Experts: Domestic And Foreign Raw Materials Monopoly Price Double Squeeze, China'S Economy Will Pull To The Bottom.
Core tip: surveys conducted by foreign survey agencies show that from the end of last year to the beginning of this year,
Textile raw materials
and
yarn
Prices, including synthetic and organic chemical raw materials, have risen by 44-65%.
In all chemical fibers
Investigations by foreign survey agencies showed that from the end of last year to the beginning of this year,
Textile raw materials
and
yarn
Prices (including synthetic and organic chemicals) have risen by 44-65%.
In all chemical fibers
fibre
Raw materials, acrylic fiber prices rose the largest, reaching 80%.
The highest level.
In addition, the current price of silk has soared to 15 years.
Cotton prices have surged nearly 70% since November 2008, but some have attributed the price surge to yarn businesses, saying they have squeezed production in recent years.
There is no denying that most of the raw materials of non cotton textiles are oil products, and the monopolistic petrochemical industry has strong pricing power.
For all monopolist, the pursuit of profit is the inevitable choice.
However, raw materials monopolist rarely realizes that soaring raw material prices in the upper reaches of 2010 may lead to a weak market for downstream textiles and clothing, while at the same time damaging the relevant manufacturing industries.
Some experts point out that the possibility of China's economy being dragged to the bottom of the valley is increasing due to the double squeezing of monopolistic prices of international raw materials and domestic materials.
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