Textile And Garment Exports Declined, Sales Remained Stable.

The global economic and domestic economic data continued to improve, the Fed raised interest rates and the financial commodity market oscillates sharply.

In 2016 1-11, the total export volume of textiles and clothing in China was 244 billion 185 million US dollars, down 5% from the same period last year. The total export volume of textiles was 97 billion 162 million US dollars, down 2.60% from the same period last year. The total export volume of garments was 147 billion 23 million US dollars, down 6.51% from the same period last year.

Review of cotton market

1. domestic cotton prices are weakening.

In December,

Listing volume increased, supply pressure gradually increased, cotton prices weakened.

In December 21st, the main contract settlement price of Zheng cotton futures was 14990 yuan / ton, down 1280 yuan / ton, or 7.9%, and the national cotton price B index was 15788 yuan / ton, up 28 yuan / ton, or 0.2%.

Recently, the US dollar index has risen sharply, commodity prices have dropped, and international cotton prices have declined.

In November 21, 2016, ICE cotton futures contract settlement price of 70.13 cents / pound, down 2.2 cents / pound, or 3%.

The international cotton index (M) is 77.85 cents / pound, down 2.6 cents / pound, or 3.2%. According to the 1% tariff, the import cost of the folded renminbi is 13836 yuan / ton (the exchange rate is 6.8592 according to the customs rate, the same below), which is lower than the national cotton price B index (representing the mainland white cotton 3 grade price) 1952 yuan / ton.

2. foreign cotton and cotton yarn prices are relatively stable.

In December 20th, India's domestic cotton price (S-6) was 72.69 cents per pound, down 2.03 cents a pound, down 2.7%. According to the 1% tariff, the import cost of RMB was 12945 yuan / ton, compared with the national cotton price B index 2889 yuan / ton; the domestic cotton price (Karachi cotton Association standard grade) was 73.20 cents per pound, the ring rose 2.96 cents per pound, and 4.2%. The import cost of RMB was 13133 yuan per ton according to 1% tariff, compared with the national cotton price B index of $2.03 / ton.

On the 13-16 day of December 2016, the average weekly price of 32 cotton combed cotton yarns in China was 23196 yuan / ton, up 321 yuan / ton, or 1.4%; the average weekly price of 30 cotton combed cotton yarn in India was 2.6 U. S. dollars per kilogram, which fell by 0.1/ kilograms, and the cost of import was 21996 yuan / ton, which was lower than that of domestic 32 pure cotton yarn. 1200 yuan / ton of pure cotton yarn per week in Pakistan, the average weekly price of 30 cotton yarn was USD / kg, which rose by 0.11/ kg.

Cotton imports 55 thousand tons in 3.11 months.

According to statistics of the General Administration of customs, China's imports in November 2016

55 thousand tons, an increase of 14 thousand tons from the previous month, an increase of 33%, a decrease of 29 thousand tons, or a decrease of 34.7% over the same period last year.

In 2016 1-11, China imported 752 thousand tons of cotton, a decrease of 534 thousand tons compared with that of the previous year, a decrease of 41.3%.

In September 2016 -2016 November, China imported 157 thousand tons of cotton, a decrease of 20 thousand tons compared with that of the previous year, a decrease of 11.4%.

4. textile and clothing exports declined slightly.

According to the latest statistics of the General Administration of Customs of China, in November 2016, the export volume of textiles and clothing was 21 billion 620 million US dollars, a 0.76% increase of the ring, a 1.63% decrease compared with the same period last year.

Among them, exports of textiles (including textile yarns, fabrics and articles) amounted to US $9 billion 30 million, an increase of 4.18% over the same period last year.

(including clothing and accessories) exports amounted to US $12 billion 590 million, down 5.41% compared to the same period last year.

Two. Outline of macroeconomic environment at home and abroad

1. the global economic environment is improving.

In November, the ISM of the US Manufacturing Management Association (PMI) was 53.2, higher than expected, the biggest increase since June.

In the same period, the final value of PMI in the US Markit manufacturing industry was 54.1, which was also higher than expected, of which the new order index was the highest since March 2015.

The US consumer confidence index of University of Michigan in December climbed to 98, up from 93.8 and expected at the end of November, the highest since January 2015.

Employment in the EU and the euro area has been rising but not as expected.

Eurozone data show that in the third quarter of this year, the euro area and the EU employment grew by 0.2% compared to the same period. In the third quarter of this year, the number of EU employment increased by 1.1%, while the number of eurozone employment increased by 1.2% over the same period last year.

The failure of the referendum held in Italy on the amendment of the constitution triggered the market's concern about the risk of Italy's banking and European economic risks.

According to the Bank of Japan report, the index of large manufacturing boom in December increased significantly, the highest level since December 2015.

2. the domestic economy is improving steadily.

In November, the main domestic economic data continued to pick up, but the recovery was still weak.

In November 2016, China's Manufacturing Purchasing Managers Index (PMI) was 51.7%, an increase of 0.5 percentage points from last month, continuing upward trend.

Production index and new order index rebounded more obviously.

In November 2016, the industrial added value of above scale increased by 6.2% in real terms, up 0.1 percentage points over October. In 1-11 months, the industrial added value of above scale increased by 6%.

In November 2016, the total retail sales of consumer goods increased by 10.8% over the same period last year, 0.8 percentage points faster than last month, down 0.4 percentage points from last month.

Online retail grew by 26.2% over the same period last year, 0.5 percentage points faster than last month, 6.8 percentage points lower than the same period last year.

In 1-11 months, the fixed asset investment (excluding farmers) increased by 8.3% over the same period last year, and the growth rate was unchanged from 1-10 months.

For more information, please pay attention to the world clothing shoes and hats net report.