Cotton Futures Are Rising Against The Trend, Followed By Clothing Prices.
Cotton prices, which had cooled down after policy adjustment at the end of last year, have recently increased again, "cotton." futures The recent trend of contrarian rise, international cotton futures have 3 days of daily limit, domestic cotton futures also re boarded an important juncture of 30000 yuan / ton.
Industry people forecast that the situation of cotton prices in high position will continue after the year, this year, the price of clothing will also rise.
Despite the second half of 2010
Cotton price
Under the control of the steady decline, but in the terminal sales link, clothing prices are still soaring.
The annual reports of apparel listed companies show that the clothing factory price is generally raised, ranging from 10% to 20%, due to the rising cost of raw materials and labor.
Although the price of cotton has dropped somewhat compared with last year's high level, the price of clothing is still rising this year because of the expected increase in cotton prices.
The market supply worries and the recent weakening of the US dollar once again raised the rebound in the cotton market. Despite the approaching of the Spring Festival holiday, the domestic cotton textile enterprises' suspension of work and holiday gradually increased, and the possibility of a continuous increase in the price before the festival was not too great, but the long-term target of cotton prices remained unchanged.
Insiders say that the trend of cotton price increase has become a consensus under the combined forces of multiple factors.
"Autumn and winter clothing price increase in 2010 is generally over 10%."
Insiders pointed out that most brands with market bases can pass the pressure of rising raw materials through raising prices and new strategies.
However, in the case of price changes still can not keep up with the cost growth, the industrial upgrading of textile and garment enterprises is imminent. "The fluctuation of cotton prices has made many small and medium-sized textile enterprises aware of the improvement."
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