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    Cotton Prices Soared &Nbsp; Guangdong Clothing Companies Were Forced To Raise Prices.

    2010/10/29 15:22:00 49

    Cotton PricesClothing Enterprises Raise Prices

      

    Cotton price

    Skyrocketing

    Clothing enterprise

    Forced increase in cost


    The strongest cold air has been "killed" since the autumn of this year. Cold air has already affected Guangzhou.

    Reporters visited yesterday.

    Guangzhou

    In some department stores, cashmere, woolen clothes, overcoats, quilts, electric fans and other winter goods were placed in a prominent position.


    "The prices of clothes, shoes and socks, towels and so on this autumn and winter have increased." Li Yi, a consumer, told reporters that she had recently prepared some warm clothing for her grandson, and bought the same brand and same style clothes and shoes at the same store last year. The prices were higher than last year. For example, a pair of back cloth shoes sold for 35 yuan last year and 45 yuan this year, or 29%, and a long sleeved cotton bottled up 60% this year.


    Reporters yesterday from a number of local shopping malls, clothing brand enterprises confirmed that this winter commodities have increased prices, clothing and cotton quilts have reached a range of about 10%.

    Some clothing companies claim that not only autumn and winter clothing, but also next spring, summer and autumn, all the price increases, the average industry rose by 20%.

    Insiders pointed out that the loss of cotton on the upper reaches this year, coupled with the speculation of idle funds and the acceleration of RMB appreciation, caused the price of cotton to soared one or two times this year.

    In addition, under the driving force of cotton prices, other clothing fabrics such as chemical fiber have also risen to varying degrees.

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