According to preliminary estimates, textile industry in China in 2010 scale enterprises above output will break through the 4 trillion yuan, export will exceed $200 billion, profit likely exceed 200 billion yuan, and profit growth is expected to reach 40%.

2010 textile enterprises have considerable lucrative, but at the same time, 2010 is also China textile enterprises are facing serious test year, here for textile enterprises facing the present situation and future prospect forecast is as follows:

First, the price hike in raw materials, global cotton planting area and production in the year after year atrophy, causing supply and demand tight. Meanwhile, the United States of excess liquidity pushing up commodity cotton QiJia. Textile raw material cost year-on-year increase by about 30%, including cotton upstream raw material costs biggest rises more than doubled, or the big hit record highs for 15 years.

Secondly, labor costs to ascend, this year textile industry labor salary welfare gains universal in 10 % above, Yangtze river delta and pearl river delta to salary rises to 20%. 2009, of China's manufacturing industry average wage is 560 million yuan, and the textile industry average wage was 3.1 million yuan, caused the labor one-way transfer, low cost as the core competitiveness of The Times to a close.

Thirdly, consumption level of textile quality also offers further requirements, textiles and also for new energy, environmental protection and biomedicine industry provide based products, as an important part of the textile industry and energy saving and emission reduction are facing major issues.

(the Japanese government on December 28 decision, improve 400 varieties of Chinese products import tariffs. Japanese government plan during the congress convened early on submit the plan, April 1 officially implemented.

Based on the lawsuit, BOABC expected 2011 domestic textile industry pattern can change obviously, some financial enough solid business will face failed may, because the cotton output in this year with 2009 is flat and not serious atrophy, 2011 textile enterprises have great possibilities of weak demand will result in cotton inventory, MianJia is expected to be in 3, 4 quarterly severe downturn.

Source "of Chinese textile net"

HongZhen editor: