Summer Clothing Prices Rose In Jiujiang In March 2011

clothing

Clothing materials such as cotton and chemical fiber cloth.

Price

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The reason for the price increase is mainly from the imbalance between supply and demand.

As the largest textile producer in the world, the import volume of cotton has increased year by year, and last year, the floods in China caused a certain impact on cotton production, resulting in a reduction in cotton stocks.

Second, the rise in labor costs has also become another important reason for pushing up the prices of these products.

As the economy gets warmer and demand increases, there is a general shortage of skilled textile workers, which further increases labor costs.

In addition, the upgrading of brand image and the development of high-grade brand are also a factor of price increase.

Because of the fierce competition, many shopping malls are constantly upgrading their products, eliminating low-end products and developing high-end products, which will also make consumers feel the price rise.

According to the survey data, the purchase price of textile raw materials in Jiujiang increased by 2.1% in March, and this trend soon spread to terminal consumption. In March, the export price of Jiujiang textile products rose by 4%.