Home / Knowledge / News / Apparel/Garments / Denim prices to rise on surging raw material prices
Denim prices to rise on surging raw material prices
23
Feb '11
As the production cost of denim is going high with soaring prices of cotton and cotton yarn, the denim producers in Japan's Sambi region are forced to shift this cost burden to the end users, to save their businesses from incurring losses. But then, such abrupt rise in the prices of raw materials are also deemed to have had raised the global competitiveness of Japanese denim.

According to a leading denim manufacturer, it is essential for them to continuously monitor the current price system in order to sustain in the business as textile producers. Also that, the sharp rise in the input costs too is positively helping them to face the international competition. The denim producers, in the emerging economies with low labour cost and higher cost of inputs, are required to increase the prices of their products at higher rates.

The producers of high value-added denim with comparatively lower input cost are in a position to increase their prices at lower rates, and thereby to decrease the price gap with the denims from the newly emerging economies.

Further, as stated by the denim exporters of Japan, there has been a meagre rise in the prices of Japanese denims as compared to the rise in the prices of denim from other competing nations, and this serves as a reason that the overseas buyers may prefer buying Japanese denim.

Also a denim producer from Japan, who recently took part in the Premiere Vision, said that, a denim producing brand from Turkey is likely to raise its price by 30 percent, while a denim manufacturer from India is to raise it by 15 percent. But as against this, the Japanese manufacturer is to raise its price by a meagre five percent.

Thus, with rising prices of denim, some of the global buyers are likely to turn to newer markets to fulfil their demands, while leaving back the conventional markets.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 26th May 2017

Lenzing unleashes new eco-friendly fibre

There's a new eco-friendly fibre on the anvil—Austrian speciality...

Apparel/Garments | On 26th May 2017

Benetton seeks approval for FDI in single-brand retail

Global fashion brand Benetton Group, has sought Indian government's...

Apparel/Garments | On 26th May 2017

Walmart to conduct GST workshops for SME suppliers

With the objective of supporting its small and medium-sized (SME)...

Interviews View All

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Ashok Desai
Bombay Textile Research Association

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Lynda Kelly
Suominen Corporation

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

Sonam & Paras Modi
SVA

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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