The International Competitiveness Of The Textile Industry Is Related To The Rise And Fall Of Cotton Prices.

China Textile Industry Federation held a press conference on the morning of May 31st to introduce China's textile industry in 1-4 months.

Since 2012, China's textile industry has been slowing down, production growth has declined, domestic sales growth has slowed down, and downward pressure on exports has increased.

Sun Huaibin, spokesman of China Textile Industry Federation, said that in 1-4 months, the textile industry of all over the scale reached 1 trillion and 670 billion of industrial output value, an increase of 13% over the same period last year, an increase of 17% over the same period last year.

In terms of industry operation efficiency, nearly 1/5 of enterprises are losing money, the growth rate of loss is 120%, and the profit of enterprises is only 4.5%, which is 0.66 percentage points lower than that of last year.

The decline in production comes mainly from two pressures:

And the external demand market is weak.

The total domestic sales increased by 15.6% in the 1-4 months of this year, and the growth rate dropped by 7.9 percentage points. After deducting the price factors, the actual growth rate of retail sales was only 11.6%.

Compared with the past years, the growth rate of textile and garment retail sales is generally 7-8 percentage points higher than the total retail sales of the whole society, but the two curves basically coincide this year, which indicates that the domestic sales are slowing down seriously.

Sun Huaibin said that domestic sales have taken 7-8 of the capacity of the textile industry, and the domestic demand market is the most important support for the textile industry this year. It is expected that the domestic market will grow by about 15% within the year. Sun Haibin said that if there is no domestic demand market this year, the textile industry will be very miserable.

In terms of external demand, the export situation is even more serious. In 1-4, China's textile industry

Exports amounted to US $71 billion, up only 1.07% from the same period last year. This figure is very low and very low. Last year's annual growth rate was 19%, so we can see that the rate of decline is very fast.

The United States, Europe and Japan accounted for half of the world's textile imports, of which EU demand declined more seriously. China's exports to the EU fell by 8.8% in 1-4 months, of which 28% in April, and the EU situation is worrying.

Sun Huaibin predicts that the form of export deterioration may continue in the future.

Sun Haibin said that in this year's textile industry downturn, there is a bright spot: investment in the Midwest investment growth faster than the whole country, which shows that the central and western regions in the textile industry investment remains a certain enthusiasm, China's regional economic restructuring process is deepening.

The biggest challenge facing the textile industry is the growing spread of cotton prices at home and abroad:

The price difference expanded from 1000 yuan per ton in September 2011 to 5400 yuan in May 2012, which seriously affected the stable operation of China's cotton textile industrial chain and the international competitiveness of cotton textiles. All exports of cotton products were negative growth and there was no way to compete with foreign countries.

The price of cotton yarn is lower than the price of cotton in China, and the price is seriously upside down.

Sun Huaibin said, according to past experience, domestic and foreign cotton price difference 1000-1500 yuan, the textile industry generally can internal digestion, but now the difference is very difficult to digest.

Another challenge is that the textile industry is hard to finance and expensive.

The textile industry is the highest density industry in small and medium enterprises. The interest rate of loans in the industry is more serious. Interest growth in the first quarter is more than 34%, and the burden is heavy.