Harbin: Cotton Price "Diving" Clothes Are Still Expensive, Labor Costs Rise

From March this year,

Cotton price drop clothing price is still rising

"Cotton prices have been falling down, and they don't know when it's the right time."

Speaking of cotton prices, Wang Yunfeng, manager of Harbin Huayi Knitting Co. Ltd. is even a little depressed.

When cotton prices have risen, textile companies have complained about it. Now that cotton prices have plummeted, can they take the opportunity to hoard goods? Wang Yunfeng immediately denied this "inertia thinking".

He said: "how much do we dare to hoard when cotton prices go up? Now cotton prices have plummeted all the way, but we dare not hoard.

Now no one knows where the bottom line of cotton price falls is, and the risk of hoarding is too great.

Wang Yunfeng said that the cotton prices fell sharply, the enterprises seemed to reduce production costs, many customers also asked for textile prices, but in fact, the cotton prices on the production line were generally higher than those seen by the outside world, and other costs such as labor, water and electricity, pportation and so on were raised this year.

"Autumn and winter clothing prices may rise by 10 points (10%) or so".

Big brands take the lead in rising prices

The reporter noted that when the price of cotton fell, Nike's latest quarterly performance report said that due to the rise in oil prices, labor costs and freight rates, the price of footwear and clothing products would begin to increase in the global market in the spring of 2012. The domestic sportswear giant Li Ning Co also said that due to the increase in wages and raw material costs, the cost is expected to increase by 20% this year and the product price will increase. The price of shoes and clothing products of PEAK sports brand in Fujian has risen by 5% to 10%, and Anta clothing has also increased slightly.

Controlling cost and using tapewood cotton

Because the expenditure of intermediate links is getting bigger and bigger, garment manufacturers have to look back on the quality of clothing.

According to Wang Yunfeng, the ups and downs of enterprises in the market will not work if they want to maintain the quality and price of the original cotton clothing.

Because "Huayi" underwear terminal is the wholesale market, it is not easy to sell a dime, but can only slightly "wronged" on the quality.

Therefore, the factory now reduces the purchase of pure cotton yarn, and buy more tapeo cotton, in order to control costs.

This is also the fundamental reason for the few cotton garments in the real estate market of our city.