Oil And Electricity Prices Will Be Unfavorable To The Textile Industry.

The price of gasoline and diesel has increased by 1000 yuan per ton since June 20th, and the price of aviation kerosene has increased by 1500 yuan per ton. Since July 1st, the national sales price has increased by 2.5 cents per kilowatt hour on average.

The rise in the price of oil and electricity will increase the production cost of the textile industry and have a negative impact on the industry.

The national development and Reform Commission issued a notice on June 19th, deciding that the price of gasoline and diesel will be raised by 1000 yuan per ton from June 20th, and the price of aviation kerosene will be raised by 1500 yuan per ton.

The price of liquefied natural gas and natural gas will not be adjusted.

Since July 1st, the national sales price has increased by 2.5 cents per kilowatt hour on average.

In order to reduce the impact of energy price adjustment on the lives of the masses, control the chain reaction of price adjustment, and increase the expenditure on the refined oil price adjustment, the state will subsidize grain farmers, Fisheries (including deep-sea fishing) and forestry.

Because of the acceleration of RMB appreciation, the rising cost of labor and raw materials, and the reduction of export tax rebate rate, the textile industry has already faced greater pressure.

The rise in the price of oil and electricity will increase the production cost of the textile industry and have a negative impact on the industry.

For textile enterprises, how to increase the high added value of products and enhance the bargaining power is the key.

According to the data released by the NDRC, in May 08, the domestic cotton market was basically stable, and the price of cotton in the international market dropped.

Cotton imports increased, textile production exports grew steadily, but the growth rate dropped.

Data show that from September to May 07, textile and apparel exports totaled 128 billion 400 million US dollars, an increase of 16.7% over the same period last year, an increase of 3.7 percentage points.

Statistics show that domestic cotton prices remained stable in May, but sales slowed down.

By the end of May, the average sale rate of cotton lint in cotton enterprises was 75%, down 8.3 percentage points compared with the same period last year.

The main reason for slow sales is that textile enterprises are generally short of funds, compressing raw materials such as cotton and so on.

According to the China Textile Industry Association survey, 08 years, Jiangsu, Zhejiang, Shandong, Guangdong, Fujian, Hebei 6 provinces textile industry 2 / 3 of the average profit of enterprises is only 0.62%.

The textile industry has a tendency to shift from coastal to inland. In the outline of the textile industry "11th Five-Year development" issued by the development and Reform Commission, the "advancing gradient pfer of textile industry" is an important measure for the next five years.

Sun Huaibin, director of the China Textile Industry Association Information Center, said that the growth rate of investment in the central textile industry was much higher than that in the eastern and western regions.

Recently there have been rumors that the state will introduce support policies to textile enterprises, including the export tax rebate callbacks.

But Li Rongcan, director of the Finance Department of the Ministry of Commerce, said at the general meeting of the Chinese medicine (600056, stock bar) health products import and Export Chamber of commerce that the relevant ministries such as the Ministry of Finance and the State Administration of Taxation will keep the export tax rebate policy relatively stable, and there will be no new export tax rebate motion in the near future.

Li Rongcan revealed that the Ministry of Commerce's future work priorities will appropriately grasp the appreciation rate and expectations of the renminbi, increase the supervision over the abnormal foreign exchange capital inflow, and step up measures to control the scale of export settlement and delay in payment, and expand imports and encourage the import catalogue.