The Rising Price Of Cotton Yarn Will Lead To The Rise Of Clothing Prices In India.

< p > because India has cancelled the "a" > consumption tax < /a > in March, the industry is optimistic about the declining trend of clothing prices. India garment industry is expecting consumers to benefit from this. In fact, clothing retailers have been operating under the pressure of rising raw material costs and falling willingness to consume. The reduction of excise tax can make clothing retailers breathe. However, the price rise of "a href=" http://news.sjfzxm.com/news/zhengce/20130506/340745.html "cotton yarn < /a" has made the industry once again hit hard. < a > garment manufacturers < /a > and exporters are considering increasing their product prices. The price will be raised by 10%~15% in the next few weeks, rather than the price expected by the industry. What bothers them is that clothing sales have been slowing down for a year. Once again, raising clothing prices will hurt India's domestic consumption enthusiasm. < /p >
< p > in the past two months, the price of cotton and cotton yarn in India has increased significantly, cotton prices have increased by 14% and cotton yarn prices have increased by 22%. Take 30 cotton yarns as an example, the current market quotation is 220 < a > rupee < /a > / kg, two months ago the quotation is 180 rupees / kg. Although garment manufacturers hope that raw material prices will return to normal, cotton yarn prices continue to rise in a spiral fashion in April, leaving exporters with no choice but to shift the burden of raw materials onto consumers. And because of worries about the stranding of orders, clothing retailers are in a dilemma. Whether in the domestic market or in the international market, the rising price of raw materials has affected their profits. < /p >
The worries of India apparel retailers also come from competition in the export market, including other Asian countries, such as < a > Bangladesh < /a > a href= "http://news.sjfzxm.com/news/fushi/ 20130505/340547.html" > Vietnam < /a > Indonesia, and < a a "P" > Kampuchea >. On the other hand, due to high cotton prices, China's domestic production of cotton yarn costs higher, China imported cotton yarn from India, which makes India domestic cotton yarn demand tightening. According to the statistics of the India government, in April 2012 ~12, India exported 758 million kilograms of cotton yarn, 20% higher than the same period a year ago. The Ministry of textiles of India Cotton Advisory Committee expects to export a record of 1 billion kilograms this year. < /p >