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Brand Clothing Was Appreciated By &Nbsp; &Nbsp Because Of Rising Cotton Prices.

2010/9/11 13:08:00 113

Cotton And Cotton Market

 


Since the second half of last year, cotton prices have been rising all the way from the reduction in production. Taking grade two cotton as an example, the price has risen from 14000-15000 yuan / ton at the beginning of the year to 18000 yuan / ton, or more than 25%.


At the same time, domestic

Cotton futures

The price has also been raised to about 18000 yuan, which is the highest point since the listing. Many brands of clothing have been raised by this influence.


Cost increases and clothing prices follow suit


XTEP's semi annual report showed that the average selling price of clothing products increased by 13.9%.

Anta reported that the price of clothing products increased by 7.1% (RMB 49.6 yuan).

Li Ning Co also announced in June this year that the average retail price of footwear and clothing products increased by 7.8% and 17.9% respectively in the fourth quarter of this year.


It is not just brand clothing that has risen in price. In the wholesale sector, some clothing prices have gone up.

"It has risen by about 30% from the beginning of the year.

Wang Wenyong, who opened a small garment factory in Chengdu, said, "the most expensive ones are cotton underwear and so on. The wholesale price is 11 yuan to 12 yuan, and now it sells 15 yuan to 16 yuan.

"


I understand that

Cotton price

As early as the autumn of 2009, it began to rise gradually. As of early July this year, cotton prices rose by 30% compared with the 2008/2009 average price.

Affected by this, cotton yarn, cotton and other clothing processing raw materials prices also rise.

The price of cotton yarn was only 17 thousand yuan / ton at this time last year, and now it has risen to 28 thousand yuan / ton.


It is understood that in 2008, affected by the financial crisis, cotton prices were low, leading to a heavy loss of cotton growers, which resulted in a sharp decrease in cotton planting area and total production in 2009, and increased contradiction between production and demand.

According to the data released by the National Bureau of statistics, the output of cotton in China was 6 million 400 thousand tons in 2009, down by 1 million 100 thousand tons compared with the previous year, with a drop of 14.5%.

The rise in cotton prices began to appear in October 2009, and intensified at the beginning of this year.


The demand for cotton is very strong, and the stock is low at home and abroad. The contradiction between supply and demand is prominent. Cotton prices have dropped significantly in the short run.

At present, although the new cotton market is still 20~30 days away, cotton processing enterprises have been ready to fight for it, and the gunpowder for resources and customers has begun to grow stronger.


Export is blocked.

Order

Down 10%


It is not only the clothing sales enterprises in China that are affected, but also the clothing trade.

The United States, the European Union and Japan are the most important areas of textile and clothing consumption in the world, and also the main export market of China's textile industry.

But at present, there is no unexpected rebound in peripheral demand.


Under the overlapping of trade frictions, European debt crisis and RMB appreciation, coupled with the rising price of raw materials, the export situation of textile industry is not optimistic.

The responsible person of the Provincial Department of Commerce said that textile exports accounted for about 20% of the total export volume of our province, which was a large class of export products, and the rise in cotton prices undoubtedly had a great impact on the export of textiles.


Wan Weiping, chairman of the textile import and export limited liability company, said that the price rise of raw materials in the market after the revival of the market was particularly fierce and extremely urgent.

Take cotton as an example, it has risen from 13 thousand yuan / ton to 19 thousand yuan in just 5 months, and the company and its customers have calculated the paction price by 18 thousand yuan of cotton cost price. At present, the enterprise is at the edge of loss.


On the other hand, to offset the pressure of rising costs, domestic textile export prices have generally risen by 20%.

In order to find a bigger price advantage, many merchants have shifted their orders to cotton exporters India and Pakistan.

Wan Weiping reflected that business orders fell by around 10% compared with the second half of last year.

Rao Ting, general manager of red fruit clothing, said that the rise of cotton prices has made the enterprises feel a lot of cost pressure. Many orders can not be done according to the previous prices. "Now we are very cautious about placing orders, and the list that has been received is also not profitable because of the rise in cotton prices.

"

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