Review Of Downstream Market Of China'S Textile And Clothing Industry

According to the data released by the General Administration of customs, in March, China's textile and apparel exports were 12 billion 600 million US dollars, down 32.59% from the same period last year, and the growth rate was 44.05 percentage points lower than the same period last year.

Textile exports 58.75 US dollars, down 29.07% compared to the same period last year, the growth rate was 39.46 percentage points lower than that of the same period last year. Clothing exports were 6 billion 689 million US dollars, down 35.40% compared with the same period last year, the growth rate was 47.74 percentage point lower than that of the same period last year.

In the 1-3 months of 2015, China's textile and apparel exports totaled 59 billion 800 million US dollars, up 2.85% from the same period last year, and the growth rate increased 2.44 percentage points from the same period last year. Of them, the total export volume of textiles was 239.87 billion, up 4.20% over the same period last year, the growth rate was 2.1 percentage points higher than that of the same period last year.

In March, the above limit

The total retail sales reached 100 billion 900 million yuan, an increase of 13.9% over the same period last year, and the growth rate was 5.2 percentage points higher than that of the same period last year.

In 2015, the total retail sales of clothing, shoes and hats and needles and textiles were more than 330 billion 200 million yuan, 1-3, an increase of 10.50% over the same period last year, and the growth rate was 1.8 percentage points higher than that of March 2014.

According to statistics released by the National Bureau of statistics, industrial enterprises above Designated Size realized in 1-2.

The total amount was 745 billion 240 million yuan, down 4.2% compared to the same period last year.

Among them, 1-2 months, the textile industry realized a total profit of 253.7 billion yuan, an increase of 8.8% over the same period, and the total profit of textile and clothing industry reached 17 billion 140 million yuan, an increase of 10.4% over the same period last year.

On the whole, compared with the February textile and clothing exports increased significantly, the growth rate of export volume in 3 months was slowed down, and the export volume in the first quarter continued to grow. In terms of domestic demand, the total retail sales of clothing, shoes and hats and needles and textiles increased by more than the same period last year, and the profit of textile industry increased in 1-2 months.

By the end of April 27th, the registered warehouse receipt of PTA was 155268, with 14777 valid forecasts, totaling about 85 tons, and the continuous increase in warehouse receipts was a sign of the upward trend of the price. It is expected that 1505 contracts will be expected to have a huge delivery.

It is expected that more efforts will be made to increase growth in the future. Monetary easing policy will continue to be relaxed, and investment in finance and infrastructure will be further strengthened.

Upstream raw materials, the international crude oil shocks upward, Asian PX prices gradually increased, PTA PTA production continued losses, cost side support for price increases.

In terms of supply and demand, the 4 million 500 thousand PTA tons of Xiang Lu plant parking, Hengli petrochemical and Ningbo MITSUBISHI plan to overhaul, supply pressure has eased; inventory, the exchange warehouse receipts increased significantly to more than 800 thousand tons, 1505 may contract may appear a large number of deliveries, pay attention to the impact of warehouse receipt delivery on the market, the current industry is in the stage of destocking, downstream polyester demand, downstream weaving and bomb business operation rate is at a higher level, polyester manufacturers inventory down, PTA demand is expected to grow.

Overall, the domestic monetary policy easing expectations will continue to boost the commodity market, upstream crude oil and PX price are expected to continue to pick up momentum, cost support efforts to enhance the rebound in the price rebound, while paying attention to the huge volume of warehouse deliveries and maintenance device restart may exacerbate the fluctuation of the price range, PTA price is expected to show a trend of shock recovery, PTA1509 PTA1509 contract is expected to be dominated by 5000-5800 range fluctuations.