Import And Export Of Clothing Increased, Price Drop, Inside And Outside Cotton Price Difference Narrowed

In October, textile exports increased by 13.8%, exceeding the 8.2% increase in clothing.

From the analysis of quantity and price index, textiles are mainly driven by quantity growth (export volume index is 115.7), while clothing is mainly driven by export prices (price index is 102.2).

The most rapidly growing products in textiles were fabrics (17.2% growth) and finished goods (12% growth), and yarn grew by only 5.5%.

The total export volume of knitted and woven garments increased by 7.4%, of which the export of knitted garments with a lower price was 0.8%, and the number of woven garments increased by 24.5%.

In the 1~10 months of this year, China's textiles and clothing exported 92 billion 880 million US dollars and US $155 billion 590 million respectively, increasing by 5.8% and 6.7% respectively.

All categories of commodities were growing, of which the export volume of knitted and woven garments increased by 8%, and the average unit price of exports decreased by 1.2%.

Since July, the monthly import of textiles and clothing has been declining, but it has not improved in October and dropped by 4.7% in that month.

Among them, textiles decreased by 8.4%, imports of large categories of yarn and fabric decreased by 8.9% and 12.9% respectively, and finished products increased by 4.1%.

In 1~10 months, the total import of textiles decreased by 5.8%, of which yarn and fabrics decreased by 7.8% and 9.7% respectively, and finished products increased by 6.6%.

Clothing grew by 18.7%, of which 460 million of the total imports of knitted and woven garments of large categories increased by 65.7%, and the average unit price of imports dropped by 26.6%.

The import volume of cotton in October contracted significantly, with only 80 thousand tons of imports, down 42% and 33% respectively, and the average import price fell by 38.1%.

Cotton imports totaled 2 million 84 thousand tons in 1~10 months, and the average import price increased by 3.5%.

With the implementation of the cotton target price reform pilot policy in Xinjiang, seed cotton purchasing and processing in all parts of the country started gradually in October.

Under the guidance of policy, the price adjustment mechanism of lint back to the market has been greatly reduced, and the difference between inside and outside cotton has been narrowed.

As the mainland subsidy policy has not yet been implemented, the mainland

Serious selling is serious.

Still slow.

Xinjiang's collection progress is slightly faster than that of the mainland.

10 in the first half of the month, in China

Spot prices continued to decline in September, and textile enterprises began to replenishment of raw materials in late October, and spot prices of lint stabilized.

In October, the average price of CC Index 3128B in China was 14848 yuan / ton, and the monthly price fell 1743 yuan per ton.

The price index of China's imported cotton FC Index M averaged 74.80 cents per pound, down 2.53 cents per pound.

The 1% tariff and slippery tax discount is 11772 yuan per ton and 13968 yuan per ton respectively, respectively, lower than the Chinese cotton price index of 3076 yuan and 880 yuan respectively in the same period, and the difference is reduced by 1354 yuan and 1520 yuan respectively.