China'S Textile And Apparel Products Rose Sharply In February.

The output data of textile and garment industry in February 2010 have been released.

The data show that in 2010 1-2, the output of textile and clothing products increased considerably in the same period last year, of which cloth production increased by 50%, especially the growth of cotton textile fabrics, which reached 129.68% year-on-year.

We believe that the rapid growth of such data is mainly caused by two factors:

First, the base of 1-2 months in 2009 is relatively low.

As we all know, the 1-2 month of 2009 is the most serious two months since the outbreak of the international financial crisis, which also overlapped the influence of the Spring Festival holiday. The output of 1-2 months in 09 years is actually at the bottom of the valley.

Therefore, because the base of this year's 1-2 months' year-on-year is precisely the two months with low output, this has caused an unusual growth year on year.

In fact, if we look at the ring ratio, the total output in February will be 12.53% lower than that in January.

If the factors of the Spring Festival holiday in February are eliminated, it can be said that the situation is stable and steady.

Second, the strong demand for cloth has stimulated the growth of output.

It should be said that the output data in February did show a bright spot.

That is, the output of cloth increased by 50.98% compared to the same period last year, and the growth rate of the company increased by 20.07%.

In sharp contrast, clothing production is down by 10.8%.

Why does this happen?

We believe that due to the impact of the international financial crisis in 08-09, the contradiction between international trade imbalance has become increasingly apparent. Some European and American countries have begun to attach importance to the development of manufacturing industry in order to adjust their industrial structure.

We noticed that the speed of the import of our fabrics has been accelerating since the beginning of 3-4 last year. This is a manifestation of the recovery of the domestic garment manufacturing industry, which may be a trend.

Will the revival of the domestic garment manufacturing industry in the United States compete against China's clothing exports?

Considering the difference between China and the United States in positioning the clothing industry, it is hard to make a final conclusion.

Therefore, we believe that the output data of the spinning and weaving industry in 1-2 months have made a great contribution to the textile industry, but there is a bit of worry about the garment industry.