Cotton Price Rise "Hangover" Appeared &Nbsp; Hangcheng Quilt Towel Highest Rise 40%
"The price of Muji has increased." recently, Xiaoli, who likes cotton textiles, was shopping in Hangzhou Lixing famous Plaza. She found her favorite Muji bedding posted a notice of price rise. More than 10 bedding items including quilt covers and bedspreads were raised from 20 yuan to 100 yuan.
Store bed, towel up price
In the Muji shop in the Star Plaza, every customer who queues up will check out a notice on the cashier's desk unconsciously. It turned out to be a notice of price rise.
The notice on the price rise of the Tianzhu series of Xinjiang cotton said that the price of Xinjiang Tianzhu products will be raised due to the impact of rising cotton prices. Reporters saw that this series of bed products involving a total of 12 commodities, each commodity prices in the range of 20 yuan to 100 yuan. Among them, a quilt original price of 248 yuan, now adjust the price to 348 yuan. A bedspread increased from 148 yuan to 218 yuan, or 40% and 47% respectively. In addition, the pillowcase increased by 20 yuan or 30 yuan.
Mr. Chen told reporters that the price rise began in early September, and the price adjustment began in September 15th. "This price adjustment involves only the bed products of Xinjiang cotton. clothing I haven't moved yet. "
Mr. Chen said that after the announcement of price rises, sales of bed products were not affected, and consumers' reactions were relatively stable.
In addition to the increase in store prices, the bed products in supermarkets also quietly raised prices one or two months ago. The reporter learned from Huarun Wanjia supermarket that the store had received the notice of price increase from two months ago, but the supermarket had not been up and sold at the original price. However, the towel has increased its price by an average of 15%. "The brand of bedding is not very well known, adding bedding products is not as hot as food, and the price increase has not attracted much attention."
Cotton products have to fly for a while.
It is understood that the cotton association of China released cotton production this year. It is estimated that the total output of cotton will reach 7 million 380 thousand tons this year, a decrease of 100 thousand tons compared with the forecast in July, an increase of 10.9% over the previous year.
Why do cotton prices increase? The price of cotton goods in the terminal consumer market is still rising. A textile industry insider told reporters that at present, many cotton spinning enterprises still use cotton stocks last year, but last year, domestic cotton prices had skyrocketed due to domestic and foreign economic environment, cotton supply and demand, and capital speculation.
The industry said that even if the price of cotton has stabilized, the cost of labor and logistics is still rising. It will take time to go to inventory and the price of cotton products will be "flying for a while". MUJI has also indicated that there is no timetable for the time when the commodity price will be transferred back to the original price.
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