Home / Knowledge / News / Textiles / 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

Pic: Shutterstock

Textiles | On 18th Feb 2020

Turkey, Pak want to raise bilateral trade volume to $5 bn

Turkey and Pakistan want to raise bilateral commercial and economic...

Pic: Shutterstock

Apparel/Garments | On 18th Feb 2020

Bangladesh RMG exporters expect order shift from Cambodia

Bangladesh's readymade garment (RMG) exporters feel the suspension of ...

Pic: Shutterstock

Apparel/Garments | On 18th Feb 2020

GMAC dissatisfied with EU following partial EBA suspension

Expressing disappointment over the February 12 decision by the...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

Denimsandjeans India 2018

Shawn Honeycutt, Bolger & O'Hearn

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Textile industry, Head honchos

Textile industry
Head honchos

GenNext is slowly but surely adapting to global trends and practices

Martina Giorgetti,

Martina Giorgetti

Italy-based Cibitex is a manufacturer of textile finishing machinery,...

Suresh P Bagrecha,

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Ashish M Amin,

Ashish M Amin

Premier Looms is a leading provider of cutting-edge machinery and...

Kevin Nelson, TissueGen

Kevin Nelson
TissueGen

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

Giorgio Mantovani, Corman S.p.A

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Sachin Pendharkar, Dieffenbacher India Pvt Ltd

Sachin Pendharkar
Dieffenbacher India Pvt Ltd

Germany-based Dieffenbacher Group is a producer of high-quality composites ...

Sarah Denise Cordery, Sarah Denise Studio

Sarah Denise Cordery
Sarah Denise Studio

Manchester, England-based Sarah Denise Studio provides relevant fashion...

Niti Singhal, Twee In One

Niti Singhal
Twee In One

Best known for convertible clothing, Indian brand Twee In One by designer...

Amiben Shroff, Shrujan

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

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

Leave your Comments


February 2020

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


Advanced Search