According to General Administration of Customs has released the latest data from the first quarter of 2011, total exports of textile and apparel $ 48,627,000,000, an increase of 23.96%, which in March increased by more than 50%, the growth rate of 13.56% over 1-2 months rose significantly. But the industry believes that despite substantial growth in real exports of cotton yarn and cotton prices have some support, but the current prices of cotton and textile raw materials and external prices have a greater pressure on the textile industry, the industry situation is still not optimistic.
Than-expected first quarter growth rate
According to customs statistics, in March 2011 China's textile and clothing industry, changes in the actual dollar value of net exports continue to maintain a high level year on year, led the entire first quarter average rate of increase greatly enhanced, more than the market expected.
China's textile exports in the first quarter of this year reached 20.165 billion U.S. dollars, an increase of 32.71%, clothing and accessories exports 28.461 billion U.S. dollars, an increase of 18.42%. and 2 months of depression compared to March's textile and apparel exports of 16.57 billion U.S. dollars, up 50.6%, of which exports of 7.898 billion U.S. dollars of textiles, apparel exports of $ 8,671,000,000, respectively, rose by 56.44% and 45.59%.
February of this year, China's textile and apparel exports to 10.443 billion yuan, down 51.70 percent, down 18.02%. After a sharp drop in February,
personalized caps, the March ushered in the textile and apparel exports rebounded sharply, strong growth of 24% in the first quarter, exceeding market expectations. SW pointed out that despite March's rise in the expected growth rate, but in March 2011, the cumulative growth rate of textile and garment exports of 24%, or exceed the previous expectations of 10% to growth 15% of the range. Analysts said the strong rebound on the import and export both, beating market expectations, while the trade balance tends to restore trade balance showed a small surplus to help ease the pressure of RMB appreciation.
Garment processing industry continues outward transfer
Since the first quarter of this year, China's textile export growth rate is still higher than the clothing, garment processing and other parts of Southeast Asia to transfer labor-intensive industries are trend, but the high-tech fabrics and other areas remain in the country, the future this trend will increasingly obvious.
2011 years ago in March, total textile export growth rate was 32.7%,
logo caps, total garment export growth of 18.4%, textile export growth since 2010 has been higher than the clothing. SW that with China's rising labor costs, making the garment processing and other labor-intensive and low value-chain part of the production processes, is gradually transferred to Southeast Asia, but has the technical content of these textile fabrics industry chain links still remain in the country. This year, both domestic and international brand clothing enterprises to increase the strength of overseas contract manufacturing, exports of some textile fabrics from China to Southeast Asia, and then after making apparel clothing resale to Europe, America, Japan, Korea and other places. The industry believes that China's textile and apparel export industry in the position of the chain is gradually changing, the future this trend will become more apparent.
Ambush cost pressures rising cotton prices
The first quarter export figures beautiful enough to prove that Europe and the United States emerged as the consumer recovery, China's textile and apparel exports has been a turnaround situation. However, due to a new record high raw material prices of cotton, and high domestic labor costs, making the textile industry still faces multiple pressures, the industry situation is not optimistic.
months of international and domestic prices of cotton and textile raw materials hit a record high, to the Chinese textile industry has brought greater pressure. data show that in March the monthly average international cotton prices reached $ 5,116 / ton, the international futures prices $ 4,678 / ton, price of chemical fiber raw materials for textile imports reached $ 3,368 / ton, are high. spot price of domestic cotton price 60684 yuan / ton, the futures price 30716 yuan / ton, an increase of 97.48%, respectively, and 88.31%; chain rose 2.14% and -4.93%.
survey, rising prices of raw materials,
sport hats, lack of confidence in the market outlook and lack of end-consumer demand is relatively weak downstream textile market three reasons. The same pressure was also a significant increase in labor costs.
7 into the textile industry, said recruitment difficulties, nearly 9 percent said their workers enterprises increased substantially over the previous year. According to Ma Wenfeng monitoring and analysis, in March the actual processing of textile and apparel enterprises is expected to reduce the margin to 2.94% of the lower level. at the same time, due to sharp rise in cotton and other raw material costs and accelerate the appreciation of the renminbi, will be difficult to support small and medium enterprises, industry resources will accelerate the flow to large enterprises, export enterprises polarization will intensify.
To continue the relocation of textile processing o
Hybrid Mode
