Market Regulation Reveals &Nbsp; Textile Industry Is Showing Signs Of Shortage Of Funds.

In recent years, China's central bank's interest rate rises have been on the rise. Previously, the unresolved Euro rate hike was announced on the evening of April 7th in Beijing. The European central bank officially announced its rise. interest rate 0.25 percentage points raised the euro zone's leading interest rate to 1.25%, which means that the euro zone economies are tightening their liquidity and shrinking the liquidity. commodity market Constitute a greater pressure. From the domestic market, the situation of excess liquidity has ended. Textile industry For example, Shortage of funds The situation has begun to appear.

Because of the appreciation of the renminbi, Raw material price Rise, Labor cost The rise of the state and the tightening of monetary policy to control inflation have made the liquidity of domestic textile enterprises begin to face tension. According to the person in charge of the sales of cotton spinning equipment in a famous large textile machinery enterprise in China, beginning from the beginning of March, the domestic textile enterprises began to have a backlog of products, and some printing and dyeing enterprises reduced the volume of delivery. In April, this situation has not improved, but on the contrary, there has been a further expansion. Especially for some small cotton spinning enterprises and enterprises with relatively backward technology level, the situation of product accumulation is even more serious. This situation has obviously contrasting with last year. Last year, banks also paid loans to cotton spinning enterprises. According to a company engaged in printing and dyeing equipment production in Hunan, there was a delay in pick-up of the stereotype machine produced by the company, and the enterprises that were eager to pick up the goods were also decreasing.

These appearances indicate that market regulation has begun to emerge and the role of financial policy adjustment has begun to appear. Gao Yong, vice chairman of the China Textile Industry Association, talked about the impact of other industries on the textile industry under the market regulation. From the perspective of the reduction of car sales and real estate downturn and the reduction of GDP growth target, this is not just a digital game. The demand for shrinkage has already appeared. The inflationary damage to the economy is also obvious. In the end, it also increases the government's determination and measures to control prices.

According to Premier Wen Jiabao's statement at the two sessions this year, our government's primary task this year is to fight inflation and maintain the basic stability of the overall level of prices. We also stressed that we should try our best to eliminate the adverse effects of imported and structural inflation factors, absorb the upward pressure on factor costs, correctly guide market expectations, and resolutely curb the upward trend of prices. Obviously, the government's intention to control prices is more intense. For textile industry, adjustment is inevitable.