40% of companies in the textile and chemical industries are bullish on raw material prices next year

To further understand the trend of the prices of raw materials and products in the textile and chemical industries in our city next year, the Changzhou Survey Team of the National Bureau of Statistics recently launched an online survey for textile and chemical companies. According to the survey, 40% of the 98 companies are expected to see raw material prices next year.

According to the survey, 40.8% of companies are optimistic about the prices of raw materials next year, and those who believe that they will decline will only account for 16.3% of the companies surveyed. Among the surveyed companies, 45.9% of the companies believe that the cost of raw materials will become the fastest growing factor in cost. Judging from the pricing of corporate products, companies that believe that product prices will rise next year account for only 25.5% of the companies surveyed; 54.1% of companies believe that product prices will remain stable; enterprises that expect product prices to decline will account for 20.4%.

There are 22 companies that are not optimistic about the operation and development of the company next year, accounting for 22.5%; only 11 companies are optimistic about the development of the next year, accounting for 11.2%. From the perspective of corporate earnings expectations, 46.9% of companies believe that corporate profits will decline next year, 37.8% of companies believe that flat, only 15.3% of companies believe that profitability will increase.

Of the 37 export-oriented textile chemical companies surveyed, 48.7% believe that the export volume next year will be the same as this year; 21.6% of the enterprises believe that the export volume will increase. When asked about the impact of *** appreciation on the company, 48.7% of companies believe that the impact of *** appreciation is greater, half of companies will adopt a shorter order cycle to avoid the risk of exchange rate changes. There are 57.9% of the company's products are mainly exported to Europe and the United States market, due to the European debt, the US debt crisis and the pressure of *** appreciation, 43.2% of companies expect export profits will decline.