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    The Weak Market Has Intensified The Export Price Raising Ability Of Textile Enterprises.

    2008/8/28 14:45:00 21

    Export Of Textile And Garment Enterprises

    According to the statistics, the comprehensive price index of China's textile exports increased by 8.08% in the first quarter of this year, and the volume growth rate was 8.90%, while the textile export volume increased by 17.70% during the same period. However, since the two quarter, China's export price growth began to accelerate. In the first half of July, China's textile export composite price index slowed down to 3.52%, and its growth rate dropped to 5.21%. Meanwhile, the growth rate of textile exports also dropped to 8.92% during the same period, and the contribution rate of price to exports was significantly lower than that of the quantity.

    According to the analysis of professionals, the slowdown in textile export is obvious due to the weakening of international market demand, RMB appreciation, raw material prices and rising labor costs.

    In the race against costs and RMB appreciation, most enterprises can only cope with the burden of shifting export prices.

    "But under the background of full competition, the price increase is a double-edged sword, which often means the loss of some orders, and the cost is also heavy.

    In the first 7 months of 2008, the average contribution rate of export prices to export growth showed a gradual downward trend. In another way, it may also mean that China's textile export pricing ability is gradually declining.

    He said.

    The head of a large textile enterprise in Shandong told our reporter that from the cold and cheerless scenes of this year's Canton Fair, it is obvious that the domestic textile industry has not much room for raising prices. This year, it is clear that the surrounding market has a significant impact on the domestic textile and clothing industry in the loss of orders.

    In the short term, this situation is hard to reverse.

    It is worth noting that the trend of textile and clothing export prices deviates from each other.

    Textile exports in July increased by 22.62%, while clothing exports increased by only 1.45%. Clothing became the "worst hit area" for exports.

    The increase in clothing export prices slowed from 12.47% in the first quarter of this year to 4.02% in 1-7, and the number dropped from 0.10% in the first quarter to 2.47% in the previous July.

    In textile and clothing exports, the proportion of textiles and clothing is basically 40%: 60%. We can think that the fall in the price increase of clothing exports is the main reason for the progressive failure of the overall textile export price.

    In addition, the three traditional markets in the US, Hongkong and Japan are losing more orders.

    The first textile network statistics show that in the first 7 months of this year, the volume of textile and clothing exports increased by only 5.21%, a 5.53 percentage point drop compared with 2007. The number of the US and Hongkong decreased most obviously, reaching -8.12% and -20.41% respectively, while the number of other important export markets in Japan increased by only 0.18%.

    In the four traditional export markets, only the EU benefited from quota cancellation and the relative stability of its economy, and the number increased by 19.96%.



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