Closing Of The 108Th Canton Fair, The Turnover Of Textile And Clothing Is Not Satisfactory.

At the end of the 108th Canton Fair, the overall commodity turnover has not yet returned to pre crisis levels. last year Autumn Canton Fair has risen, but this year the spring Canton Fair declined, giving the current high price of cotton and cotton yarn pressure.

　　 specific As a matter of fact, the total volume of textile and apparel clinch a deal was 4 billion 560 million US dollars, down 2.6% from the 107 session and 7.9% over the 106 session. Among them, clothing and accessories were traded at 1 billion US dollars, down 8.5% from the 107 session, down 6.4% from the 106 session, 300 million US dollars in textile yarn fabrics and raw materials, 13.5% lower than the 107 th, 5.1% increase over the 106 session, and 890 million dollars in home textiles and garment accessories, an increase of more than the growth of the second quarter.

Textile and garment exports have always been the scale. enterprise Output value of 70-80%, Canton Fair export orders decline, mainly due to the current cost of raw materials cost pressure. The decline in export orders will bring down the demand for cotton and cotton yarn in the later stage, and the risk of high cotton prices needs attention.