Cotton Prices Skyrocketing &Nbsp; Chongqing Faction Clothing Price Increase 30%
"Cotton prices are crazy, cocoon prices are rising, and oil energy is also rising, leading to a surge in prices of all kinds of fabrics."
Wang Yong, executive vice president of Chongqing garment industry association, and chairman of Chongqing Di Wang Hua Garment Co., Ltd.
Fabric
Most of them come from Guangdong. The price of raw materials such as pure cotton, cotton yarn, chemical fiber and silk has risen by at least 20% this year.
"Buy 20 yuan per metre."
cotton
Now we have to pay 3-4 yuan more, plus the cost of labor and so on, the total cost of clothing has increased by about 30%.
Wang Yong said that the price of clothing has risen. This year, the price of clothing has increased by 30%. However, because of the overall price increase, many people have been unwilling to buy clothes by covering their wallets. In addition to the late summer this year, the overall sales volume of Chongqing garments has been reduced by at least 20%.
According to China's cotton price index, at present,
Standard cotton
The price has risen from less than 15 thousand yuan / tonne in February to 17289 yuan / tonne in May, while the price of standard cotton at the beginning of last year was only 10966 yuan / tonne. Since the beginning of last year, the cumulative increase has been approaching 60%.
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