India Raises Clothing Export Prices
孟买消息:印度卢比对美元和欧元强劲升值,原材料价格飞涨,导致命悬一线的纺织工业遭受沉重打击。
Almost half of India's textile and clothing exports are exported to the US and European countries. The appreciation of the rupee has led to the exporters' profit margins and export targets out of control.
The flow of foreign currency in the stock market increased on Monday, with the rupee in India reaching 44.97 against the dollar, a new 18 - month high and 61.76 to the euro.
Over the past 5 months, the domestic currency has appreciated nearly 14.5% against the euro, and has appreciated more than 5% against the US dollar.
What makes the textile industry even more painful is that in the past 6 months, cotton and cotton yarn prices have increased by 20-25%, and exports to Bangladesh, South Korea and China have increased.
The price of cotton in March 2010 increased by more than 2% to 27800 rupees /candy compared to the 23200 rupee /candy in July 2009.
The price of cotton yarn increased by 25% to 175 rupees / kg, compared with 140 rupees / kg in the same period last year.
服装出口促进委员会会长PremalUdani说,为此,许多公司,如Gokaldas出口公司,Arvind以及Alok工业,不得不将服装价格提高12%,但是在与外国买家谈判提价的时候,非常艰难。10月-1月订单通常在3月份预定。印度最大服装出口商Gokaldas出口公司董事长RajanHinduja预计,与前6个月相比,利润率将减少20-25%。
The India industry and Commerce Association said that until recently, the company looked forward to the revival of western demand after 2008-2009 years of economic recession, and they were left in the cold war and millions of people lost their jobs.
Textile exports decreased by 1.71% in April 2009 to 21 billion 750 million US dollars in March -2010, compared with 22 billion 130 million US dollars in the same period last year.
出口商无法将纱线价格上升转嫁给买家。Tirupur出口商协会会长ASakthivel说,出口商感觉到压力。由于面料价格猛涨60-70%,他们的生产成本已经增加25-30%。
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