Because Asian exports, thus reduce cotton, cotton prices have surged to 15 years. Asia's textile exporters, consumers may find t-shirts and jeans price increase.
China floods, droughts, Pakistan, India banned exports, causing global cotton cotton shortage.
India is the world's second largest export countries, cotton, cotton earlier this year, India's domestic cotton export restrictions tension. India is expected next month, but only restored cotton, 5.5 million this year is estimated about 18% of bag production, good foreigns million per bale weighs 228 kilograms.
But, there are 35 million employees of textile industry in India wants to extend and improve the export bans, because cotton cannot export taxes on domestic demand.
Mumbai cotton ginning company President Kotak exporters Vinay pack Kotak said prices jump ahead, therefore, the government and the time delay export affected cotton export business. From the beginning, India is lack of cotton spot.
This week, the cotton price on record, 15 years since July, price rises more than 40%.
China is the world's largest country due to drought, the production of cotton yields, in this first eight months double import quantity.
Asia clothing manufacturers can only receive high cotton.
Vietnam textile clothing association, vice President of Son said Nguyen, increased costs. Therefore, Vietnam textile manufacturers also faced with U.S. retailers and importers. Price negotiations
Kotak mumbai, said he thought the growing economies in Asia, and clothing prices could more easily than in western countries.
He said that the final product price depend on consumers' purchasing power. If China and India or Asian economies to develop good, then there is no problem. But in Europe and America, and I suspect clothing manufacturers may be costs to final buyers.
Due to the world's biggest cotton exporting countries America, Brazil and Australia export expansion anticipated and, therefore, the cotton, cotton supply may increase a few months. American cotton export expected an increase of 29%. But, from these countries could increase the shipping expenses delivery cost of garments makers in Asia.
The usda report, global pily consumption will be the sixth consecutive year than stocks. China is the world's biggest cotton this year, consuming countries import scale expansion anticipated by 16%.

"Chinese textile net source."

Editor: lara