Rising Costs And Rising Clothing Prices

In February 2010, the market price index and the ex factory price index again deviated significantly.

At the beginning of 2010, cotton prices rose sharply and crude oil prices continued to rise, leading to a marked rise in the prices of raw materials for clothing products, a 30% rise in cotton prices and an increase in cotton prices by 10%-20%. Due to the shortage of labour force, labor prices also showed seasonal increases, and in the long run, labor force prices showed a rigid growth.

In 1-5, the ex factory price index rose by 1.9% over the same period last year.

Price trend is closely related to supply and demand, raw materials and other resources supply costs, and macroeconomic environment. Under the pulling force of many different directions, clothing prices are expected to reach a new balance in the second half of the year.