Textile And Garment Exports Are Expected To Continue To Improve In The Latter Part.

According to the latest data from the General Administration of customs, in March 2016, China exported about 168.52 US $100 billion of textile and clothing, an increase of 34.10% over the same period last year, an increase of 7.63% over the month.

Exports of textile yarns, fabrics and products amounted to 79.23 billion US dollars, an increase of 34.78% over the same period last year, an increase of 30.25% in the ring ratio, and an increase of 33.50% in the export garments and accessories 8 billion 929 million dollars compared with the same period last year, a decrease of 6.75% in the ring.

In the 1-3 month of 2016, China exported 56 billion 641 million US dollars of textile and clothing, a decrease of 5.26% compared with the same period last year, of which exports

23 billion 456 million US dollars, a year-on-year decrease of 2.24%, and export clothing of 331.85 billion US dollars, a decrease of 7.28% compared to the same period last year.

The National Bureau of statistics issued manufacturing data in March. Data show that in March, China's Manufacturing Purchasing Managers Index (PMI) was 50.2%, an increase of 1.2 percentage points from last month, and a return to the expansion interval. From the data, the domestic economy showed some positive changes. Of course, after careful observation, the purchasing price index of the main raw materials in the PMI component was 55.3%, higher than that of last month's 5.1 percentage points, and two consecutive months higher than the critical point.

The recovery has played a stimulating role in the production of related industries.

Overall, the activity of the real economy has increased and the economy has shown signs of bottom up.

From the data point of view, the long silence of textile market has finally seen a dawning light here, showing a low-key busy season trend, of course, this is inseparable from this year's start cotton price drop.

Previous analysis has shown that domestic consumption in the late stage is mainly dependent on domestic cotton, while domestic cotton is exported by the state, and the price is based on the average price of domestic and foreign cotton. Therefore, the cost of raw materials in the domestic textile industry is in line with international standards, and the competitiveness of textile and apparel in the international market is enhanced.

The export situation is expected to continue to improve.

According to Statistics Bureau, CPI rose 2.3% in March 2016 compared with last month, a decrease of 0.4% compared with last month, and overall performance is lower than market expectations.

From the ring to see, in March, the CPI ratio decreased by 0.4%, mainly due to the price drop of fresh food and some service items. From the year-on-year perspective, the growth rate of CPI in March was the same as that of last month. Some of the categories rose higher, and the price of fresh vegetables rose more than that of last month, up 35.8%, and pork prices rose by 28.4% over the same period last year.

In the 3 month of October, the producer price of industrial producers rose from 0.5% to 1, the first rise since 2014.

To sum up, domestic prices are still rising, and there is also the credit for the rise of commodities.