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Cotton Prices Increased By 25%&Nbsp; Textile Prices Rose.

2010/5/20 9:37:00 27

Cotton

Since the second half of last year, cotton prices have been rising all the time, due to the reduction in production.

It is understood that the current price of only two grade cotton has risen from 14000~15000 yuan / ton at the beginning of the year to 17500 yuan / ton, or up to 25%.


"The raw materials we need to make garments are pure cotton, which is rather annoying now."

Chongqing early rain clothing company staff told reporters that cotton prices rose, the price of pure cotton cloth rose 20%~30% compared with the beginning of the year.

Chongqing Jinyun Weaving Co., Ltd., also responsible for the introduction of two cotton, for example, at the beginning of this year, the price of 14000~15000 yuan / ton, and now has risen to 17500 yuan / ton, or 25%.

"Now the price is 17500 yuan / ton can not get cotton."

According to the analysis of the head of the operation Department of Cotton Corp, the new cotton will only come out in September and October. 50% of the cotton needed by our textile enterprises is from Xinjiang. The cotton production area has been reduced since the year before last, and the production area has reduced the planting area. In addition, due to the tight pport of cotton and train, and India's announcement that the export of cotton will be temporarily stopped and the supply of international cotton is tight, this year, domestic cotton prices are rising all the way.


The cost pressure caused by the rapid rise of cotton prices has been pferred to textile, garment production and other processing links.

"The amount of cotton and cotton batting we need for bedding is about 70~80 tons."

The director of production department of Cotton Corp said that the price of cotton cloth alone increased by 0.7~0.8 yuan, and the production cost of the company directly increased by nearly 10%.

The responsible person said that the cost of bedding increased by 10% due to the increase in cost.

According to the sales director of Chongqing YOUNGOR clothing Limited company, according to the current cotton price rising trend, the pressure of production cost will increase. If the price continues to rise before the new cotton comes out in September, the price of clothing will definitely increase.

The director said that cotton prices have been rising since last September, and the price of YOUNGOR's cotton shirts has been raised by 5%~10% in October of last year. As to whether the price will be adjusted at the moment, the director said he had not received the notice of the head office's price adjustment.

The head of the IELTS clothing company also said: "if cotton prices continue to rise, the price increase of products is also a natural thing."


"Of course, textile and garment enterprises can also digest the pressure brought by cost growth by adjusting the product mix."

He said that if the price of the terminal products was raised solely, it would be very helpful to ease the pressure of the production enterprises.

Tuo Deyun believes that textile enterprises can reduce the use of cotton materials, or increase varieties, such as the production of polyester, chemical fiber as raw material products, "if we all aim at cotton products, the development of enterprises is also unfavourable."

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