[2017.02.08] Quotation Analysis Of Daily Quotations Of The Silk Road

1, [cocoon silk quotation February 8th special issue] Wednesday Jiaxing cocoon silk composite index flat reported 3411.25 points.

B silk / dry cocoon: 170325 flat newspaper 386 thousand and 100 / flat 117 thousand and 200, 170925 down 300 300 378 thousand and 900 / flat 93 thousand and 900.

This week after the long break of spring vacation, the performance of the disc was not disturbed.

Market participants are highly concerned about the trend of post cocoon silk, and the focus is on the reaction of India businessmen on this month's small trade fair.

India's "junk money" has hurt the economy's loose monetary demand. It was widely expected that the Central Bank of India would announce a 25 basis point cut in interest rates to stimulate India's economic growth.

In the afternoon of 17 p.m. Beijing time, the India central bank's resolution indicated that the central bank kept the repo rate unchanged at 6.25%, and the Central Bank of India changed its policy stance from loose to neutral.

Guangxi market dry cocoon no quotations, raw silk 033 down 1500 to 382 thousand and 600, 093 down 1425 to 378 thousand and 900, total turnover 18 batches, total positions 502 batches.

Overall, the rally is weak. Although some factories have started work after the holiday, most of them are mainly stock based, and more demand for raw materials is needed. At present, the overall production of industry factories is still slow. The downstream demand is still in the doldrums. But with the big division of labor after the fifteen lunar calendar, the demand for raw materials is expected to gradually enlarge. It is expected that the trend of cocoon silk will continue to maintain high consolidation before the advent of the new cocoon.

2, [silk market quotation]

3, the vice chairman of the international spinning Federation and Sun Ruizhe, President of the China Textile Industry Federation: cooperate and cooperate to form a new situation in the orderly development of world textile industry. In recent years, the emerging economies represented by India, Vietnam and Bangladesh have developed rapidly through giving full play to the relative advantages of raw material supply, trade policy and labor cost.

Taking Vietnam and Bangladesh as an example, textile and garment exports increased by 16.30% and 8.11% in 2015, respectively, in the context of the overall decline in global textile trade.

These emerging economies have formed their own characteristics in combination with their natural endowments and the reality of domestic development.

Positioning and development planning, their role in the world's textile economy has become increasingly prominent, and has injected new impetus to the world textile industry.

All along, the development of China's textile industry has taken a road of focusing on development and common prosperity. It is a road of continuous opening and deep integration. It is a way of complementary advantages and synergy. It is a way of seeking common ground while reserving differences and achieving win-win results.

While seeking our own development, we are pleased to see that we are also actively promoting other countries' common development.

The development of China's textile industry is an opportunity for the world's textile industry.

4,

When the Chinese New Year holiday is over, the bocjoy Exhibition Center in Paris welcomed the 2017 China Textile and clothing trade exhibition (Paris) spring exhibition and the Paris international clothing and apparel Exhibition (CTAF/APP Paris) jointly sponsored by the textile industry association of China Council for international trade promotion and the Frankfurt Exhibition (France) Company in February 6th. A total of more than 300 exhibitors participated in the spring Paris exhibition. They came from 14 countries and regions, namely, China, Bangladesh, India, Morocco, Burma, Guatemala, Pakistan, Ethiopia, China, Ethiopia, Vietnam, Sri Lanka, Japan, Japan and so on.

The scale of the exhibition has been the highest in the past spring exhibitions, which has increased by 30% compared with the previous spring exhibition.

Among them, China's high-end, high-quality men's wear, independent design of women's clothing brand and advanced custom clothing is still the highlight of the exhibition.

5, [Nanchong exported 7 tons of double Palace silk] recently, reporters learned from Nanchong entry exit inspection and quarantine bureau that the Nanchong characteristic silk product reeling double Palace silk exported 7 tons in 2016.

6, Trump's new deal.

Export is not optimistic. In January 2017, the latest statistics of China's foreign trade import and export announced by the General Administration of Customs showed that in 2016, China's textile and apparel exports totaled 262 billion 450 million US dollars, down 7.5% compared to the same period last year.

Among them, textile exports amounted to 104 billion 990 million US dollars, down 4.1%, and clothing exports 157 billion 460 million US dollars, down 9.6%.

Especially in the month of December, China's clothing exports amounted to 14 billion 280 million US dollars, down 16.5% compared to the same period last year.

Even in Renminbi, a 10.6% decrease.

The United States is the main market for China's textile and clothing exports. The decline in clothing exports in China has deepened. In addition, the new president Trump's new policy on the return of manufacturing industry has made Chinese textile industry full of concern and speculation about the trend of international trade in the new year.

Huang Songping, spokesman of the General Administration of customs, summed up the overall situation of China's import and export of goods trade in 2016 at a press conference held by the State Council, pointing out: "in 2016, the global economy is still in the deep adjustment period after the international financial crisis, the economic recovery is weak, and the demand for the international market is weak. The unstable and uncertain factors facing China's foreign trade development are obviously increasing, the downward pressure is increasing, and the overall situation is complex and grim."

Mao Kailin stressed that the idea of trade liberalization and globalization advocated by the US cotton industry will not change. It will continue to actively promote and promote close cooperation between the upstream and downstream of the global supply chain, and create every link in the supply chain and create more business value.

Looking forward to 2017, Huang Songping believes that the international environment is still grim and complex, and the downward pressure on the domestic economy is still relatively large. There are still many uncertainties affecting China's foreign trade development, and the foundation for supporting the continuous improvement of foreign trade is still not solid.

At present, the world economy is facing many new challenges, and the sluggish slack is still the keynote of the world economy.

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