[Weaving Ribbon News] Despite the large number of orders and rising prices, due to concerns about changes in exchange rates and raw material prices, textile companies generally adopt the method of not taking long orders to avoid risks. This is the 109th Canton Fair that ended on May 5. In the case of the third phase, among the orders signed at the fair, medium and short orders accounted for 90%, and orders over 6 months accounted for only 10%.

    According to online reports, after the economic crisis in 2008, short- and medium-term orders in the textile industry began to dominate, but the reasons for this year have changed. The main reason for short-term and mid-term orders in the first two years is that buyers are more cautious about the market outlook, mainly replenish stocks in stages, and are reluctant to place long orders; this year, the situation is completely different. Due to frequent changes in exchange rates and raw material prices, export companies Generally, they dare not sign long orders or even take orders, and the profits of export enterprises have fallen significantly. According to data from the Ministry of Commerce, the average profit margin of Chinese export enterprises was 1.47% in 2010, and further decreased to 1.44% from January to February this year.

    The price increase of raw materials is the biggest problem facing textile companies. The annual increase of domestic cotton prices from 2005 to 2010 is 5%, 3%, -5%, -5%, 40% and 86%. In addition, the difficulty in recruiting workers caused the insufficient start of work, and the appreciation of the RMB, which caused the industry's export costs to rise by 10-20%. In order to transfer cost pressures, textile companies had to increase their quotations. At the China International Trade Fair held in March this year, the quotations of textile companies' orders were generally increased year-on-year 15%~20%, the price increase at the Canton Fair is similar to this.

    In the first quarter of this year, my country's textile and apparel exports reached US$48.627 billion, a year-on-year increase of 23.96%. In February, the monthly export value exceeded US$20 billion for the second time in history, setting a record high and continuing the rapid growth in 2010.

    However, the reasons behind the increase in export value this year have quietly changed. Wang Qianjin, editor-in-chief of No.1 Textile Network, said that as of 2011, the “leader” driving the overall export growth of China’s textile and apparel has changed from quantity growth to rising export prices, which also shows that export enterprises are facing increasing costs Pass the pressure.

    Wang Qianjin believes that with the rise of domestic factor costs, the era of Chinese textile export products opening up the market at a lower price is over. Compared with the rapid increase in the prices of manpower and raw materials and the limited increase in export prices before the end of 2007, this year's situation is likely to indicate that China's enterprises have faced increased costs and the ability to tap potentials has been exhausted. In the future, they will enter an export product price and cost price correspondence The process of improvement.