Brazil Expects Cotton Prices To Increase Costumes By 30%.

Because of the present cotton Price rises, so next summer clothing prices may be 10% to 20% more than last year, and some may even rise to 30%. Next summer in Rio clothing The FASHIONRIO was launched last week and will be on sale in August this year.

Since 60% of Brazil's domestic textiles and clothing are made of cotton, the price rise of cotton is the rise in prices of textiles and clothing. According to statistics, cotton prices rose 248% from 15 in September 30, 2009 to March this year, and 48% in the past 12 months. Cotton prices rose from 1.62 yuan per pound (0.454 kg) in January last year to 4 yuan in March this year, although the price dropped in April this year, it also had 3.54 yuan. (1 US dollars to 1.533 Brazil dollar)

In addition, according to the estimates of Brazil textile operators, because of the protective measures taken by Argentina, Brazil's textile exports to the country may be reduced by 15% this year. If Argentina continues to take protective measures, the Brazil industry will lose sixty million yuan this year. Because both Argentina and Brazil are members of the common market of South America, many goods can be automatically passed through the border between the two countries when they sell their goods to each other. But now the two countries have adopted restrictive import measures for some goods in order to protect their respective markets. Even if they are imported from member countries, they must apply for "Licencas Nao Automaticas" first. This license is approved for at least 60 days and slowest to 150 days.

Argentina is the main exporter of Brazil textiles. Last year, Brazil exported $four hundred million to textiles in Argentina. The textile industry in Brazil is worried not only about exports to Argentina, but also the competition for imports of textiles from mainland China, because the mainland's textile industry has entered the Brazil market with a cheap offensive. From 1-4 this year, the textile imports in Brazil increased by 33% (most of which were imported from China), but Brazil's exports during this period were very low. Spin Products increased by 5.8%.