Canton Fair Clothing Orders Price War Difficult To Follow

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< p > the 115th Canton Fair will be closed today. As the main exhibition of the third phase of the Canton Fair, the a target= "_blank" href= "//www.sjfzxm.com/" > textile < /a > clothing enterprises generally reflected that the visitors were not active, but slightly better than the previous one. The price of orders continued to rise, and the price was not lowered due to the depreciation of the RMB and the price of raw materials. Under the situation of rising labor costs and other costs, it was difficult for the price war to continue, and customers could only pfer some low-grade orders to other Asian countries.

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Si Shulei, director of the International Business Department of Lu Tai textile Limited by Share Ltd, told reporters yesterday that the company will not lower the quoted price because of the recent depreciation of the RMB. Instead, some clothing quotations will be raised by 10% at this Canton Fair. Due to the strengthening of the design and new fabric research and development, the current order in Europe and the United States can still be p.

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In the past three months, the continued depreciation of RMB has relatively buffered the pressure of textile and garment export enterprises. However, because of the appreciation of the RMB rebounded in the second half of the year, domestic textile and garment exhibitors have been biting prices and failed to make concessions to international buyers in terms of exchange rate. P

A large state-owned foreign trade enterprise in Shanghai was responsible for the interview with our reporter. The company quoted high prices at the Canton Fair. At present, the exchange rate is still accounted for by 6.1, which means that a certain profit margin is reserved for the future. If it is calculated according to the current 6.2, the export will be passive in the second half of the year.

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< p > "Shanghai has just raised the minimum wage and the cost of labor continues to rise. It is hopeless for customers to pick a bargain here."

The responsible person said.

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"P", Hu Li Zhang, head of foreign trade business of Shanghai Orient International Import and Export Co., Ltd., also said that because of the high cost of manufacturing and manufacturing textiles and garments in Shanghai, the company has pferred orders to some foundry factories which offer relatively low price in Zhejiang. Currently, it is attacking the emerging markets such as South Asia and Brazil, and the customers in Brazil and other emerging markets are more active.

He hoped that the exchange rate could be stabilized. As long as the RMB did not suddenly rebound, the export should be well developed in the second half of the year.

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< p > China's textile and apparel exports grew worse than expected in the first quarter, which is related to the large volume of water and the large base of export data last year.

At present, the European and American economies have improved, and the difference between domestic and foreign cotton has narrowed. In the second quarter, exports will gradually return to normal orbit. It is estimated that China's textile and clothing exports will increase by 5%~10% this year.

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< p > China's textile and apparel < a href= "//www.sjfzxm.com/news/index_f.asp" > export > /a > large base, which accounts for about 30 billion of the global market share. Textile and garment exports this year will be expected to exceed US $300 billion. Vietnam and India, at the level of US $20 billion and us $30 billion, will not be able to shake the current global textile and garment pattern even in the short time.

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