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Company news

Textile and garment exports declined, sales remained stable.

The global economic and domestic economic data continued to improve, the Fed raised interest rates and the financial commodity market oscillates sharply. Two thousand and sixteen year 1-11 In June, the total export volume of China's cloth work clothes was Two thousand four hundred and forty-one point eight five Billion dollars, down compared with the same period last year 5% Among them Fabric The cumulative export volume is Nine hundred and seventy-one point six two Billion dollars, down compared with the same period last year 2.60%; The total export volume of work clothes is One thousand four hundred and seventy point two three Billion dollars, down compared with the same period last year 6.51%

Cotton market recall

 

   One Domestic cotton prices are weakening. Twelve In July, the new cotton market increased, supply pressure increased, cotton prices weakened. Twelve month Twenty-one Day, Zheng cotton futures contract settlement price Fourteen thousand nine hundred and ninety element / Tons, down from last month. One thousand two hundred and eighty element / Tons or decrease 7.9%; National cotton prices B index Fifteen thousand seven hundred and eighty-eight element / Tons, up from last month Twenty-eight element / Ton or increase 0.2%

 

Recently, the US dollar index has risen sharply, commodity prices have dropped, and international cotton prices have declined. Two thousand and sixteen year Eleven month Twenty-one Day, ICE Cotton futures main contract settlement price Seventy point one three Cent / Pound, ring down Two point two Cent / Pounds, declines 3% International cotton index (M) by Seventy-seven point eight five Cent / Pound, ring down Two point six Cent / Pounds, declines 3.2% According to 1% Tariff calculation, import cost of RMB discount Thirteen thousand eight hundred and thirty-six element / ton ( Exchange rate is assessed by customs. Six point eight five nine two Calculate the same below ) Below national cotton prices B index ( Representing white cotton in the mainland Three Grade price ) 1952 element / Tons.

 

   Two Foreign cotton and cotton yarn prices are relatively stable. Twelve month Twenty Cotton prices in India (S-6) 72.69 Cent / Pound, ring down Two point zero three Cent / Pounds, declines 2.7% According to 1% Tariff calculation, import cost of RMB discount Twelve thousand nine hundred and forty-five element / Tons, compared to national cotton prices B Low index Two thousand eight hundred and eighty-nine element / ton ; Cotton prices in Pakistan ( Karachi Cotton Association standard class ) 73.20 Cent / Pound, ring up Two point nine six Cent / Pounds or gains 4.2% According to 1% Tariff calculation, import cost of RMB discount Thirteen thousand one hundred and thirty-three element / Tons, compared to national cotton prices B Low index Two thousand eight hundred and one element / Tons.

 

   Two thousand and sixteen year Twelve month 13-16 Japan, China Thirty-two Weekly average price of pure cotton yarn Twenty-three thousand one hundred and ninety-six element / Tons, rising Three hundred and twenty-one element / Ton or increase 1.4%; India Thirty Weekly average price of pure cotton yarn Two point six dollar / Kg, lower than the ring 0.1/ Import cost of RMB Twenty-one thousand nine hundred and ninety-six element / Tons, compared with domestic Thirty-two Pure cotton yarn is low. One thousand and two hundred element / ton ; Pakistan Thirty Weekly average price of pure cotton yarn Two point nine five dollar / Kg, ring up 0.11/ Import cost of RMB Twenty-four thousand nine hundred and three element / Tons, compared with domestic Thirty-two Pure cotton yarn One thousand seven hundred and seven element / Tons.

 

   Three point one one Monthly cotton imports Five point five Ten thousand tons. According to the General Administration of Customs of China, Two thousand and sixteen year Eleven Cotton imports in China Five point five 10000 tons, an increase from last month. One point four Million tons, an increase 33%; Year-on-year decline Two point nine 10000 tons, decrease 34.7% Two thousand and sixteen year 1-11 China's total imports of cotton in June Seventy-five point two 10000 tonnes, year-on-year reduction Fifty-three point four 10000 tons, decrease 41.3% Two thousand and sixteen year Nine month -2016 year Eleven China's total imports of cotton in June Fifteen point seven 10000 tonnes, year-on-year reduction Two 10000 tons, decrease 11.4%

 

   Four Fabric work clothes export declined slightly. The latest statistics of China Customs Administration show that Two thousand and sixteen year Eleven In the month, the amount of fabric loading work in our country is Two hundred and sixteen point two 1 billion US dollars, growth in chain ratio 0.76% Year-on-year decline 1.63% Among them, fabric ( Contains fabric spun yarn, Textile And products ) Export volume is Ninety point three Billion dollars, an increase year on year 4.18%; Work clothes ( Includes work clothes and accessories. ) Export volume is One hundred and twenty-five point nine Billion dollars, down compared with the same period last year 5.41%

 

Two. Outline of macroeconomic environment at home and abroad

 

   One The global economic environment is improving. Eleven American Supply Management Association (ISM) manufacturing industry PMI by Fifty-three point two Higher than expected, this year Six The biggest increase since the month. The United States in the same period Markit manufacturing industry PMI Final value Fifty-four point one It is also higher than expected, with the new order index coming from itself. Two thousand and fifteen year Three The highest month. U.S.A Twelve University of Michigan's consumer confidence index climbed to the end of June. Ninety-eight Above Eleven End of month value Ninety-three point eight And anticipation Two thousand and fifteen year One New highs since January.

 

Employment in the EU and the euro area has been rising but not as expected. Eurozone data show that in the third quarter of this year, the eurozone and EU employment figures grew by an average. 0.2% In the third quarter of this year, the number of EU employment increased year-on-year. 1.1% Eurozone employment grew year-on-year 1.2% The failure of the referendum held in Italy on the amendment of the constitution triggered the market's concern about the risk of Italy's banking and European economic risks. The Bank of Japan report shows that Twelve During the month, the index of large manufacturing boom was greatly improved. Two thousand and fifteen year Twelve The highest level since the month.

 

   Two The domestic economy is improving steadily. Eleven In June, domestic economic data continued to pick up, but the rally was still weak. Two thousand and sixteen year Eleven China's Manufacturing Purchasing Managers Index (PMI) by 51.7% Rising from last month. Zero point five A percentage point, continuous upward trend. Production index and new order index rebounded more obviously. Two thousand and sixteen year Eleven In August, the added value of above scale industries increased year by year. 6.2% More Ten Month acceleration Zero point one A percentage point. 1-11 Month, industrial added value increased above scale. 6%

 

   Two thousand and sixteen year Eleven March, total retail sales of consumer goods grew year-on-year 10.8%, Faster than last month Zero point eight A percentage point, down from last month. Zero point four A percentage point. Online retail growth year on year 26.2% Faster than last month. Zero point five Percentage points, down from the same period last year. Six point eight A percentage point. 1-11 January, the national fixed asset investment ( No farmers ) Year-on-year growth 8.3% Speed up and 1-10 The month is flat.

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Contact: Miss Yang

Mobile phone: 13912652341

Mailbox: Info@nynspdw.cn

Kunshan Yingjie Textile Import & Export Co., Ltd.

Address: Double Star stacking A2216-2217, 567 New South Middle Road, Kunshan, Jiangsu.

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