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Soaring Cotton Prices Lead To Price Rises In Autumn And Winter

2010/10/14 15:05:00 48

After "eleven", it is the autumn and winter

clothing

The season of the shelves.

But careful.

Consumer

It is found that the price of underwear, cotton socks and other cotton fabrics has generally risen about 20% this year.

Analysis of the industry, since last year, cotton prices have soared nearly 80%, or the main reason for the rise in prices in autumn and winter.

Keep warm

Underwear

Leading up

"A three gun thin underwear last year marked a price of 238 yuan, now it has risen to 258 yuan, conch, chrysanthemum underwear, prices have gone up."

When Ms. Han picked underwear, she found cotton prices generally rose.

Reporters learned that not only underwear, clothing, cotton socks and other cotton fabric prices have risen to varying degrees 10%-20%.

Data show that in August this year, the average selling price of ONLY brand was 269 yuan / piece, up 49.6% compared to the same period last year; the average selling price of VERO MODA was 336 yuan / piece, up 55.9% compared to the same period last year.

The average selling price of other brands has also risen to varying degrees. This autumn and winter new price will also maintain this growth momentum.

Cotton prices go all the way is the main reason.

Liu Yinfeng, Secretary General of Shanghai Textile Industry Association, said, "besides the human cost and price rise, cotton prices are rising all the way."

At present, the price of cotton has reached 25 thousand yuan / ton, an increase of nearly 80% compared with last year, reaching a new high in 11 years.

In September alone, the paction price of cotton rose from around 18 thousand yuan per month to about 25 thousand yuan per ton, or nearly 40%.

Do not exclude speculation factors of hot money

"The main reason for the rising cotton prices is mainly the reduction of cotton production this year.

Floods in many provinces in the South and the lack of cotton in the main producing area of Xinjiang directly resulted in the reduction of cotton production by two to 30% this year.

Liu Yinfeng introduced.

"Moreover, cotton production in India, which limits cotton exports, also directly leads to a shortage of cotton."

"Of course, it does not exclude the factors of artificial speculation.

Some enterprises bought cotton at a low price last year, hoarded for a while to sell it, and made 70 million yuan in less than a year.

Liu Yinfeng revealed.