The Cost Pressure Of Fuzhou Garment Industry Has Led To A 20% Rise In Wholesale Prices.

According to China's cotton net statistics, in May 26th, the national cotton price weighted index increased by 35% over the same period last year, a record high since 2004.

As the main raw material of the textile industry, cotton prices have risen sharply, and the trend has not been reduced. The cost pressure of Fuzhou garment industry has increased a lot.

Affected by this, yesterday, reporters learned from the major wholesale clothing markets in Fuzhou, compared with the same period last year, the wholesale price of summer clothing this year generally rose, or more than 10% to 20%.

Autumn winter clothing will increase even more.

"Don't look at expensive clothes. Our profits are even thinner than before."

In the wholesale market, a number of clothing wholesalers confirmed the price of clothing to reporters.

In the wholesale market, Chen Su, the boss of children's clothing business, told reporters that the price of her brand of pure cotton children's clothing in Guangzhou has risen by 5% since the beginning of March.

"The rise in cotton prices has already had a great impact on enterprises, and the pressure of rising costs has begun to show."

Chen, a woman clothing manufacturer in Fuzhou, said that the rise in cotton prices reflected the downstream products, which usually took six months.

This summer dress has a little influence.

But now it is producing autumn winter clothing. The products used in autumn and winter are far more than the summer products. 1 kilograms of raw materials can produce 10 sets of summer products, which can only produce 2 sets of autumn and winter products. The cost pressure of enterprises is becoming more and more obvious.

Cotton prices rose by 30%, and the retail price of clothing should be raised by at least 20%.

Chen predicts that clothing will probably increase by about 20% in the second half of the year.

Many cotton companies suspend production

Clothing wholesalers in Fuzhou are having a bad time. Clothing manufacturers are also very entangled recently.

Chen Zhanlong, executive director of Fuzhou dappa Clothing Co., Ltd., told reporters that the impact of cotton growth this year, the fabric also rose, with an example of fabric, last year 26~27 yuan / yard (equivalent to 0.914 meters), this year rose to 30 yuan / yards.

In addition, labor and rentals have also risen this year, and the cost pressure is not small.

He Renjiang, chairman of Fuzhou ho bin Meng Clothing Co., Ltd., admitted that the brand clothing increased by about 10% this year, due to the impact of raw materials.

According to the survey of the China Textile Industry Association, since March this year, some small and small cotton enterprises have stopped buying orders, and many looms have stopped one after another, and the operating rate is decreasing.

Some textile enterprises appeared "cotton yarn making money, gray cloth loss" phenomenon.

Many cotton enterprises are now suspending production.

Over reliance on imports leads to bitter fruit.

Fuzhou garment industry association responsible person said that cotton rose several reasons, India announced that no export is the main reason for price increases.

India exported 1 million 200 thousand tons in 2009, but in the first half of April this year, India signed an export order to 1 million 300 thousand tons. Therefore, India announced the suspension of exports.

In 2009, China imported about 800 thousand tons of cotton from India, accounting for 50% of the total imports. The excessive dependence on cotton in India has led to this embarrassing situation.

The gap between supply and demand caused by domestic cotton production has not been made up by imported cotton. The rising cost of cotton planting and the occurrence of large scale disaster weather have led to uncertainty in cotton production in the new year. Moreover, the cotton inventory in the textile industry is relatively low.

Under these factors, domestic cotton prices continue to rise.