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    How To Turn Danger Into Opportunity Under Trade Friction? 6 Major Initiatives Of Henan Textile Association To Guide Enterprises

    2019/5/24 17:26:00 7831

    Trade FrictionHenan Textile Association

    Recently, Sino US trade war has become the focus of attention of the industry.

    Many textile enterprises call the Henan Textile Association to express concern about the impact of trade friction.

    "

    Henan textile enterprises do not have much influence on the quantity and products of direct exports.

    Besides, textile and clothing are not the focus of disputes.

    From the perspective of turning danger into opportunity, this may be a catalyst for China's textile and garment industry to go out.

    Yuan Jianlong, executive chairman of Henan Textile Industry Association

    Said that the first time the association reported to the provincial government and relevant departments about the operation of the textile industry in the whole province, and the wait-and-see sentiment of some enterprises, and more actively responded.

    In response to the US tax increase action, China is forced to take counter measures.

    Recently, China's exports to the United States of soybeans, corn, automobile $200 billion products also increased by 25% tariffs.

    In May 20th,

    Zheng cotton CF1909 price of 13935 yuan / ton, basically a low-level stage.

    On the same day,

    The turnover rate of the national cotton mill is 98.57%, and the price is 3128 yuan 14662 yuan / ton.

    Enterprise procurement has little impact on weekly calculation.

    Yarn sales prices declined slightly.

    The pressure and risk of cotton enterprises with more reserves will increase suddenly, and the short-term prospects will be dim.

    Xinxiang egret group

    Productive

    Viscose rayon, viscose staple fiber and spandex fiber

    The three major products are sold throughout the country and exported to more than ten countries and regions such as Philippines, Indonesia, Malaysia, Singapore, Japan, Korea and Central Asia, Western Asia, Western Europe and North America.

    The head of the enterprise said

    If we take counter measures, we will have little influence on enterprises.

    The last time, when egrets imported half of the tariff of American pulp, the US side took on a large increase through negotiations between the two sides.

    If the tariff is increased again, if the original tariff can not be negotiated, enterprises will be ready to import from North America and elsewhere.

    "

    Alban Garment Co., Ltd.

    It is Henan's largest garment manufacturer and exporters. "

    Li Gang, President of Henan clothing association

    The company has more than 3600 employees in Shangshui county headquarters, as well as 79 companies holding 200 or more businesses in Henan, Anhui and Hubei.

    Alban mainly produces shirts and tops, and exports.

    Japan, Spain, Sweden

    More than 10 countries

    ,

    Annual export volume is 1 billion 300 million yuan.

    Sino US trade friction has little effect on ALBEN, and the production and operation of enterprises are flourishing.

    In the first quarter of this year, the clothing export of the province was 1 billion 500 million yuan, an increase of over 20% over the same period last year, and exports still maintained a good momentum.

    It can be seen that Sino US trade friction has little impact on Henan clothing.

    Some textile exporters believe that

    China should improve the investment environment, encourage the textile and garment industry to upgrade its technology, and strengthen the free trade agreement with ASEAN, the European Union, the "along the way" countries and the central and South American countries, so that China's textile and clothing products will have more sales targets.

    Yuan Jianlong believed that

    Sino US relations

    Unlike the previous rounds of big power relations, it is difficult to be independent of market relations or financial relations.

    In the long run, it is still a win-win relationship. The key is to do well in our own business.

    The Sino US trade conflict has caused some enterprises to reduce orders, lower prices, increase inventories and increase the risk of accounts receivable. How to deal with them?

    Yuan Jianlong put forward

    Six measures:

    everything

    We should continue to be cautious, pay attention to the game at the national level, pay attention to the fluctuation of commodity prices, and pay attention to factors such as oil, tariff and exchange rate.

    Two is

    Clear the way of thinking, do a good job in the allocation of domestic demand market, increase the intensity of product research and development, strengthen the market bearer in various fields, rationally differentiate and digest inventory, and sell products and purchase cautiously.

    Three is

    We should adjust the allocation of raw materials and avoid competition with Southeast Asian yarns.

    Four is

    We should give full play to our own advantages, enhance the competitiveness of our products, enhance the bargaining power of our products, choose multiple channels for procurement, and maintain a stable stage.

    Five is

    We should pay close attention to the encouraging policies and guidance of the government, and fully tap the market potential to further enhance the potential of enterprises, reduce consumption and develop high-quality products.

    Six is

    Firm belief, face contradictions, develop bravely and embrace together.

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