Sales Season Continued, National Textile And Clothing Professional Market Boom Overall Good

The prosperity monitoring results of circulation branch of China Textile Industry Federation show that in October 2020, the prosperity index of national textile and garment professional market managers is 50.75, which is 2.37 percentage points lower than 53.12 in September; the prosperity index of merchants in professional market is 51.22, 1.47 percentage points lower than 52.69 in September. In October, the textile and garment professional market continued the peak sales season. Although the indexes fell slightly compared with September, the overall situation was still good.

Prosperity of managers and merchants

Overall, it is higher than 50 rongkuo line

According to the data, in October, the prosperity index of the national textile and clothing professional market managers and merchants slightly fell compared with September, but it was higher than the 50 prosperity and withering line as a whole, extending the sales peak season in September.

1. The business climate index of managers dropped by 2.37 percentage points

Index chart 1

Data source: Statistics of circulation branch of China Textile Federation

From the perspective of the manager climate index, the manager climate index in October was 50.75, down 2.37 percentage points from 53.12 in September; the business environment index was 51.29, down 3.23 percentage points from 54.52 in September.

Among the sub indexes, the total business index was 52.26, down 2.90 percentage points from 55.16 in September; the logistics delivery index was 51.94, down 2.90 percentage points from 54.84 in September; the passenger flow index was 51.94, down 2.58 percentage points from 54.52 in September; the opening rate index was 50.32, 2.58 percentage points lower than 52.90 in September; the rent index was 48.39, 0.64 percentage points lower than 49.03 in September; The e-commerce sales index was 49.68, down 2.58 percentage points from 52.26 in September.

2. The business climate index fell by 1.47 percentage points

Chart 2 list of merchant index

Data source: Statistics of circulation branch of China Textile Federation

From the perspective of the business climate index, the business climate index in September was 51.22, down 1.47 percentage points from 52.69 in September; the business environment index was 51.10, down 2.47 percentage points from 53.57 in September.

Among the sub indexes, the sales index was 52.95, down 2.08 percentage points from 55.03 in September; the average selling price index was 52.60, down 1.39 percentage points from 53.99 in September; the profit index was 52.47, down 2.50 percentage points from 54.97 in September; the comprehensive cost index was 49.45, up 0.50 percentage points from 48.95 in September; the inventory index was 49.32, down 0.82 percentage points from 50.14 in September; The e-commerce sales index was 50.55, down 2.53 percentage points from 53.08 in September.

Data analysis

1. The total market operation, logistics delivery and passenger flow were basically the same as those in September

In October, 70.97% of the total business volume of the selected market was equal to that of September; 74.19% of the selected market logistics delivery volume was equal to that of September; and 74.19% of the selected passenger flow was equal to that of September. In October, the total business volume, logistics delivery volume and passenger flow of more than 70% of the textile and garment professional markets were the same as those in September. It can be seen that the market sales peak season is still continuing. Although from the overall index, compared with the gold sales peak season in September, the overall sales situation is still good.

2. The total sales volume and profit of merchants were basically the same as those in September

In September, 63.70% of the total sales volume of selected merchants was the same as that of September, and 67.12% of the total profits of selected merchants were the same as that of the managers. Although the index declined slightly, the good momentum of the September sales season was continued as a whole, and a good sales situation was maintained through new listing and promotion activities.

The overall forecast index is better

The data shows that for managers, the business climate index of the next period is 52.26, down 2.26 percentage points from 54.52 in September; the business environment index in the next period is 51.61, down 2.91 percentage points from 54.52 in September. In terms of merchants, the next business climate index was 52.47, down 1.38 percentage points from 53.85 in September; the business environment index in the next period was 51.03, down 2.68 percentage points from 53.71 in September. In terms of prediction index, the four pre judgment indexes of managers and merchants are all above 50, which shows that professional market managers and merchants have strong confidence in the continuation of good sales situation in November.