Textile producers have already started submitting raw materialorders for the spring-summer season products, and bills are alreadyshowing prices as much as 35% higher.
The upward trend will maintain, say apparel and linen producers, atleast until demand starts nosediving.
"There are several factors that pushed cotton prices up. There werePakistan floods, and China, which is one of the main producers, butalso one of the main consumers of this raw material, no longerexported in order to have sufficient stocks for its own use. Theprice will rise up to a point, when market demand falls, and theprice level needs to adjust," believes Laszlo Dobra, generalmanager of Secuiana, a major textile producer in Romania.
Sorin Chiriac, the representative of Caremil Roman producer, blamesthe price increase on speculations, as investors have shifted toraw materials.
Caremil's manager says that as far as Romania is concerned, highercotton prices will start showing on the price tag of apparel asproducts reach store shelves ahead of Christmas.
Producers know the biggest players are calling the shots on themarket, but are also aware the competition will be equally hurt bythe price hike. The problem, however, is at consumer level, asconsumers already having a lower shopping budget.
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