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Textile And Clothing Export Demand Growth Momentum Will Continue To Slow Down In The Fourth Quarter.

2011/11/10 9:17:00 13

Textile And Clothing Export Demand Growth Slowed Down

The survey showed that as of mid October,

Textile enterprises

The yarn production and sales rate was 107.5%, the annulus ratio increased by 6.6 percentage points, an increase of 5.1 percentage points over the same period last year, the sales rate of cloth was 109%, the annulus ratio increased by 16.5 percentage points, up 13.3 percentage points from the same period last year.

However, due to the expectation that the market will not be optimistic, the psychology of wait-and-see enterprises in the downstream enterprises is still relatively heavy.

Cotton yarn inventory is obviously high.

Fall back

But it is still higher than that of the same period last year, and the price is also affected by demand expectations.


Exports of textile and clothing products also showed a marked slowdown in the past two months.

According to Customs Statistics

data

In August and September, textile and garment exports continued to decline, with the growth rate of -2.1% and -9.7% respectively.

At present, the autumn Canton Fair is in progress. Although the textile and clothing products exhibition has just started, but from the relevant data of the first two phases of the Canton Fair, the number of foreign exhibitors and the number of pactions decreased, except for a slight increase in turnover, which made the enterprises less optimistic about the orders of the subsequent exhibitions.

It is expected that the growth momentum of textile and clothing export demand will continue in the fourth quarter, due to the weakening of external demand and the appreciation of exchange rate.

slow down


 
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