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

2019-09-18 18:23

According to the domestic development of China's textile industry in 2016 and the foreign import and export situation, there may be three major trends in the development of China's textile industry in the future, and the domestic textile industry enterprises need to recognize the current domestic situation and international situation in China and the next few years, in the author's opinion, the situation may not be too optimistic, and see the analysis. Cotton (13900, 5.00, 0.04%) resource supply has a heavy "domestic cotton" light "foreign cotton" trend From the current situation of cotton supply in 2016, the state vigorously promote the reserve cotton, local cotton into the market, and foreign cotton such as the United States cotton, Indian cotton, Australian cotton imports have been limited. On the one hand, because these foreign cotton can provide limited quality of cotton varieties produced by domestic textile enterprises, Chinese enterprises mainly import C/A, EMOT, SJV and other varieties of high-quality, high-grade cotton. In addition, the United States led several major alliances to China's trade restrictions, the United States to the signatory countries to provide priority for American cotton imports, the signatory countries are Vietnam, Pakistan, Turkey, Indonesia, Mexico and other countries. (With their remaining American cotton, even Xiaobian do not feel worth it) Indian cotton as one of China's main import resources, but because of Pakistan's crazy demand for Indian cotton, making Indian cotton prices soar, the cost of Chinese textile enterprises is not cost-effective.


From the perspective of the cotton market in 2016, cotton resources are still relatively tight, and the cotton produced by the countries is mostly used for self-marketing, and the export will be weaker. Fortunately, from the point of view of spinning cotton, high-quality Xinjiang cotton + locally produced cotton + national storage cotton can meet the needs of cotton mills, coupled with the large increase in the planting area of long-staple cotton, domestic textile mills for Australian cotton, American cotton dependence further declined. If foreign trade barriers to China remain or expand, China is likely to grow and sell its own cotton. At present, there are already industry experts aware of the problem of cotton production, cotton research and development and production has been put on the agenda, for the domestic textile enterprises with cotton demand the government will give strong support to do a good job.

Cotton textile exports may be more severe in 2016/2017, China's textile and garment enterprises encountered Europe and the United States, Southeast Asia, Central Asia and other countries "encircling and intercept" and suppress the situation is more severe, customs statistics, in July China's cotton products exports increased only 2.16% year-on-year, an increase of 0.17%, Coupled with exchange rate fluctuations, interest rate hikes by the Federal Reserve, economic deflation and other uncertain factors, the export of high-count yarn, high-count high-density fabric and clothing is not optimistic. According to the international political situation, the relationship between China and the United States and other developed countries is not stable enough, and the United States tries to draw other countries to set up various obstacles to China's economic development. Twelve countries - the United States, Japan, Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam - formally signed the TPP agreement in the New Zealand city of Auckland earlier this year. These 12 countries together account for 40% of the global economy, more than the EU, seriously affecting the development of China's textile industry foreign trade. According to customs statistics, in September 2015, in July 2016, China imported 890,000 tons of foreign cotton, a decrease of 700,000 tons, a decrease of 44%; In January 2016, the cumulative import of foreign cotton in July 2016 was 525,000 tons, a year-on-year decrease of 527,000 tons, a reduction of 51%. China's import volume "diving", so that many foreign and large and medium-sized import enterprises surprised, Qingdao, Zhangjiagang and Guangzhou, many small trading companies, middlemen have switched to do imported yarn, chemical fiber or closed shop transfer, which hopes or is engaged in the textile industry of enterprises put forward a severe test, the instability of enterprises increased the risk of cooperation, It is not conducive to the healthy development of the textile industry. China's international relations with the world seriously affect the nerves of the domestic textile industry, if China can get a greater say in international trade, which will be of great benefit to the stability and development of the domestic textile industry, the Hangzhou G20 Summit can make progress on trade issues, the results are very concerning.

To sum up, the future development of China's textile industry is facing multiple difficulties, the situation is not too optimistic, but it is not necessary to be too pessimistic, I believe that the ability of the state, the government, will help the textile industry to develop and grow, so that the textile industry enterprises good management, enterprises should always pay attention to the national policy market market to make timely adjustments.