Vietnamese Fabric Prices Skyrocketing, Affecting Clothing Exports
First, raw materials are priced without market. Fabric and accessories Sharp rise in price, such as khaise cloth from 50 thousand shield / rice rose to 90 thousand shield / rice, but sales sluggish, now has entered the peak summer clothing production, sales are still declining.
The two is the reduction of garment production. Clothing companies have taken measures to reduce production, reduce investment, reduce inventory and avoid losses. Some clothing has even been cut by more than half.
The three is the decline in ready-made clothing sales. at home purchase In the absence of strength, Garment factory The price of garments is increased by 30-50%, resulting in a marked decline in clothing sales. The sales volume of Xigong second Textile JOINT-STOCK Company has dropped by 30%.
The four is facing competition from Chinese clothing. China's clothing, which is self-contained, low in production cost and cheap in price, has made great pressure on Vietnamese clothing.
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