Cotton Prices Continue High &Nbsp; 2011 Winter Clothing Prices High Fever.

Cotton futures

The recent rise in the counter trend, the international cotton futures last week has three day limit, domestic cotton futures also re boarded an important juncture of 30000 yuan / ton ", the industry forecast that cotton prices will continue to run at a high level in the next year, clothing prices will rise this year.

2011 clothing prices or rising again

The price of winter clothing is high.

"A common thing in the mall.

Despite the steady decline in cotton prices in the second half of 2010, clothing prices continued to soar in terminal sales.

The annual reports of apparel listed companies show that the clothing factory price is generally raised, ranging from 10% to 20%, due to the rising cost of raw materials and labor.

Although the price of cotton has dropped somewhat compared with last year's high level, the price of clothing is still rising this year because of the expected increase in cotton prices.

"The shadow of soaring cotton prices last year is still in the shadow". Hu Haidong, deputy general manager of Zhejiang Xin Xin Garments Co., Ltd., who has soaked in the clothing industry for many years, told the Beijing Morning Post reporter that "clothing enterprises, especially export garment enterprises, often quote prices at the cotton price at that time, and cotton prices have changed at the time of production." many foreign trade enterprises of the downstream have not dared to take orders, and some small cotton spinning enterprises are facing a dilemma because of low bargaining power, so they have to choose to temporarily close the production line.

Domestic cotton futures once fell sharply at the end of last year after severe policy control, and then maintained a slight upward trend.

But from last week, cotton prices again showed a sharp upward trend. Last Friday, under the impetus of the external market trading, domestic cotton futures rose 4.17% throughout the day, and stood on a 30000 yuan / ton mark. In addition, cotton spot prices also increased slightly.

"Market supply worries and the recent weakness of the US dollar once again boosted the rebound in the cotton market in the recent period", interim analysts pointed out that despite the approaching Spring Festival holidays, the domestic cotton textile enterprises stopped working and holidays gradually increased, and the possibility of a continuous rise again before the festival would not be too great, but the long-term target of cotton prices remained unchanged.

"Textile enterprises are generally optimistic about the cotton market after the Spring Festival, and cotton merchants are reluctant to sell their emotions." insiders say that the trend of cotton prices has become a consensus under the combined forces of multiple factors.

This year's clothing price is raised by less than 20% {page_break}

"The rise in clothing prices in 2011 is still more reasonable in terms of digesting the cost increase in 2010 and less than 20% of the price increase."

Wang Qian, chief editor and senior analyst of China's first textile network, said that the price adjustment of clothing will also go to polarization, and that popularized commodities are difficult to raise prices, while personalized brands and manufacturers have more pricing power.

"Autumn and winter clothing prices in 2010 are generally more than 10%." insiders pointed out that most brands with market bases can pass the pressure of rising raw materials through raising prices and new strategies.

However, when price changes still can not keep up with the cost growth, the industrial upgrading of textile and garment enterprises is imminent. "The fluctuation of cotton prices has made many small and medium-sized textile enterprises realize the necessity of improving the technological content and added value of products."