China'S Rising Commodity Prices Will Make Australia'S Textile Shortage.
Recently, China
textile industry
The production department tore up the business with Australian retailers.
Textile order
Australia will be out of stock.
Price increase
。
Chinese manufacturers give priority to the retail giants in the US and Europe, and meet the needs of China's domestic market, leaving Australia at the bottom of the customer base.
The unprecedented impact of textile products will lead to shortages and price increases in Australia after Christmas.
Inventory shortages have worsened over the past two weeks, as Chinese speculators hoarded raw materials such as cotton, resulting in a doubling of prices in the past year.
PillowTalk, a daily import company from China, said that long term suppliers in China began to abandon orders last week, saying that they had to supply the largest customers and domestic demand in China, which caused great impact on the prices and sources of goods in Australia.
KillarneyLinen, an Australian wholesale company, said that Chinese factories asked for a 26% rise in the price of contracts signed several months ago, and the delivery time was extended from 6 weeks to 6 months.
LinenHouse, which supplies Chinese made textiles to major retail chains in Australia, says that Chinese factories demand a 10% rise in existing orders.
Jones, chairman of the MichaelJones, said that at the end of last month when he visited China's largest Shaoxing Textile Expo, Chinese manufacturers said they were running at full capacity.
This is due to the fact that 25 million to 30 million workers were laid off during the global financial crisis, and the Chinese government vigorously promoted domestic consumption and reduced reliance on exports. As China tried to maintain large orders in Europe and the United States, Australia, which had relatively small orders, became the first country to be affected.
- Related reading
Pakistan Authorities Urge The Government To Repeal The Anti-Dumping Duty On Polyester Staple Fibres
|- Pay attention to employees | Jiangmen Shoe Enterprises Firmly Believe That "The Tide Hits The Sand And Sees The Real Gold".
- Celebrity endorsement | The Wedding Shoes Worn On Carina Lau'S Wedding Day Are Worth 8800 Yuan.
- Celebrity interviews | Li Zhi: Reform And Opening Up Made My Achievements Today.
- Exhibition focus | Take What Decisive Terminal -- Summit Forum
- Market quotation | We Are Worried About The Trend Of Small And Medium Enterprises.
- Pay attention to employees | A Shoe Factory Worker Disputes With A Factory And Dies.
- Celebrity endorsement | Xun Zhou Is Riding A Bicycle With High Heels.
- Global Perspective | What'S Wrong With LV?
- Pay attention to employees | Footwear Exports In Jiangmen Suffer From "Cold Current"
- Industry Overview | Sports Shoes Lead The Market Of Leather Shoes
- State Securities: Hot Spots Of Textile And Garment Sector This Week (Recommended Stocks)
- International High-End Garment Industry Adds "China Voice"
- Lack Of Development Standard Testing Promoted By Nanotechnology And Development Bottleneck
- "Thousand Years Of Cold Winter" To Secure The Down Garment Manufacturer &Nbsp; Merchants Offer A Substantial Discount Sale.
- Shishi Textile And Apparel Exports To The US "Three Digit" Growth
- "Unfair Competition Law" Overhaul Unfair Competition Or Be Punished By Sky High Price
- Chongqing Children Clothing Sampling Inspection &Nbsp; 13 Brand Clothing Blacklist
- Chongqing Wulong County: 3200 Mu Mulberry Will Wear "White Coat".
- First Visual Fabric Exhibition Cancels Tokyo Station
- The Seventh China Clothing Brand Annual Award Starts In Fujian Shishi