Geoff Krasnov offers apparel/clothing/garment manufacturing and sourcing news.

Wednesday, January 19, 2011

Cotton Yarn Costs Continue to Increase- Now its Australia!

Although cotton fiber prices appeared to have plateaued last month the ongoing concerns over availability have forced prices ever higher. The floods in Australia have wiped out their crop, and India put a freeze on exports at the end of 2010 and has yet to lift it. To give you an idea on how prices have changed, we were paying $1.77 a pound for 30/1 combed ring spun yarn last year. Four months ago we were paying $2.35, last month we paid $2.70, and today I was quoted $2.95. That is a 67% increase. Yarn makes up about 65% of fabric cost and fabric cost makes up about 45-55% of a garments cost (variability due to the vast differences in labor between garment types). Another example is a basic 18/1 100% cotton open end yarn. Last year $1.00/lb, now $1.95/lb., a 95% increase. Our current surcharge on catalog pricing is 10%. For custom programs that have repeat styles from last year we are recosting as orders are placed. We highly recommend you inquire about the impact on your pricing while planning your coming season.

2 Comments:

Blogger R.M.InterNational said...

Cotton Yarn - R.M.InterNational is provider for best services from Indian Cotton Yarn Supplier & Exporter from India.

4:08 AM

 
Blogger Gexton said...

We are producing 100% cotton yarn of several counts ranging from 10/s up to 40/s for knitting and weaving.
cotton yarn from Pakistan
cotton carded yarn exporter in Pakistan

3:36 AM

 

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