A Quarterly Disclosure Of Textile And Clothing Starts &Nbsp, And Export Tax Rebates Will Be Lowered.

This week, the Shanghai Composite Index, Shenzhen index and Shanghai and Shenzhen 300 fell 0.35%, 1.87% and 0.66% respectively.

Fuan (002327) announces a quarterly earnings forecast, which rose sharply on Friday in the overall decline of textile and clothing, and rose more than 5% a week. This shows that the quarterly performance of the annual report will be a new hot spot in the market speculation.

Industry news trends: (1) Li Feng forecast export prices rise, China's inflation output global; (2) cotton in September the first test of storage system, the bottom price of 19800 yuan per ton had little effect; (3) Xinjiang subsidized cotton yarn produced and exported by local cotton; (4) the textile industry "12th Five-Year" science and technology progress around 7 aspects.

Dynamics of listed companies: (1)

Summary of industry data: raw materials: grade 328 cotton spot: 29852 yuan / ton (-2.26%); American cotton CotlookA:227.75 cents / pound (-4.17%); viscose staple fiber: 26500 yuan / ton (-5.69%); polyester staple fiber: 14350 yuan / ton (-1.48%);

It is said that the import tariff reduction and textile export tax rebate are specific in the following aspects: 1. cotton duty free imports; 2.

The value added tax 3-5% of agricultural products (000061) and food related processing industries was reduced; 3, the export tax rebate rate of textile and garment was reduced from 16% to 11%.

It is reported that the export tax rebate reduction or not, there is no conclusion, the official did not give a definite answer.