Textile And Clothing Trade Is Still Not Showing Signs Of Growth.

In October, the volume of textile and clothing trade decreased by 9.1%, of which 23 billion 240 million US dollars, including exports of US $21 billion 430 million, decreased by 9.4%, and imports of US $1 billion 810 million decreased by 5.2%.

In the 1-10 months, the trade volume of textiles and clothing decreased by 5.9%, of which 241 billion 360 million US dollars, 222 billion 290 million US dollars, down 5.4%, imports 19 billion 70 million US dollars, decreased by 10.9%, the cumulative trade surplus of US $203 billion 220 million, decreased by 4.9%.

First, the decline in prices has led to sustained negative growth in exports.

The recent appreciation of the US dollar against the RMB is good for export, but the price of US dollar denominated goods has dropped. The export prices of key commodities have dropped to varying degrees. The export price index fell 9.2% in that month, and the export volume index was basically flat compared with the same period last year.

The decline in imports was caused by a double drop in volume and price.

Two, exports of general trade and processing trade are now declining by two digits, while market purchasing keeps growing.

In October, exports of major trade patterns continued to decline, with a drop of 2 digits.

Exports of general trade and processing trade decreased by 10.2% and 20.9% respectively, and other trade modes dominated by market purchasing were the only effective way to boost exports, a 47.9% increase in that month.

In the 1-10 months, the export volume of general trade and processing trade decreased by 4.8% and 17.4% respectively, and the market purchasing trade increased by 31.6%, accounting for a further rise to 5.9%.

EU - exports to the EU continued to decline in 2 figures, while garment exports expanded.

In October, exports to the EU continued to show a two digit decline, exports of US $3 billion 310 million in the month, down by 12.4%, of which textiles decreased by 4.1%, and clothing dropped to 15.1%, which was only lower than that in February. Among them, the total export volume of needles and knitted garments decreased by 6%, and the average export price dropped by 9%.

In 1-10 months, the total exports to the European Union totaled 41 billion 330 million US dollars, a decrease of 6.1%, of which textiles grew by 1.4%, clothing decreased by 8.3%, total exports of needles and woven garments increased by 0.2%, and the export unit price dropped by 9%.

US exports to the US are slow and stable.

Exports to the United States for 7 consecutive months of negative growth, exports in October, 3 billion 670 million US dollars, down 6.1%.

Among them, the export volume of large class needle woven garments decreased by 3.9%, and the export unit price dropped by 3.7%.

Although the situation is still not getting rid of the decline, exports to the US have been narrowing down for 10% months in a row for 4 months, and there has been no continuous 2 digit decline in other key markets. The market is relatively stable.

In 1-10 months, the United States exported 37 billion 810 million US dollars, a decrease of 6.2%, of which 5.1% of textiles and 6.6% of clothing.

Needle woven garments exports decreased by 2.8%, and export average unit price fell by 2.6%.

ASEAN textile export growth has made the ASEAN market somewhat stable.

Although exports to ASEAN decreased by 10.2% in October compared with the previous year, exports rebounded earlier than in the previous month, and exported 2 billion 870 million US dollars over the 3 quarter.

It was mainly driven by 2.5% growth in textiles and 33.5% in clothing.

In large categories, yarn and fabric grew by 4.4% and 2.9% respectively, and the export of needle woven garments decreased by 9%.

The decline in export prices for large categories of commodities increased further, yarn fell by 5.7%, fabrics fell by 11.5%, and needle woven garments decreased by 27.8%.

In 1-10 months, ASEAN exports totaled 27 billion 350 million US dollars, a decrease of 4.5%, of which textiles grew by 2.8%, clothing decreased by 19.6%, of which the export of needle woven garments decreased by 5%, and the average export price dropped by 16.5%.

Exports to Philippines resumed growth, an increase of 24.4% in October and an increase of 45.3% in 1-10 months.

Japan - exports to Japan continued to decline sharply, and clothing export volume and price plummeted.

Exports to Japan for 2 consecutive months of negative growth, down 12.5% in October, a decline of more than other major markets.

Key commodity clothing decreased by 14.6%, of which

The total export volume dropped by 6.3%, and the export unit price fell by 8%.

In 1-10 months, Japan exported 17 billion 30 million US dollars, down 5.8%.

Among them, textiles decreased by 2.1%, clothing decreased by 6.8%, total exports of needles and woven garments decreased by 1.2%, and the average unit price of exports dropped by 5.3%.

