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    Silk Industry Economic Report Released Cocoon Silk Industry Problems

    2013/11/12 9:03:00 26

    Silk IndustryEconomic ReportCocoon And Silk Industry

    < p > recently, China's < a href= "http://www.91se91.com/news/index_c.asp > > Silk Association < /a > issued the report on the economic performance of the silk industry in the first half of 2013 (hereinafter referred to as the" report "). The main factors affecting the economic operation of the cocoon silk industry are discussed. The report pointed out that the price of spring cocoon purchase was strong in 2013, and the average price of spring cocoons in the whole country almost rose to the highest price in history. This year's trend of high cost of cocoon raw materials is hard to change. The support of cocoon is undoubtedly the reason for maintaining the high price of raw silk. < /p >
    < p > raw silk prices continue to grow steadily this year, making the cost pressure of downstream industries such as weaving, < a href= "http://www.91se91.com/news/index_c.asp" > garments > /a, silk quilts, home textiles and other industries significantly greater than in previous years. Part a href= "http://www.91se91.com/news/ index_c.asp" > clothing enterprises < /a > have no choice of cotton and chemical fiber and other fabrics to replace real silk. In particular, silk products have experienced negative growth for the first time in the first half of this year, and raw material prices have begun to highlight the obvious restraining effect of the raw material processing. < /p >
    Since the beginning of this year, despite the obvious signs of improvement in the US economy, the European economy has been in the doldrums, the global economic recovery is generally slow, and the export orders to the EU are still insufficient. P In addition, some countries have implemented the loose monetary policy of oversize and forced RMB appreciation, especially the appreciation of the RMB exchange rate against the US dollar in the past 12 months by about 7%, which has exceeded the 6% red line that the general export enterprises can bear, and the difficulty of domestic enterprises' exports continues to increase. < /p >
    < p > according to the survey, the appreciation of RMB and the sluggish external demand are the two main reasons for restricting the export of foreign trade this year. Of them, 26.8% of enterprises have export losses, and up to 73.4% of the enterprises are involved in the appreciation of the renminbi. Therefore, China's cocoon and silk enterprises also appear the general phenomenon of weak growth in export orders. < /p >
    < p > in addition, since the beginning of this year, the central bank has implemented a prudent monetary policy and tightened banking liquidity. Many banks have slowed down their pace in terms of credit, and the phenomenon of "money shortage" has also come into being. In some areas, due to the pressure of liquidity and the tight financial position, SMEs have further weakened the ability of corporate credit financing and debt service, resulting in the possibility of obtaining credit lines from banks. < /p >
    < p > at present, the domestic silk market is growing steadily, but the export trend of the international market is still uncertain. With the influence of the comprehensive factors such as land environmental protection and energy restriction, rising raw material prices, labor cost increasing year by year, slow capital turnover, unfavourable season of domestic and export sales orders, and declining economic benefits, the report believes that the integration of various unfavorable factors on the economy has brought about many difficulties in the recovery of the economic operation of the industry, and the upward pressure on the economic operation of the industry is still large. < /p >
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