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    Under The Pressure Of Multiple Pressures, The Domestic Textile Industry Will Soon Reshuffle.

    2011/5/26 14:20:00 57

    Textile Industry Shuffle

    Under multiple pressures, China's

    textile

    The industry is facing a tough reshuffle.

    Business manager of an import and export company in Anhui has found that unlike previous orders for foreign manufacturers everywhere, "several garment manufacturers have not been contacted for several years, and have recently started frequent phone calls to see if there is a single connection."

    In the past, traders were chasing manufacturers, and now manufacturers are chasing traders for orders.


    According to the Ministry of industry and information technology, the added value of China's textile industry increased by 10.4% over the first quarter of this year, down 3 percentage points from the same period last year, down 1.2 percentage points from the fourth quarter of last year.

    The decline in cotton prices has not eased the plight of textile companies.

    "The price is rising, the more we buy, the more we dare not enter. The price of cotton is going up and down too much. Within a week, the price is very different. The risks faced by enterprises are very great. Now we only dare to take some short-term bills."

    Lu Jianzhong, general manager of Anhui Qianshan golden Heron dress, said.

    Judging from the turnover of the first phase of the Canton Fair this year, foreign purchasers took the initiative, but the short and medium accounts accounted for 89%, and the profits of the export enterprises were not high.


    The assistant general manager of Guangdong textile import and Export Corporation said that, even if the export tax rebate does not decrease, the export order of textile and clothing has begun to be sluggish, because the quotation is followed.

    exchange rate

    Fluctuations and rising manufacturing costs have scared many customers away. It is expected that 50% of customers will go to Southeast Asia in the worst scenario in the second half of the year.


    Under such circumstances, a large number of small enterprises are facing elimination.

    1/3 advantage in the first quarter of this year

    Textile enterprises

    It has created more than 90% of the profits of the whole industry.

    Among them, the average profit margin of not less than 10% of the enterprises accounted for 7% of the total number of enterprises, created 35.3% of the profits of the industry; the average profit margin of 5% of the enterprises accounted for 24.5% of the total number of enterprises, created 53.8% of the profits of the whole industry; the average profit margin of less than 1% of the total number of enterprises accounted for 68.5% of the total number of enterprises, its profits accounted for only 10.9% of the industry.

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