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Weak Demand In The International Market &Nbsp; China'S Textile And Garment Export Enterprises Are In Trouble.

2011/11/3 11:31:00 23

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According to the analysis of the textile index of Keqiao, China in October, it was affected by the weak international economic environment such as the euro debt, the US debt crisis and other international economic environment, which affected the domestic textile enterprises to a certain extent. Due to the sharp decline in export performance and the reduction of orders in the US and Europe, the change in the US dollar exchange rate also brought certain orders to the enterprises.

risk

。

At present, textile enterprises have difficulty in receiving orders from foreign trade, and have great pressure on inventory. At the same time, they are subject to rising labor costs, appreciation of the renminbi, and fluctuations in raw material prices.

lending rate

The rise of many bad factors will lead to the re entry of the domestic textile industry.

Shuffle pattern

The export situation is not optimistic.

International market of textiles

Weak demand

The textile export market is still in the doldrums due to the lack of improvement in the global recession and the deadlock in the global debt crisis.

Europe and the United States reduce the financial burden of huge debts and lead to a prolonged downturn in the real economy, coupled with the high inflation rate at present. The stimulus policy should not be launched too early. The policy is in the observation period, and the sluggish economy will lead to a decline in consumption. Western governments prefer to restrict imports and encourage export measures. The slowdown in global economic growth has led to a weak demand in the international market for textiles.

Continued appreciation of the RMB against the US dollar further squeezed export profit margins

Domestic enterprises are generally worried that if the Renminbi revaluation will further squeeze its meager profits, if it wants to raise prices, it will worry about the loss of orders.

By October 28, 2011, the median price of 1 US dollars to RMB was 6.3290 yuan.

Once the RMB exchange rate has been "stir fried" by the United States and Europe, the domestic textile and garment export enterprises are generally worried that the pace of RMB appreciation will accelerate, which will also affect their psychological expectations of the export prices of products.

The export situation of small and medium textile enterprises is still very serious in the second half of the year.

Under the background of the turbulent global economy, the whole

Textile industry

Recovery is difficult.

The competitiveness of small and medium-sized textile and garment enterprises is not enough, and cash flow shortage and RMB appreciation are all the disadvantages.

In the second half of this year, small and medium-sized textile enterprises will continue to export in a rough and rough way, and export orders will continue to decline in the short term.