Large survey on the cotton textile market-increased pressure on purchases and sales

(Summary description)Entering the new stage of the "14th Five-Year Plan", the development of the textile industry is faced with many complex internal and external factors

Large survey on the cotton textile market-increased pressure on purchases and sales

(Summary description)Entering the new stage of the "14th Five-Year Plan", the development of the textile industry is faced with many complex internal and external factors

Information

Entering the new stage of the "14th Five-Year Plan", the development of the textile industry is faced with many complex internal and external factors. In the context of "dual cycle" and "high-quality development, higher requirements are set for the transformation and upgrading of the industry. Cotton textile as the Chinese textile industry In the industries with comprehensive competitive advantages in the chain, the transformation and development of the industry have achieved remarkable results in recent years. During this period, it is inseparable from the continuous guidance, monitoring and professional services of the China Cotton Textile Industry Association.

The China Cotton Textile Industry Association has gathered large-scale backbone production enterprises, institutions and social organizations such as cotton textiles, yarn-dyed fabrics, and denims across the country. The industrial output value of yarn, cloth, and yarn-dyed fabrics (including denim) produced by member enterprises accounted for the national cotton textile industry. The total industrial output value is about 70%.

In order to track the operation status of cotton textile enterprises in a timely manner, the professional department of China Cotton Textile Industry Association communicates, summarizes, and analyzes the operation status of enterprises and clusters to form industry professional reports every month. Among them, the "Monthly Analysis Report" involves data from more than 260 cotton textile enterprises and about 15 industrial clusters across the country. The total spinning capacity accounts for about 60% of the national cotton textile industry, which is representative of the industry. The main core data of the "Industry Climate Report" is the industry prosperity index. This index collects nearly 500 sub-cotton textile companies across the country with reference to the national manufacturing PMI and other index formulation methods, and is calculated by weighting multiple main indicators. When the index is higher than 50 , Which means that the prosperity of the cotton textile industry this month is better than that of the previous month. If it is lower than 50, it means that the prosperity this month is not as good as last month. The "market survey" is an analysis of the current market operation (once every half a month) formed by a comprehensive survey of major cotton textile-related markets across the country.

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