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Three possible trends for the future development of China's textile industry


According to the 2016 China textile industry development of domestic and foreign import and export, the future of China's three possible tendency of the development of the textile industry, the domestic textile industry enterprises need to recognize that China's current and future years of domestic situation and international situation, in my opinion, things may not be too optimistic, and the analysis. Cotton (13900, 5.00, 0.04%) Resource supply has a tendency of emphasizing "domestic cotton" and ignoring "foreign cotton". From the current situation of cotton resource supply in 2016, the state vigorously promotes the entry of domestic cotton and local cotton into the market, while the import of foreign cotton, such as American cotton, Indian cotton and Australian cotton, has been restricted. On the one hand, due to the limited quality of cotton varieties produced by domestic textile enterprises, Chinese enterprises mainly import C/A, EMOT, SJV and other varieties of high-quality and high-grade cotton. In addition, several major alliances led by the United States have imposed trade restrictions on China, and the United States has given priority to the import of American cotton to the signatories, including Vietnam, Pakistan, Turkey, Indonesia, Mexico and other countries. Indian cotton is one of China's main sources of imports, but with Pakistan's voracious demand for Indian cotton, the price of Indian cotton has skyrocketed, making it cost-prohibitive for Chinese textile companies.

From the perspective of the cotton market situation in 2016, cotton resources are still relatively tight. The cotton produced by various countries is mostly used for self-selling, and the export will be relatively weak. Fortunately, from the perspective of spinning and cotton distribution, high-quality Xinjiang cotton + local cotton + national storage cotton can fully meet the needs of cotton mills. In addition, the growing area of long-staple cotton is greatly increased, and the dependence of domestic textile mills on Macao cotton and American cotton is further reduced. If foreign trade barriers against China remain or expand, China is likely to produce and sell its own cotton. At present, the industry experts have realized the problem of cotton output, and the r&d and production of cotton varieties have been put on the agenda. The government will give strong support for the domestic textile enterprises to use cotton.

Cotton textiles exports stumble may be more serious / 2017, 2016, China's textile and garment enterprises in Europe and America, southeast Asia, central Asia and other countries "under siege" and depress the situation even more severe, the customs statistics, the export of cotton goods rose only 2.16% in July, rose 0.17%, coupled with exchange rate fluctuations, the federal reserve to raise interest rates and economic uncertainty factors such as deflation, high count and high density fabric and garment export is not optimistic. According to the international political situation, The relationship between China and the United States and other developed countries is not stable, and the United States tries to attract other countries to set various obstacles to China's economic development. In the first half of this year, 12 countries -- the United States, Japan, Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam -- formally signed the TPP agreement in Auckland, New Zealand. Together, these 12 countries account for 40% of the global economy, more than the European Union, which seriously affects the development of China's textile industry's foreign trade. According to customs statistics, China imported 890,000 tons of foreign cotton from September 2015 to July 2016, a decrease of 700,000 tons year on year, a decrease of 44%. From January 2016 to July 2016, the cumulative import of foreign cotton reached 525,000 tons, a year-on-year decrease of 527,000 tons, a reduction of 51%. China imported "diving" in number, raised many imports and foreign large and medium-sized enterprises, many small trade companies such as Qingdao, zhangjiagang, and guangzhou, middlemen have turned to do import yarn, chemical fiber, or put up the shutters transfer, the hope, or are engaged in the textile industry enterprises put forward the severe test, the instability increases the risk of the cooperation of the enterprise, is not conducive to textile industry healthy and benign development. China and the world of international relations severely affects the nerve of the domestic textile industry, if China can obtain a bigger say in international trade, the stability and development of the domestic textile industry will have great benefits, the hangzhou at the G20 summit is able to make progress on trade issues, the result is very interesting.

To sum up, the future development of China's textile industry is facing multiple difficulties, the situation is not optimistic, but also need not too pessimistic, believe that the ability of the country, the government, will help the textile industry development, for the textile industry of good management of the enterprise, enterprises should focus on the national policy of market make timely adjustments. (Source: Cottonline.com)

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