Clothing Shoes And Hats Retail Sales: Entering The November Market Quotation Is More Likely To Be Callback.

The strong textile market in October is mainly due to the good performance of various products in the polyester industry chain and the strong promotion of the small variety cocoon silk market.

But it is more likely to enter the market in November.

From the perspective of the entire textile industry, the textile export situation is still grim. Entering the textile industry in November, it will also enter the low demand season. The demand will continue to shrink, and the whole country will open the "cold winter" mode. The textile index is expected to reach a maximum of 850 points and a minimum of 830 points.

According to the textile index, continuation of the good rally in September, the domestic textile market continued to show upward trend in October. As of 31 days, the textile index was 849 points, hitting a new high in the year, up 3.28% from 822 at the beginning of the month, up 14.27% over the same period.

The highest point of the period was 1074 (2013-02-19), a decrease of 20.95%, which was 18.74% higher than that of the 02 lowest point on 2016 17 at 715.

From the perspective of the textile industry, textile exports in September dropped significantly. According to the General Administration of customs statistics, in September, China's textile and clothing exports were 22 billion 760 million US dollars, down 15.4% compared to the same period last year. 1-9 months, textile and apparel exports totaled 201 billion 100 million US dollars, down 4.9% from the same period last year.

But in retail sales, clothing shoes and hats in September,

Retail sales of 117 billion yuan, a year-on-year increase of 6.7%, the month of 1-9, the retail volume of 10020 billion yuan, a year-on-year increase of 7.2%.

In addition, the supply and demand index (BCI) of commodities in October was 0.57, or 3.83%, reflecting the expansion of the manufacturing economy in the month and the rising trend of the economy.

Specifically, the cotton market supply situation at home and abroad has improved over the past year, and the overall domestic cotton production reduction has been determined. According to the China Cotton Association forecast, the total cotton output in the 2016/17 year is about 4 million 641 thousand tons, down 3.7% compared to the same period last year, decreasing for four consecutive years.

And imports are also decreasing. In 1-9 months of 2016, China imported 654 thousand and 900 tons of cotton, a decrease of 504 thousand and 500 tons compared with that of the previous year, a decrease of 43.51%.

But the downstream consumption power is insufficient, and the new cotton will be listed on the scale one after another.

The pressure of sales will increase gradually, and the pressure of rising prices will also increase.

After entering the plant market in November, the factory will not choose to overhaul in winter unless there is a force majeure or malfunction stop. This means that high load operation will be maintained before the end of the year.

At the same time, the prospect of crude oil production is blurred, showing a shock pattern.

Support is limited.

The cocoon silk market and the end of the autumn cocoon harvest have been basically determined in the whole year. Before the demand is substantially improved, the unilateral support of raw material cost is obviously not enough for the current cocoon silk market to continue to rise, but it still plays a certain role in stabilizing the market. It is estimated that the price of cocoon silk will decline slightly in November.