The Unstable Situation In North Africa And The Middle East Has Great Influence On Shaoxing Textile Trade.

Turbulent situation, sensitive foreign trade

Insiders suggested that textile enterprises should pay attention to counter trend while facing challenges.

A few days ago, the small business member of the textile city's foreign trade business took a great deal.

The turmoil in North Africa and the Middle East has had a great impact on the export of our county.

Direct effect: foreign trade exports are blocked.

In 2010, our county exported about $300 million to the volatile countries in North Africa, accounting for 3.8% of the total export volume of the county, of which Egypt exported the largest, export enterprises 442, and exports reached US $210 million.

Up to now, countries are still in a state of instability or even turbulence. Economic development has been greatly affected or even hit hard, and people's purchasing power and market demand have been greatly damaged.

Within a short period of time, our county's exports to North Africa and its surrounding areas will be significantly reduced.

Indirect effects:

"Export obstruction is only a small part of the current textile enterprises in our county, and North Africa and other places are volatile, causing crude oil and other prices to rise.

North Africa and the Middle East are the most important oil producing areas and shipping centers in the world.

According to statistics, since the escalation of the North African turmoil, especially the Libya incident, crude oil prices have been rising all the way.

According to the survey, since January, the PTA futures price of the downstream products of petroleum has risen from 9900 yuan / ton to the current 11500-12000 yuan / ton, or about 20%, and the price of polyester is also almost a day. The price of staple fiber is 2300-2400 yuan / ton, and the price of filament is 2100-2300 yuan / ton.

The rising price of raw materials not only engulfed the profits of enterprises, but also greatly reduced the competitiveness of enterprises in the international market. Some textile enterprises profit margins close to zero or even losses.

According to a number of enterprises reacting, before the Spring Festival orders, performance has become a big problem, if the complete performance of the contract, it is bound to lose; no performance, fear of losing customers.

To this end, due to continuous rising of raw materials and so on, our county textile enterprises are more cautious when placing orders with customers.

Outlet strategy: adjusting export structure

Facing the double pressure of textile production pressure and frequent oil rise, how will the textile industry of our county respond positively? "Accelerating the pformation of our county's foreign trade development mode, intensifying the cultivation of strategic emerging industries, actively pforming and upgrading, and adjusting the export structure are urgent."

County Business Bureau official said.

The person in charge analyzed that foreign trade should find a way out, first of all, industrial pformation and upgrading. We should focus our efforts on the introduction, cultivation and development of strategic emerging industries, and lay a solid foundation for the pformation and development of our county's foreign trade.

Second, we must speed up the adjustment of product mix so as to adjust the current export structure.

We should vigorously enhance the traditional textile industry, use this situation to guide the crisis, and make the textile enterprises with low grade and low added value take the initiative to pform and upgrade, promote the differentiation of chemical fibers, fabric functionalization, printing and dyeing green, clothing home textile brand and information technology and equipment, so as to enhance the value added and competitiveness of textile exports.

In addition, we should actively promote the diversification strategy of export markets, and support and guide enterprises to vigorously develop new international markets by participating in exhibitions, setting up overseas windows, and utilizing e-commerce platforms and other channels.