"Shortage Of Money" And "Order Shortage" Frequently Attacked The Chemical Fiber Industry.
Textile industry has always been the "fist product" of China's exports. As the largest producer, exporter and consumer of textile industry in the world, China's textile exports account for 25% of the world's total exports.
In recent years, China's textile industry has been repeatedly influenced by foreign anti-dumping and special safeguard policies. At the same time, domestic enterprises are facing difficulties such as export rebates, appreciation of RMB and labor costs, and profit margins.
Therefore, China's textile exports are under pressure, export growth is slowing down, and the export situation is not optimistic.
China's textile industry must achieve rapid and better development through industrial upgrading, product optimization, strengthening brand building, enhancing the added value of products and increasing the overall competitiveness of enterprises.
The appreciation of the name currency is both good and bad.
The negative impact of the appreciation of the RMB on the textile industry is not to be ignored.
RMB appreciation of 1% per cent, the textile industry sales profit fell by 2%-6%.
If the renminbi appreciated by 5%-10%, the profit margin of the industry dropped by 10%-60%.
In particular, the garment industry with a high dependence on exports has suffered a lot of damage.
The advanced enterprises in the listed companies, because of the higher profit rate, lead to a decrease in the proportion of tradable goods in cost, with a larger absolute amount of damage per 100 yuan, but a smaller decrease in profit margins, and a stronger bargaining power. Therefore, the negative impact of the appreciation of leading enterprises is less than that of the whole industry. However, if the RMB continues to appreciate, the marginal negative effect of its appreciation will be enlarged if the bargaining power of enterprises decreases.
Textile enterprises encounter "exports" Order shortage "
Cotton prices began to fall after the Spring Festival, while orders for textile and garment export enterprises all over the country decreased, and garment exports dropped by 5 in 1-4.
After soaring and plummeting, many customers choose to wait and see the market and postpone purchases.
Although the real needs of customers still need to order, but in the recent cotton drop, there are many small bills and urgent orders.
At the same time, according to zhuochuang, the order of some import and export companies and cotton prices were down by about 8-10% when the price of cotton was stable.
Small and medium-sized garment enterprises are losing money.
Cotton price
During the rise, many cotton growers put up cotton in large quantities, but now they are losing sales and losses.
The cost pressure of spinning and weaving enterprises is also very large.
The price goes up, and the market is affected by buying up, not buying or falling.
If the market is lagging behind, the cotton prices of the high price cotton producers will fall after the finished products, and the prices of finished products will also drop.
At the same time, if cotton prices fall, cotton growers will be frustrated in their enthusiasm for planting, resulting in a reduction in output and a new round of ups and downs.
Stable cotton production is the stability of the whole industrial chain.
The source of Wan Ben
".
Large fluctuations in output will drive the price fluctuation of lint, yarn, cloth and other subsequent products. Government departments should intensify efforts in cotton seed subsidy and temporary storage system to keep cotton prices basically stable.
Under the state's macroeconomic regulation and control, the "money shortage" drama was staged.
Since May 18th, the deposit reserve ratio of deposit financial institutions has increased by 0.5 percentage points.
This is the fifth time the central bank has raised the deposit reserve ratio in the year, and the eleventh increase since last year.
The increase will be able to lock up 370 billion yuan of commercial banks' funds.
The increase in the deposit reserve ratio is mainly aimed at hedging the liquidity pressure caused by the high growth of foreign exchange.
At this point, the deposit reserve ratio of large commercial banks rose to a historical high of 21%.
"Money shortage" has become another factor affecting the textile industry. Under the influence of economic inflation, the macroeconomic means such as reserve ratio and interest rate increase have been gradually applied, and 99% of SMEs can not get the support of bank credit.
Recently, most textile enterprises have said that the capital chain is almost broken.
Recently, most enterprises have said that the bank's loans are difficult, and the market has received more. Labor costs, pportation costs and costs have gone up.
The rising prices of raw materials, the appreciation of the renminbi, the rising cost of labor, and the tight supply of energy have had different effects on the small and medium-sized enterprises with high industrial concentration.
In particular, the breakup of the capital chain has made enterprises feel the fear of life and death.
Many textile and garment enterprises are experiencing "cold winter", but recently, the frequent adjustment of national policies is limited. Whether enterprises can survive the cold winter or not, to a greater extent, need to "save themselves".
Industry experts also believe that after the labor pains, small and medium-sized garment enterprises need to survive from internal causes.
Whether it is state or government support, or investors' capital injection, they all belong to the external cause. Cultivating new profit growth points through brand and technology is the most effective weapon for enterprises to survive and develop for a long time.
- Related reading
Cotton Prices Plummet, Sting Millions Of Tons Of Cotton And Lose Billions Of Dollars.
|- brand building | Special Brand Building And Intellectual Property Protection In The Digital Age
- Finance and economics topics | In September 17Th, The Textile And Garment Sector Dropped By 2%.
- I want to break the news. | Researchers Use Light To Remove Toxic Dyes From Waste Water.
- Bullshit | Chao Brand BBC X Michael Kagan Joint Series Preview, Theme Of Space Travel
- Bullshit | I Wish You A Cool Personality.
- Fujian | Industry News: List Of 12 Leading Textile Enterprises In Shishi
- financial news | Jiangsu Sunshine (600220): Controlling Shareholders Pledge 20 Million Shares
- Bullshit | The Beauty Of Women'S Sweater Is Not Tight Inside.
- Bullshit | To Avoid These 5 Misunderstandings, The Next Fashion Designer Is You!
- Fashion posters | CONCEPTS X Timberland "Live Free Or Die" Shoes Will Be On Sale.
- Rising Cost Of Raw Materials And Labor To Promote Toy Prices
- Double Erosion Of Cost And Exchange Rate Changes: Yiwu'S Ability To Break Foreign Trade Predicament
- Giorgio&Nbsp; Armani Brand Regional Growth 80%
- KENZO (Kenzo) 2011 Autumn Winter Men's Show, Retro British Style (1)
- 東部紡織產(chǎn)業(yè)主打高端集聚牌
- Pink Temptation Brings Visual Enjoyment.
- There Is A Stripe In Everyone'S Wardrobe.
- Paris Fashion Week 2011/2012 Autumn Winter: Subversive Stance
- Kenzo 2011 Autumn Winter Dress Show
- Korea Ming Bao 2012 Spring And Summer Exhibition Trend Released