Canton Fair: Textile And Garment Export Situation Is Not Optimistic.
The third phase of the 108th Canton Fair was unveiled. The three stage textile and apparel products are our traditional important export products. Rising labor costs, rising prices of raw materials and rising exchange rates have become the "three mountains" of textile enterprises' exports. These factors "make them" unpredictable for the export market this winter and next spring.
Cotton prices rose 30% in September
Lu Tai, the world's largest high-end shirt fabric manufacturer Spin Head of Limited by Share Ltd Jian Wei Liu The price of cotton was 17000 yuan per ton in the same period last year, and now it has reached 38000 yuan per ton, only in September, the price of cotton has increased by 30%. Although it has its own planting center, it still has a great impact on the enterprise.
Wang Kaihong, deputy manager of import and export of Shanghai Textile Group, said that the Department was mainly dominated by European and American markets. From this year's orders, the other market has recovered fairly well, but due to the excessive fluctuation of exchange rate and raw materials, the company's long list of more than half a year has been afraid to pick up.
Yu Weihong, Dongguan Zhong Ling Garment Co., Ltd. believes that despite the contradiction between supply and demand, the sharp rise in raw material prices, such as cotton, has much to do with speculation and stockpiling of hot money.
Rising prices of products are hard to keep pace with rising costs.
Despite the rising cost of raw materials and manpower and the appreciation of the renminbi, exhibitors generally reflected that customers were not allowed to rush to raise their prices when they were quoted.
Wang Dongxing of Jiangyin Jiangdong Plastic Co., Ltd. has calculated the bill: since the beginning of this year, the price of raw materials has increased by 10%, the labor force has risen by 5%, and the appreciation of the renminbi has been nearly 3%, but the price of finished products can only rise by 5%.
"After the economic crisis, the purchasing power of Europe and the United States has declined, and the price of products is hard to rise, which can not keep pace with the rising cost." Li Zhiqi, manager of American Trade Department of Erdos Cashmere Group, said.
Zhejiang Zhongda Huarui economic and Trade Co., Ltd. is expected to raise the order price by 30%, but Miss Zhang, export manager, said, "such a rise does not yet know whether purchasers can accept it."
At present, China has become the world's largest textile and garment export country. Last year, China's cotton imports accounted for about 1/3 of the world.
Insiders expect that the rising demand from both domestic and international markets and the shortage of raw materials for textile and clothing have become a major obstacle to the export of textiles such as textiles in China, and may affect the development of China's textile industry within a certain number of years.
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