Textile exports to the United States do not fall back and increase? Will the impact appear next year?

Hits:Updated:2019-01-04 14:01:21【Print】

  Recently, the Comprehensive Department of the Ministry of Commerce and the International Trade and Economic Cooperation Research Institute jointly issued the "China Foreign Trade Situation Report (Fall 2018)". According to the report data, China’s exports to the United States have not declined, but have increased.

  In the first three quarters, China’s import and export to the United States was 3.06 trillion yuan, an increase of 6.5%, accounting for 13.8% of China’s total foreign trade. The United States remains China’s second largest trading partner. Among them, China’s exports to the United States were 2.27 trillion yuan, up 7.4%; imports from the United States were 798.13 billion yuan, up 3.8%. From the data point of view, Sino-US trade still maintains growth. From January to September, China's exports of textile raw materials, textiles and clothing to the United States, the European Union and Japan increased by 8.5%, 3.4% and 4.8% respectively, and the growth rate of exports to the United States increased by 9.1 percentage points over the same period of the previous year. What information is this revealed?

  1. For the market instability after September, the industry chain customers have completed the procurement in the first half of the year!

  I believe that everyone is no stranger to the Double Eleven. So, the textile market is also familiar with the Double Eleven. Every year, when the double eleven is a large number of textile fabrics used, both buyers and sellers will prepare before the double eleventh. In the same period, the price of the grey fabric will be pushed to a high level.

  According to market research, some garment enterprises and traders began to spread a large range of hoarding fabrics after March, and the expectation of Sino-US trade on foreign trade tariffs, the original foreign trade in September. The orders of the enterprises are also advanced before August. From the terminal clothing to the traders, there is a certain amount of fabric inventory. When the market raw material inventory is saturated, it can be imagined that the main clothing and fabric traders in September and October also I dare not pick up the goods, and the order is naturally slowed down.

  In the end, the textile market has already responded to the changes in the price of orders brought by the trade war between China and the United States. At the same time, in the past years, the impact of the double eleven on the market can be described as year after year. Low, so it is impossible to reach a high position if you want to sell fabrics in double eleven.

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