Poor harvests in Pakistan that affect the price of cotton, the rise in freight prices and the increase in the price of oil that is changing the price of synthetic fibers. Faced with this rise in raw material prices, the textile industry is threatened.

The French textile industry is warning about the rise in the cost of its raw materials and supply difficulties. Anne-Laure Milhe, spokesperson for the Textile Industries Union (ITU), informs that prices of linen, cotton or polyester have increased by more than 30% in the last 5 months.
According to figures from the US Department of Agriculture (USDA), the price of cotton rose from $1.55 per kilo last September to $2.05 in February, an increase of more than 32% in six months. These figures are explained by “a drop in production and stock levels, while consumption has remained stable”, notes the USDA in its April 2021 balance sheet.
The technical textile sector, which represents almost half of the sector in France, is particularly affected. Especially as this segment is also facing a 5 to 11% increase in the prices of additives, primers, glues, polyesters and polyurethanes