Weak Demand, Low Cotton Prices, Future Clothing Retail Prices Will Be Hard To Reduce

Recently, cotton prices began to fall, cotton prices in Xinjiang were 26 thousand yuan per ton, and real estate cotton (collectively referred to as cotton outside Xinjiang) was priced at 23 thousand yuan per ton, compared with the highest cotton price in September last year, a decrease of about 30%.

"Because of the rising price of clothing in spring and summer, the business in this store is not very good this year."

Clothing dealer Sun said that the recent decline in cotton prices, hope that clothing manufacturers to reduce clothing dealer's purchase price.

Whether the income of the store can achieve this year depends on the sales of clothing in autumn and winter.

Luoyang white horse Refco Group Ltd raw materials department official said that some time ago, cotton prices rose, labor costs increased and other factors, some small garment factories can not withstand the pressure, have to close.

Although the recent decline in cotton prices, it is difficult to affect the future retail prices of clothing, because the proportion of cotton textile fabric prices in clothing costs are relatively small, and labor costs, freight, shopping malls and other costs accounted for a larger proportion of the cost.

Similarly, if a cotton garment is purchased in a street store, it may only cost tens of dollars. If clothing enters the store, the price may rise to a few hundred yuan.