China'S Cashmere Enterprises Reduce Export By "Soft Gold"

2008/8/9 17:12:00 18

Export Of Cashmere Enterprises In Domestic Market

In the textile industry, cashmere has the reputation of "soft gold". According to the list of export tax rebate rates implemented in August 1st, cashmere and cashmere products are all listed in the export rebate rate.

At present, it is the peak season for export and sales of cashmere enterprises in China. But today, reporters learned from the China food, animal and food import and export chamber that many cashmere export enterprises in China are actively reducing exports this year.

Why is that?

Reporters in Beijing's cashmere products store learned that the cashmere products listed in autumn and winter this year will increase more than before. There are no less than 1000 kinds of new cashmere products sold here, which can cover the whole industry category.

Consumers: "I think this year there are many styles, many colors, and a little more variety."

Reporters learned that this year, Erdos export cashmere sweater plan from about 4000000 to about 2000000.

Insiders pointed out that most of the export of cashmere products is only a small processing fee for OEM production.

Coupled with the appreciation of the renminbi and the rising cost of labor, exports will not only lose profits, but also lose money.

From January to June this year, the loss of cashmere products exported to the United States in Xinjiang Tianshan wool textile company amounted to more than 600 yuan.

Chen Tao, chairman of China National Livestock and snow lotus Limited by Share Ltd, said: "cashmere enterprises now rely on export processing to achieve gross profit margins of 10%, and basically remain forty or fifty gross margins in the domestic market.

We can calculate simply that if a business enterprise sells a piece of clothing in the country, he can get 4 times the profit equivalent to the export. "