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Domestic Clothing Exporters Raise Their Prices By &Nbsp; Foreign Retailers Have Some Complaints.

2010/8/27 21:35:00 37

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along with

cost

Pressure rises, and domestic garment exporters have begun to raise their quotations.

In August 24th, the head of a garment export enterprise said that we raised about 10% quotations.

Price increase

The reason is that enterprises themselves have been unable to digest the rising cost and the pressure of RMB appreciation.


Li Qiming, vice president of Ningbo Shanshan Limited by Share Ltd, said that the cost increase of garment enterprises this year is undeniable. "The shortage of migrant workers has not been completely alleviated, labor costs have risen by about 10%, and the cost of accessories has also risen.

These factors will inevitably lead to rising costs.

It is understood that the price of long cotton will reach 22 thousand -2.3 yuan per ton at the end of the year, and now it will rise to 29 thousand yuan per ton, and the fine wool cotton will cost about 15 thousand yuan per ton, and now it will rise to 19 thousand yuan per ton.

In addition, for export oriented enterprises, the appreciation of the renminbi is also a factor that can not be ignored.


However, will some of the market be lost if the quotation is raised?

Sale

For this concern, insiders say that even if orders are pferred, they will be partial and not mass.

"After all, the cost increase is global, and China's cost remains competitive."

But even so, some foreign retailers and buyers still have some complaints.


In order to solve the increasing procurement cost in China, some American apparel retailers are pferring many product lines to other production bases.

But for larger brands that need mass production, only China can meet its supply, so prices are rising unstoppable.


As for foreign buyers' complaints about raising quotations for Chinese OEM enterprises, Li Qiming said that this is more of a "game" process, and foreign buyers are trying to keep prices down. They do not complain, can directly do not place orders, or choose to buy other people's things.

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