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

Textiles | On 26th Jul 2017

Textile Corp of America to create 1000 jobs in Tennessee

Textile Corporation of America Inc, a leading textile manufacturer,...

Courtesy: IVL

Textiles | On 26th Jul 2017

IVL completes PTA capacity expansion in Europe

Indorama Ventures Public Company Ltd (IVL), a global chemical...

Textiles | On 26th Jul 2017

Vietnam’s textile & garment exports cross $13bn in H1

Vietnam earned $13.... billion from textile and garment exports in...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Binoy Ravjani
Hero's Fashion

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

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Lynda Kelly
Suominen Corporation

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

Ashok Desai
Bombay Textile Research Association

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

Mohammad Hassan
Biax Fiberfilm

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

Yash P. Kotak
Bombay Hemp Company

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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


July 2017

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

news category

Related Categories:

Planning to Take the Leap towards

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

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