Guatemala Garment And Textile Industry Is Affected By Rising Raw Material Prices.
Lately
Oil prices continue to rise
It has improved in recent days.
After a major earthquake in Japan, prices are still high, but it is estimated that food will still be affected by crude oil.
Although the oil on the New York stock exchange remained at US $$101.16 per barrel, it returned to US $$100 or above.
LuisAyala, deputy director of the Ministry of energy and the Ministry of mines, said, "oil has affected the basic living expenses of any economy.
Oil can be in decline for some time, but the market will continue to seek oil without any surplus.
In addition, members of the board of directors of the clothing and textiles Committee
AlejandroCeballos
The global economy is fragile, and vulnerability comes from the depreciation of the US dollar.
As the same department, we believe that inflation will continue in this year.
In addition, AlejandroCeballos also said that the clothing and textile industry is going through a difficult time because the world does not have enough raw materials to supply.
All products are rising, such as cotton, wheat and coffee. The price of the products is higher and higher, and the clothing and textile industry is also affected.
Rising raw material prices
Influence.
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