Cotton Prices In Chongqing Fell By Nearly 30% &Nbsp, While Summer Clothing Prices Are Still Rising.

Cotton prices, which were unattainable last year, have fallen since late February and have fallen by nearly 30% so far. Recently, reporters visited the market to learn that although cotton prices continue to fall, they have little impact on the retail price of clothing.

Yesterday, Cheng Qifei, vice president of Chongqing clothing association, revealed that the price of summer wear in our city increased by one to 20% compared to the same period last year.

This year

It is understood that in September last year, cotton prices such as helicopters in general, from 14000 yuan / ton to the highest 34000 yuan / ton.

"At that time cotton was not easy to buy, many downstream customers to grab goods, orders are not open."

Liu Wanjun, the chief of a cotton processing enterprise, told reporters that since the end of February this year, cotton price has dropped from 34000 yuan / ton to the lowest point of 22000 yuan / ton in the previous period, a drop of nearly 30%.

However, in the retail terminal market, the price of clothing has not declined due to the decline in raw material prices.

"The gauze skirt and Lace Trimmed clothes are more expensive than last year."

Ms. Zhang told reporters that the price of a cotton short sleeved shirt is now 35~60 yuan, which is 20 yuan more expensive than last year.

Reporters in some large shopping malls also found that this year's new summer wear prices are significantly higher than in previous years, some of the styles of clothing, as long as four hundred or five hundred yuan, this year rose to six hundred or seven hundred yuan.

"Compared with last year, the price of summer wear increased by 10% to 20% over the same period last year."

Cheng Qifei introduced that the wholesale price of only one dress rose from 110 yuan last year to the current 130~150 yuan / piece.

Affected by this, the profit of producing summer wear also dropped from 15% to less than 10%.

Cotton prices fell.

"Raw material prices will reduce the cost of garment enterprises in the long run, but they will not be immediately reflected in terminal sales."

Yang Yi, a clothing owner in Chaotianmen, said that although the price of cotton has dropped, it will take at least half a year to pmit to the garment making enterprises, and it will take another month or so to pmit to the retail market.

It is understood that as cotton prices fall, cotton purchasing prices have also declined.

"Do it in the near future"

"Clothing prices have risen this year, partly due to the sharp rise in cotton prices last year."

Another clothing owner in Chaotianmen, Zhu Xian said, generally speaking, clothing manufacturers will buy cloth in advance for several months. For example, the summer clothing sold in the market is usually purchased by the end of this year and early this year. The cotton used for these materials is the cotton that went wild last year.

Will the retail price of spring clothes fall next year due to the fall in cotton prices and fabric prices? Zhu said that the drop in cotton prices had little effect on the retail price of the clothes.

In the production of clothing, the increase of artificial and freight costs is much higher than the decline in the price of fabric. If other costs are not reduced, the price of spring will still rise next year.