November 2010 Foreign Trade Index Analysis: Export Orders Continue To Grow &Nbsp; Foreign Trade Marketing Price Rises.

November 2010

First, in November 2010, the economic index of foreign trade rose obviously.

1. China

2. the "global conference" has grabbed the lead of the two leading events.

Recently, Claudio, a professional tooling buyer from Parana, Brazil, came to Keqiao with the Purchasing Union of the local federation of industry.

At the docking meeting with the Keqiao merchants, Claudio found his favorite fabric.

The first time to go to Keqiao fabric business said, did not think Keqiao has so many fabrics, and the price is very affordable, will often come to Keqiao later.

The Keqiao trip of Brazil purchasing group came from a very accidental opportunity.

Originally, we only went to the Canton Fair to purchase fabrics. However, because many buyers failed to find suitable fabrics, the Brazil buyers' trip to Canton Fair was not satisfactory.

All these were seen by the relevant persons in charge of Zhejiang Trade Promotion Association. They introduced the Keqiao Textile City of China to Brazil merchants.

To the delight of these foreign businessmen, they found that Keqiao was a larger and more specialized origin market and found the fabric they needed.

3., marketing continues to innovate, and export orders continue to grow.

Shaoxing textile enterprises continue to innovate in aspects such as export products, marketing and financing, brand and so on. They focus on innovation in the foreign trade management strategy and opening up new export markets. Many Shaoxing textile enterprises are exhibiting more and more famous exhibitions at home and abroad, and the distribution of export volume in various continents of the world is more reasonable, and the emerging export markets have expanded accordingly.

The "global industry docking conference" has been launched around the world, allowing foreign businessmen to rediscover China's textile city.

The index of foreign trade prosperity of tufted fabrics, knitted crochet, cotton and its blended fabrics increased significantly. The index of foreign trade prosperity of chemical filament fabrics increased slightly, and the overall foreign trade prosperity index increased significantly. However, the foreign trade prosperity index of chemical short fiber fabrics, embroidery fabrics, household textile fabrics, curtain windows, and soaked, coated and coated fabrics decreased unequal, which restricted the rise of the overall prosperity index of foreign trade.

Two. In November 2010, the price index of foreign trade declined in a certain range.

1. the price of finished fabric exports has declined due to falling prices of upstream raw materials.

The seven departments such as the national development and Reform Commission issued an urgent notice in November 8th, put forward 6 measures to maintain the order of the current cotton market, and the central bank raised the reserve requirement ratio of banks. In from November 12th to 30th, domestic cotton price futures continued to decline.

From the market fundamentals, cotton and polyester staple and polyester filament prices continued to decline after rising.

Influenced by China's macroeconomic regulation and control, the spread of market anxiety and the tension between Korea and South Korea caused by the European debt crisis, the US dollar index has risen, the commodity market pressure has increased, and the international cotton price has continued to fall.

Since November, as a market vane, a large textile enterprise in Shandong has lowered its purchase price of lint for 7 times in a row, with a total reduction of about 4000 yuan / ton, which has strengthened the market bearish sentiment, the market price has continued to fall, and the price of seed cotton purchase and sale has continued to decline.

The price of finished fabric exports has declined due to the continuing decline in the prices of raw materials such as raw cotton yarn and polyester staple fiber and polyester filament yarn.

2. foreign trade price index of cotton and its blended fabrics and synthetic filament fabrics dropped significantly.

The foreign trade price index of cotton and its blended fabrics, chemical fiber filament fabrics and dip, coated and coated fabrics decreased significantly, and the foreign trade price index of domestic textile fabrics and embroidery products fell slightly, pulling the general price index of foreign trade to a certain extent.

However, the foreign trade price index of knitted crochet, tufted fabric, curtain window curtain and chemical short fiber fabric increased unequal, which restricted the decline of the total price index of foreign trade.

It is expected that the foreign trade prosperity index will continue to show a slight upward trend in December.

Shaoxing's foreign trade exports completed its annual target two months ahead of schedule. The total import and export volume of Shaoxing County reached 8 billion 960 million US dollars, up 30.4% from the same period last year, of which 6 billion 520 million of self operated exports increased by 33.1% over the same period last year.

A breakthrough of US $6 billion 500 million has refreshed the highest record of Shaoxing's foreign trade exported to US $6 billion 400 million in 2008.

According to the analysis of the industry, although the scale of import and export of Shaoxing has exceeded the total volume of last year, Shaoxing's foreign trade development still faces the problems of unstable exchange rate, obvious slowing down of world economic recovery, insufficient impetus for external demand growth, and continuous warming of trade protectionism.

Insiders expect that the cost of labor and other costs will bring disaster to the export situation of Shaoxing textile and garment enterprises. The appreciation of the renminbi is still a threat to textile exports, which will lead to the loss of export orders, the decrease in foreign exchange settlement and the decline in profits, which will slow down the recovery of exports.