Short Term Export Data To Good And Difficult To Support Zheng Cotton Rise
In February 14th, China's textile and garment exports met with good news again.
China Customs data show that in January 2019, China's textile and clothing exports amounted to 25 billion 63 million US dollars, an increase of 8.42% over the same period, an increase of 8.47% over the same period last year.
This is the first month of 2019, China's textile and garment exports have a good start, far higher than the average growth rate in 2018.
This is undoubtedly a good news for the cotton textile industry, which is under repeated negotiations between China and the United States, and this growth is absolutely unexpected.
Can export data be beneficial to Zheng cotton?
From these two days, Zheng cotton's weak fluctuations showed that such data did not bring positive benefits to them.
According to relevant media analysis, in the case of the global economic and trade situation is not optimistic, especially in the Sino US trade negotiations are still in a sensitive period of uncertainty, the rapid growth of foreign trade is probably due to the "scramble for export" before the deadline for us to impose tariffs on China in March 1st.
In fact, how to avoid speculation for the time being, but the growth of export data is indeed dazzling. The data in February deserve more attention.
According to the GDP growth targets announced by the provinces just now, most regions have lowered their growth targets, of which only Shandong, Shanxi and Inner Mongolia have set GDP growth targets higher than in 2018.
In view of this, in the period of adjustment of the national economic growth speed, the growth of consumption demand will continue to be more difficult than last year, and at most it will remain stable.
Under such circumstances, cotton consumption is hard to grow significantly. In the context of the increase in output of Xinjiang cotton in 2018, the uplink trend of cotton is still under great pressure unless the fundamentals of supply and demand have changed significantly.
Therefore, when the national economy is changing from high growth to steady growth, if the short-term export data show good performance, it is difficult to support Zheng cotton's rise.
- Related reading

2018 Polyester Filament Industry Chain Profit Concentrated In PX And Polyester POY
|
New Challenges Of Textile Industry In China? Vietnam'S Accession To CPTPP Involves More Than 500 Million Of The Population.
|
Trend Analysis Of Disperse Dyes: High Level Operation In The First Half Of 2019
|- Trend of Japan and Korea | What Elements Do Korea Wear In Winter To Dress Up Quickly?
- Collocation | Three Ways To Match Fur Coat
- Fashion item | 冬天牛仔褲怎么搭 潮人帶你觸摸時尚
- international master | Why Do These Two Companies Choose To Enter The Clothing Market From Children'S Clothing?
- neust fashion | Fur Coat Is Very Fashionable And Luxurious. It Gives You The Most Beautiful Experience.
- Domestic data | "One After Another" In The Post Crisis Era Of Foreign Trade
- Standard quality | Han Du Yi House Two Times Boarded The Black List.
- Industry Overview | Export Products Can Not Be Standardized.
- Design Institute | How Can Prada, A Luxury Brand Who Has Fallen To The Bottom, Save Himself?
- Learning Area | How To Deal With Brands Such As Daphne And Lining In The Winter Of Clothing Retailing?
- The Warning For The Second Half Of The Year Was 31St, And The Net Profit After Tax In 2018 Was Much Lower Than Expected.
- 15 Executives In 2018 Paid 6 Million 80 Thousand Of New Feng Ming To Increase Dividends, This Year'S Revenue Or Over 37 Billion
- Chinese Fir Crossover: Garment Industry C No Longer, Investment Income Accounted For Half Of The Performance
- A Group Of New Wave Designers Are Emerging In New York. Social Media Is Creating More Possibilities.
- Zhengzhou Has Staged A Fashion Festival, And Many County Leaders Have Talked About The Development Of Henan'S Clothing Industry.
- Deputy Director Of The National Development And Reform Commission, Ning Ji Zhe, Visited Kuwait And Hosted The First Meeting Of The Construction Cooperation Steering Committee Of The China Section "Silk City And Five Islands"
- 29 Small And Micro Enterprises "Six Tax Two Fee" Top Grid Reduction
- Ya Yun Shares (603790): Announcements (Series)
- Feel The Beauty Of Innovation In Textile Heritage
- Huangchuan County Successfully Held 2019 Textile And Garment Recruitment Seminar