International Cotton Prices Rise And Fall Within And Outside Cotton Prices Narrowed

< p > although the performance of the entire textile a href= "//www.sjfzxm.com/news/index_c.asp" > clothing < /a > is still poor, but there are signs of improvement. First, the price difference between inside and outside cotton continues to shrink, and the price of raw materials is decreasing. Two, in the first two months, China's textile and clothing exports grew by 31.87% year-on-year, while the negative growth was the same period last year.

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< p > the narrowing of internal and external prices of cotton is due to the fact that domestic a href= "//www.sjfzxm.com/news/index_f.asp" > cotton < /a > most of the resources are imported into the country, and the market circulation resources are few, leading to the domestic cotton price still rising slightly.

According to the data released by the China Cotton Association, this year, the total amount of storage and storage of China's cotton reserves has been 6 million 315 thousand and 700 tons, and the total amount of dumping and storage of 680 thousand and 800 tons has been accumulated. The average price of 328 grade cotton spot conversion is 19171 yuan / ton, slightly lower than the market price.

While domestic cotton prices have slowed down, the international cotton prices have continued to rise in recent years, mainly due to the increase in global cotton consumption in 2013 and the reduction of cotton stocks.

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< p > the rise of international cotton prices has led to the continued narrowing of domestic and foreign cotton prices. On the one hand, domestic cotton prices have declined, and on the other hand, domestic enterprises have further reduced the cost of importing cotton.

< a href= "//www.sjfzxm.com/news/index_h.asp > > textile > /a > clothing export warming. According to the data released by the General Administration of customs, China's textile and apparel exports totaled US $41 billion 167 million in 1-2, an increase of 31.87% over the same period last year, but negative growth in the same period last year.

Among them, the export of textiles was US $15 billion 68 million, an increase of 26.26% over the same period last year, and exports of clothing and accessories reached US $26 billion 99 million, an increase of 35.34% over the same period last year.

Analysts say that the latest PMI in Europe has reached the highest level in a year, and PMI in the US has continued to rise, hitting a new high since June 2011. The consumer confidence index is better than expected, and China's main export markets perform well, which is the main reason for the sharp increase in textile and clothing exports.

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< p > at the same time, a brokerage industry analyst said that the good performance of China's foreign trade in 1 and February was not short-lived. It is expected that the recovery trend of the export market will continue.

According to the findings of the General Administration of customs, the proportion of pessimistic enterprises exporting to the next 2-3 months has dropped to 39.6%, down 1.3% from last month, the first time since the survey began in 2012, it was lower than 40%.

Performance improvement is worth looking forward to the improvement of exports also reflected in the level of listed companies.

Baron East is one of the duopoly enterprises in the middle and high-end a href= "//www.sjfzxm.com/news/index_s.asp" color spinning "/a" field. A staff member said that the new capacity can basically be digested if the export is further determined.

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< p > recent domestic and foreign cotton price difference has narrowed trend, which is conducive to improving the competitiveness of the company's products.

The company's orders are expected to improve significantly in the first quarter of this year.

Further statistics show that in the industry classification of Shen Wan, 14 textile and apparel listed companies expect annual growth of over 50% in 2012, and Zhejiang's fortune and Huafang textile products are expected to grow 100% in net profit.

"From the standpoint of performance, considering that the difference between domestic and foreign cotton prices is shrinking, production enterprises should be the first to improve."

Galaxy apparel textile and apparel analyst Mari said that the performance of brand clothing needs to be confirmed by the revival of terminal demand.

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