Cotton Prices Increase Chemical Fiber Follow Suit Some Companies Refused To Take Long-Term Orders

"For the first quarter of 2011,

It is understood that since the beginning of November 2010, cotton prices have risen all the way, and spot futures prices exceed 30 thousand yuan / ton, directly affecting the production cost of the textile industry.

Cotton spring clothing significantly reduced

In from March 26th to 27th, Miss Dong, who lived in Xincheng, was in a shopping mall in the city.

In addition, she found that she wanted to buy one.

Special staff introduced cotton quality in 2011

Cotton is skyrocketing and chemical fiber follows suit.

I understand that clothing is being used more and more this spring, but synthetic fiber, one of the raw materials of synthetic fabrics, is also rising in price.

"Before the price adjustment of chemical fiber products is mostly affected by fluctuations in oil prices, and now the price of chemical fiber is followed by cotton prices."

A garment company, who does not want to be named, said.

Yuan Buxing, Secretary General of the city clothing trade association, said that because of the fast rising of cotton prices and other factors, the use of chemical fiber was increased in some fabrics at the last stage, so as to alleviate the cost pressure.

There are also enterprises that believe that the use of what kind of fabric is more popular with the market.

Wenzhou Weier Hao Clothing Co., Ltd. responsible person said that although more than 98% of the enterprise's materials are all cotton, but not because of rising cotton prices and other raw materials.

"The impact of rising cotton prices is for all garment enterprises, enterprises do not use chemical fiber fabrics, and consumer preferences, such as chiffon and other chemical fiber fabrics lightweight, new, not easy to wrinkle, many consumers love, enterprises will naturally consider the design of clothes."

Increase the added value to meet the expectation of price increase

Jida Textile Co., Ltd. is the largest underwear manufacturer in our city. The cotton yarn fabric is the main raw material of this enterprise.

Chen Cundong, chairman of the board, told the author that in order to reduce risks, Jida only accepted a short order of about 10 days. The price of the product was directly linked to the price of cotton on that day, and the cash settlement was made with the upstream suppliers of raw materials.

Chen Cundong said that the rise of raw materials has a great impact on enterprises. In the face of such a high price, enterprises can only adopt the method of "buying expensive and selling expensive" and receiving short orders. In fact, this is very bad for long-term planned production of enterprises. They are looking for a way out and trying to improve the added value of products.

This view has been recognized by many garment enterprises.

Li Daoyi, vice president of the city clothing trade association, said that in the face of rising prices of materials such as cotton and chemical fiber, many garment enterprises realized that by introducing advanced technology and equipment, reducing the consumption of water and electricity and saving costs, at the same time, we should increase the intensity of research and development products, speed up the investment of new varieties, eliminate old products, and increase the added value of products, thereby reducing the impact of rising prices of raw materials.