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Brazil Expects Cotton Prices To Increase Costumes By 30%.

2011/7/29 16:20:00 42

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According to the reports of Pakistan media on 20 (7) 20, the price of clothing is likely to be 10% to 20% higher than that of last year because of the rising cotton prices.

The next summer clothing exhibition (FASHIONRIO) launched in Rio last week will be launched in August this year.

Since 60% of Brazil's domestic textiles and clothing are based on cotton, the price rise of textiles 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 Brazil

textile industry

It is estimated that Argentina's textile exports to the country may be reduced by 15% this year because of the protective measures taken by the Brazil. If Argentina continues to take protective measures, the Brazil industry's losses could reach US $sixty million this year.

Because both Argentina and Brazil are members of the common market of South America, many of the goods of the two countries can pass through the border between the two countries when they lose each other, but now both countries are protecting some of their markets.

Goods

Measures to restrict imports have been adopted, even if they are imported from member countries, they must apply for "non automatic clearance permit" (LicencasNaoAutomaticas), which is approved at least 60 days and slowest to 150 days.

Argentina is the main exporter of Brazil textiles, and Brazil exported to Argentina last year.

textile

There are four hundred million dollars.

What worries Brazil's textile industry is not only the reduction in exports to Argentina, but also the competition in the import of textiles from the mainland of China, because the mainland's textile industry has entered the Brazil market with a cheap offensive. In the 1-4 month of this year, the import of textiles in Brazil increased by 33% (most of which were imported from China), but the export of textiles in Brazil increased by 5.8% during that period.