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Cotton Prices Rose 90% In February; The T-Shirt In The Mall Rises To The Price Of Sweater

2011/1/7 10:53:00 409

Shopping Malls With Rising Cotton Prices

  “ Price rise ”It is an absolute keyword throughout 2010. Under the "cover" of soaring agricultural product prices, Clothes & Accessories The price rises quietly. When you enter the mall, you will find that the only money you can buy a sweater is a T-shirt; It used to be possible to buy a down jacket, but now it is only enough to pay for a cotton padded jacket; Even the original plan to buy long boots may have to be changed to short boots... Although clothing enterprises always talk about fierce competition and price increases, they are still rising.


Mr. Gao, who runs a brand men's clothing store in Guangzhou, said: "In 2010, we heard the most words in the industry is how much the fabric has increased!" Since September 2010, the price of cotton yarn has skyrocketed, rising 15% - 20% every month. Like a cotton T-shirt, the fabric that used to cost more than 20 yuan has doubled. In addition, chemical fiber, silk, wool and so on all rose sharply.


"Our price increase in 2011 will not be less than 30%, and I know some brands will increase by 40%." Mr. Gao said that last year, a large part of raw materials were still digested inventory, while the cotton price increase in the second half of last year will be transmitted to terminal sales this year.


Since 2010, Zhengzhou has the most vigorous trend among various futures varieties cotton Under the influence of domestic production reduction expectation and India's suspension of export registration, cotton futures rose sharply from about 18000 yuan/ton in early September last year to 33700 yuan/ton in the year, up nearly 90% in two months. In the middle of November, under the pressure of the government's policy of controlling inflation, it has now fallen back together with other commodities, hovering between 27000 yuan/ton and 28000 yuan/ton.

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