From April this year, people say "cotton price is on his way of fast-increasing!", "nobody is able to control cotton price increasing!", this really made us recall the dark days of 2011, when cotton price changed (increased) day by day! which made us lose the ability to make quotations to our customers--because you offered today, and price went up next day. and when you updated the prices next day, it went up again the 3rd day. In those nightmare days, thanks to our client, who indeed put 200% trust on us, placed orders with price blanked, and we filled in prices "after" we lock the price with fabric suppliers, without negotiation with clients beforehand(because no time to negotiate).
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| workwear factory china |
Will that come again? I was quite worried. Despite we believe our clients trust us, we shall not always put our relations into such extent conditions to test its firmness. Thunder came very heavily, all the supplying chain believe that prices will go up without control. Voices came from different aspects: flood in India and Pakistan, made the cotton field no good harvest; farmers reduced area of planting cottons in China, G20 summit closed lots of woven factories with pollution emission because we would like to guarantee our distinguished guests a blue sky to see and fresh air to breath....
But, the storm didn't come. Fabric price indeed increased, but both our fabric suppliers and us absorbed this increase mostly. there is no earthquake to the clients, no storms. Just big thunders, but small rain.
From end of Aug., a tremendous big troops with hundreds of thousands farmers took on the train to North west part of China, to pick cotton. New cotton will be supplied in the market from October. so, if there is still not big price increase today, it will be NO in future. Our distinguished customers can take a deep breath and relax now.
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