Home / Knowledge / News / Textiles / Consumers feel brunt of raw material price hikes
Consumers feel brunt of raw material price hikes
Nov '10
Cotton price are hitting historic highs with each passing day, mainly as supply is tight and at the same time quality is not ensured and on the other hand, fabric prices are not able to increase in synchronization, squeezing the profit margins of small weaving factories, due to which, textile enterprises have to seek other ways.

Many enterprises have began to adjust product mix by reducing amount of cotton in production process, a few small and medium textile enterprises have shut shop while some enterprises are financing each other to stabilize cotton sources.

Prices of chemical fiber and other related products are also following in the footsteps of cotton prices, which have affected the consumer market, too. As cotton price rises, textile production has shifted to more chemical fiber and other alternatives, triggering a chain reaction, which has resulted in hike in prices of chemical fibres also.

As of mid-October, prices of chemical fiber products led by polyester staple fiber increased from 9,600 Yuan per ton to 13,000 Yuan per ton, an increase of over 30 percent.

Industry experts opine that, previously, prices of chemical products were mostly influenced by oil price fluctuations in the past, but now prices of chemical fiber are following the trends set by cotton prices.

The rice hike in raw materials has resulted in prices ascending at various stages of the textile value chain, and which has now reached the consumer as; clothing producers and retailers have augmented prices by 20-30 percent in the last few months.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: H&M

Apparel/Garments | On 30th Mar 2017

H&M group's sales increase 7% in 3 months to Feb '17

The H&M group's sales including VAT amounted to SEK 54,369 million...

Textiles | On 30th Mar 2017

Vietnam’s textile & garment exports earn $4bn in Jan-Feb

Vietnam earned $4 billion from textile and garment exports in the...

Textiles | On 30th Mar 2017

India Inc should work for July 1 GST roll out: Fin sec

The Goods and Services Tax (GST) will take India into a very exciting ...

Interviews View All

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

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

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Johan Berlin
InvestKonsult Sweden AB

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

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Kevin Nelson

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Pranav Mishra

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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

March 2017

March 2017

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


Browse Our Archives


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