Home / Knowledge / News / Apparel/Garments / Clothing exports feel heat of rising raw material prices
Clothing exports feel heat of rising raw material prices
Aug '10
Soaring international cotton prices in upstream raw materials sector is an important reason for rising prices across the entire textile industry chain this year. Global cotton prices have been on the rise since the end of last year.

The surge in prices of cotton has been rapidly transmitted to the yarn fabric and apparel processing sector and consumers as well. The average price of standard cotton grew from 12,831 Yuan / ton in 2009 to 18,165 Yuan / ton in July of this year.

The ferocious rally of international and domestic cotton and other raw materials, coupled with the pressure of RMB appreciation have diluted again and again, business profits of the domestic textile and apparel sector.

The pressure of slow RMB appreciation has never weakened, textile and garment enterprises in Guangdong are mainly SMEs, who work on very low margins and are very sensitive to appreciation of the Renminbi.

If the Renminbi restarts appreciation, their profit margins will be totally wiped out and may also go in to negative territory, which could have serious repercussions on the apparel sector as a whole, more so if they are not able to pass on increased costs to the buyers.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 30th Apr 2017

Government revamping tech mission on cotton

Indian Government is working to revamp the technology mission on...

Apparel/Garments | On 30th Apr 2017

Columbia Sportswear records Q1 net sales of $543.8 mn

Columbia Sportswear Company has announced record net sales of $543.8...

Interviews View All

Abhimanyu Singh Rathore & Barbara Anna Kosiorek

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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


news category

Related Categories:
April 2017

April 2017

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


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search