continuing to climb, Ogasawara Yuki, head of the Department of butterflies functional department, said: "if supply and demand can be balanced, cotton prices may decline in 1 to February 2011, but it is hard to predict whether they can fall back to the level before prices rise."

He also noted with concern: "after the rise in cotton prices, the price of foreign cotton products has increased by two to 30%.

But Japan has always been reluctant to raise prices, and manufacturing has been filling holes in the cost increase.

In case of the depreciation of the Japanese yen, the small and medium textile and garment companies in Japan are easily bankrupt. "