Apparel Prices Are Expected To Increase

According to statistics, in May this year, China exported 131 billion 760 million US dollars, an increase of 48.5% over the same period last year, 18.1 percentage points faster than last month, and 112 billion 230 million imports.

In the first 5 months of this year, China's textile and apparel exports totaled 70 billion 210 million US dollars, up 19.3% from last year's year, up 3.75 percentage points compared with last month.

Among them, the total exports of textiles amounted to 28 billion 560 million US dollars, and clothing exports totaled 41 billion 650 million US dollars, with a growth rate of 29.7% and 13.1% respectively.

Furniture exports 12 billion 690 million US dollars, an increase of 26.6%.

Based on the data of the first few months of this year, Wang Qian, editor in chief of the first textile network, pointed out that with the further implementation of the national policy of benefiting the people, the huge domestic sales potential of our market is gradually being released, and domestic demand will be more vigorous.

Wang Liping, senior researcher of Shenyin Wanguo textile and garment industry, said that textile and garment export data exceeded expectations in May, and textile recovery was better than clothing.

"Compared with the trend of clothing exports, the trend of textile exports is obvious, and the fluctuation is small."

Wang Liping pointed out that textiles are at the forefront of the industrial chain and play a leading role in industrial recovery.

Apparel prices are expected to increase

Insiders pointed out that the textile export volume rose to more than 40% in May, which is related to the recent rise in raw material prices and the rise in prices of textiles such as yarns.

"This year, the upstream enterprises will increase their price range more than the downstream. After the pmission of the industrial chain, the price of terminal clothing will also increase in the second half of the year. The price of clothing will increase by at least 10% in the second half of this year," Wang Rong, a joint securities analyst, briefed reporters.

"The latest increase was around 2%, when the price of cotton yarn increased by about 4%.

As far as the whole industry is concerned, as long as the fabric is cotton blended, the price will be raised appropriately.

Jin Tao, deputy general manager of Fujian Baikai textile and chemical fiber Industrial Co., Ltd. counted for the reporter: in May cotton per ton rose nearly 1000 yuan a week, on average, the cotton yarn raw material cost per meter cotton cloth increased by about 1 yuan.

This is undoubtedly a heavy burden for the textile enterprises to calculate profits with different angles.

"For weaving mills, raw material costs account for 80% of the total cost, so enterprises must upgrade their prices according to the cost of raw materials."

Shishi, a cloth trader, told reporters that in the near future, they would negotiate with customers and jointly undertake the cost of raw materials.

At the same time, reporters interviewed many domestic garment enterprises, all said that the cost increase really caused pressure, if the enterprise can not digest, will finally take the way of raising prices.

Zhou Shaoxiong, chairman of the seven wolf group, told reporters that the products of the seven wolves in the second half of the year will be raised, mainly in suits of more than 1000 yuan, with an average increase of around 10%.