Shijiazhuang: Summer Clothing Is Fully Listed &Nbsp, Prices Remain Strong

As the temperature continues to rise, this year's new model

Domestic and international cotton prices both plummeted.

Since the end of 2 this year, cotton prices have been running high for three consecutive months.

No matter futures

According to the data released by China Cotton Association, China's cotton price index CCIndex328 was 24670 yuan / ton in May 17th.

Compared with the historical high of about 35000 yuan / ton in February this year, it has shrunk by nearly 1/3.

In the global commodity market after the fall, international cotton prices, whether futures or spot, are also dived.

In May 9th, the New York cotton futures contract fell 0.16 cents in July, closing at 145.4 cents a pound, or 0.1%, the lowest closing price in nearly four months.

And since the second half of last year to the beginning of this year for more than half a year, both domestic and international cotton prices have been soaring.

The rise in cotton prices has been one of the main reasons for garment manufacturers to raise their retail prices.

Will there be a corresponding drop in the retail price of clothing after international and domestic cotton prices have dropped significantly?

There is no price reduction this summer.

Faced with the rapid cooling of cotton prices, the summer retail price of the capital market has not changed significantly after a large number of summer stocks have been launched.

For the price of summer clothing this year, a person in charge of a large shopping mall in the capital of Zhongshan Road told reporters that the overall price of summer wear is relatively stable this year, which has not changed much compared with that of last year.

People in charge of shopping malls at Green Garden Street and Jianhua street have told reporters that the price of new summer clothing has not declined significantly this year, and the overall price is not higher than that of the same period last year.

The price of cotton has fallen, but the price of clothing has not changed.

How can the insiders explain this situation?

Cotton prices will go further down

Hebei garment industry association responsible person said, because clothing enterprises upstream procurement cost changes to reflect the terminal retail market needs a few months of market digestion period.

The newly released summer clothing is still used for procurement when cotton prices are at a high level. After the recent decline in cotton prices, it is necessary to digest the existing inventory before it can be used for production.

However, some people in the industry say that manufacturers may not exclude the possibility that manufacturers are unwilling to lower prices in pursuit of high profits.

More citizens questioned.

"Now it costs three hundred or four hundred yuan for a piece of clothing, and thousands of dollars for it. The price of cotton is reduced. Enterprises should take the initiative to reduce the price."

Ms. Li said.

According to the insiders, cotton prices will be further reduced in the next few months and cotton prices will be greatly increased.