Yiwu'S Competitiveness Of Small Commodities Is Declining, And Many Industries Are Facing A Shuffle.

As if the stock market is declining, the index of China's Yiwu commodity index, the Yiwu index, has also started to "Shiver", which has dropped 104.52 points over the previous period, and has reached 1060.82 points, approaching the 1000 base index.

This is the largest decline in China's Yiwu commodity index for the past two years.

In addition to the 1.3 increase in market confidence index, the scale index, customer sentiment index and benefit index fell by 16.65 points, 22.37 points and 13.94 points respectively.

The monthly price index has been high again since July 2007.

Traders in Yiwu International Trade City believe that the price of commodities has been rising, leading to a decline in competitiveness of many commodities.

Many foreign trade customers take a wait-and-see attitude, which is the main reason for the market downturn.

The import and export situation of Zhejiang in the first quarter shows that the growth rate of imports and exports has declined in varying degrees compared with the same period last year. Export growth has decreased by 3.4 and 1.7 percentage points respectively, while import growth has decreased by 12.6 and 1.5 percentage points respectively.

Many labor-intensive industries such as sweaters, lighters, glasses and so on, which are controlled by private capital and have a larger share of the global market, have been pushed to the critical point of survival.

Outward or inward?

Zhejiang Mona Hosiery Industry also received foreign orders to reduce orders.

"In the second half of 2007, when we worked out the 2008 production plan, we were also optimistic about the development expectation of this year."

Mona hosiery's foreign trade department manager said that the impact of the US subprime mortgage crisis was slightly larger than their expectations.

"From 1 to February this year, we began to feel the threat of subprime mortgage crisis, and some American customers had delayed their payment.

And the customers who place orders are also out of order. They urge us to make quick delivery and become late delivery, because they still have stocks in their warehouses.

As the number one export enterprise in Yiwu in 2007, the export sales of Mona socks are up to 60%, and nearly 1/5 socks are exported to the United States.

In order to maximize the impact of the subprime mortgage crisis, Mona socks began to expand the proportion of domestic sales.

Qing Lin jewelry is a large jewelry business in Yiwu. It has many stores in the most prosperous jewelry District of Yiwu International Trade City, and it is also one of the Yiwu index collection booth.

At present, spring and summer style accessories have been listed, but when asked about the recent business situation, the manager shook his head and said, "because of the rising prices of raw materials, business is not as good as usual this year."

Qing Lin jewelry in Yiwu has more than ten years of development history, to produce high-end jewelry, Europe and the United States is the main selling place.

The recent price surge has also affected the jewelry industry.

The price of jewelry and other ornaments rises, and the price of accessories goes up all over the market.

Ms. Meng said that the wholesale price of an alloy drill ring has risen 1 to 2 yuan.

With the appreciation of the renminbi and the impact of the US subprime mortgage crisis, the profit margins have shrunk.

Since this year, the detection of toxic and harmful substances in export accessories has been more stringent.

Some countries have strict control of metal content.

Some American customers also asked for no lead or nickel.

This has become the most difficult problem for Qing Lin and other jewelry companies.

A piece of jewelry is made up of many accessories, and the control of an accessory is improper.

The Sino foreign joint venture Wenzhou Italy Sanitary Ware Co., which has just participated in the spring fair, has booked 20 booths for the sanitary ware Fair held in Shanghai in May and in Guangzhou in July.

The investment of the two exhibitions is expected to exceed 2 million 400 thousand yuan.

This is the first time that Italy has focused on making mouth business.

According to statistics, in Wenzhou sanitary ware industry, like Italy, there are nearly 100 enterprises booked booths in domestic exhibitions this year.

The continuous appreciation of RMB has forced Wenzhou sanitary ware enterprises to start the domestic market.

More than 70 Wenzhou shoe enterprises fail to switch production

In recent months, the topic of "shoe industry winter" in Wenzhou has been pervasive in the industry.

The analysis report on the economic operation of shoe leather industry in the first quarter of 2008, provided by the Wenzhou shoe leather industry association, shows that more than 70 enterprises have failed in Wenzhou in recent months.

The report pointed out: "with the rise of various pressures, the enterprises that switch production or failure will have further intensified trend."

According to people familiar with the matter, in fact, the shrinking of the number of enterprises in Wenzhou's footwear industry is a continuous trend in recent years.

According to him, in 2003, the association's data were about 5000 shoe manufacturers in Wenzhou, and by this year, the figure has turned to 2600.

Wenzhou shoes 60% exports, since the beginning of this year, labor costs suddenly increased due to the implementation of relevant laws and regulations.

At the same time, many domestic shoemaking Export enterprises are turning their eyes from the us to the EU countries, and the industry competition is intensified. The small profits of Wenzhou shoe enterprises are facing a severe price war, leading to some small and medium-sized enterprises opting out.

The report shows that in 1 and February this year, the number of footwear exports in Wenzhou was 98 million 440 thousand pairs, with a total value of US $440 million, an increase of 1.13% over the same period last year.

In January, it exported 280 million US dollars, an increase of 25.32% over the same period last year, and 159 million US dollars in February, a 24.54% decrease compared with the same period last year.

Excluding the February Spring Festival and other reasons, the downward trend is still obvious.

Many industries are facing a shuffle.

Chen boss, who has worked in the printing industry for more than 40 years, is a bit unable to sit still.

Since March 1st, he has received 3 times the notice of price adjustment for coated paper suppliers, each time raising the price range is 300 yuan / ton.

"From the beginning of last year, the price of Jindong brand coated paper has risen from 6400 yuan to 9000 yuan, or 40.6%, and the packaging paper, such as Pujiang grey bottom white board, was 3600 yuan / ton in March last year, up to 4800 yuan / ton in March 24th this year, and the increase of printing paper used for white cardboard is 29%."

Chen said that only the cost of paper alone, their company's annual expenditure increased by more than one million yuan.

And from this year onwards, not only the price of paper and ink has risen, but also the glue used for packaging.

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