Autumn clothing suffers from "the sequelae of cotton prices"

According to industry sources, the price of cotton has fallen by nearly 40% since March, but in fact, most of the autumn clothes are produced using spring cotton. It is reported that due to soaring cotton prices last year, many cotton companies have blindly stockpiled large quantities of cotton. Now, the fall in cotton prices has caused the production cost of enterprises to increase significantly, leading to higher prices for products.

During the National Day, new autumn clothing will be listed one after another. Consumers visiting shopping malls and specialty stores may find that the autumn prices listed this year are not cheap, and a slightly better jacket does not buy seven or eight hundred yuan.

The reporter learned that domestic cotton prices have fallen by 40% in the past six months, but autumn prices have risen by 20%. For no reason, autumn clothing suffers from "the after-effects of cotton price" - most of the materials are high-priced spring cotton. However, industry insiders predict that due to the current low cotton price, the spring price next year may be lower.

Quotes:

Listed autumn prices rose by 20% "Currently, the clothes can't be afforded. The coats in the mall should be worth $7 or $800." Mr. Xu is an ordinary business owner on the professional zipper street in Yiwu, the night before his girlfriend. Accompanied by his visits to major shopping malls in the city, he walked down to find out that the prices of new autumn jackets were prohibitively high. The cheapest ones are five or six hundred dollars, and the high ones are several thousand dollars. Mr. Xu even said "Don't go shopping."

During the "11" period, the reporter saw several shopping malls and some brand clothing stores in the city. Almost all the merchants put the newly-listed autumn clothes on the counter in the most eye-catching position. Although the National Day promotion hit a 6 to 10% discount, but the autumn price is really not low.

In a shopping mall near Xiuhu Square, the reporter picked up a thin man's jacket and the price was close to 800 yuan. Counter salesmen said that men's jackets are very common, but last year, five or six hundred dollars will be available. In addition, women's clothing has a small increase due to relatively large discounts, but coats over a thousand dollars are also more common.

In addition to shopping malls, streetwear stores and autumn clothing on the professional wholesale market also generally raise prices. "This autumn, the price has risen by about 20%." A store owner said on the Yuyuan Road. Among the sports brands, the latest news from Li Ning Company stated that in the fourth quarter, the price of footwear products will increase by 7.8%, and clothing prices will increase by 17.9%.

Merchant:

The new materials use spring cotton to produce branded clothing, and cotton is essential. “The prices of autumn clothes are all due to the high cotton prices.” Mr. Yang, a clothing business owner of Yiwu Liyuan Market, has a small garment processing factory in Hangzhou. According to him, since the second half of last year, the price of cotton has risen, and cotton-containing garments have increased in price, with an average increase of 20% year-on-year.

It is understood that domestic cotton quotation was about 18,000 yuan/ton in September 2010, and it has been rising since then. By March 2011, the quotation exceeded the 30,000 yuan/ton mark, reaching the highest value in ten years. At that time, industry insiders predicted that cotton prices may continue to climb. Fortunately, since April of this year, the domestic cotton price has dropped significantly and it has now fallen to around 20,000 yuan/ton.

However, what is puzzling is that the price of cotton has fallen back. Why does the price of autumn fall?

Ms. Lou, who runs the cotton socks business in Yiwu International Trade City, introduced that autumn and autumn socks that were just listed were mostly for domestic sales, while domestic products were generally stocked. In other words, it was produced as early as a few months ago. At the time, the cotton or cotton yarns purchased were at a high price, which was also the main reason for the strange phenomenon of “falling cotton prices and rising prices in autumn.”

According to industry sources, the price of cotton has fallen by nearly 40% since March, but in fact, most of the autumn clothes are produced using spring cotton.

It is reported that due to soaring cotton prices last year, many cotton companies have blindly stockpiled large quantities of cotton. Now, the fall in cotton prices has caused the production cost of enterprises to increase significantly, leading to higher prices for products. Influenced by this, it is reasonable to expect that the prices of autumn clothes will rise.

Some textile company officials said that it will take some time for cotton prices to fall from the upstream to the textile companies. At present, the cotton used by textile enterprises is mostly high-priced cotton bought in the first half of the year, when the cotton price was about 30000 yuan per ton.

trend:

After the spring and summer clothing or price reduction in the fall next year, the weather turned cold. In these two days, many citizens rushed to shopping malls or specialty stores to purchase new clothes. The autumn and winter clothing industry began to usher in the peak season.

Domestic cotton is mainly planted in the north. Due to the good weather in recent days, the large number of cotton picking regions in the north is listed and the cotton market has sufficient supply. Therefore, it is unlikely that cotton will rebound sharply in the short term.

The reporter learned from the operation of some textiles and cotton socks that although autumn and autumn socks containing cotton are increasing in price, most of the company's inventory products will be digested during the autumn sales of the current round, and the purchase price will be lower. Raw materials such as cotton or cotton yarn.

At present, the domestic cotton price is around 20,000 yuan/ton, and some provinces and cities have even been quoted before the skyrocketing price. Some ** analysts believe that due to better domestic cotton production this year, more goods, and there is no hot money speculation, cotton prices in the next period of time, or at a low level.

In the field of production, some manufacturers and business operators tend to purchase low-priced raw materials at their own discretion. According to the production and sales cycle, many manufacturers have begun to design and produce new types of spring and summer next year. Some industry insiders therefore expect that, on the one hand, the price of raw material cotton will fall, and on the other hand, due to the increase in prices caused by the spring 2011 inventory inventory, there will be a greater possibility of price reductions in the spring of next year, and the price reduction may reach 12%.

However, some businesses believe that under the conditions of high inflation and high production costs, the prices of spring and summer clothes will fall significantly next year.