Home / Knowledge / News / Textiles / Enterprises hike prices for textile & clothes exports
Enterprises hike prices for textile & clothes exports
21
Apr '08
The very prestigious Canton Fair commenced its 103rd edition in Guangzhou City, China, on April 15. Experts have reported that almost all the Chinese textile and clothes enterprises participating in the fair have increased their export prices by 3 to 5 percent.

The rate of appreciation of RMB against US dollar has crossed over 4 percent and in such grave circumstances, exporters are left with no other alternative but to increase their export prices.

Although, some other textile and apparel companies have directed their business towards the domestic market, the experience has not been very satisfactory because of inadequate sales channels.

Presently, a large number of Chinese textile and clothes enterprises have taken resort to using European dollars to escape the adverse impact of depreciating dollar. As a result, it is anticipated that the quantity of American exports will drop as low as 20 percent this year.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 27th Apr 2017

Maharashtra govt working on second textiles policy

The textiles department of the government of Maharashtra is working...

Apparel/Garments | On 27th Apr 2017

EC takes action to make garment sector more sustainable

The European Commission (EC) has presented a set of focused actions...

Textiles | On 27th Apr 2017

Seven new organisations join ZDHC Programme

The Zero Discharge of Hazardous Chemicals (ZDHC) Programme from...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Steve Cole
Xerium Technologies

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X