Cotton Prices Rose 90% &Nbsp In Two Months; T-Shirts In Shopping Malls Rose To Sweater Prices.
" Price increase "Is the absolute key word running through 2010. Under the cover of a round of rising prices of agricultural products, Clothes & Accessories Prices are rising quietly. When we enter the shopping mall, we will find that we can only buy a T-shirt for the money that we can buy a sweater. We could buy a down coat, but now we only pay for a cotton padded jacket. Even the original plan to buy boots is a short boot. Although garment enterprises always keep the price of competition hard to speak up, it is difficult to rise.
Mr. Gao, who runs a brand menswear store in Guangzhou, said: "in 2010, the most widely heard phrase in our industry is how much fabric has increased." from September to September, cotton yarn prices were soaring, increasing 15%-20% every month.
Like a cotton T-shirt, the cloth that used to cost only more than 20 yuan has doubled now.
Besides, chemical fiber, silk and wool have all risen.
"The price increase in 2011 will not be less than 30%. I know that some brands will increase by 40%."
Mr. Gao said that a large proportion of raw materials were still digested inventory last year, and the increase in cotton prices in the second half of last year will be pmitted to terminal sales this year.
Since 2010, the most intense trend among various futures varieties is Zhengzhou.
cotton
Under the influence of domestic production reduction and India's suspension of export registration, cotton futures started a sharp rise in the first half of September, rising from 18 thousand yuan to about 33 thousand and 700 yuan per ton, and nearly 90% in two months.
In mid November, under the pressure of government inflation control policy, it has now come down with other commodities, hovering between 27 thousand yuan / ton - 28 thousand yuan / ton.
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