Before August, Exports Of Textile And Clothing Declined, And The Trend Of Garment Sector Was Low.

In August, the retail sales increased by 6.2% compared to the same period last year. In August, the export volume decreased year-on-year 8.52%:2016 in August. The total retail sales of clothing, shoes and hats and needle textiles reached 100 billion 200 million yuan, up 6.2% over the same period last year.

Above quota in 1-8 2016

The total retail sales of needle textiles amounted to 882 billion 700 million yuan, up 7.2% over the same period last year.

In August 2016, China's textile and garment exports amounted to US $27 billion 933 million, down 8.52% from the same period last year.

In 2016, 1-8, China

The total export volume was $175 billion 960 million, down 4.59% from the same period last year.

In August, the average price of domestic cotton increased by 8.57% over the same period last year. The average monthly price in 8 was 14672 yuan / ton, up 1555 yuan / ton compared with the same period last year, up 8.57% over the same period last year.

The average monthly price in August was 80.26 cents / pound, up 8.44 cents / pound, up 11.75% over the same period last year.

In August, the residents' clothing processing service charge CPI rose the most: in 2016 August, the national clothing CPI decreased by 0.10%, an increase of 1.30% compared with the same period last year; the CPI of the residents' clothing decreased by 0.1%, up 1.2% compared with the same period last year; the clothing and processing service fees of the residents increased by 0.4%, up 4.1% compared to the same period last year; the residents' footwear CPI rose 0.1%, up 1.2% over the same period.

Industry dynamics: many sports brands in China appear in Rio Olympic Games; the new textile material research and development center is set up to help the traditional home textile enterprise Alibaba to build the park.

The pformation and upgrading of platform to service-oriented manufacturing; China's synthetic leather green supply chain industrial innovation strategy alliance was established in Lanzhou; Shanghai Textile Group and Jinmao Group signed a strategic cooperation framework agreement; Antarctic electricity supplier and South Korea MUNMU cooperation to launch a network of red business; Huang Xiaoming and Li Bingbing voted the Korean clothing house became the first Internet apparel.

September investment strategy: August

The industry trend slightly increased, retail sales rose slightly, the export volume and the total export volume both decreased in the same month, and the cotton prices rose slightly. In the CPI of all kinds of textile and apparel, only the residents' clothing processing service charge CPI increased the most, indicating that the consumption of textile clothing from product consumption to service consumption.

Through the semiannual reports of the companies, most of the leading enterprises in the industry have achieved their expected results, and the performance of other enterprises has been growing sluggish.

We recommend higher certainty of performance growth, leading related stocks, such as Hai Lan's home.

And Jiaxin silk.