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MianJia test foreign trade company bear ability

"I am engaged in silk industry 41 years and never saw like today raw material rises brilliantly." disorderly Zhejiang huzhou silk road holding group limited company President LingLanFang on the first financial daily reporter said.
The national bureau of statistics data published yesterday showed that in October, raw material, fuel, power purchase prices rose 8.1 percent year-on-year rise than September expand 1 percent. Among them, non-ferrous metal materials of purchasing prices of rising fuel power, 15.8% 8.9%, chemical YuanLiaoLei rise 7.2 per cent, ferrous metal materials class rise 9%. 1 ~ in October, raw material, fuel, power purchasing prices of 9.6%.
The national bureau of statistics spokesman cheng to transport remind, from October, non-food prices also begins to appear rise, affect prices of new condition began to appear.
"Some countries to launch a new round of monetary easing later, further promoting the raw materials and agricultural prices, these new situation to our country economy development including price movements can produce certain effect." Cheng to transport said.
Nearly a period of time, cotton, garlic, green beans, sugar, oil and other commodities prices take turns to rise. But compared to RMB appreciation and higher labor costs, cotton, chemical fibber raw materials such as soaring more let many enterprises to feel "uncomfortable". LingLanFang told the reporter, he has informed subordinates, with cotton, chemical fiber as raw material factory ceased receive orders, "is often morning to pick up the order, afternoon raw material prices going up again, cotton yarn is almost one day a price.
"This industry is really hot money surging ah." LingLanFang said in his impression, 15 tons of the price of cotton should equal 1 ton of silk price, but now the price all messed up, such as cotton yarn fast rise to 5 million yuan/ton yet rising expectations.
"Peer many enterprises have already can't hold out much longer." LingLanFang said, at present a lot of enterprises are upgrading of industry transformation, but production fundamentals conditions, made it difficult for companies to transformation.
At present, China has become the world textile clothing exports first power, to raw cotton of rising demand, cotton imports accounted for about last year global 1/3.
Steel is the main epicycle raw material prices. Zhejiang yongan futures brokerage Co., LTD. The department manager in jinan steel CaoWenShuai said that since since early November, rebar of futures market and cash market appeared dramatically dragging litre, 9 rebar futures once has risen to 4970 yuan/ton.
"Some time ago, due to the country's energy consumption and pollution reduction, the influence of iron ore supply relative or very relaxed, and recently began spruce up, supplier bullish even hoarding." CaoWenShuai said.
Guangzhou securities analysts ZhangAn shuo, the United States the quantitative easing scale exceeded market expectations, future within a certain stage still can continue to the global commodities prices, emerging market equities uptrend formation support.
"Such as stock market in the next few months could continue to be turning into a bubble-and ', 'make stock prices are still rising middle space." ZhangAn said.


Source "of Chinese textile net"
Editor: lara

time:2010/11/16
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