Cotton Prices Plummeted, Summer Price Is Still Strong, &Nbsp, T-Shirts Are Hundreds Of Dollars.
In less than 4 months, the price of cotton yarn has gone down by 30%, but this week it has been listed on a large scale.
Summer wear
The price has not dropped, but it has increased by 2-3% over last year.
Recently, many people are becoming more and more aware that the price of summer wear is a bit high.
Insiders pointed out that the highest price of cotton yarn this year is 50% higher than that of last year.
clothing
Corporate profits fell by 5%.
In this year's cotton price "abnormal" ups and downs, businesses and consumers began to complain privately.
Cotton price
The collapse of the summer price is still strong.
"The clothes are so expensive now that a T-shirt can be sold easily.
200 yuan or more. "
Yesterday, the reporter met Miss yuan, who lives in Henan road in Zhongshan Road Baisheng shopping center. She complained that the summer wear was on sale this week. She found that the price of summer wear has been greatly improved this summer.
Reporters found that more than half of consumers in shopping shops also complain about high prices.
Saleswoman Guan told a reporter helplessly, the price of clothes was rising all the way, and the price hike was inevitable.
"The price of an ordinary brand T-shirt this year is 30 yuan more than that of last year, and at least 50 yuan in sales.
It's nearly 30% higher than last year. "
During the interview, many consumers questioned, "is cotton price not falling? Why do clothes go up?"
The salesman said that the price of clothes made of cotton cloth is very high. Chiffon material can be slightly cheaper than 1-2, which is very popular with consumers recently.
Cotton yarn prices fell half of the garment factory
Why did the price of cotton drop, and the price of clothes went up instead of falling? Liu Yongquan, general manager of Qingdao red Ni group Fashion Co., Ltd., told reporters that the price of first grade cotton yarn was 34000-35000 yuan / ton, which was 30% lower than the highest price of 48000-50000 yuan / ton during the Spring Festival, but it was still high compared with the same period last year, and the price of cotton yarn last year was 23000 yuan / ton.
"The clothes sold nowadays are usually purchased during the Spring Festival when the price of cotton yarn is the highest, so the price of clothes will not drop now.
So the cost of the cotton fabric for this batch of summer clothing is 50%-100% higher than that of last year.
Liu Yongquan said, at the same time, the cost of manpower has increased by 15%-20% compared with last year, and freight rates have increased a lot over last year. "Cotton accounts for 50% of the cost of clothing, and the increase in cotton prices has exceeded the increase in clothing prices.
But enterprises can only "digest internally". When other clothing brands increase in price, we increase slightly. When other brands fall in price, we fall a little bit to balance the price of products.
The manufacturers do not dare to hoard cotton yarn now.
"We are not able to hoard when the veil price is high, and dare not hoard when it is low."
Liu Yongquan told reporters that when the price of cotton yarn was low, many enterprises worried that the price of cotton yarn would still drop.
"If you drop it again, you can put all the money in it."
Liu Yongquan told reporters that since the rise in cotton prices, many cotton yarn production enterprises are demanding cash spot, but the time of capital recovery is very long, from purchase to production clothing and then sell to at least 2-3 months, and now the bank loans are very tight, "like Hong Ni, this big business wants to loan is relatively easy, a small number of clothing enterprises may appear strand breaks."
The price of new cotton will drop before going public.
Yesterday, Bian Shenggui, Deputy Secretary General of Shandong Cotton Association, told reporters that cotton prices fluctuated for nearly half a month, much higher than the same period last year.
Bian Shenggui believes that the end of August and the beginning of September will be the time for new cotton to go on sale. There is still a gap from now. In order to make up for the shortage of stocks, some enterprises may buy hoarding, but once the new cotton is listed on a large scale, the price will be lower than that now, and the price of clothes will also drop slightly.
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