Textile And Clothing Export Is Good For "Piling Up"

Affected by favorable factors such as domestic "double 11" and foreign pre Christmas goods preparation, China's textile and clothing market had a good deal in November. In addition, the demand for return orders in autumn and winter, summer clothing and home textile orders was good, and the domestic combed series yarn transaction was improved. Among them, 60 tightly Combed Yarns continued to be tensioned, and the price rose by about 2000 yuan / ton in November. Industry insiders predict that as the domestic Spring Festival approaches and vaccines are widely used at home and abroad, the demand margin of foreign textiles and clothing may continue to improve, and China's textile and clothing export performance is expected to continue to improve.

According to customs data, in November 2020, China's textile and clothing exports reached 24.58 billion US dollars, an increase of 13.5% year-on-year. Among them, textile export was 12.03 billion US dollars, with a year-on-year growth of 21.8%; clothing export was 12.55 billion US dollars, a year-on-year increase of 3.55%.

From January to November 2020, China's textile and clothing exports reached US $265.21 billion, a year-on-year increase of 9.9%. Among them, textile export was 141.65 billion US dollars, up 31% year-on-year; clothing export was 123.56 billion US dollars, a year-on-year decrease of 10.22%.

From the textile and clothing export situation in November, we can see that the epidemic situation in foreign countries is still relatively serious, and China's textile exports such as masks and protective clothing still maintain a high growth rate of more than 30%. "With the deepening of winter, frequent outbreaks of influenza, repeated outbreaks, and the development of foreign consumer protection habits, China's textile exports such as masks and protective clothing will continue to grow at a high speed, and it is expected that the textile and clothing industry will continue to improve year on year." Zhuo Chuang information analyst Liu Jie said.

In November, the export of traditional textiles, clothing and accessories continued the small growth trend since the second half of this year, but the month on month growth was positive, mainly due to two aspects: on the one hand, the order performance in November was differentiated, but the overall situation was better. Although the domestic "double 11" and Christmas orders are coming to an end, the demand for "double 12" orders, return orders in autumn and winter, summer clothing and home textile orders are in large volume, which supports the improvement of textile and clothing exports in November compared with October. According to Zhuo Chuang information, orders for combed and semi combed yarns were arranged many times in the month to the end of December, and the orders of some 60 closely Combed Yarns were arranged to the end of January. The profit per ton of yarn was about 1000 yuan / ton, and the textile enterprises maintained about 70% of the high load to speed up the order. However, affected by the seasonal demand decline, the impact of imported yarn and Xinjiang yarn, the orders of rotor spinning and carding low-end yarn are not good, the price is difficult to rise, and the processing loss, some enterprises began to limit production.

On the other hand, the price of raw materials rose. "With the consumption of low-cost cotton finished before the National Day holiday, textile enterprises gradually point out the price of Xinjiang cotton or purchase imported cotton. The cost of cotton is about 3000 yuan / ton higher than that before the National Day holiday, and the cotton textile enterprises have a strong mentality of supporting prices. Supported by home textile and summer clothing orders, downstream enterprises have been replenishing their stocks, and yarn prices have risen accordingly. Among them, in November and December, the prices of some varieties of bleached yarns rose by 500-1000 yuan / ton, and the prices of combed 60 and above yarn products rose by 2500 yuan / ton. Cotton spinning enterprises have reduced their losses. Among them, combed yarn has a profit of about 1000 yuan / ton, and rotor spinning and other varieties are still in deficit. " Liu Jie said that affected by seasonal orders, cotton yarn demand differentiation is expected to continue until the Spring Festival, enterprises should pay close attention to changes in raw materials.

In the short term, with the arrival of the Spring Festival, downstream customers at home and abroad will continue to replenish their warehouses and catch up with orders. Liu Jie believes that China's textile and clothing exports in December may continue to grow, while the export of masks and protective textiles is expected to continue to expand. According to the latest survey of Zhuo Chuang information, most cotton yarn orders will last until the end of December, and some enterprises will continue to the middle and late January. It is expected that the inventory of textiles and clothing will remain low before the Spring Festival, and the prices of products will be strong.

In the long run, with the gradual control of the epidemic situation and the large-scale application of vaccines, the stimulus policies of various countries in the world have been increased, and the macroeconomic situation has remained unchanged. In addition, RCEP signing may be beneficial to China's textile and garment exports, and the global textile and clothing market may continue to show a good trend.