International Demand Is Warming &Nbsp; Total Export Volume Of Textile And Garment Industry Is Increasing.

2011/3/11 11:31:00 76

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International Demand Is Picking Up And Total Exports Of Textile And Garment Industry Have Increased.

According to the statistical communiqu for People's Republic of China's 2010 national economic and social development released by the National Bureau of statistics, 2010, China

Textile yarns

The total exports of fabrics and products were 77 billion 100 million US dollars, an increase of 28.4% over the previous year, and the total export of garments and accessories reached US $129 billion 500 million, an increase of 20.9% over the previous year.

Xiong Xiaokun, a light industry researcher at CIC, points out that as the global economy is getting warmer, the international demand market is right.

Textile and garment products

The demand is gradually increasing.

And because of the decrease in the area of cotton planting in recent years, the supply and demand relationship of cotton is very tense, since the second half of 2010.

Cotton price

In the long run, downstream textile and garment enterprises have increased the price of terminal products in order to pfer cost pressure.

Therefore, the export situation of China's textile and garment industry has been positively improved in 2010 due to the increase in product prices and the increase in export demand.

According to the national economic and Social Development Statistics Bulletin released by the National Bureau of statistics, in 2010, China's cotton planting area was 4 million 850 thousand hectares, which was reduced by 100 thousand hectares compared with that in 2009. Cotton production decreased from 6 million 400 thousand tons in 2009 to 5 million 970 thousand tons, down 6.3% from the same period in 2010.

Cotton production is decreasing because of downstream demand, and its spot and futures prices are rising.

According to relevant data, in 2010, Zheng cotton index climbed from 15600-17700 at the beginning of the year to 33692.

After the November callback, cotton prices in China have risen to around 34 thousand yuan per ton.

Zhang Yanlin, research director of CIC, pointed out that due to the difficulty of changing the tension between supply and demand in the cotton market in the short term, the upward pressure on the cost of the downstream textile and garment enterprises will continue to increase, and the price of its terminal products will be raised.

Moreover, the overall situation of the global economy is gradually improving, and the European and American orders for related enterprises are continuing to warm up. It is estimated that the total export volume of textile and garment industry will continue to grow this year.