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    Ministry Of Industry And Commerce: Profit Margins Of Textile Export Enterprises In The First 4 Months

    2011/6/7 13:58:00 74

    Profits Of Textile Export Enterprises

      

    The Ministry of industry and Commerce released the spring report on China's industrial economic operation in 2011, which is expected.

    consumer goods

    The industry will continue to grow steadily.


    In the 1-4 month, the added value of consumer goods industry increased by 14.2% over the same period last year, down 1.4 percentage points compared with the same period last year, of which 13% increased in April.

    The added value of the textile industry increased by 9.9% over the same period last year, down 3.2 percentage points from the same period last year.

    Among the main products, yarn production was 8 million 460 thousand tons, an increase of 10.6%; cloth production 17 billion 900 million meters, an increase of 15.7%; clothing 7 billion 370 million pieces, an increase of 13.5%.

    With the increase of minimum wage standards in many provinces across the country, the increase of residents' income, especially the increase of rural residents' income, will encourage more consumption policies. Under the situation of domestic consumption support and export recovery, consumption growth will still be the highlight of promoting the industrial economy.

    In the first half of the year, the growth rate of consumer goods added value is stable at around 14%.


    From the price point of view, the output of major agricultural and sideline products has maintained steady growth, and domestic cotton prices have dropped rapidly.

    In April, the domestic cotton price index (level 328) and the Qian Qing market pure cotton yarn prices were 26927 yuan / ton and 35600 yuan / ton, up 63.6% and 45.3%, down 3201 yuan / ton and 1500 yuan / ton respectively.

    Polyester chips, polyester staple fibers and

    Polyester filament

    The price is 12925 yuan / ton, 13500 yuan / ton and 16150 yuan / ton respectively, down 575 yuan / ton, 900 yuan / ton and 100 yuan / ton at the end of last month.


    From the point of view of exports, the value of export delivery reached 21.5% in the textile industry, up 6.7 percentage points over the same period.

    According to customs statistics, exports of textiles, clothing and footwear amounted to $28 billion 900 million, $39 billion 600 million and $11 billion 900 million in 1-4 months, up 34%, 22.9% and 22.9%, respectively.


      

    Consumer goods industry

    Many small and medium-sized enterprises sell products mainly in the international market, which are very sensitive to RMB appreciation and interest rate increase.

    Due to multiple factors such as cost increase and exchange rate fluctuation, the profit margins of some small and medium-sized textile enterprises, which are mainly export oriented, have been compressed. They are at the margins of profits and losses. They need to attach great importance to the phenomenon of shutting down and shutting down.

    According to statistics of the textile industry association, the financial cost of the textile industry increased by 40.2% in the first quarter, much higher than that of the main business revenue by 7.6 percentage points.

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