Home textiles prices have risen to a fixed trend

Securities Times Network September 22

According to reports, many home textiles merchants interviewed said that since August, the price of upstream fabrics has risen and then increased, and the average increase has reached 5%. This round of price hikes has just begun. Cai Xiangyang, the head of Nantong Niandie Home Textiles, said that due to environmental pressure, printing and dyeing factories began to shut down in August. Even if there are grey cloths, there is no way for printing and dyeing, resulting in a large shortage of fabrics. The home textile industry has a huge demand for fabrics. With the peak season in the second half of the year, it is likely that the stocks will be out of stock. “The price increase of home textiles has become an inevitable trend, and it is coming earlier than last year. It is estimated that it will rise in full in October.”

(Securities Times·e Company)