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 19th Jan 2017

Pakistan imposes duty on Indian fine cotton yarn

A provisional countervailing duty ranging from Rs 26.89 to Rs 55.8 a...

Textiles | On 19th Jan 2017

Union Budget: Textile sector expects excise duty revisions

Excise duty on man-made fibres should be reduced to bring it on par...

Union textiles minister Smriti Irani at the inauguration of IIGF in New Delhi with textiles secretary Rashmi Verma and other dignitaries. Courtesy: PIB

Apparel/Garments | On 19th Jan 2017

Ministry to reimburse apparel exporters for state levies

The textile ministry has received a sum of Rs 500 crore from the...

Interviews View All

Rahuul Jashnani
Jashn

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

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search