Raw materials soared 40% textile enterprises have not received a single!
“Although the Federal Reserve to raise interest rates triggered further appreciation of the US textile exports to us is a good,
but the interest rate hike can not offset the impact of raw material prices are now dare not take orders.
Yesterday, the textile city of the United States Silk Import and Export Co., Ltd. General Manager Qian Shiming said that if you
do not consider the factors of raw material prices, the Fed interest rate increase of 1% after the profit margins, but since October,
Domestic polyester filament has reached 30% increase in interest rates can not offset the raw material prices brought about by rising costs.
Post time: Feb-27-2020