{"id":5713,"date":"2022-03-24T17:27:42","date_gmt":"2022-03-24T17:27:42","guid":{"rendered":"https:\/\/blog.maudlinclothing.com\/the-evolution-of-the-cotton-price\/"},"modified":"2024-05-20T14:58:50","modified_gmt":"2024-05-20T13:58:50","slug":"the-evolution-of-the-cotton-price","status":"publish","type":"post","link":"https:\/\/blog.maudlinclothing.com\/en\/the-evolution-of-the-cotton-price\/","title":{"rendered":"The evolution of the cotton price"},"content":{"rendered":"<p>The prices of basic clothing continue to rise outrageously.<\/p>\n\n<p>Between October 2021 and March 2022 we received a total of 6 updates to the prices of the clothes supplied to us by the main brands we work with (<a href=\"https:\/\/www.tshirtlovers.pt\/produtos?m=4\" target=\"_blank\">Kariban<\/a>, <a href=\"https:\/\/www.tshirtlovers.pt\/produtos?m=6\" target=\"_blank\">Sol's<\/a>, <a href=\"https:\/\/www.tshirtlovers.pt\/produtos?m=3\" target=\"_blank\">TH Clothes<\/a>). <\/p>\n\n<!--more-->\n\n<p><\/p><div>Falamos de <strong>aumentos mensais<\/strong>.<\/div>\n\n<p>To give you an idea of the scandal, in a typical year <strong>we have a price update<\/strong>. In a bad year, we have two (and this is an exception that has happened in 2 of the last 15 years).<\/p>\n\n<p>.<\/p>\n\n<p><em>I can explain it another way.<\/em><\/p>\n\n<p>In the last six months, the basic clothes we sell have gone up (in percentage terms) more than in the last decade. We have items that have gone up in price by almost 50 per cent.<\/p>\n\n<p>This is the current state of the textile market.<\/p>\n\n<p>.<\/p>\n\n<h4 class=\"wp-block-heading\"><strong>What's the reason for this increase?<\/strong><\/h4>\n\n<p>Well, that's something we've already talked about <a rel=\"noreferrer noopener\" aria-label=\"aqui (abre num novo separador)\" href=\"https:\/\/blog.maudlinclothing.com\/covid-inflacao-quebra-cadeias-fornecimento\/\" target=\"_blank\">here<\/a>. In fact, these are problems that have been dragging on and accumulating over the last two years.<\/p>\n\n<ul class=\"wp-block-list\"><li>It started with the lack of labour in Asia, after massive layoffs due to COVID;<\/li><li>It continued to have logistical problems due to the <a href=\"https:\/\/www.cnbc.com\/2021\/11\/19\/surging-shipping-costs-to-drive-consumer-price-inflation-unctad-says.html\" target=\"_blank\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"crise dos contentores mar&#xED;timos (abre num novo separador)\">shipping container crisis;<\/a><\/li><li>It was exacerbated by the absurd rise in the price of cotton on the international markets, <a rel=\"noreferrer noopener\" aria-label=\"fruto dos problemas indicados acima mas tamb&#xE9;m da falta de chuva (abre num novo separador)\" href=\"https:\/\/www.forbes.com\/sites\/warrenshoulberg\/2021\/10\/12\/what-the-spike-in-cotton-prices-to-a-10-year-high-means\/?sh=345a5896d549\" target=\"_blank\" target=\"_blank\">the result of the problems mentioned above but also the lack of rain<\/a>;<\/li><li><\/li><\/ul>\n\n<p>.<\/p>\n\n<p>You can see in the graph below how the price of cotton has changed in recent years.<\/p>\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/blog.maudlinclothing.com\/wp-content\/uploads\/2022\/03\/Captura-de-ecra&#x303;-2022-03-13-a&#x300;s-17.39.04-1024x653.png\" alt=\"Cotton Price Evolution\" class=\"wp-image-4161\"\/><figcaption>Cotton Price Evolution<\/figcaption><\/figure>\n\n<p>.<\/p>\n\n<p>This development will certainly have consequences for a sector that is already struggling on its own and with low margins (the promotional textiles sector relies heavily on low-cost clothing for <a href=\"https:\/\/www.maudlinclothing.com\" target=\"_blank\">merchandise<\/a> production).<\/p>\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/blog.maudlinclothing.com\/wp-content\/uploads\/2022\/03\/Captura-de-ecra&#x303;-2022-03-13-a&#x300;s-17.49.28-1024x362.png\" alt=\"Increase of almost 100% in 3 years\" class=\"wp-image-4162\"\/><figcaption>Cotton closed 2019 at $0.69 and is currently at $1.21, <a href=\"https:\/\/www.macrotrends.net\/2533\/cotton-prices-historical-chart-data\" target=\"_blank\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"aumento de quase 100% em 3 anos (abre num novo separador)\">an increase of almost 100% in 3 years<\/a><br \/><\/figcaption><\/figure>\n\n<p>.<\/p>\n\n<h4 class=\"wp-block-heading\"><strong>Will the increases stop here?<\/strong><\/h4>\n\n<p>There's no way of guaranteeing what the future will be like, but as I write this, a war has broken out in Europe and fuel prices have risen by around \u20ac0.30\/L in the space of two weeks at the same time as the price of energy on the international markets has reached \u20ac700\/mW (or \u20ac0.70\/kW), a record never before imagined.