Ningbo Textile Enterprises' Overseas Orders Increased Substantially By &Nbsp, And Orders Were At Risk.

In the first half of this year, with the recovery of economy, Ningbo textile enterprises overseas

Ningbo's victor Yang blankets Co., Ltd. has been fully scheduled for production this year, with an estimated export volume of US $30 million, an increase of US $5 million over last year.

However,

According to the statistics of Ningbo customs, orders for textile and garment enterprises in Ningbo this year are gratifying. In the first half of this year, textile and garment exports were nearly ten billion US dollars, up 1/4 over the same period last year. But at the same time, domestic enterprises' dependence on imported cotton increased significantly.

In June alone, the import of raw cotton reached 22 thousand tons, an increase of 21.8 times.

The import price rose sharply, the import price of textile yarn and other products increased by 60%, and the average import price of raw cotton increased by 28.6%.

The price of raw materials has risen sharply, but enterprises have not been able to raise prices for products. More and more enterprises are facing the dilemma of "protecting profits" or "protecting customers".

Because enterprises raise prices means losing customers, and the consequences of not raising prices are losses.

Compression of profit space forces Ningbo enterprises to start