Experts Predict That The Price Of Spring And Summer Clothing Will Increase Next Year.

The national development and Reform Commission said in December 3rd that the average price of domestic grade cotton lint dropped to 26300 yuan per ton in December 2nd, which was down 4700 yuan from 31000 yuan per ton in November 9th, or 15.2%. The momentum of speculation was initially curbed and the order of circulation improved.

Facing the dramatic changes in cotton prices in recent years, China Spin Xu Wenying, honorary president of the China Association of cotton textile industry association, pointed out that this is the revised regression after the excessive speculation in the pre market. Earlier, soaring cotton prices brought huge market risks. This rise is not driven by rigid demand, and it will fall back from the fundamentals of supply and demand. In addition, the impact of national macroeconomic regulation and control measures is also an important factor.

Although cotton prices began to "fever", but clothing prices did not decline. Insiders said that although the price of cotton has been adjusted, it is almost impossible to return to last year's low point. Clothing prices will not drop under the premise that labor and transportation fees have not dropped.

In a large clothing market in Beijing, "the rising price of goods" has become the "pet phrase" of every store owner. "This stocking can be sold at 15 yuan last year, less than 20 yuan this year." A salesperson at a stocking shop said that all this was due to a rise in the price of goods.

Mr. Wu, a clothing store owner of Wu AI street, Shenyang, said that although they had learned that Cotton price News of the decline, but clothing prices are still strong, from manufacturers feedback news, clothing temporarily no signs of price cuts, part of the price of winter clothing is even rising.

Miss Liu, director of the planning department of a clothing enterprise in Fujian, said that from cotton to clothing had to go through dozens of processes, so the price of clothing had a certain lag. In addition, clothing enterprises usually purchase raw materials in advance for half a year or even a year. At present, most of the raw materials of enterprises are purchased during the rising period, so the price of clothing will not drop in the short term. She also believes that even if cotton prices fall, it is difficult to drop to last year's low point, plus labor costs, transportation fees are rising, so the rising trend of clothing is difficult to curb, it is expected that next spring price will continue to rise.

Yang Shuqiong, Secretary General of Sichuan apparel (apparel) Industry Association, said that although the soaring cotton prices are now temporarily "down", but because cotton prices are still at a high level, many garment manufacturers still feel pressure, and even dare not take orders. She pointed out that from Sichuan, the rise in cotton prices coupled with rising costs of dye and labor has led to an increase of 3 to 4 per cent in factory clothing prices. However, in order to stabilize their customers, many enterprises have raised their factory price by only about 10%-15%. The return of cotton prices is good news for clothing companies, but the pressure is still great.

Industry analysts believe that this year's cotton production reduction is a foregone conclusion, although there are policy interventions, but cotton prices will not continue to decline. Coupled with the coming of the peak season for clothing sales, clothing prices are not expected to decline, but on the contrary, they may still rise slightly.

At the just concluded Humen Costume Trade Fair Many clothing brands have said that the price of spring and summer clothing will increase by 5%-20% next year.