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Guangdong'S Textile And Clothing Exports Increased By &Nbsp; The Soaring Prices Of Raw Materials Caused Enterprises To Rise In Price.

2010/6/17 14:19:00 38

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The 107th Canton Fair has just shown a "resumption of growth" but China.

Textile and clothing

For export enterprises, there are also the throes of double squeeze of customer purchase demand change and rapid cost increase.

Guangzhou customs 12 issued a statistical data show that from 1 to April, Guangdong exported 9 billion 750 million dollars in textile and clothing, an increase of 11.4% over the same period last year.

Among them, the export of textiles and garments in April alone was US $more than 2 billion 600 million, an increase of 22%.

The data show that Guangdong's textile and clothing are the main traditions of Hongkong, the European Union, the United States and ASEAN.

Exit

The growth of the market has seen a downward trend in emerging markets such as the Middle East and Africa.

In April alone, the market for Hongkong also fell by 1.2%.

Customs pointed out that textile and garment export enterprises are facing the double squeeze of customer purchase demand change and rapid cost increase.

Customs analysis said that the risks faced by Guangdong's clothing exports are driven by the appreciation of the renminbi.

Corporate profits

And international trade barriers emerge in an endless stream. Raw material price increases are more difficult to accept than the increase in labor costs.

Because the rise in labor costs is slower and more than once a year, but the raw material is a rising wheel, which has almost expanded to all raw materials and even terminals in the clothing industry.

It is understood that in 2010, China's nationwide abnormal weather plagued farming, and the cotton planting progress in Xinjiang and Yangtze River valley was postponed compared with the same period last year, resulting in insufficient cotton production.

In addition, China's second largest cotton importer India recently suspended the registration of cotton exports, making the "high price shock" cotton international supply and demand relationship is more tense.

This year, the price of cotton yarn has increased by more than 20%, which is a dilemma for textile and garment export enterprises in "protecting customers" and "protecting profits".