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| | The RF0502 model from Ruifeng of China is in 95:5 cotton-spandex. The tank top has a racerback and printed patterns in front. |
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Higher prices for 500-piece MOQs
Most companies are willing to reduce their minimum order requirements for these embellished designs, but only if buyers would accept higher product prices.At present, MOQs fall between 1,000 and 2,000 pieces. This is about the number of tank tops that can be made from a single minimum order of fabric in the same color and print. Some textile mills, particularly those that tank top companies have been cooperating with for a long time, will accept smaller quantities at a higher cost. The additional expense, however, would be passed on to buyers. How much the buyers would have to shoulder depends on the size of the manufacturer. Larger companies usually require high-volume orders to maximize efficiency, and would typically pass on more of the additional expense to customers. Smaller manufacturers, on the other hand, cannot really purchase fabric in large quantities. In addition, many of them do not have the capability to produce in high volumes. For this reason, they are more likely to implement minimal price adjustments. All of the suppliers interviewed for this report said they can accept a 500-piece order, but the tops would cost up to 40 percent more. In China, Ruifeng Trading Co. Ltd's MOQ is 1,000 to 2,000 pieces. Orders less than that would result in a 20 percent increase in product prices. Depending on fabric and trimmings, the company's tank tops currently are between $5 and $10 each. C.C. Fashion Ltd usually requires 1,000 shirts per order, but accepts 500-piece MOQs if the buyer agrees to pay at least 5 percent more. At present, prices range from $3 to $10 per shirt. Tank tops would cost at least 20 percent higher at Suzhou Feiyan Clothing Fty if orders are below 1,000 pieces. The shirts presently are between $6 and $12. Wenzhou Tengxu Garments Co. Ltd accepts small runs, but product prices are 5 to 40 percent more expensive than those for large-volume orders, which top out at $6. Among India companies interviewed, V Knits requires a minimum of 500 shirts per order. The tank tops are currently priced from $1.50 to $8. Cottons Comfort can also accept a 500-piece run, but prices would be up to 40 percent higher than regular quotes, which start at $2. The company's MOQ is between 5,000 and 10,000 tank tops. The minimum order at Agni Exports is 5,000 pieces per design or color, with at least four colors in the batch. The minimum per color can be reduced to 500, but prices would be 5 to 10 percent higher. At present, quotes are as low as $0.80. Both Koral International and Jhoshika Clothings said smaller MOQs are not a problem as long as buyers are willing to shoulder the additional cost. Jhoshika requires a minimum of 1,000 to 1,500 pieces per order. Tank tops are priced at $2 to $6. Koral accepts orders as low as 200 tank tops, which currently go for $2.50 to $5, but charges at least 3 percent more. China's Zhejiang Springair Garment Co. Ltd, meanwhile, will not increase prices for orders of less than 1,000 pieces as long as the buyer supplies the fabric. The tops are currently at $2.50 to $10. Shenzhen Global Weiye Clothing Co. Ltd requires a minimum of 1,500 tank tops, which are offered for $1 to $6.
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