Home / Knowledge / News / Textiles / Despite cheaper cotton, denim makers to not cut prices
Despite cheaper cotton, denim makers to not cut prices
May '11
Denim fabric producers had hiked their prices by almost 30 percent, due to the almost doubling of cotton prices in the last one year. However, cotton prices have fallen by around 22 percent in the last one month. But denim producers do not intend to lower their prices, atleast not immediately.

Shankar-6 raw cotton prices which were quoting at Rs 61375 per candy on April 3 were quoted at Rs 47,625 per candy on May 3, down 22.40 percent.

“The main reason for denim producers not being able to reduce prices is because currently we are consuming cotton bought at a higher price two months back. If the median price will sustain for another one month, then we may mull reducing the price”, Mr Utsav Pandwar, CFO - Aarvee Denims told fibre2fashion.

Ms Revati Kasture, Head – Industry Research, Care Ratings said, “Care does not foresee any likelihood of prices moving up from here as the cotton prices have eased a bit from its highs in the last month or so. At the same time, the companies are not looking to reduce prices in the near future as demand scenario is appearing favorable at this stage”.

Elaborating further, Mr Pandwar said, “Denim prices have witnessed an uptrend during FY'10 as well as during FY'11, primarily driven by the rise in prices of cotton which the denim manufacturers have been able to pass on to the customers.

“Denim fabric price realizations averaged in the range of Rs 110-150 per meter during FY'11. Presently, the denim fabric is selling at an average rate of Rs 130-170 per meter in the domestic market and around Rs 180 per meter in the export market”, he wrapped up by saying.

Fibre2fashion News Desk

Must ReadView All

Courtesy: AWI

Textiles | On 20th Jan 2017

Australian wool EMI at highest ever level in Au$ terms

The Eastern Market Indicator (EMI) managed to forge ahead by a...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Textiles | On 20th Jan 2017

Xeros to focus on textile sector to develop technology

Xeros technology group plc, the developer and provider of patented...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Kevin Nelson

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

Ashok Desai
Bombay Textile Research Association

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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

January 2017

January 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