Textile And Garment Enterprises In Wuhan: Export Profits Have Shrunk And Prices Have Been Trying To Raise Prices.
At present, Wuhan textile and garment foreign trade enterprises are constantly trying to raise prices due to the serious shrinkage of export profits.
Foreign businessmen are well aware of the international situation. They can only make some gestures for some products, and how much they are not.
A garment export enterprise in Wuhan has at least 10% more comprehensive cost this year than last year, but the export unit price can not mention the level of satisfaction.
The person in charge of the company said that a considerable part of the textile and clothing exported were of high quality, and China, Vietnam, India and other countries were also producing.
Price increases mean that customers are more likely to lose. In order to stabilize their customers, foreign trade companies are competing to keep prices down while prices are rising. Only 1% to 2% individual varieties are now available.
For enterprises that have established brands in the foreign trade market, the price increase is relatively simple.
In the first half of this year, Wuhan's Aidi group's export clothing price was RMB 33.17 yuan, US dollar 4.77 yuan, increased by 20.18% and 32.86% respectively.
In addition to raising the unit price, Wuhan textile and garment enterprises are also actively seeking their way. For example, Wuhan Aidi and Wuhan China Textile Group started in 2007, a large number of foreign orders have begun to use the relatively stable exchange rate of Euro settlement. According to the established international trade channel, Aidi changed the single OEM mode, greatly increased the export of its own brand; China Textile Group began developing Africa, Southeast Asia and South America market; Yu Da Hua group used new fabrics to attack foreign markets.
A person in charge of the foreign trade department of Wuhan commerce bureau thinks that the added value and export price of textile and garment industry are relatively low. Changing the product structure and increasing the added value is the general trend. Enterprises should adapt to it as soon as possible.
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