Middle East war ignites core raw materials for the textile industry. Some curtain companies have indicated that prices for curtains may increase.
For textile enterprises, chemical fibers are the basic raw materials for fabric production, accounting for more than 60% of the total fabric cost. The cost pressure brought about by the rise in oil prices will gradually transmit downstream along the textile industry chain. Qiaoping, a merchant in the Yiwu International Trade City who operates sunscreen clothing, mentioned that the nylon content in the sunscreen clothing in their store is over 85%. Recently, while facing rising raw material prices, they are also experiencing a shortage of supply, with many upstream factories unable to supply the goods for their orders. Merchants stated that in order to stabilize their customer base, they are also negotiating with downstream customers to ship the previously produced orders at the original price, and then adjust the wholesale price of new orders flexibly according to the market situation. In Haining, Zhejiang, some curtain enterprises stated that all current product raw materials are chemical fibers, and the company is still using pre-purchased fabric for production. However, the cost will increase when the stock runs out, and it is expected that prices will rise starting from April.
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