Raw Material Prices Rose, Export Space Narrowed &Nbsp, And Employment Became Panic Again.

As a leading indicator, the PMI new export orders index in June showed that the export orders for consumer service industries were 50.6%, which is close to 50% of the critical point.

Reporters learned from the 6 China Textile Import and Export Chamber of Commerce, although the relevant enterprise orders are relatively adequate, but profit margins began to show obvious narrowing.

Especially in the small profit margins, enterprises can no longer afford the larger fluctuation of exchange rate.

At the recent main working conference of home textiles export, most of the main enterprises of home textile export indicated that the current enterprise orders were quite sufficient, and the orders before September were basically full, but their profits had declined sharply compared with the same period last year.

This is mainly due to the sharp rise in cotton and yarn prices this year. Although the export price is raised by 5%-15%, it is far below the increase of over 50% of raw materials.

Statistics show that since last April, with the global

As a labor-intensive industry, the profits of the textile industry have been relatively low.

In the face of the rising price of raw materials, a large number of textile enterprises in China have to choose between "guarantee profit" and "guarantee customers" in the face of the rising price of raw materials. Once the customers have lost a lot of customers, the enterprises will eventually go bankrupt, so more enterprises choose to sacrifice their profits to keep the customers, which will lead to the profit of the textile industry to be further compressed.

In addition, some enterprises reflect that the truck drivers are basically old workers.