Cotton Prices Are High And Clothing Is Not Up Yet.

In October 1st, Zhengzhou Commodity exchange cotton Futures main varieties closed at 22060 yuan per ton, up 455 yuan. Cotton prices have risen to their highest level since 1995. The rise of cotton prices in the whole cotton industry chain shows a gradual decline in the conduction process. At present, the most downstream clothing brand enterprises almost do nothing but digest the cost pressure caused by the rising cotton prices.

Wang Xing, editor in chief of China's first textile network, said: "clothing enterprises, especially brand Clothing enterprises have a very strong ability to digest costs. For example, a garment with a retail price of 1000 yuan may cost only 100 yuan. The change in cotton prices has little impact on these enterprises.

The impact of rising cotton prices, Seven wolves Reply: "since the beginning of this year, the price of raw materials such as cotton has indeed been on the rise, which has a certain impact on the textile and garment industry. However, the seven wolves insist on providing the best quality products to consumers at the right price. Under this principle, the seven wolves did not digest the impact of rising costs by improving the garment factory price."

People from apparel companies such as Mei bang and nine herdwang also said that there was no price hike at present. An industry insider said that most of the brand clothing enterprises sell clothing products ahead of time in the form of ordering products. The price of clothing in autumn and winter has been finalized in spring. Generally, prices will not be adjusted because of the rise or fall of cotton prices later. Insiders said that the price rise from cotton to clothing takes a certain time.