Cotton Prices Rose Nearly 40%, Prices Continued To Rise, Cotton Boss Crazy.

In just 1 months, cotton trading price soared by nearly 40%.

At the beginning of September, the price of cotton was about 18 thousand yuan / ton, and now it has climbed to about 23 thousand yuan / ton.

The pressure of rising prices of raw materials has been partly pmitted to the market terminals. Cotton wholesalers and clothing wholesalers have indicated that the pressure brought by price increases can only pfer production costs to consumers, and the price of cotton textile products in Chengdu has increased by more than 20% during the year.

Liu Qionghua has been engaged in cotton wholesale for more than ten years in the wholesale market of Lotus Pond in Chengdu. But this year's soaring cotton prices have surprised the "insiders" who have been engaged in the wholesale trade for more than a decade. "We haven't seen such a rise in cotton prices for 15 years."

In the wholesale market of Lotus Pond textiles in Chengdu, the market price of cotton cloth varies from day to day, and the wholesale price of cotton cloth rolls upwards and upwards.

Entering the October, the price of cloth was even more crazy. In the first 3 days of October, the average daily price of rice cloth rose by 5%. In less than half a month, wholesale prices had risen by 1 yuan / M - 2 yuan / meter, with a cumulative increase of around 20%.

Data show that from 2010 to 2011, China's cotton production was 6 million 960 thousand tons, while the demand for 10 million 400 thousand tons, imports of cotton 2 million 740 thousand tons, accounting for 26% of domestic consumption, so the domestic cotton supply shortage pattern has become increasingly fierce; and China's supply and demand gap is 2 million 800 thousand tons, so the future cotton prices have higher potential.

According to industry analysis, cotton prices have risen more than 40% in recent years.

Cotton clothing prices rose by more than 50 yuan

Soaring cotton prices will definitely affect downstream industries.

It is not only cotton distributors who are under the pressure of rising cotton prices, but also the clothing dealers are facing enormous cost pressures.

"The price of cotton fabrics has gone up, even chemical fiber fabrics have gone up."

Lv Hailiang, a brand clothing wholesaler, said that the price of clothing in the shop has risen to varying degrees, especially for cotton garments, whose prices have risen by 50 yuan to 60 yuan / piece.