Changes In Consumer Behavior In Europe And America Affect China'S Textile Export Industry Chain

In 1~9 months, the US imported 11.18% cotton products from the world.

The European debt crisis has led to changes in consumer behavior in Europe and the United States, including clothing.

China began in April this year, especially in the third quarter.

Orders from Europe and the United States are rapidly decreasing, indicating that China's textile and garment exports will continue to weaken in the first half of next year.

The recession of textile and garment exports this year has led to a sharp fall in cotton prices in China.

In order to ensure the stability of cotton production and price, China started the temporary storage and storage of cotton in September 8th. The price of temporary storage and storage is 19800 yuan per ton of standard lint.

As of November 22nd, the national temporary cotton storage capacity has exceeded 600 thousand tons so far, effectively reducing the pressure of supply.

However, China store cotton said that the sales of yarn and cloth were still sluggish in the near future, and the textile enterprises in the upper and lower reaches were discontinued, the phenomenon of limited production increased, the inventory of finished products remained high, and the price of cotton yarn would continue to fall.

From an international perspective, the global cotton production supply is adequate. The US Department of agriculture's October report shows that the stock of cotton in the 2011 is expected to increase by 22.02% compared with 2010.

Affected by the debt crisis in Europe and the United States and other countries, the world economic growth has slowed down, and cotton consumption has not been enough.