The High Price Quoted In The Textile And Garment Industry Has Been Discouraged By Foreign Investors.

Raw material

Price rise

The impact is becoming increasingly prominent.

4 days,

The third phase is concluded.

And agricultural products.

The Economic Herald reporter learned from Shandong's business system and related enterprises that although our province's enterprises did everything possible to reduce costs, the increase in the price of raw materials due to the sharp rise in raw material prices led to a lot of pactions between the two sides of the paction.

According to statistics of Shandong Provincial Department of Commerce,

The three phase of our textile and garment export business was US $180 million.

suffer

Reduction of production

With the expansion and other factors, the production cost of enterprises has greatly increased, and the external quotation has also been raised accordingly.

And other upstream intermediate products because of the strong bargaining power, the increase is more than 60%.

The increase in the cost of cotton prices is mainly caused by household expenses.

And so on, the final product manufacturers digest, leading to a decline in the price competitiveness of such products.

In the current Canton Fair, the turnover of household textiles and clothing exports in our province decreased by 33.5% and 21.5% compared with the previous one, and the textile fabrics dropped by 17.1%.

Ji'nan Municipal Bureau of Commerce directed at 14 participants.

A survey conducted showed that although many foreign businessmen participated in the Canton Fair, many orders were also issued, but most textile and garment enterprises were afraid to take orders because of the rising prices of raw materials.

According to statistics, the current issue

The export of agricultural products in our province was 48 million 147 thousand US dollars, which was also lower than the previous one. The main reason is also the high fluctuation of raw material prices.

It is understood that during the Canton Fair, the prices of ginger, vegetables, rice, starch and so on rose sharply, while the prices of apples and pears rose by about 20%.

Qu Xuelei, manager of the foreign trade department of Shandong golden capital Tallinn Food Co., Ltd., without worry, said that many domestic agricultural products sold at home were higher than the export quotations, which made many overseas buyers shrink away from Chinese agricultural products.

He expects the price increase of agricultural products to continue, and it is hard to call back until next August.