India Raises Clothing Export Prices
孟買消息:印度盧比對美元和歐元強勁升值,原材料價格飛漲,導致命懸一線的紡織工業遭受沉重打擊。
Almost half of India's textile and clothing exports are exported to the US and European countries. The appreciation of the rupee has led to the exporters' profit margins and export targets out of control.
The flow of foreign currency in the stock market increased on Monday, with the rupee in India reaching 44.97 against the dollar, a new 18 - month high and 61.76 to the euro.
Over the past 5 months, the domestic currency has appreciated nearly 14.5% against the euro, and has appreciated more than 5% against the US dollar.
What makes the textile industry even more painful is that in the past 6 months, cotton and cotton yarn prices have increased by 20-25%, and exports to Bangladesh, South Korea and China have increased.
The price of cotton in March 2010 increased by more than 2% to 27800 rupees /candy compared to the 23200 rupee /candy in July 2009.
The price of cotton yarn increased by 25% to 175 rupees / kg, compared with 140 rupees / kg in the same period last year.
服裝出口促進委員會會長PremalUdani說,為此,許多公司,如Gokaldas出口公司,Arvind以及Alok工業,不得不將服裝價格提高12%,但是在與外國買家談判提價的時候,非常艱難。10月-1月訂單通常在3月份預定。印度最大服裝出口商Gokaldas出口公司董事長RajanHinduja預計,與前6個月相比,利潤率將減少20-25%。
The India industry and Commerce Association said that until recently, the company looked forward to the revival of western demand after 2008-2009 years of economic recession, and they were left in the cold war and millions of people lost their jobs.
Textile exports decreased by 1.71% in April 2009 to 21 billion 750 million US dollars in March -2010, compared with 22 billion 130 million US dollars in the same period last year.
出口商無法將紗線價格上升轉嫁給買家。Tirupur出口商協會會長ASakthivel說,出口商感覺到壓力。由于面料價格猛漲60-70%,他們的生產成本已經增加25-30%。
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