Cotton Advisory Committee Of India Revised Cotton Output Forecast

2009-10 years (October -9 months)

On Friday, the India Cotton Advisory Committee held a meeting in Mumbai to modify the cotton export forecast for this year to 8 million 300 thousand bales.

domestic

The cotton planting area is 10 million 329 thousand hectares this year.

At the meeting held in April this year, the Committee estimated that the output was 29 million 200 thousand bales and the export volume was 8 million packs.

J. Thulasidharan, chairman of the southern India Textile Mills Association, said this year

The source of high quality cotton has become a problem and may deteriorate further in the next three months.

Small and medium-sized textile factories will be affected.

Supplement:

According to the data of the National Bureau of statistics, in the first half of the year, China's knitting industry's investment in fixed assets, production and marketing, exports and other steadily increased, consolidating the good economic situation; however, the RMB exchange rate, labor costs and raw material prices will have a negative impact on the industry in the coming period.

For the knitting industry, revenue growth is expected to continue in the second half of the year, but profit margins will experience some decline.

Industrial output and total sales growth accelerated

In 2010 1~5, China's knitting industry achieved a gross industrial product (current price) of 156 billion 245 million yuan, an increase of 22.21% over the same period last year, a 14.56 percentage point increase from last year, and a total sales volume of 152 billion 356 million yuan, up 21.26% over the same period last year, an increase of 14.12 percentage points over the same period last year, and a new growth rate since 2008.

Production and marketing rate is 97.51%, production and marketing link smoothly.

In 2010 1~5 months, all kinds of clothing production showed a trend of faster growth and faster growth; knitted apparel production growth from the second quarter exceeded woven apparel, as of May, the growth rate is 2.36 percentage points higher than the weaving industry.

In 2005 ~2009, influenced by many factors in the international and domestic markets, the output of various kinds of clothing fluctuated greatly.

In 2010 1~5, the cumulative output of knitted garments in China was 6 billion 28 million, an increase of 23.99 percentage points over the same period last year.

The proportion of knitted garments produced in the top ten provinces accounted for 94.19% of the total volume of the country. Besides Shanghai, Jiangxi and Henan, other provinces and cities all showed two digit growth rate, of which Guangdong accounted for the top of the total output of more than 1/4.

The eastern region is the main producer of knitted garments in China. In 2010, the cumulative output in 1~5 months reached 5 billion 390 million yuan, accounting for 89.20% of the total output of the country. The growth rate of knitted apparel in the western region was faster than that in the eastern and central and western regions, an increase of 181.07 percentage points over the same period last year (the increase in the eastern and central regions was 27.11% and 2.47% respectively), of which Guizhou's output grew the most significantly, reaching 463.03%.