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Lead producers, who are negatively affected by exchange rate fluctuations, have begun to re-price the exchange rate.
After the 2001 crisis, producers who sold yarn with foreign currency returned to sales with TL. Yarn producers, affected by persistent exchange rate fluctuations, are starting to re-price the exchange rate. Lead producers who say they suffer too much in times of high volatility say that they start selling dollars.
Ahmet Öksüz, president of the Istanbul Textile and Textile Exporters Association (İTHİB), recently said that the main inputs of the textile sector are foreign currencies, especially cotton, which is the material first in the industry. Explaining that the yarn will not be sold with TL and 6 months to expire, Orphan said: "Even if we take the domestic cotton with TL, the value is determined according to the beat. We are also facing today abnormal currency movements. "
Vehbi Canpolat, president of Textile Migiboy, said that the raw material of the yarn was taken with foreign currency
and it is not logical to sell a commodity purchased with foreign currency in TL Canpolat noted that profit margins are very low and that when the exchange rate is so unstable, it is quite normal for the price to be in dollars, Uzbekistan and Turkmenistan, such as exempt products. Taxes and depreciation in wire producers who have experienced serious problems Canpolat, "wire producer is the case. Because the capital passes in his hands. Companies shrink with duty free products from abroad. Due to recent currency increases, sales of TL yarns lead to capital losses for factories. Producers are not able to replace new products with those sold with TL. That's why they pay 15% of their pockets, "he said.Canpolat, exchange the increase in the price of yarn is currently the domestic market, attributed soaring prices of raw materials and of the energy.
"YOU INCREASE STOP EXCHANGE NET show PERCENTAGES 20 FALL"
who are of the opinion that the good proportion with the fluctuations of the exchange rate of the yarn prices in Turkey There is also one of them is Jak Eskinazi, the coordinator of the Union of Aegean Exporters 20% of Ashkenazi yarn prices will fall defending the case of the arrest of exchange rate fluctuations. , world market price of spinning market is less than 20% in Turkey, he said Eskinazi said that the domestic market is disrupted by political and exchange rate fluctuations, and that the foreign currency is increasing, l & # 39; 39; operator noticed that he can increase the prices of the wire in not eating The remnants of Ashkenazi, determined by the price of cotton in the world to make "that the world market is also based in dollars by selling with it against Turkey. 6 months, cheapest cotton and the world wire sold in Turkey.
"Yarn prices were 60 percent per year"
Fikri Kurt, head of the Knitting Industry Association (ÖRSAD), said that the price of the kilogram has increased 60 percent since the beginning of the year, he said. With the euro and the dollar lead factory in Turkey, arguing that it is wrong to make the sale of raw materials Kurt, "This is neither in the United States , nor the European Union. We must trade with TL. Commodity prices may rise. Thereafter, there must be price increases. They keep both high price increases and they give prices based on the exchange rate. Even businessmen in Turkey have brought the situation to complicate the work. There are problems and shrinks in the market. At present, the supply and demand are not sufficient because it is the summer and holiday period in the EU countries. "
Turkey's wire sector Kurt said the capacity is sufficient, the yarns made from imported cotton received and not the sale, turn the fabric, the fabric also noted that necessary to come to a country forming value-added products have turned to the clothes. Only in this way, insisting on the current account deficit could be closed Wolves, said: "Until 1990, 1 million tons of cotton production in Turkey was done. Now, imported cotton is feeding the sector. There must be incentives to increase production in the interior. We have to go to production position. We must produce and export to the countries of the world. We must produce goods that constitute a demand for supply on a piece of cloth. "
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