China'S Cotton Textile Prosperity Index Was 46.51 In April.

 

According to the statistics of National Bureau of statistics, the total retail sales of consumer goods in April totaled 28178 billion yuan, down 7.5% from the same period last year (after deducting the actual price drop by 9.1%), the decline narrowed by 8.3 percentage points from last month. In 1-4, retail sales of consumer goods totaled 106758 billion yuan, down 16.2% from the nominal level. During the epidemic prevention and control period, the online retail sales of physical commodities increased significantly. The 1-4 month real retail sales of physical goods increased by 8.6% over the same period last year, and the growth rate was 2.7 percentage points faster than that in 1-3 months. In order to hedge the negative impact of the epidemic, we should launch more stimulus consumption policies, boost consumer confidence, release consumer demand and achieve social consumption growth.

 

With the accelerated recovery of the domestic consumer market, the positive impact of speed increase in sales of clothing and home textiles and other end products can be smoothly transmitted to the upper and middle reaches, and our cotton textile industry is expected to usher in a revival.

 

In terms of foreign trade, according to the latest statistics of the General Administration of Customs of China, the export volume of textiles and garments in China in April 2020 was 21 billion 361 million US dollars, an increase of 38.43%, an increase of 9.77% over the same period last year. Exports of textiles (including textiles, yarns, fabrics and respirators) were 14 billion 620 million 700 thousand US dollars, an increase of 49.36% over the same period last year, and exports of clothing (including clothing and accessories) were US $6 billion 739 million 900 thousand, down 30.31% from the same period last year. The obvious growth of textile exports came mainly from two points: first, the outbreak of the global epidemic since March, and the demand for anti epidemic materials such as overseas masks and protective clothing increased significantly. Two, the textile export was affected by Sino US trade friction in the same period last year, and the base was low. Overall, demand for clothing and other products has not improved significantly except for protective products. In May, a number of countries gradually relaxed their control measures. The "city closure order" and "home ownership order" were gradually lifted, and consumer demand for clothing, shoes and caps is expected to usher in a recovery period.