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In The Last Month Of 2015, Textile And Clothing Exports Resumed Growth.

2016/1/19 10:05:00 85

TextilesExportsClothingCottonNational Cotton Reserves

With the continued depreciation of the RMB against the US dollar and the relatively low base year, the last month of 2015 Spin Clothing Exit Restore growth. According to the data released by the General Administration of customs, the export of textiles and garments in December was 171 billion 810 million yuan, an increase of 9% over the previous year, including 62 billion 540 million yuan in textile exports, an increase of 4.41%, and 109 billion 270 million yuan in clothing exports, an increase of 11.8%. In 2015, the total export volume of textiles and clothing was 1 trillion and 761 billion 950 million yuan, down 3.9%, accounting for 679 billion 710 million yuan in textile exports, 1.3% in clothing exports, and 1 trillion and 82 billion 240 million yuan in clothing exports, a decrease of 5.4%.

Last week (January 11th -15), according to the China Cotton Association processing branch survey, the acquisition of cotton seeds in the mainland is coming to an end, seed cotton resources are scarce, quality is declining, and purchasing prices continue to fall. There are still a few monitoring cases in two provinces of Shandong and Hebei in the Yellow River basin. cotton Enterprises are insisting on the acquisition. The price of the white cotton 3128 week purchase price is 5.76 yuan / kg, down 0.06 yuan. In the Yangtze River Valley, only a few monitoring enterprises in Anhui province have taken over the takeover, and the purchase amount is very small. The price of the white cotton 3128 week purchase price is 6.07 yuan / kg, down 0.10 yuan.

Near the Spring Festival, cotton enterprises are worried that the national cotton store will soon be out of the market and increase sales promotion efforts. The demand for textile enterprises is weak, with the reduction of stock return funds, and the domestic cotton market is scarce, and prices continue to fall. On the 15 day, China's cotton price index CCIndex (3128B) closed at 12679 yuan / ton, and the whole week fell 117 yuan.

In the same period, international cotton prices rose first and then fell. In the early weeks, because of the increase in US cotton export shipments and the reduction of cotton production by the US Department of agriculture (USDA), international cotton prices rose, but cotton prices fell again over the weekend due to the sharp fall in crude oil. On the 15 day, the ICE cotton futures contract closed at 61.41 cents / pound, 0.01 cents a week, and the Cotlook A index closed at 68.75 cents / pound, rising 0.25 cents a week.

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