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East China Fair is optimistic about textile Lengnuanzizhi orders - Textile Company - Screen Printin by srf asgas
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East China Fair is optimistic about textile Lengnuanzizhi orders - Textile Company - Screen Printin by SRF ASGAS
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| Article Posted: 12/14/2010 |
| Article Views: 63 |
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East China Fair is optimistic about textile Lengnuanzizhi orders - Textile Company - Screen Printin |
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Business,Business News,Business Opportunities
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1 March, 20 th East China Import and Export Fair (hereinafter referred to as "the fair"), lively opening. Taiwan's foreign trade in this industry, known as "the first Chinese New Year Show" show on Textile Clothing Industry singing "hero." The Commerce Department said the first day of exhibitors showed export turnover of goods, textile and clothing goods turnover of 101 million U.S. dollars, up 15.71%, accounting for the day show the ratio of the total turnover of 57.71%.
First glance, this result fairly optimistic. Some participants in the textile and apparel enterprises seem confident enough to have company even said that, in accordance with the current momentum, its export volume this year, "back to the 2008 level." Even the spectators were infected by the media that is described as "happy" feeling, "exposure to crowds such as organization of the scene, feel the fair getting better, 'popular' gradual rise in the atmosphere."
Unfortunately, things have two sides. Several days later, we heard the voice of pessimism. To sum up is: the top face of labor and the impact of increased raw material costs, the bottom is excess capacity and low-end products homogeneous competition, product difficult to raise prices, corporate profit margins have been compressed, more terror, is still shrouded the top of RMB appreciation Supremacy.
For raw materials such as cotton prices, the industry may be mentally prepared. "Labor shortage" is not new, but the extent of the outbreak when the festival focused on a number of textile and garment enterprises, or to feel a bit caught off guard, not only to increase labor costs, normal production was also affected.
The recent news that authorities are on the textile industry for RMB appreciation pressure on the test message, but also cause panic in the industry. The news is seen as a sign of RMB appreciation, some analysts believe that if the yuan has appreciated 3%, low-end products, margins are small and medium textile enterprises will carry not live; if the appreciation rate of 5% is strength, and large enterprises will be out of breath.
Recently, however, those involved have come forward to try to quell the speculation, saying the stress test only "normal", and Only then just sit spinning clothing business in mind. May again, be calm speculation may sometimes become a reality, companies can not be taken lightly.
In addition, the foreigner's wallet seems to cover their comparatively tight, some companies complain that the order book is mostly "thin."
Services for Chinese textile export enterprises pay at the embarrassing situation of cotton enterprises do not only as a "fun" look. There are a considerable part of the firm of cotton enterprises optimistic and keep cotton reluctant sellers, the total dream of cotton prices will surge, but look at the situation of the downstream business, keep cotton companies should probably clear your mind, an early formulation of an appropriate business strategy.
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