Textile: Cotton Production Increased Greatly

In December 16th, China's cotton price index (328) reported 19067 yuan / ton, a slight increase of 0.05% in the past week, and continued to show a trend of low volatility. In November, the retail sales above the quota rose again in the same month. Newest retail Data show that in November, retail sales of clothing, footwear and hat and knitted goods increased by 22.50% over the same period last year, up 3 percentage points from 19.50% in October.

In November, the cumulative growth rate of textile and clothing exports continued to decline. In the first eleven months of 2011, the export volume of textile yarn, fabrics and products increased by 24% year-on-year, and exports of garments and accessories were increased. Amount of money Cumulative growth of 19.50% over the same period, the growth rate continued to decline trend. In November cotton production growth picked up significantly, and garment production growth returned to the downtrend.

In November, the output of cloth increased by 14.38% over the same period last year, a 5.1 percentage point increase over October, of which cotton output increased by 12.66% over the same period last year, a 4.88 percentage point increase over October. Clothing output Year-on-year The growth rate was 3.10%, down 4.53 percentage points from 7.63% in October.