The Weather Is Suddenly Cold &Nbsp; The Textile And Garment Industry Is Getting Warmer.

Production data: according to the data we obtained, the 2 quarter of this year began with the above scale.

Import and export data: in 2011 1-10, China's textile and apparel exports totaled $205 billion 780 million, an increase of 22.77% over the same period last year, and the growth rate decreased by 1.53 percentage points compared with 24.3% in 1-9 months.

Market performance

In November, the textile and garment industry fell by -4.69%. In the same period, the Shanghai and Shenzhen 300 fell by -6.45%, and the textile and garment sector led the market by 1.76%.

Industry viewpoint investment suggestion

Raw materials: the international cotton price will remain weak in the near future, thanks to the impact of the international European crisis and the global demand for cotton supply.

Domestic consumption and cotton demand are hard to pick up quickly and cotton spot prices are still weakening.

Terminal sales: on the one hand, the economic recovery in Europe and the United States is weak, the cost of labor is rising, the RMB continues to appreciate, and the growth rate of export textile and clothing is slowing down. On the other hand, domestic inflation has also restrained domestic demand to a certain extent. The growth of retail sales is largely attributable to the increase in prices, and the sales volume of clothing sales in department stores is relatively small.

However, the macro side is beginning to change for the better: in the case of slower inflation expectations, the market has a strong expectation of easing policy expectations.

The future market is expected: the fourth quarter brand clothing enterprises enter the peak season of sales. From this year's situation, the weather factors (warm winter) will affect the sales situation to a certain extent. We will continue to follow up the sales situation of the four quarter.