Increase in oil prices, textile services and other cost pressures

The price of oil has entered the “8 yuan” era, saving energy, reducing consumption, and cutting costs and resources into a compulsory course for textile and garment logistics companies. It is imperative for enterprises to undergo transformation and upgrading.

From 00:00 on March 20th, the National Development and Reform Commission noticed that from midnight today, the domestic retail prices of gasoline and diesel (standard products) rose by 600 yuan per ton. This is also the biggest increase since June 30, 2009.

Industry analysts predict that the oil price adjustment will be greater and the increase will be a record high. It will once again raise the cost of downstream industries such as transportation, logistics, fishery, textiles, dyeing, and garment processing.

"The same plus a box of oil, before and after the price adjustment difference of tens of dollars." The retail price of 93 gasoline rose from 7.46 yuan to 7.94 yuan / liter, rose 0.48 yuan per liter, from the 8 yuan mark is only one step away; 97 gasoline It rose from 7.93 yuan to 8.44 yuan, up 0.51 yuan per liter. The price of gasoline and diesel will increase by 600 yuan per ton, equivalent to an average increase of 0.44 yuan and 0.51 yuan per liter for national No. 90 gasoline and No. 0 diesel.

The last price adjustment of domestic gasoline and diesel was on February 8 this year. In just over a month, the price of oil has not only risen again, but the increase has been so great that private owners have not expected it. The increase was the same as the rise of June 30, 2009 (up 600 yuan per ton), which was the highest increase since the reform of the refined oil pricing mechanism.

As oil prices rise, the transportation and freight industries bear the brunt. According to Manager Wang of China Textile City, a logistics company, the company's 20 container trailers, with an average daily mileage of 200 kilometers, will consume 2,100 liters of diesel per day. After this price adjustment, the company will have to pay nearly 1,000 more per day. Yuan oil fee.

At the same time, the cost pressure on the textile and clothing industry has increased and it has been triggered by the whole body. The impact of oil prices on textiles and clothing may not be so obvious in the short term. However, in the long run, if oil prices remain high, there will undoubtedly be an impact on chemical fiber companies that use petroleum as raw materials and downstream garment companies.

The increase in oil prices has increased pressure on garments, dyeing and other industrial oil consumers. After the increase in oil prices, the cost of other industrial supplies and raw materials will also increase. The costs of textiles, chemical fiber, garments, leather, bleaching and dyeing industries with higher dependence on petrochemical products and petroleum fuels will also rise further. It is understood that most of the dyes in textile and garment companies are synthetic dyes that are petroleum derivatives; the leather of garment leather and the coating of coated cloth are all related to petrochemical products; at the same time, polyester threads, plastic buckles and zippers for sewing garments Teeth, hangers, etc. are all petrochemical products. The increase in oil prices, although the cost has soared, the production and operating expenses of textile and garment companies have also increased a lot.

The price of oil has entered the “8 yuan” era, saving energy, reducing consumption, and cutting costs and resources into a compulsory course for textile and garment logistics companies. It is imperative for enterprises to undergo transformation and upgrading.

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