According to the Xianglu Group Miss Xu introduced from petroleum refining polyester and other petrochemical products, polyester chips, to yarn and fabric, the price transmission takes some time, but the impact of crude oil prices on the price of apparel raw materials is very obvious. Oil prices, you may not realize that clothing will be affected. In fact, the fabric of the chemical fiber is made from petroleum products, which has a lot to do with oil prices. Rising oil prices have affected apparel fabrics that are close to oil raw materials. International oil prices have risen from 30 U.S. dollars per barrel at the end of December last year to about 80 U.S. dollars today. Oil prices continued to rise, leading to the rise in the price of apparel fabrics, accessories and petrochemical fiber prices have risen. Quanzhou, a garment import and export business manager Liu said that in addition to cotton, wool fabric products, most of the fabric to synthetic fabrics. Synthetic fabrics, especially chemical fiber fabrics, such as nylon, polyester, is completely based on petroleum and petrochemical products as raw materials extracted. "Once the rise in oil prices, fabrics will follow the price increases, but also to increase the cost of the enterprise." According to Xiang Lu Heron Group, introduced from petroleum refining polyester and other petrochemical products, polyester chips, yarn and then to the fabric, Price transmission will take some time, but the impact of crude oil prices on the price of raw materials is very obvious. This reporter has learned that in the chemical fiber industry, raw materials in the production cost of a larger proportion, such as polyester fiber in PTA (terephthalic acid), MEG (ethylene glycol) and other raw materials costs account for more than 80% of the cost . Therefore, oil prices, oil-based PTA, MEG prices will rise. "Chemical fiber raw material rose and no sharp increase in oil prices." Lu Xiang Li Xiamen Chemical Fiber Lu said that beginning of this year to now, the spot of chemical fiber raw materials from about 5,200 yuan / ton up to about 7,800 yuan / ton, an increase of nearly 50% The chemical fiber finished up about 40%. This means that chemical fiber enterprises to bear the cost of profits offset by offset. Manager Lu said that the situation of the industry and supply and demand are not the same every year, and can not only look at the data. The current situation is that the supply is in short supply in the upstream and the supply exceeds the demand in the downstream. "This year, oil prices rose more than 30 US dollars a barrel to about 80 US dollars a barrel, the upstream has doubled, but the downstream product is impossible to double." Lujing Li said.
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