Domestic Demand Growth Declined, And Domestic And Foreign Cotton Prices Were Too Large. The Overall Situation Of China's Textile Industry Is Still Not Optimistic.

A few days ago, the Ministry of industry and Commerce announced the "first half of 2013 industrial economic operation report" (hereinafter referred to as the "report"). The report pointed out that the dual impact of the increase in domestic demand and the excessive internal and external cotton prices will affect China in the second half of the year. Spin The operation of the industry is grim and the overall situation is still not optimistic.

Data show that in the first half of this year, China's textile industry realized an increase of 8.9% in industrial added value over the same period, and the growth rate dropped 2.3 percentage points year-on-year, down 0.4 percentage points from the first quarter. Among them, the main product yarn and cloth output increased by 8.8% and 9% respectively over the same period, and the growth rate dropped 4.4 and 2.7 percentage points year-on-year. clothing Output grew by 0.6% over the same period last year.

It is noteworthy that the operating efficiency of China's textile enterprises has improved in the first half of this year. According to the figures released, the textile industry achieved a profit of 131 billion 800 million yuan in the first half of this year, an increase of 16.6% on the basis of a decrease of 2% in the same period last year. The main business income margin was 4.6%, an increase of 0.1 percentage points compared to the same period last year. The deficit of enterprises was 17%, a 0.3 percentage point reduction compared with that of the previous year, and the deficit of loss making enterprises was 13 billion 610 million yuan, a decrease of 5.8% over the same period last year.

The Ministry of industry and Commerce pointed out that although the operation of China's textile industry was basically stable in the first half of this year, there were also some outstanding problems, such as the decline in domestic demand growth. Data show that in the first half of this year, China's textile industry fixed asset investment growth slowed down significantly, clothing consumption growth rate dropped to around 10% for the first time in 10 years.

At the same time, export pressure is still relatively large. Data show that in June, China's textile industry achieved an increase of 5.8% in the value of export delivery, which has dropped for 2 consecutive months.

In addition, the price difference between inside and outside cotton is still outstanding. At the end of 6, the price of domestic grade 328 cotton was higher than the international cotton price of about 4500 yuan / ton, and the domestic cotton yarn price was higher than the international cotton yarn price of 4200 yuan / ton. Affected by the excessive price of cotton both inside and outside, there has been an increase in the number of small businesses in the textile industry.