The Price Of Cotton Has Soared And Shoe And Clothing Enterprises Have Been Raising Their Prices.

October 13th, "11 days or 21 thousand yuan per ton."

In addition, cotton prices continue to rise, has begun to clothing, quilts and other products pmission, and some of Jiangxi's textile and garment enterprises dare not start, or even give up orders, experts say, cotton prices will be swallowed up the advantages of Jiangxi textile and garment industry.

Price rises in autumn and winter

"Shirt 368 yuan, T-shirt 169 yuan", looking at the price tag on clothing, shopping in the street to buy autumn clothes lady surprised, last year the same brand, almost style long sleeved shirt sold only 200 yuan, but this year it will be 300 yuan.

Ms. Le bought some clothes at random, which cost 30% more than last year.

This autumn, not only clothing prices are rising, but also the price of bedding and other cotton products.

Many clothing stores, supermarkets and stores in Nanchang feel the pressure of price.

Fan Yue, head of Nanchang clothing brand, told reporters that the price of new cotton clothing has increased by about 10% even in comparison with spring clothes this year.

It is understood that the most direct reason for the rise in clothing prices comes from the soaring prices of raw materials and cotton. Since September last year, domestic cotton prices have risen to the highest level in 10 years.

"I have been doing the textile industry for more than 12 years, and I have never seen the price rise of raw materials."

Mr. Luo, head of a textile enterprise in Nanchang hi tech Development Zone, said that cotton prices have been on a daily basis this year, and the price of orders is not known how to write.

Some textile enterprises give up foreign orders.

In Nanchang, a large part of textile enterprises received many orders as early as the beginning of the year.

"I thought it would be very nice to have so many orders this year, but the cost price at the beginning of the purchase is quite different now."

Zheng Yicheng, head of the workshop of Nanchang Hengxing cotton textile mill, said that the price of a cotton vest was 10 yuan, and now the cost of raw materials should be increased by two yuan plus the increase of workers' wages and water and electricity charges. Finally, the cost of products will be raised by about 10%.

"Originally the output is not big, has always been how many orders to produce, now the raw material price is too high to imagine."

Zheng Yicheng said that because the price of cotton is still rising, their profits have been shrinking again and again, and now they are planning to stop production or give up some foreign orders.

During the interview, the reporter learned that, like Zheng Yicheng, cotton prices were skyrocketing, giving up orders is not an isolated case.

A person in charge of the textile industry department of the Jiangxi provincial industrial and Commercial Commission told reporters that before the national day, cotton prices rose by about 500 yuan a day. After the National Day holiday, the price of cotton per ton rose by about 300 yuan per day. At present, the price of cotton in Jiangxi is basically consistent with the domestic market, and has reached 23 thousand yuan per ton, hitting a new high in the past ten years.

At present, the price of cotton is still rising. In the case of cotton prices one day a day, the profits of enterprises will not be guaranteed. Naturally, enterprises will give up orders.

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Three reasons to push up cotton prices

"Cotton price rise started around September 2009, which is mainly due to three reasons."

Yang Jine, director of the textile industry department of the Jiangxi provincial industrial and Commercial Commission, believes that, first of all, the textile industry is the fastest recovering industry in all sectors of the financial crisis. Due to the reduction of cotton production in the United States and other countries, there is a real demand for cotton raw materials and materials in the international and domestic markets, especially for many people's expectations of the appreciation of the renminbi, which has intensified the rise in cotton prices.

"Another is speculation."

Yang Jine believes that at present, cotton has become another agricultural product after soaring prices of products such as mung bean and garlic.

"Production gap, supply is tight, so it is no wonder that the opportunity to smell business opportunities has long been involved in cotton."

Finally, Yang Jine believes that in recent years, the cost of agricultural chemicals, fertilizers and other agricultural costs is also a reason for the rise in cotton prices.

Cotton prices skyrocketed to reduce Jiangxi's textile competitive edge

"Textile and clothing are labor-intensive and competitive industries. Cost advantage is the key to competition."

Zhang Liangqi, a regional economic research expert in Jiangxi, told reporters that the soaring cotton prices will bring disaster to the textile and garment industry in Jiangxi and increase the cost of Jiangxi's textile and garment industry. In particular, the appreciation of RMB is still expected to exist. This has increased the cost and price of Jiangxi textile and clothing, thereby losing the competitive advantage of Jiangxi's textile and clothing products in the international market to a certain extent, and the export will be restrained.

Yang Jine also believes that the rising cost of raw materials and labor has made the cost growth of Jiangxi textile and garment enterprises far exceed the income growth rate, especially the profit margins of small and medium-sized enterprises are shrinking.

Once the RMB continues to appreciate, the loss of exchange will swallow up the last profit of some export enterprises.

Traditional foreign trade enterprises are affected by the rapid appreciation of RMB, and the cost burden is increasing. Especially the export enterprises with low added value such as Jiangxi textile, clothing, toys, footwear, furniture and so on, are not profitable, and may even face survival crisis.