Cotton Prices Fell By More Than 40% &Nbsp In Half A Year, While Many Garment Companies Shouted Against The Trend.

In August 9th, from March this year, the cotton price, which was once high, began a "downhill journey", from 34 thousand yuan / ton to the current 19 thousand yuan / ton, with a drop of 44% in half a year. However, recently, the survey found that despite the drop in cotton prices, the price of cotton spinning as the main raw material remained unchanged and there was even a rise.

　　 Textile enterprises are too scared to store up goods.

" Cotton price All the time, I don't know what time it is. " Talking about cotton price, Lake Clothes & Accessories Producer fan song is a bit depressed.

According to China's cotton net domestic price monitoring system data, the price of domestic 328 grade cotton dropped from around 29 thousand yuan per ton in February 7th this year to 19 thousand yuan in August 7th, diving nearly 10 thousand yuan per ton. The cotton price in August 4th was 19716 yuan / ton, which has fallen below the 19800 yuan / ton storage price this year. In March this year, cotton prices had risen to more than 34 thousand yuan per ton.

Cotton prices have risen and textile companies have been crying incessantly. Now that cotton prices are dropping, can they take the opportunity to hoard goods?

"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, store up and lose." Li Lin, director of the operation Department of a textile enterprise in Quanzhou, said that no one knows where the bottom line of cotton price fall is, and the risk of hoarding is too great.

According to another Quanzhou textile enterprise staff, Quanzhou There are several people in this industry who have lost a lot of money because of hoarding. So nowadays few people are so aggressive. Everyone is very careful and pays close attention to cotton prices and other people's movements.

Li Lin 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, so textile enterprises now feel that it is difficult to fight against the enemy.

　 Many clothes are not going up.

Although cotton prices have fallen sharply, the reporter has found that the prices of cotton spinning as the main raw materials are not only calm but also rising.

At the same time, Mr. Su, who represented many clothing brands, revealed that according to market rules, the price of autumn and winter clothing this year will probably increase by 10 points (10%). Mr. Lin, a businessman in Putian, who has been involved in clothing for more than a year, also said that cotton price is only a part of the price composition of clothing, accounting for less than 20%. Compared with the labor cost of 30%-100% increase, the fall in cotton prices can not affect the price of clothing at all. In addition, while cotton prices are falling, operating costs of other fabrics and store rents have risen to varying degrees, and cotton prices can not be reflected in the retail price of clothing.

The reporter noted that when the price of cotton fell, Nike's latest quarterly performance report said that due to the increase 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 average cost increased by 20% this year, and the product price would increase by two digits. The price of shoes and clothing products of Fujian brand PEAK sports brand increased by 5% to 10%, and Anta sports shoes and clothing also had a slight increase in price.