Recent Developments In Spinning And Weaving Industry: Outstanding Performance In Home Textiles

In October, the textile and garment industry slightly outperformed the market: since October, Shanghai and Shenzhen 300 have been greatly shocked, up to 1.38% at the end of October, and 2.22% of the total textile and garment sector of Shin Wan has won the market.

Clothing, home textiles and textile manufacturing rose by 2.8% and -0.51% respectively compared with the end of September.

In the near future, the valuation of textile and garment sector is rising slowly. In relative terms, plate valuation is still in the middle position after all the first level sub sectors.

The textile and garment industry fluctuated in October.

Among them, casual wear and other clothing increased considerably, rising 8.33% and 11.93% respectively in the past month, leading to the whole industry sector.

Cotton prices continued to decline in October, and the textile and garment industry was weak in retail sales and slightly increased in exports. As of November 17, 2014, domestic cotton quotations were 14773 yuan / ton, down 18 yuan / ton compared with the beginning of November, and the international cotton price CotlookA quoted 66.60 cents / pound, down 3.4 cents / pound from the beginning of the month.

October, above quota

The total retail sales reached 113 billion 600 million yuan, an increase of 11% over the same period last year.

In 1-10 months, the total retail sales of clothing, shoes and hats and needles and textiles were 983 billion 500 million yuan, up 10.60% over the same period last year.

In October, China's textile and clothing exports increased by US $26 billion 500 million, an increase of 10% over the same period, of which 9 billion 700 million US dollars in textile exports, an increase of 14 over the previous year, and 16 billion 800 million US dollars in clothing exports, an increase of 8% over the same period last year.

1-10 months, China

Clothing exports totaled 248 billion 400 million US dollars, an increase of 6% over the previous year, of which the total export of textiles was US $92 billion 800 million, an increase of 5.8% over the same period last year, and the total export of clothing was US $155 billion 600 million, up 6.7% over the same period last year.

Industry dynamics: in October 29th, Premier Li Keqiang chaired a State Council executive meeting; trade facilitation promoted the growth of textile and clothing exports; domestic clothing brands wanted to pform fast fashion; China Import and export bank helped Shanghai textile create a global industrial chain; constantly looking for new growth points, promoted double 11 trading volume for 6 years; and the impact of the electricity supplier on clothing brand clothing was "double 11".

November

The industry as a whole has not yet recovered, and domestic demand and exports are showing signs of weakness.

According to the State Council executive meeting held by Premier Li Keqiang in October 29th, consumption in the 6 fields will be pushed forward.

Among them, the early layout of O2O pformation will benefit from the promotion of the Internet of things policy. Stabilizing housing consumption will stimulate the performance of the home textile industry, and upgrading tourism and leisure consumption will benefit the outdoor apparel industry.

It can focus on the related stocks such as the home textiles and Pathfinder, and the performance of LELAI home textile as the industry leader is good. The Pathfinder is also actively pforming into leisure sports. With the continuous introduction of the state's support policy to the sports industry, it will also bring some benefits to the company.