Home / Knowledge / News / Apparel/Garments / Shengzhou necktie cos raise export price
Shengzhou necktie cos raise export price
31
May '08
Shengzhou city, Zhejiang Province is known all round the world for its necktie industry. This city manufactures wide range of neckties and offers variety of patterns in different materials.

Average per piece export price has stood around US $2, for past months. However, from April this year, the local necktie industry decided to raise per piece export price by about $0.10.

This hike is mainly due to RMB appreciation, the adjustment of export rebate rate, the rise of production cost and so on. Experts say that the rich background and fame of Shengzhou necktie industry also backs this firm trend.

Market insiders inform that during the general election of local necktie industrial association, most local enterprises requested the price hike.

Thus, the authorities met with RANDA Company, the biggest purchaser of men's accessories from the US, and finally approved price hike of $0.10.

Fibre2fashion News Desk - China

Must ReadView All

Apparel/Garments | On 5th Dec 2016

EC proposes new tax rules to support e-commerce in EU

The European Commission (EC) has unveiled a series of measures to...

Apparel/Garments | On 5th Dec 2016

Traders to intensify adoption of digital payments

Adoption of digital payments in their existing business format would...

Textiles | On 5th Dec 2016

No restriction on cotton import via Karachi port: Dastgir

The government has not imposed any restriction on import of Indian...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search