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    Textile Foreign Trade Market Warmer? Is The Order Of Christmas Season Really Coming? The Guangzhou Trade Fair Has A Strong Flow Of People, Textile People: Still Can Not Do Without China Made!

    2019/10/21 10:46:00 0

    Foreign Trade MarketTextile

    According to the relevant data, in September 2019, the foreign trade prosperity index closed at 754.29 points, up 3.26%, up 8.58% compared with the beginning of the year, down 1.23% compared with the same period last year. The foreign trade price index closed at 167.65 points, rising 2.08%, rising 6.80% compared with the beginning of the year, increasing 2.11% year on year, and the foreign trade trust index at 1214.80 points, rising by 6.07%.

       Foreign trade prosperity index and foreign trade price index are rising.

    In September, the foreign trade price index showed a rising trend. Among them, the foreign trade price index of chemical fiber filament fabrics increased by 2%; the price index of embroidery and foreign trade increased by 3.16%; the daily price index of household textiles and fabrics increased by 9.09%; the curtain foreign trade price index increased by 1.89%; the total price index of foreign trade increased.

    The index of foreign trade prosperity is rising, and the foreign trade prosperity index of cotton and its blended fabrics has increased by 8.63%. The index of foreign trade prosperity of chemical fiber and filament fabrics has increased by 5.33%; the index of foreign trade prosperity of embroidery category has increased by 19.58%; and the curtain curtain foreign trade prosperity index has risen 14.66%.

    In September, Sino US relations eased somewhat and eased the mood of macro deviation to a certain extent. Textile market welcomed "strong stimulation". In September, textile and clothing trade orders increased. Will the export market begin to improve in September, and will it boost the upcoming Christmas season?

    The popularity of Guangzhou Fair is still inseparable from China made.

    As a barometer and weathervane of China's foreign trade, the Canton Fair has always been widely concerned by all parties. Especially in the context of the current Sino US trade disputes, the trend of foreign trade on the Canton Fair is more concerned by the industry.

    Before the opening of the Guangzhou Trade Fair, some experts predict that the situation of international businessmen coming to the exhibition may be worrisome due to the trade friction and the global economic distress. In fact, during the three days of the exhibition, the crowd of Riou in the central corridor of the exhibition hall did not feel a touch of coolness.

    Many textile bosses this year worry that orders may be transferred or cancelled in Sino US trade. Entering the September, some enterprises' foreign trade orders are still increasing. According to a foreign trade enterprise feedback, the company's orders are indeed increasing, and it seems to be more sustainable. The Sino US trade war has been taking too long. Some American clothing companies have consumed almost the same stock of raw materials. The demand for Christmas can still be released. On the basis of unadjusted trade deficits, the trade deficit, which is more affected by the trade situation, has risen the highest level since January. It can be seen that the United States still can not do without Chinese products, and the market demand still exists.

    China has always been a big exporter of textiles, and textiles are also one of the pillar industries of China's exports. The improvement of China's textile upstream and downstream industry chain has strong competitive advantages from spinning, weaving, dyeing to garment processing.

    In recent years, with the rise of wage level, China's garment processing in the textile industry chain has gradually lost its price advantage, causing some garment processing enterprises to move out. Southeast Asia's Vietnam, Indonesia, Kampuchea, and South Asia's India, Bangladesh and other garment processing plants sprang up everywhere, making use of the cheap labor force to make garments and exported to Europe and the United States. Despite the rapid growth of garment processing industry in these emerging countries, the self sufficiency rate of fabrics in China is seriously insufficient and needs to rely heavily on imports.

    China's fabric production is not only the first in scale production in the world, but also the top quality product in the world. It is the preferred country for the import of fabrics in Southeast Asian countries, India, Pakistan and Bangladesh. Taking Bangladesh as an example, its fabric self-sufficiency rate is only 20%, and the rest are imported from China, especially the polyester and spandex fabrics with the strongest advantages in China, which import billions of dollars from China every year.

    A foreign trader admitted that he had made a great circle in Southeast Asia and India before, hoping to find alternative enterprises. "However, there are few enterprises with the same manufacturing capability." He said that it was difficult to find an enterprise, but the delivery date was unable to guarantee. The good delivery in August has not yet been delivered, and the quality of the product is also worrying. "It seems that we can't get away from Chinese manufacturing."

    afterword

    October is the traditional peak season for textile industry. Textile enterprises prepare for the "silver ten" and "Christmas season". The market will have more or less layout in advance, and export orders will increase earlier or earlier. But the whole market is still facing the current situation of overcapacity.

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