1nternational demand rebounds, textile and garment industry exports increase

According to the “statistical bulletin of national economic and social development of the people’s Republic of China in 2010” released by the National Bureau of Statistics recently, the total export volume of China’s textile yarn, fabric and products in 2010 was 77.1 billion US dollars, an increase of 28.4% over the previous year; The total export volume of clothing and clothing accessories was 129.5 billion US dollars, an increase of 20.9% over the previous year

Xiong Xiaokun, a light industry researcher of C1C, pointed out that with the gradual recovery of the global economy, the demand for textile and garment products in the international demand market is gradually increasing. Moreover, due to the decrease of cotton planting area in recent years, the relationship between supply and demand of cotton market is very tense. Since the second half of 2010, domestic cotton prices have continued to rise. 1n order to transfer the cost pressure, the downstream textile and garment enterprises have increased the price of terminal products. Therefore, affected by the rise of product prices and the increase of export demand, the export situation of China’s textile and garment industry was positive in 2010. According to the 2010 national economic and Social Development Statistical Bulletin released by the National Bureau of statistics, in 2010, China’s cotton planting area was 4.85 million hectares, a decrease of 100000 hectares compared with 2009; Cotton production decreased from 6.4 million tons in 2009 to 5.97 million tons, a year-on-year decrease of 6.3%

due to the relatively strong downstream demand, the output of cotton decreased, and the spot and futures prices continued to rise. According to relevant data, in 2010, the Zheng cotton index rose from 15600-17700 at the beginning of the year to 33692. After the correction in November, the domestic cotton price has risen to 34000 yuan / ton

Zhang Yanlin, director of C1C consulting research, pointed out that due to the tight supply and demand situation in the cotton market in the short term, the rising cost pressure of downstream textile and garment enterprises will continue to increase, and the price of their end products will increase. Moreover, the overall situation of the global economy is gradually improving, and the orders of relevant enterprises in Europe and the United States continue to pick up. 1t is expected that the total export volume of the textile and garment industry will continue to grow this year

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