Lanxi Textile Enterprises Have Not Dared To Pick Up The Canton Fair.

Textile

At the booth of the Lanxi textile enterprises exhibitors, the foreign merchants who came to know the product situation and approached the business were always there.

Exhibitors said that the number of customers approached this year increased by 30 to 40% compared with that of last year, and the number of customers at the scene was more than that of last year, which was rare in the past year's Canton Fair.

However, in the face of better textile market, Lanxi enterprises are generally cautious.

In the face of nearly $200 thousand, a textile company is afraid to pick up.

Textile business executives say that cotton prices are rising too fast, big bills don't dare to pick up, and then they mean losses.

Lanxi Yongxin Weaving Co., Ltd. Zhang Zhongfa told reporters that from the second half of last year, the impact of production reduction, cotton prices rose, from 19 thousand yuan per ton to 29 thousand and 500 yuan.

In the two day of the three session of the Canton Fair, cotton prices rose by 3000 yuan per day and 40 thousand yuan a day.

The rise in product prices is far behind the rise in cotton prices.

If the order is now signed, the current price is signed, the delivery price will be increased in half a month or a month, and the loss of the cotton will undoubtedly be increased.

In the past month, for example, the contract signed in the previous month will be delivered to today. A product of a cabinet (50 thousand meters) will lose about 300 thousand yuan.

Cotton prices are rising fast, plus the uncertainty of RMB exchange rate and so on. The greater the risk of multiple orders, the more losses it means.

Although it is prudent to take orders, but should deal with the unfavorable factors such as the sharp rise in cotton prices, Lanxi textile enterprises have their own "trick": some enterprises can deal with them through small bills and short lists, which can reduce risks; some enterprises disperse customers and sign orders with multinational merchants, so that risks can be dispersed and death can be prevented in a tree.