Rising raw materials push pet apparel prices up

This year, as cotton prices continue to climb, the ex-factory prices of domestic garment companies are also rising loudly. Cotton and down jackets are usually worn up. Even the ex-factory price of pet clothing has increased by 30% to 50%. The reason for this is that our reporters came to understand the market, and the conclusions reached are roughly the same.

According to the owner of Chengdu Jintang Pet Garment Factory, this year's pet garments basically use all the fabrics for collective price increases, especially the highest price for knitted fabrics. At the beginning of the year, 23 kilograms of knit fabrics went to National Day. At that time, it has risen to 36 yuan a kilogram, and it has increased by nearly two-thirds in half a year. Such a rapid rise is not only unacceptable to the manufacturers, but also many textile companies do not dare to produce on a large scale.

Afterwards, we learned from a company that produces chemical fiber cotton that due to rising oil prices this year, upstream companies continue to adjust their quotations. When prices are frequent, they are priced once a day, and sometimes morning quotes may rise again in the afternoon. As a downstream company, they have to face the butterfly effect brought by upstream companies.

The reporter went to the lotus pond fabric wholesale market in Chengdu and saw several bosses who were engaged in clothing wholesale are playing mahjong together. According to them, this was the peak season for sales of apparel fabrics at this time in previous years, but this year the prices of apparel fabrics rose too fast. In the past day, hundreds of thousands of fabrics could be sold. In many cases, only a few hundred horses can be sold each day. “Many clothing manufacturers may take dozens of fabrics at a time when prices were relatively low in previous years. Most of them only take a few horses this year. It's normal to get a fabric,” said one owner of cloth wholesale.

According to a person in the China Pet Opportunities Network Marketing Department, according to data monitoring, the overall domestic wholesale price of pet clothing this year has risen by more than one third from last year. Most of pet clothing is finished product manufacturers. On the one hand, labor costs have risen. The wages of most companies rose by more than 20%, while labor costs accounted for one-third of the cost of apparel manufacturing companies. On the other hand, the high raw material prices, especially those based on cotton-padded clothes, are even higher, which has led to an overall increase in pet clothing prices this year. In addition, pet clothing is on the rise this year in exports, and some companies can basically meet the needs of production, especially foreign trade companies seeking more than supply, the saturation of order volume so that many companies gave up domestic sales, after all, the profit of foreign trade orders is much larger than Domestic sales.

Pet clothing as an emerging industry is increasingly recognized and sought after by the market, many companies increase the production of horsepower and overnight overtime to meet the needs of the market. When they see pet clothing bring considerable profits, they must not neglect The importance of quality for business survival.