Analysis Of Textile Foreign Trade Index In July 2012

July 2012

The prosperity index closed at 1436.73 points, down 5.08% from June, down 25.14% last year, and the foreign trade price index closed at 124.45 points, up 0.78% from June, down 9.57% last year.

The confidence index of foreign trade closed at 1009.76 points, down 1.21% from June.

The weakness of textile exports will continue.

In the first half of 2012, the textile raw material market showed a trend of first rise and then drop.

The textile market is basically stable, but with the shrinking of the consumer market and the rising cost of production factors, the whole textile market has been weakening.

The continued escalation of the European debt crisis has a significant negative impact on the international market demand.

China is also a big exporter of textile products. China's textile and garment export demand is insufficient and competitive pressure is particularly prominent.

At present, the industry generally believes that 2012 will be the most difficult year since the financial crisis. The weak export situation will continue, or even the trade deficit may occur.

In 2012, the operation of China's textile industry showed a trend of slowing down, the output of main products slowed down, the number of textile and garment exports increased negatively, and the growth rate of industrial profits dropped.

The textile export market is showing signs of recession.

Affected by the overall economic environment, the increase in labor costs, and the continued high inventory of domestic apparel industry products, the textile terminal enterprises started to maintain a low operating rate, and export demand continued to slump, resulting in insufficient market confidence.

In the second half of this year, the downturn in textile export market has changed little.

At the same time, some export enterprises are also facing many unfavorable factors, especially small and medium-sized textile enterprises are still faced with problems such as poor financing, unstable number of orders, difficulties in pformation, and so on.

The pfer of orders for medium and low end products is still more obvious.

As the international market pressure is still large, coupled with high domestic labor costs, most enterprises are short of labor and wages increase by more than 15%.

Recruitment difficulties, unable to retain and improve the living treatment of workers, etc., have made the labor cost of enterprises showing a rigid upward trend.

As a result, some changes have taken place inside the industry. Many international buyers have pferred textile and apparel orders to Southeast Asian countries such as Vietnam, Kampuchea and Bangladesh.

But this kind of pfer is a product of some large staple goods, and it is a large scale production of medium and low grade products.

The pfer of these orders to Southeast Asian countries is still more obvious because of the obvious rise in labor costs in China.

Overcapacity of mass products is an inevitable choice for industrial upgrading.

In the second half of this year, the domestic textile industry is still showing a certain predicament, cost production has increased, and external demand has been reduced.

The mass product industry began to overcapacity. During the continuous fermentation of the European debt crisis, low level expansion became a bitter drink for the whole industry to drink.

On the other hand, those enterprises who have made efforts to expand their internal strength have used their funds in the renovation of equipment and the development of new markets. When the market in Europe and the United States continues to slump and domestic production costs continue to rise, part of the regulatory model is prepared for Shaoxing textile.

Enterprises in the crisis reborn, industrial upgrading quietly completed.

The pformation forced by the market will relocate the industry. In the process, local governments and relevant departments can formulate corresponding policy guidelines to help enterprises find their own direction from the macro perspective.

Exports of some textiles fell.

The foreign trade prosperity index of cotton and its blended fabrics, chemical fiber filament fabrics, embroidery and knitted Crochet fell unevenly.

Foreign trade price index showed a slight upward trend.

The pace of pformation and upgrading continues to accelerate, and the added value of creative products continues to improve.

Many regulatory models of textile and garment enterprises in Shaoxing have continued to accelerate their pformation and upgrading, and the export of creative products has been expanding. The added value of goods and products has been boosted and the price index of foreign trade has been pushed up slightly.

The export price of creative products continued to increase slightly.

From the domestic point of view, the production costs of textile and garment enterprises show a rigid upward trend, and the pressure on them is increasing.

As the price of production factors such as labor force and price of coal and electricity increases, the pressure can be imagined.

At present, the European debt crisis continues to have a great impact on textile and garment enterprises, and the cost of raw materials has no advantage in some Southeast Asian countries.

In view of the current severe export situation, it is urgent for foreign trade enterprises to find new stable markets and customers.

Many textile and garment enterprises in Shaoxing have continued to develop new international market share, and the export price of creative products has been lifted slightly, and the price index of foreign trade has been pushed up slightly.

The unit price of some textile exports showed a slight upward trend.

The price index of cotton and its blended fabrics, hemp and its blended fabrics, chemical filament fabric, tufted fabric, curtain curtain, knitted crochet and other foreign trade price indices increased unequal.

The foreign trade prosperity index is expected to rise slightly in August 2012.

The international situation is not optimistic, the overcapacity of the industry, the depression of foreign trade, the increase of labor force and production cost and so on have caused the present situation.

Is undergoing a shuffle process.

Along with the improvement of various new trade protection and the green standard threshold of developed countries, some Shaoxing scale textile and garment enterprises take the market as the guidance, speed up the pformation and upgrading, and constantly seek development through exploration and innovation. The whole industry shows the trend of quickening the adjustment of regional distribution and further optimizing the product structure, developing products with higher added value, and reversing the awkward position of being at the lowest end of the value chain for a long time.