Home >

Textile Industry Continues To Increase Operating Pressure

2012/7/25 8:32:00 6

Textile IndustryPressureDownward Trend

Recently China

Spin

The Federation of industry announced the operation data of the industry. Compared with the previous years, the economic indicators declined significantly, and the operating pressure of the industry continued to increase.

From January to April this year, the textile enterprises above Designated Size reached 1 trillion and 677 billion 58 million yuan in total industrial output value, an increase of 13.11% over the same period last year, and the growth rate dropped by 17.43 percentage points compared with the same period last year. The growth rate of industrial sales output decreased by 17.62 percentage points compared with the same period last year.

In terms of industry operation efficiency, nearly 20% enterprises with large scale losses and losses increased by 120% compared with the same period last year, with a profit margin of 4.5%, 0.66 percentage points lower than the same period last year.


The change of textile industry index is directly reflected in the operation level of enterprises.

Sun Chengbiao, head of Suqian Hengda textile raw materials Co., told reporters that at this time of the past year, the volume of cotton trade could reach more than 100 tons per day. Now the volume of trade is tens of tons per month, and there is still credit on account.

The current situation of cotton textile raw material trade is deeply disturbing to the head of the enterprise.


An internal document of China Textile Industry Federation shows that in 2012, the total number of Chinese textile industry has increased from about 13000000 in 2000 to 20 million people, and the number of Enterprises above Designated Size (annual sales income of 20 million yuan) has reached 36 thousand and 700 households.

What is worrying is that this huge employment industry is encountering a difficult stage.

Sharp drop in trade volume and small profit margins make some enterprises face enormous pressure to survive.


Sun Huaibin, spokesman of the China Textile Industry Federation, told reporters that in the first 4 months of this year, the total retail sales of Enterprises above designated size were

clothing

The retail sales of shoes and hats and knitted textiles increased by 15.6% over the same period last year, down 7.9 percentage points from the same period last year, and the actual growth rate of retail sales was only 11.6%, after deducting price factors, which was 11.2 percentage points lower than that of the same period last year.

However, the growth rate of textile and garment retail sales in the past year will generally be seven or eight percentage points higher than the total retail sales in the whole society.


In the textile industry, the domestic market scale accounts for about 80% of the whole industry.

Sun Huaibin said that in the ideal state, the domestic demand growth rate should reach 15% within the year. If this goal can not be realized, China's textile industry is likely to face greater difficulties.


External demand data is also not optimistic.

In the first 3 months of this year, China's textile and apparel market share in the United States and Japan was 35.58% and 72.03%, respectively, representing a decrease of 4.55 percentage points and 2.92 percentage points respectively, compared with that in 2011, of which the market share of cotton products was the most obvious.

In addition, from January to April this year, the export volume of textiles to ASEAN increased by only 2.69% over the same period last year, down 59.66 percentage points from the same period last year.


In view of the declining trade situation of the textile industry in the international market, China Textile Industry Federation still focuses its attention on the raw material price difference while objectively describing the external factors.

The analysis shows that the high price of domestic cotton has increased the production cost of textile enterprises and reduced the competitive advantage of Chinese textile enterprises in the international market.

Data show that in the first 4 months of this year, China

Exit

Textile and apparel $71 billion 3 million, an increase of only 1.07% over the same period last year.

  • Related reading

Cotton Arbitrage Opportunities Are Less And More Risky.

financial news
|
2012/7/24 17:49:00
10

Consumption Is Still A Key Factor Restricting Cotton Prices Going Up.

financial news
|
2012/7/24 17:49:00
11

东亚期货:棉花低开高走,上行遇压力受阻

financial news
|
2012/7/24 17:58:00
9

London Olympic Games Can Be Seen Everywhere In China.

financial news
|
2012/7/24 17:56:00
40

国内棉价稳步上涨 国际棉价反弹动力不足

financial news
|
2012/7/24 17:53:00
5
Read the next article

Jinjiang Cooperates With Textile And Clothing Universities To Improve Garment Industry Development Level

The mode of school enterprise cooperation has been increasingly accepted by garment enterprises. The relevant departments in Jinjiang said that they will cooperate with textile and clothing universities to improve the development level of garment industry.