Export Forecast Of Textile Industry In The First Half Year
Affected by the shrinking international market and slowing domestic market growth, the textile industry will operate in a tight situation in 2012. Sun Huaibin, director of the Ministry of industry of the China Textile Industry Association, said recently that the textile industry will speed up structural adjustment and transformation and upgrading, reduce operational risks and strive for steady growth.
According to the analysis of China Textile Industry Association, the continued escalation of the European debt crisis has a significant negative impact on the international market demand. The developed countries such as the United States and Europe have a weak economic recovery, high unemployment rate, low consumer confidence, restricting the demand for textile and clothing, implying that the growth rate of garment export in developing countries has been reduced, and the matching demand of relevant industry chains has also slowed down. In the first half of 2012, China's textile and clothing export demand and competition pressure will be more prominent. In the first half of this year, the number of industrial exports will be low or negative.
At the same time, reserve cotton throwing and storage may drive domestic cotton prices to rise, and domestic and foreign cotton prices will continue to widen, and the international competitiveness of textile enterprises will be further weakened.
At the same time, reserve cotton throwing and storage may drive domestic cotton prices to rise, and domestic and foreign cotton prices will continue to widen, and the international competitiveness of textile enterprises will be further weakened.
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