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    Textile And Garment Retail Sales Declined In February

    2011/3/21 10:00:00 57

    Everbright Textile And Clothing Consumption

    The cause of the report: textile and garment industry weekly (20110314-20110318) total eleventh, 2011 eleventh.


    Weekly market review


    This week, the Shanghai Composite Index, Shenzhen index, the Shanghai and Shenzhen 300 decline was -0.92%, -0.98%, -0.98%.


    Everbright textile and garment sector rose 0.80%, winning the market.

    among

    Textile board

    Block continued the previous trend, or up to 1.54%.

    The performance of the clothing sector is still poor, or only 0.07%.

    The recent Autumn clothing orders for brand clothing enterprises are expected to achieve greater expectations.


    Industry news developments:


    (1) the consumption price of clothing residents in 1-2 months was flat; (2)

    Exit

    A good buffer pressure of appreciation (3) in January 2011, the export volume of silk garments increased and prices dropped; (4) Lining estimated that the cost increased by 20% this year.


    Dynamics of listed companies:


    (1) YOUNGOR: it has become a "specialized household" to participate in the "100% increase", (2).


    ST source: Changjiang Publishing Group backdoor.


    ST source is listed; (3) Shanshan stock: bond pays interest; (4) INTERCHINA group: benefit from Japan earthquake.


    Industry data summary:


      

    Raw material

    328 grade cotton spot: 30557 yuan / ton (-1.77%); American cotton CotlookA:214.25 cents / pound (-8.15%); viscose staple fiber: 28300 yuan / ton (0%); polyester staple fiber: 14700 yuan / ton (-1.01%); raw silk: 52954 USD / ton (+0.77%).


    In 2011 1-2, total retail sales of consumer goods totaled 29018 billion yuan, an increase of 15.8% over the same period last year. The total retail sales of textiles and clothing in February 2011 amounted to 63 billion 400 million yuan, an increase of 11.6% over the same period last year. The total retail sales of textiles and clothing in January were 83 billion 400 million yuan, an increase of 51.1% over the same period last year, while the retail sales of textiles and clothing decreased by 23.98% in February.


    The total retail sales of textiles and clothing increased by 22.2% over the same period in 1-2, compared with the 32.5% growth rate in December 2010.

    Clothing CPI rose 0.4%, down 0.8%, 1-2 months CPI was flat.

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    Investment Opportunities For Textile And Apparel Retailers Are Coming.

    Recommended portfolio: we continue to recommend high-quality textile and garment retail enterprises: seven wolves, Weixing, fuanna and Luo Laihe Meng Jie. Besides, a good morning bird with good quarterly performance and high possible future growth is also worthy of attention.

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