Cotton Prices Fell 40%, Autumn Clothing Rose 15%, Labor And Pportation Costs Increased.

Cotton prices soared to nearly 35000 yuan / tonne's highest level in February last year, up to 70%, but from this year, cotton prices began to plummet. As of yesterday, cotton prices had dropped to below 21000 yuan / ton, and the price range was over 40%.

A long sleeved sweater is 188 yuan, a cotton pants 499 yuan...

Yesterday, when shopping mall saw some brands of autumn clothing prices this year, the public Miss Zhang was quite puzzled.

"Recently, the price of cotton at home and abroad has plummeted and the price of autumn clothing has gone up and down?" yesterday, I learned from the interview that autumn clothes had already started on the shelves in Shenyang, and prices rose by 15%.

Cotton prices soared to nearly 35000 yuan / tonne's highest level in February last year, up to 70%, but from this year, cotton prices began to plummet. As of yesterday, cotton prices had dropped to below 21000 yuan / ton, and the price range was over 40%.

"Recent cotton prices

During my visit, I found that although the weather is still hot, many of the brand clothing counters of many stores have put on new autumn clothes.

In several brand clothing counters, the author noticed that the clothing in the shop not only did not depreciate, but increased by 10%-15%.

Ms. Zhao, the owner of a brand of women's clothing, told the author that she had just finished the brand.

In addition to the rising price of women's clothing, some sports brands that have not risen for years have joined in the tide of price increase.

Nike's latest quarterly report said that due to the rise in oil prices, labor costs and freight rates, the price of footwear and clothing products will begin to increase globally in the spring of 2012.

Meanwhile, Li Ning Co, a domestic sportswear giant, also said that due to the increase in wages and raw material costs, the cost is expected to increase by 20% this year and the price of products will increase by two digits.

Almost at the same time, a number of sports shoes enterprises have coincide to "raise the sales price of footwear products", an average increase of about 10%.

Labor and pportation costs raise clothing prices

The head of a clothing company in Shenyang told me that the price of cotton has indeed reduced the cost of enterprises in recent years, and the profit space has increased. However, the company's finished products are all raw materials from the past and have not benefited, so there is no intention of reducing prices at present.

In October last year, Lou Jinghong, Secretary General of Shenyang chamber of Commerce of clothing and textile industry, once said that the price of cotton as raw material will rise with the rapid growth of cotton prices. The fact also proves that the price of clothing in autumn and winter has increased by nearly 30%.

In the context of today's cotton price slump, why does the price of clothing keep rising?

Lou Jinghong told me that although the domestic and international cotton prices plummeted, but because the raw materials used by clothing enterprises are almost all reserves of high price period, and clothing enterprises usually produce products in advance for several quarters, the impact of cotton price collapse on garment enterprises is not big.

"From the current autumn listing, we can see that there is no price drop, but on the contrary there is a certain increase.

For garment enterprises, inflation pressure is greater, and labor costs and pportation costs increase, price reduction is basically impossible.