Raw Material Prices &Nbsp; Textile Enterprises Profit Reduction

　　 The third phase of the 108th Canton Fair was unveiled yesterday, the three phase of the exhibition. Textile and clothing Category products are China's traditional important export products. Reporters visited yesterday to know that the increase in labor costs, the rise in prices of raw materials and the rise in exchange rates have become the "three big mountains" of textile enterprises' exports. "Changes" of these factors make them feel "unpredictable" for the export market this winter and next spring.

Most of the exhibitors have reservations about the anticipation of the export situation next year. Pombo, head of market development at the Yang Yang Fan Industrial Co. Ltd., said that the status quo has been very good.

September Cotton price Up 30%

Liu Jianwei, head of the world's largest high-end shirt fabric producer, said that the price of cotton was 17000 yuan per ton in the same period last year, and now it has reached 38000 yuan per ton, only in September, the price of cotton has risen by 30%. Although it has its own planting center, it still has a great impact on the enterprise.

Wang Kaihong, deputy manager of import and export of the textile and weaving group, said that the Department is mainly based on the European and American market. From this year's orders, the other market has recovered fairly well, but due to the excessive fluctuation of exchange rate and raw materials, the company's long list of more than half a year has been afraid to pick up the twenty-eight.

Yu Weihong believes that despite the existence of imbalance between supply and demand However, the soaring price of raw materials such as cotton has much to do with speculation and stockpile.

Rising prices of products are hard to keep pace with rising costs.

Despite the rising cost of raw materials and manpower and the appreciation of the renminbi, exhibitors generally reflected that customers were not allowed to rush to raise their prices when they were quoted.

Wang Dongxing of the Jiangdong Plastic Co., Ltd. wrote accounts to reporters: since the beginning of this year, the price of raw materials has increased by 10%, the labor force has risen by 5%, and the appreciation of the renminbi has been nearly 3%, but the price of finished products can only rise slightly by 5%.

　　 "After the economic crisis, the purchasing power of Europe and the United States has declined, and the price of products is hard to rise, which can not keep pace with the rising cost." Li Zhiqi, manager of American Trade Department of Erdos Cashmere Group, said.

Zhonghua Huarui economic and Trade Co., Ltd. is expected to raise the order price by 30%, but Miss Zhang, the export manager, said, "such an increase does not yet know whether purchasers can accept it."

At present, China has become the world's largest textile and garment export country. Last year, China's cotton imports accounted for about 1/3 of the world.

Insiders expect that the rising demand from both domestic and international markets and the shortage of raw materials for textile and clothing have become a major obstacle to the export of textiles such as textiles in China, and may affect the development of China's textile industry within a certain number of years.