in the first half of this year MianJia range is bigger.From the beginning march, coach alexandra petal print satchel blackcotton prices continue to "stumble endlessly".China cotton prices in March 328 index peak 31241 yuan/ton, then went way down, on June 17, had fallen to 24508 yuan/ton, a year has fallen 22% high.
The decline of the price of the raw material in the industry center of gravity, all manufacturing enterprise gross margin upstream decreases.The typical such as chicken bamboo textile, according to the 2010 report data shows, the company marketing the gross margin was 16.348%, and the first quarter sales profit margins to 13.127%.Countries that the securities, in cotton prices before stabilising, all the textile clothing industry hard to restore normal, considering the October listed and the industry chain operation showed and state policies, and countries that the future of the securities cotton price is in 20000 yuan or so fluctuations in probability.
On the other hand, material price declines for textile clothing retail and business formed some positive news.
With pressure to reduce the cost, improve the stability of the relevant enterprises gross margin, and the constant expansion of consumer market, promote the upgrading of the rapid growth of the retail enterprise sales.Mendale home textile quarter revenue growth of 58.24%, realize in the half annals, in advance with mendale home textile June 1-is expected to net profit than last year the corresponding period grows 30% to 50% annual revenue, impact goals greater likelihood of 1.2 billion yuan.
From the textile and clothing sector to see, MianJia back is still outweigh the costs.Data shows that most home textile, clothing listed company a quarterly reports than expected in most companies reported the plate with "wave red".But there are also the personage inside course of study thinks, when cotton price stability, sales growth will continue to improve is still in question
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