Profit Growth Of Chinese Textile Enterprises Has Continued To Fall.

Reporters from today China The Textile Industry Association understands that in the first half of this year, China's textile industry basically operated smoothly, but labor costs remained high, labor resources shortage intensified, and raw material and fuel power costs continued to rise. international Market demand is not strong, the pressure of textile enterprises' production is increasing, especially those of cotton textile industry and small and medium-sized enterprises.

According to introduction, there are three problems affecting China now. Spin The operation of the industry. First of all, the rapid fluctuation of cotton prices has made Chinese textile enterprises frown. In recent years, the high price of cotton is the key factor to increase the cost pressure of raw materials. Since the second half of 2009, China's cotton prices have been rising all the way. Although China's cotton prices have been on a downward track since mid March of this year, they are still at a high level.

Secondly, there have been some turbulence in the recovery process of the world economy since the beginning of this year. Under the background of increasing uncertainty in the growth of international market demand, competition among countries in the international market has become increasingly fierce. The rising price of raw materials and the rising labor costs in China's textile industry have made emerging developing countries traditional textiles to China. clothing Industry directly constitutes competition.

Finally, the funding environment is tight, and raising interest rates brings financing difficulties. This year, the financial environment of Chinese textile enterprises (especially small and medium-sized enterprises) is becoming more and more intense. Whether it is normal production and operation, or enlarging scale, upgrading and upgrading, and so on, the lack of funds has made textile enterprises face difficulties.