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Guangzhou: Spring Clothes Cost 20% More.

2011/3/1 9:47:00 62

Spring Clothing Price Market

Spring is coming.

Guangzhou

During the season of replacement, however, this year's spring clothes are under the conduction of high cotton prices.

Price

It costs a lot.


Yesterday, the National Bureau of statistics released data last year.

cotton

Output fell by 6.3% to 5 million 970 thousand tons.

Affected by the decline in output, cotton prices in spot and futures markets have continued to rise since this spring.

Spot cotton prices again stood on the 30 thousand yuan / tonne pass. Yesterday, Zheng cotton futures followed a strong rise in the US cotton futures and went on trading in one fell swoop.

Market participants believe that the fundamentals and technical aspects of short-term cotton are conducive to their continued growth.


The linkage effect of downstream clothing prices has also appeared.

Reporters recently visited Guangzhou thirteen rows and the cotton wholesale market found that many stall owners said that this year's spring clothes take 20% of the price.


Take up the price of goods, store owners want to change.


Every season will buy a batch of new Liu Xiaojie to go to the square to search for good harvest, she said, "no matter the price of the brand shop, or the price of the nameless shop, it costs a lot, and the price is hard to cut down."

Miss Liu said reluctantly that wages had not risen and could only control the total amount, reluctantly cut off love and bought two pieces.


The rise in clothing prices not only increases consumer spending, but also many shops lament the difficulty of doing business.

A lady of a clothing store, who is pointing to a cotton dress, told a new express reporter: "a skirt like this year will be able to get the goods by more than 50 yuan this year. It will take more than 60 this year, at least 20%."

Another shopkeeper told reporters at the same time, "clothing business is becoming more and more difficult to do, so do not enter spring clothes, ready to change to do other things."


Recently, a lot of shopkeepers said that because of the cost reasons, the wholesale price of clothing this year is much higher than that of previous years, and generally rose 20%-30%.


Decline in production and support for cotton prices


Cotton prices climbed all the way last year, and the annual increase nearly doubled, much higher than that of other agricultural products.

Analysts believe that the decline in cotton production is expected to cause an important reason for soaring cotton prices.


Yesterday, when the National Bureau of Statistics announced the reduction in cotton production last year, it also said that the cotton planting area decreased by 100 thousand hectares to 4 million 850 thousand hectares last year.

At the same time, customs data also showed that 1 million 277 thousand tons of cotton were imported last year, an increase of 49.9% over the same period last year, and cotton imports increased by 31% in January.

At the same time, the international cotton price is also helping.

India sharply lowered the expected cotton production this year, and the US Intercontinental Exchange cotton futures were trading on Friday.


Supported by the above factors.

Zheng cotton also stepped out of its previous weakness. Yesterday, Zheng cotton's main contract jumped to 31155 yuan / ton, and the all day oscillation rose. The market closed at the closing price, closing at 32435 yuan, and rose 2125 yuan / ton all day.

Active trading in the market, volume increased sharply to 1 million 278 thousand and 700 hands, holdings increased to 305 thousand.


On the spot market, the first textile net data showed that the domestic grade 328 cotton also stood on the 30 thousand yuan / ton mark, which rose by 10%-15% compared with the end of last year.


Data show that this year China's cotton production and demand gap will be as high as nearly 4 million tons, China Aviation futures analyst Shi Xiangling believes that the imbalance between supply and demand in the cotton market will support the price.


Appealed to the state to introduce force policy


High cotton prices have also become an unbearable burden for manufacturers. Many small and medium-sized enterprises have called on the state to introduce force policy to curb cotton price rise.


Zhu Guomin, chairman of Wuxi natural textile company, said that most of the small and medium-sized knitted garment enterprises were unable to bear the current high cost of raw materials, and the competitiveness of enterprises was declining rapidly. Many small and medium-sized enterprises switched production, migrated or even stopped production, leaving the knitting clothing industry.

Zhu Guomin strongly appealed to the government to introduce corresponding effective measures as soon as possible, and severely suppress cotton prices.


The chief analyst of the first textile network, Wang Qian, said that the rising price pressure of the raw materials is being carried out to the downstream, such as weaving, printing and dyeing, clothing, home textiles and so on.

High cotton prices will accelerate the upgrading process of the polarization of textile industry.


Xinjiang cotton accounts for about 12% of the world's cotton industry, accounting for about 40% of the domestic cotton output.

Wang Qian suggested that the departments concerned should stabilize Xinjiang's cotton production and set up a cotton textile base in Xinjiang.

The minimum protective price policy should be formulated to reduce the cost of cotton pportation in Xinjiang.


It is understood that the Ministry of Agriculture said in December last year that it plans to raise the cotton planting area to 5 million 300 thousand hectares this year to increase cotton production.

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