China Cotton prices have gone up affected textile and garment enterprises
Posted on Oct-21-2010· by china investor
Cotton prices have gone up too far off the mark, textile and garment enterprises suffered a lot of pressure. Overseas customers do not dare order, textile and garment enterprises do not dare take the order, too. The orders is less, some enterprises are in be very difficult business. Yarn prices have gone up by more than 9000 yuan per ton, the cost so high, it is not sure. Spinners are also very cautious and had to raise the prices of export products, the profits of export products are generally less than 10%, if not increases price, no profit, and price increase by around 15% -20%.