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The release of the foreign trade market is favorable, and the exchange rate breaks through 7, but the withdrawal order cannot be saved.

Release Date:2020-03-24


                                           


  

It is well-known that the current situation of textile foreign trade export is not optimistic, but at the same time, the foreign trade has also released good news.


Good foreign trade market release, exchange rate broke 7


The exchange rate of the US dollar against the RMB broke 7! On March 23, the US dollar rose 124 points against the RMB intraday, an increase of 0.17%, and ended at 07:05 to 7.1303. This is a long time high. The previous high was 7.1854 last September.


The fluctuation of exchange rate is unstable, and the cloth owner needs to seize the opportunity just like speculation. Recently, the exchange rate of the US dollar against the Chinese yuan has risen in a straight line. When the cloth owner approaches 7, he can't bear the foreign exchange settlement. But unexpectedly, the exchange rate broke 7 and has risen to 7.1!


似 It seems that 1 dollar is only 2 cents renminbi, but when the amount of foreign exchange settlement is large, there is also a difference of tens of thousands. In the past two years, the market is not good, the profit has been reduced, and the unit amount has been reduced. The spread caused by the exchange rate may be a few orders. Recently, the cloth owner with US dollars can seize the opportunity to settle foreign exchange, and he can make up for lost profits.


At the same time that the volume of foreign trade has been reduced, the price has been severely reduced.


與 此 But at the same time, foreign customers are also watching the exchange rate closely. Once it rises, they will ask suppliers to cut prices, which will seriously reduce prices. However, the exchange rate has always been unstable, and fabric prices cannot be lowered simply by short-term fluctuations. And customers often only ask for price reduction when the exchange rate is high, but never pull back to the original price when the exchange rate is lower. That is, once the price drops, it is difficult to pull back, so most bosses do not easily reduce prices.


Recently, the price of polyester filament has also fallen sharply. The center of gravity of the prices of polyester filament products has continued to decrease. Compared with the end of February, the price of FDY products has fallen by 1,000 yuan / ton to around 6,200 yuan / ton, and the price of POY products has fallen by 1,050 yuan / ton. Around 5,600 yuan / ton, the price of DTY products fell by 850 yuan / ton to around 7,700 yuan / ton. Apparel demanders believe that the cost of fabric suppliers has fallen, and the exchange rate has come to assist, there is room for price reduction. But in fact, the cost pressure of the boss is still very large, and the profit margin is not large.


NO.1


Enterprise One


The boss of Youyou Bu said that customers have always been pushing prices down, especially the recent low prices of raw materials and the good exchange rate. I recently had a list of imitation memories. I did it last year. At that time, it was $ 1 / meter. Customers have been asking for $ 0.9 / meter this year. But I didn't agree. The fabric price was originally low. There was no room for decline. We had to keep the bottom line.


Foreign trade is cold, grey fabric inventory pressure further increases


The favorable exchange rate is based on the situation where the cloth owner has an order. But today's foreign trade market is cold, most of the phenomenon of withdrawal of orders, discarded goods. Although Bo's boss complained that the price was being lowered by customers, it is painful and happy in the present situation. Because the current textile foreign trade market, price reduction is not a big problem, the bigger problem is that there is nothing to do, and there is no chance of being lowered by customers!


NO.2


Enterprise II


A person in charge of an export business that mainly deals with home textile fabrics stated that the recent orders were cancelled and concentrated, and a large number of them were large. The gray fabric was basically completed when it was cancelled, which had a greater impact on us and the pressure on the inventory of gray fabrics increased further.


NO.3


Enterprise III


老板 The boss of another fabric exporter is worried: "The order from the previous year is basically over, and now there are no orders on hand, and the customer also reflects that there is no order. This year's foreign trade is really difficult to do!"


The downturn of foreign trade orders has also affected the grey cloth market accordingly. According to the data monitoring of sample companies by China Silk Capital Network, on March 20th, the inventory of grey cloth weaving in Shengze area was about 39-40 days, and it was difficult for some manufacturers to destock.


On the one hand, the decrease in the number of foreign trade orders and the shrinkage of unit orders have made the sales of grey cloths decline. In the case that the startup rate of the gray fabric manufacturers has basically recovered, the gray fabric inventory has a lot of pressure. In addition, foreign trade orders are distinguished from market orders and domestic sales orders. Most of the foreign trade orders are of high quality and unique varieties. Therefore, the grey fabric of the foreign trade order cancelled in the middle can only be handled in the warehouse as inventory. It has also increased manufacturers' inventory pressure and capital chain pressure.

       
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