Raw Materials Skyrocketing And Erosion Profits &Nbsp; Textile Industry Is Experiencing A "Cold Spell" Two

[catch up] buying new deal spawned "vicious" bidding craze

Face

According to the responsible analysis, the phenomenon of soaring prices of textile raw materials has been caused by many factors.

First of all, from the international environment analysis: with the rise of international crude oil prices, the price of raw materials such as PTA, MEG and other chemical fiber raw materials, such as petroleum, has risen, and textile raw materials are on the way.

In addition, India announced the suspension of cotton exports in April this year to curb soaring cotton prices in the country.

Since India is the largest importer of cotton in China, its policy of stopping exports to the outside world will have a profound impact on the supply and demand of our country.

Secondly, from the domestic environment analysis: first, the rural land loss caused the cotton and mulberry planting area to decrease sharply, resulting in the reduction of cotton yield and silkworm rearing. Second, the natural disasters were serious in the past two years, and the environment deteriorated further.

Natural disasters such as earthquakes, floods and other adverse weather conditions such as snowstorm and low temperature in Xinjiang have also adversely affected cotton production and so on.

Third, the recent implementation of the new domestic property new deal led to a serious decline in the volume of commercial housing, the housing prices in the first tier cities began to decline. Some real estate companies withdrew funds from the property market to invest in the textile industry and joined the speculation of the textile raw material market, thus making the industry raw material prices soaring.

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[breakthrough]

"The prices of many primitive raw materials in the industry are soaring together. Such a bad phenomenon is bound to bring unprecedented difficulties and challenges to the production and operation of textile enterprises, and it is also the key to the survival and death of enterprises.

Therefore, in the face of the price bottlenecks of textile raw materials, enterprises should speed up industrial upgrading, increase product innovation, develop products with high added value, and strive to seek the path of enterprise development and innovation, which is the key to the survival of enterprises in adversity and the fundamental development of textile industry.

Fan Fengyun, chairman of Zhengzhou famous clothing enterprise, Zhengzhou pan Mei Fashion Co., Ltd., when interviewed by reporters, said that the saying goes: "Buddha does not measure everyone's freedom, but self discipline is the right way".

In the face of this undesirable phenomenon in textile market, in addition to the need for the government to further strengthen macroeconomic regulation and control and carry out policy intervention, it is also necessary for enterprises to accelerate their industrial upgrading, and seek breakthroughs in product technology innovation and brand management, so as to withstand market turmoil.