Home / Knowledge / News / Textiles / Textile producers unable to pass on cost hikes
Textile producers unable to pass on cost hikes
Sep '10
The country's textile producers are in a fix, as on one hand, the rising prices of cotton, the basic raw material for many companies in India, are registering new highs, creating margin pressures in the process.

Consumers on the other hand, are strongly opposed to any sort of rise in the prices of final products. Most of the producers have been forced to absorb a price rise of around 15-20 percent, but have been able to pass on very little of the cost increases, to the end-consumers.

Cotton prices, over the last two months, have gone up by almost 36 percent to set new records at Rs 38,500 per candy (1 candy=356 kg).

This rise in prices is mainly because of short supply of commodity in domestic markets coupled with a flare-up in world markets, due to the increase in demand from the world's biggest consumer, China.

According to industry experts, the rising prices may adversely affect the textile sector. Also they apprehend that cotton prices may maintain these high levels or increase further in the next season also.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 28th Apr 2017

Fix 5% GST rate for textile goods: Textile bodies

Uniform levy of 5 per cent Goods and Services Tax (GST) on all...

Textiles | On 28th Apr 2017

India lifts CVD imposed on Nepali Jute goods

The countervailing duty (CVD) that was imposed on Nepali jute...

Courtesy: Williamsburg Garment Company

Fashion | On 28th Apr 2017

'We have grown by staying small & maximising efforts'

The easiest way to go out of business is to be too big or expand too...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Hannah Lane

Encouragement from brands will motivate supply chains to become more...

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Johan Berlin
InvestKonsult Sweden AB

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Prathyusha Garimella
Prathyusha Garimella

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

Ritu Kumar
Label Ritu Kumar

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

Yash P. Kotak
Bombay Hemp Company

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

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