Textile Finance: November Clothing CPI Fell Sharply
Industry data interpretation of raw material prices: Cotton price Continue to rise, viscose staple fiber, viscose filament prices fall. By the 09 week of November 2012, China's cotton index (328) reported 18991 yuan / ton, rising 0.39% in the past week, continuing the recent upward trend. This week, except for viscose staple fiber and viscose filament prices, they all showed a rising trend.
Retail growth continues to rise but remains low. In the first 11 months, the sales volume of clothing, shoes, hat and knitwear increased by 18.2% year-on-year, up 0.3 from the first 10 months, continuing to rise, but still significantly lower than the same period last year. At present, textile and clothing retail is still significantly affected by the decline in economy and consumption, and it is still necessary for us to get out of the downturn.
clothing The CPI growth rate dropped significantly in November. In November 2012, CPI grew by 2% over the same period last year, a slight rise of 0.3 percentage points compared with 1.7% in October. Clothing CPI increased by 2.3% over the same period last year, down 0.4 percentage points from October, of which clothing CPI grew by 2.4% over the same period last year, down 0.6 percentage points from October, and accelerated to fall.
The footwear industry in Dongguan is exploring a new mode of domestic sales, emerging markets frequently investigate anti-dumping investigations, and spinning enterprises in order to avoid trade friction in the overseas garment industry: we must keep a close eye on consumer demand, Semir explains the high inventory: "next year will be a complete solution" department store clothing sales now fold the odd circle of British retail clothing sales in November increased by 29% over the same period last year.
Announcements and comments of listed companies: Hinur (002485 shares, quotes, information, main trading): Announcement on approval of the issuance of corporate bonds by the SFC. Pathfinder (300005 shares, quotes, information, main trading): Announcement on controlling shareholders' holdings of shares of the company. Good news birds (002154 shares, quotes, information, main trading): Announcement on changes in shares and issuance of A shares. Sino (002485 shares, market, information, main trading): Announcement on share ownership of controlling shareholders. Overseas market news and company announcements. Morgan: Giordano target price increased to 7.7 yuan rating "overweight" Morgan: reduced I.T target price to 3 yuan, rating downgraded to "neutral" Prada third quarter net profit 122 million euro growth 30%. PEAK won 7 million shares by chairman.
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