India Garment Manufacturers Want Cotton Prices Down

< p > because of excess cotton, < a href= "http://www.91se91.com/news/index_p.asp" > India < /a > clothing manufacturers hope that cotton prices will decline and reverse cotton prices up for one year.

The India Cotton Association predicts that this year's output will be 38 million bales, and manufacturers are waiting for the price to fall, turning the benefits to buyers.

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< p > > cotton price has been rising as a key factor in deciding "a href=" http://www.91se91.com/news/index_c.asp > clothing price < /a >.

The price of 30 cotton yarn sold by the textile mill in September rose from 200 rupees this year to 240 rupees / kg in January.

Although the price dropped to 221 rupees / kg in November, most manufacturers did not get any benefit, because orders were usually booked six months in advance.

From year to year, benchmark 40 yarn prices have risen by 20%.

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< p > Mohan Sadhwani, executive director of India Garment Manufacturers Association, said that after the government allowed India to import raw cotton, garment manufacturers have been asking for duty free import of cotton yarn, and duty-free import as a measure of stabilizing prices.

There are many stakeholders in the supply chain, from cotton growers to clothing manufacturers. Therefore, it will take some time to implement this measure.

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< p > VARDHMAN textile company is a subsidiary of VARDHMAN, which is worth 52 billion 520 million rupees. The company's factory in Ludhiana produces 55 tons of yarn every day. The company says lowering the yarn price will depend on whether China will continue to restrict imports.

D.L. Sharma, managing director of VARDHMAN yarn and textile company, said that if China decides to reduce imports, yarn prices may decline.

About 60% of the yarn of the company is sold to domestic garment manufacturers, and the remaining yarn is exported.

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< p > > Louis Philippe brand director a href= "http://www.91se91.com/pioneer/" > Jacob John < /a > said that in the past two years, the supplier has raised the fabric price by 30%.

The Aditya Birla brand bought raw cotton and cotton yarn and fabrics, and then produced high priced clothing at its factory in Bangalore. The company said its clothing prices rose by 25% due to the rising cost of raw materials.

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K. Selvaraju, chairman of the India textile mill Association, said that so far this year, the supply of domestic garment manufacturers has increased by 15% and exports have increased by 49%, mainly due to the recovery of the US and British markets and the pfer of Bangladesh orders to India.

However, the price of cotton produced by domestic manufacturers may not be less than 38000 rupees / 356 kilograms.

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A. Shakthivel, chairman of garment export promotion committee, said that pricing is more important for garment manufacturers. P

Earlier, the sluice limited power and low production capacity hurt production.

But now textile mills have expanded production capacity, but labor shortages and cotton prices have become problems.

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< p > related links: < /p >

Less than P, Indonesia's textile and garment enterprises are mainly located in Bandung, West Java and Jakarta, mostly from Taiwan and Hongkong provinces, and most of them are from mainland China.

Bandung is the most developed city in the Indonesian garment industry. According to incomplete estimates, the annual output value of clothing in Bandung area accounts for more than 40% of its national clothing.

In recent years, due to the increase in labor costs, Indonesia's large garment factories located in East and West Java have chosen to migrate to areas such as JE and Java to form a multi flowering situation.

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"P > internal and external demand growth has stimulated the rapid development of Indonesia's textile, clothing and footwear manufacturers.

In terms of domestic demand, Indonesia's domestic political situation is stable and its economic development is strong.

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< p > over the past few years, the huge demand for textiles, clothing, shoes and hats has increased in the country's 240 million population, forming a stable domestic market. In terms of external demand, Indonesia's clothing and footwear products have a certain market in the United States, the European Union, Japan, the Middle East, Africa and other countries or regions.

As a major international famous brand production base, Indonesia's textile and garment exports averaged about US $13 billion over the past two years, of which US $9 billion was exported to the United States, with an annual growth rate of 13%. It is the top five in the United States.

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