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It Is Difficult To Grasp Market &Nbsp; Dealers In Light Textile City Sigh Business Hard.

2010/7/21 10:31:00 45

Foreign Exchange Reform

  

Recently, reporters in China

Textile City

During the visit, it was learned that although the textile production tradition had been in July and August

Low Season

However, the order situation of some textile enterprises directly or indirectly engaged in export business is still optimistic.

However, sufficient orders do not make production enterprises happy because the fluctuation of raw material prices and RMB exchange rate makes it difficult for them to grasp the market.


The head of a textile import and export enterprise in China Textile City said that the European and American orders are still optimistic, and it is expected that this trend will remain sustainable in the future.

However, the current situation is still weaker than that in April and May. The reason is that after the reform of the RMB exchange rate formation mechanism has been restarted, the buyers and sellers are hard to grasp the exchange rate changes in the future market.

It is reported that some enterprises have agreed with foreign merchants to reserve certain price adjustment space when meeting orders, so as to cope with the change of raw material cost and RMB exchange rate.


Insiders say that from the source of orders,

Foreign exchange reform

After the restart, foreign direct orders are basically stable, but orders from foreign trade companies to production enterprises have been reduced.


"No longer dare to pick up the list. I don't know how the price of raw materials will change."

The head of a foreign trade enterprise of China Textile City International Trade Area says that as the raw material of the textile industry, domestic cotton 95% is used for spinning, cotton from seed cotton, lint to yarn, to weaving, dyeing and finishing, finished products and products export, and has a wide chain of upstream and downstream industries. At present, the price rise of raw materials is continuing to downstream.


The first two years are still racking their brains for rush orders. Why did the order become a hot potato this year?


"Orders this year are particularly abundant, and almost all factories are fully powered."

Insiders told reporters that with the slight improvement in European and American economies, a large number of foreign customers began to replenish this year, so the factory plans are full of orders.


However, Keqiao's foreign trade enterprises have not been encouraged by the abundant orders, which is mainly about the price of raw materials and the fluctuation of RMB exchange rate.


"Now the price of raw materials is rising so much, what if the back is down?" industry insiders say, the company is doing all the old list, rarely to pick up the new list, especially the long term, large amount of raw materials.


"We hope that the market will be stable and we will be fed up."

Li Jianhai, a manager of China Textile City, sighed. He said that business was doing more than any other year this year, but it didn't earn much more than before.

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