Textile And Apparel Rose Significantly One Week.

　 Weekly market review

This week, the market volatility adjustment, Shanghai Composite Index, Shenzhen index, the Shanghai and Shenzhen 300 decline was -1.31%, -1.98%, -1.76%.

　　 Everbright textile and garment sector The upward trend of the week, a week's increase of 1.12%, won the market, which is consistent with our judgement that we upgraded the industry rating last week to "buy".

In the thin molecular plate, the textile sector rose by 1.39% a week, and the clothing sector rose by 0.90% a week. Mei Xinda was improved by a quarterly report, and the impact of turning around the deficit was more than 15% a week. In addition, brand clothing and home textile companies have shown good performance this week. Pathfinder and others are all in the forefront of this week's gains.

To maintain "buy" rating for the textile and apparel industry as a whole, the clothing category recommends the "nore". Seven wolves The wedding bird, the American bond dress, the home textile category recommended the Luo Lai home textile, fuanna.

　 Industry news developments:

(1) the Ministry of Commerce denied that the export rebate rate of textile products was down by 5 points in April 1st; (2) cotton prices fell and fell again, and cotton enterprises abandoned their orders to enter the industrial off-season in advance; (3) the recovery of European and American economies was weak, and domestic and foreign troubles affected export prospects; (4) the export of the Canton Fair was $23 billion 30 million, and international demand recovery was still cautious.

　 　 Listed company Trends:

(1) Lu Tai A: announces a quarterly (2) Pathfinder: announces a quarterly report; (3) seven wolves: announces a quarterly report; (4) Fu Anne: Announces annual report; (5) Roley's home textiles: recognized as a high-tech enterprise in 2010, tax and fee waiver in 2010; (6) YOUNGOR: annual report; (7) Weixing share: annual report; (8): annual report; (9) joint stock issue: annual report; (10) red bean shares: Annual Report

　 Industry data summary:

Raw materials: grade 328 cotton spot: 28721 yuan / ton (-2.01%); American cotton Cotlook A:206.35 cents / pound (-6.78%); viscose staple fiber: 23500 yuan / ton (-2.08%); polyester staple fiber: 13720 yuan / ton (-0.94%).

According to the data released by the Ministry of industry and commerce, the added value of China's textile industry increased by 10.4% over the first quarter of this year, down 1.2 percentage points from the fourth quarter of last year. Among the main products, yarn production was 6 million 180 thousand tons, an increase of 12.5%; cloth production 13 billion 300 million meters, an increase of 19.9%; clothing 5 billion 360 million pieces, an increase of 14.6%. In the first quarter, exports of clothing, textiles, footwear, furniture, bags and toys totaled 71 billion 990 million US dollars, an increase of 23.8%.