According to Japanese customs statistics, the share of Chinese products in Japan has dropped to 61.6% in 1-9, rising from 23.1% to 23.1%.

Four, general merchandise export prices generally declined.

After a short and rapid decline in September, textile exports rebounded slightly in October. The decline in the month narrowed to 6.7%, with yarn, fabrics and finished goods falling by 5.6%, 8.4% and 4.7% respectively.

The total exports of needles and knitted garments in clothing decreased by 2.4%.

The unit price of general merchandise exports generally declined: yarn unit price fell to the lowest in the year, down 9.4% and 5.7% respectively, the fabric fell by 9.3%, and needle woven garments decreased by 9.7%, or nearly 10%.

In the 1-10 months, exports of textiles and clothing decreased by 3.3% and 6.8% respectively, of which yarn and fabrics decreased by 1.7% and 3.7% respectively. The total export volume of needle woven garments decreased by 0.5%, and three categories of commodity export prices fell 13%, 8.1% and 6.5% respectively.

Five, Shandong and Fujian exported two digit decline in the same month, while Hunan and Sichuan grew rapidly.

In October, the export of all major provinces and cities decreased, but the decline in Zhejiang decreased from last month, but still reached 9.9%. Shandong fell by 18.6%, the biggest drop in a single month in the year, and 17.2% in Fujian, and 2 digit decline in fifth consecutive months.

Jiangsu and Guangdong declined slightly, less than 5%.

Export growth in some central and western regions was rapid. Xinjiang's exports increased by more than 10% in 3 consecutive months. Since July, Hunan's export growth has been increasing month by month, and in October it has increased by 174%. Sichuan's growth in 9 and 10 months has more than doubled.

In 1-10 months, only 8 provinces and cities in the country achieved export growth. Most of them were in the central and western regions, while the eastern provinces only grew by 0.3% in Shandong. Zhejiang and Fujian fell by 6.4% and 7.3%, respectively, over the average decline.

In October, textile imports dropped by 8.3% and clothing increased by 4.4%.

The yarn in textile decreased by 12.4%, and the import and value of cotton yarn decreased by 19.3% and 15% respectively.

Clothing import volume and growth rate slowed down, needle and woven garments total import 41 million 980 thousand pieces (sets), the lowest in the year, down 0.7% compared to the same period.

The import price of commodities increased, yarn increased by 5%, and needle woven garments increased by 2.7%.

In the 1-10 months, the total import of textiles decreased by 15.1% and clothing increased by 1.6%.

The yarn, fabric and finished products in textiles decreased by 21.8%, 11.5% and 4.9% respectively.

The total import volume of knitted woven garments increased by 6.3%, while the import unit price dropped by 3.7%.

Seven, cotton import price rises, the difference between inside and outside cotton price increases.

In October, cotton imports continued to fall, only 41 thousand tons were imported in that month, down 1.8% compared with the same period last year, and the unit price of imports continued to rise, up 6.3% over the same period last year.

In 1-10 months, the total import volume of 698 thousand tons decreased by 42%, and the import unit price dropped by 1.8%.

In October, the new cotton harvest entered the peak period, and the number of cotton enterprises that bought in the market increased, but the progress of purchase was slower than that of last year.

Textile market trend is less than expected, while new cotton prices remain high, textile enterprises continue to use pre cotton auction cotton stocks.

After the release of cotton reserves, market concerns turned to new cotton prices.

The spot price of new cotton also rose due to the high takeover market of seed cotton.

China's cotton price index (CCIndex3128B) rose 14866 yuan / ton at the end of the month, up 492 yuan / ton from the end of last month, or 3.3%.

The average monthly paction price was 15315 yuan / ton, up 1057 yuan / ton, up 2274 yuan / ton compared with the same period.

The international cotton market was affected by the new cotton market, the US dollar index fluctuation and the UASA report. The spot cotton price showed a concussion trend, and the overall monthly average price fluctuated little.

However, due to the rise in domestic prices, the price difference between inside and outside cotton has expanded significantly.

The Chinese imported cotton price index (FCIndexM) was 79.32 cents a pound per month, 0.06 cents in the ring, and 13520 yuan per ton under the 1% tariff, lower than the Chinese cotton price index of 1843 yuan / ton at the same time, and an increase of 959 yuan from the last month's price difference.

The sliding tax is reduced by RMB 15016 yuan / ton, which is lower than the Chinese cotton price index for the same period 347 yuan / ton (last month higher than the Chinese cotton price index 668 yuan).

For more information, please pay attention to the world clothing shoes and hats net report.