<\/p>\n\n<p>.<\/p>\n\n<p>In my opinion, no, the increases in the price of cotton and plain linen won't stop there and this will only be the start of a \"second wave\" of difficulties for companies in this sector.<\/p>\n\n<p>On the <a href=\"https:\/\/www.maudlinclothing.com\" target=\"_blank\">clothing decoration<\/a> side, too, the situation is difficult, after 40% increases in <a href=\"https:\/\/maudlinclothing.com\/services\/embroidery\" target=\"_blank\">embroidery<\/a> consumables and similar increases in <a href=\"https:\/\/maudlinclothing.com\/services\/screen-printing\" target=\"_blank\">screen printing<\/a> consumables.<\/p>\n\n<p>.<\/p>\n\n<p>What do you foresee for the immediate future?<\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.maudlinclothing.com\/impressao-textil\" target=\"_blank\" target=\"_blank\"><img decoding=\"async\" src=\"http:\/\/blog.maudlinclothing.com\/wp-content\/uploads\/2021\/09\/blog-personalizacao-main.jpeg\" alt=\"estampagem t\u00eaxtil\" \/><\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>The prices of basic clothing continue to rise outrageously. Between October 2021 and March 2022 we received a total of 6 updates to the prices of the clothes supplied to us by the main brands we work with (Kariban, Sol's, TH Clothes).<\/p>\n","protected":false},"author":1,"featured_media":5176,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[713,702],"tags":[796,797,795],"class_list":["post-5713","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blank-clothing","category-news","tag-cotton-price","tag-logistical-difficulties","tag-price-increase"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The evolution of the cotton price - Blog Maudlin Merchandise<\/title>\n<meta name=\"description\" content=\"The price of cotton on the international markets has skyrocketed, with an increase of more than 40 per cent in 2021 alone and continuing to rise in 2022\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.maudlinclothing.com\/en\/the-evolution-of-the-cotton-price\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The evolution of the cotton price - Blog Maudlin Merchandise\" \/>\n<meta property=\"og:description\" content=\"The price of cotton on the international markets has skyrocketed, with an increase of more than 40 per cent in 2021 alone and continuing to rise in 2022\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blog.maudlinclothing.com\/en\/the-evolution-of-the-cotton-price\/\" \/>\n<meta property=\"og:site_name\" content=\"Blog Maudlin Merchandise\" \/>\n<meta property=\"article:author\" content=\"maudlinmerchandise\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-24T17:27:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-20T13:58:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blog.maudlinclothing.com\/wp-content\/uploads\/2017\/02\/organico-e1564131788278.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"183\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Jorge Vieira\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jorge Vieira\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/blog.maudlinclothing.com\\\/en\\\/the-evolution-of-the-cotton-price\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/blog.maudlinclothing.com\\\/en\\\/the-evolution-of-the-cotton-price\\\/\"},\"author\":{\"name\":\"Jorge Vieira\",\"@id\":\"https:\\\/\\\/blog.maudlinclothing.com\\\/en\\\/#\\\/schema\\\/person\\\/8b4984182d42c2b852e82505bc17a5c7\"},\"headline\":\"The evolution of the cotton price\",\"datePublished\":\"2022-03-24T17:27:42+00:00\",\"dateModified\":\"2024-05-20T13:58:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/blog.maudlinclothing.com\\\/en\\\/the-evolution-of-the-cotton-price\\\/\"},\"wordCount\":418,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/blog.maudlinclothing.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/blog.maudlinclothing.com\\\/en\\\/the-evolution-of-the-cotton-price\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/blog.maudlinclothing.com\\\/wp-content\\\/uploads\\\/2017\\\/02\\\/organico-e1564131788278.png\",\"keywords\":[\"cotton price\",\"logistical difficulties\",\"price increase\"],\"articleSection\":[\"Blank Clothing\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/blog.maudlinclothing.com\\\/en\\\/the-evolution-of-the-cotton-price\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/blog.maudlinclothing.com\\\/en\\\/the-evolution-of-the-cotton-price\\\/\",\"url\":\"https:\\\/\\\/blog.maudlinclothing.com\\\/en\\\/the-evolution-of-the-cotton-price\\\/\",\"name\":\"The evolution of the cotton price - 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