The 108 Canton Fair: Rising Prices Of Raw Materials To Block Textile Export Routes

　　 There are 56 thousand standard booths in the textile and clothing Hall of the Canton Fair. The total area of the exhibition is 1 million 120 thousand square meters. There were 3936 exhibitors, 53 more than the previous one, and 8441 exhibitors. Among them, there were 223 special exhibition stands, 1259 special exhibition companies, 276 exhibitors and 1418 exhibitors.

As of November 2nd, textiles clothing The total turnover of the museum was 4 billion 560 million US dollars, down 2.6% from the 107 session, increasing by 7.9% over the 106 session. Among them, textile yarn fabrics and raw materials traded at 300 million US dollars, down 13.5% from the 107 session, up 5.1% over the 106 session, accounting for 13.1% of the total turnover, and the domestic textile and garment accessories traded at 890 million US dollars, accounting for 39.3% of the total turnover, 1% increase over the 107 sessions, and 106 growth over the 106 session.

At this Canton Fair, the export of brand products reached US $570 million.

From the perspective of market structure, the European market was trading at 990 million US dollars, an increase of 1.6% over the 107 session. The US market traded 320 million dollars, down 6.1% from the 107 session, and the Japanese market traded 130 million US dollars, down 12.2% from the 107 session.

　　 This Canton Fair, exports Deal Encounter different from the past difficulty 。 The main performance is: the merchants are full of orders, and there are many medium and long term orders. Although the enterprises have seen the optimistic situation of export improvement in 2011, the export enterprises are in a very passive situation because of the large increase in raw material prices and the fast rising speed this year. It can be said that the sharp rise in raw material prices is the biggest pressure facing enterprises. In the past, the exchange rate changes which had great impact on the transaction, and the role of financial instruments such as continuously improving export credit insurance and long-term locking rate were no longer the most important factor in the export transaction of the exhibitors at the Canton Fair.