Rising Prices Of Raw Materials Affect Vietnamese Clothing Production And Sales

According to Vietnam's Xigong Liberation Daily website reported on May 13th, world cotton and Yarn price Keep going high Vietnam cloth The price has increased by 40-50%, which has a negative impact on domestic clothing production and sales.

First, raw materials are priced without market. Cloth and accessories greatly increased, such as khaki fiber From 50 thousand CDU / m to 90 thousand CV / m, but sales are weak, although sales have been in peak season in summer, sales are still declining.

The two is the reduction of garment production. Clothing companies have taken measures to reduce production, reduce investment, reduce inventory and avoid losses. Some clothing has even been cut by more than half.

The three is the decline in ready-made clothing sales. Under the condition that domestic purchasing power is not strong, the clothing factory is forced to increase the price of the garments by 30-50% at the cost of investment, resulting in a marked decline in clothing sales. The sales volume of Xigong second Textile JOINT-STOCK Company has dropped by 30%.

The four is facing competition from Chinese clothing. China's clothing, which is self-contained, low in production cost and cheap in price, has made great pressure on Vietnamese clothing.