Shaoxing: The export prices and volumes of the top five fabrics all fell
Relying on China Textile City, Shaoxing fabric exports have always occupied a dominant position in China’s fabric exports. Recently, reporters learned from the Shaoxing Entry-Exit Inspection and Quarantine Bureau that Shaoxing’s fabric export volume declined from January to May this year, and the decrease in exports to the EU was particularly obvious. According to statistics, from January to May, 1,152 batches of export fabrics were submitted for inspection by the Inspection and Quarantine Bureau, with a quantity of 41.586 million meters, an amount of US$59.4686 million, and an average unit price of US$1.43 per meter, which were 11.18%, 31.68%, and 40.32% lower than the same period last year. 14.69%. Spain, Belgium, Italy, the United Kingdom and Germany experienced the largest declines in export volume.
Manager Geng of Qianqing Shunhua Textile in Shaoxing County told reporters that their fabrics exported to the EU account for one-third of the company’s total exports. This year, the company’s exports to the EU have dropped by 15%, and the order volume has also increased significantly. reduce. A staff member of the purchasing department of a fabric export company in Keqiao, Shaoxing County also revealed that the continued European debt crisis has had a great impact on the company, and the cost of raw materials is not as advantageous as that of some Southeast Asian countries. “Now the company needs to import the cotton it needs for production from India. This can save thousands of yuan per ton.”
The reporter learned from the interview that the current price of cotton at home and abroad has been in an “inverted” state. Domestic cotton is about 5,000 yuan/ton more expensive than imported cotton. The price of cotton yarn in Pakistan is even lower than the price of Chinese cotton. The seriously inverted cotton price has directly caused cotton spinning companies to bear excessive raw material costs and caused a serious loss of market orders.
In this regard, experts from the Shaoxing Inspection and Quarantine Bureau analyzed that the city’s fabric exports are mainly trading companies, and there are not many direct exports by production companies. Trading companies have a big weakness in exporting fabrics, that is, they purchase what customers need. Seldom do they promote their new products and high value-added products to customers. In view of the current severe export situation, it is imperative for foreign trade companies to find new stable markets and customers.
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