Cotton Price Increases, Chongqing Clothing Price Rises 30%

"Garlic you ruthless", "beans you play" and other agricultural products crazy price rise came to an end, but some production of raw materials in "quiet" price increases.

Cotton prices went crazy and prices rose sharply.

Chongqing clothing price increases 30%

"Cotton prices are crazy, cocoon prices are rising, and oil energy is also rising, leading to a surge in prices of all kinds of fabrics."

Wang Yong, executive vice president of Chongqing garment industry association and chairman of Chongqing Di Wang Hua Garments Co., Ltd., said that the fabric of Chongqing style clothing was mostly from Guangdong. The price of raw materials such as pure cotton, cotton yarn, chemical fiber and silk has risen by at least 20% this year.

"To buy cotton cloth of 20 yuan per metre, now we have to pay 3-4 yuan more, plus the cost of labor and so on, the overall cost of clothing has increased by about 30%."

Wang Yong said that the price of clothing has risen. This year, the price of clothing has increased by 30%. However, because of the overall price increase, many people have been unwilling to buy clothes by covering their wallets. In addition to the late summer this year, the overall sales volume of Chongqing garments has been reduced by at least 20%.

According to China's cotton price index, the price of standard cotton has risen from less than 15 thousand yuan / ton in February to 17289 yuan / ton in May, while the price of standard cotton was only 10966 yuan / ton at the beginning of last year, and the cumulative increase has approached 60% since the beginning of last year.