Home / Knowledge / News / Apparel/Garments / Cotton prices give sleepless nights to apparel exporters
Cotton prices give sleepless nights to apparel exporters
Dec '09
A flare up in domestic as well as global cotton prices has started giving sleepless nights to the cotton based knitwear and wovenwear export industry in the country, since orders are taken months in advance and no one expected cotton prices to surge to these heights.

In the last few fortnights, prices of cotton have augmented by 25-30 percent and have completely skewed up the costing of apparel manufacturers and in the process affecting the bottom lines of many producers.

Experts aver that cotton prices have gone up on news of a decline in global output in the current cotton year and has created a multiplier effect on prices of yarn and in turn fabrics, which is the main raw material of clothing sector.

Estimates indicate that, world cotton production is likely to dip by 5 percent to 22.2 million tons in the 2009-10 season from 23.4 million tons last season. High demand for cotton in China, the strongest textiles player, is partly responsible for the cotton price surge.

A garment exporter commenting on the situation said, "We are now buying yarn against export orders that we received two months ago, based on the market price that prevailed at the time. So if prices increase exorbitantly, how can we deliver the orders?"

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search