The Performance Of Textile Machinery Appears To Be Moderate.

The two cities opened in the early morning, which was suppressed by PMI in September, and the two cities turned green. On the disk, the weight plate began to split, and the coal shares which were well stimulated were collectively higher, which once drove the index upward and the concept of land transfer collapsed.

In the afternoon, the two cities were sideways and the subjects were active. Gem A new high of rebounding, a record high. The Shanghai Stock Index pulled up 2365.49 points to refresh its 18 month high level, with a monthly line of 5 plus Yang, which drew a red full stop for September quotations, and the Shanghai stock index rose nearly 150 points in September.

At the close, Stock index It reported 2363.87 points, an increase of 0.26%, and a turnover of 166 billion 900 million yuan; the Shenzhen composite index reported 8080.35 points, a decrease of 0.03%, and a turnover of 183 billion 500 million yuan; the gem index pointed to 1540.87 points, or 0.96%, and the turnover volume was 37 billion 200 million yuan.

In terms of industry, Textile machinery The overall performance of the sector was 0.29%, and the stocks were flat. Only two of the standard shares and Jingwei spinning machines performed slightly better, closing up 4.116% and 3.107% respectively.

Related links:

Li Zhiliang, Vice Minister of the Ministry of international trade and industry of Malaysia, pointed out that the export volume of textiles in Malaysia in the first half of this year (2014) was 5 billion 800 million MA (about 1 billion 782 million US dollars), which grew by 20.8% over the same period (2013). The main export products were textile yarns, garments and fabrics. The main export markets were the United States, Japan, mainland China, Singapore and the mainland. The import volume was 4 billion 200 million Ma, which grew 13.5% over the same period last year. The main imports were textiles and garments, and the main source of imports was China, Indonesia, Vietnam, Taiwan and Thailand.

Malaysia's textile exports amounted to 10 billion 200 million Malaysian dollars last year and its imports amounted to 7 billion 700 million ma. Ma's textile production index reached 108.8 points in the first half of this year, up 12.7% from the same period last year, indicating that the textile and garment industry has been restored to normal and expanded trend by the economic recovery.

Vice Minister Li continued that the Malaysia textile and garment industry had no longer enjoyed the EU general preferential system since January 1st of this year. However, the Malaysia Turkey free trade agreement can still be used to export products to the European Union for tax preferences.

On the other hand, Zheng Wentian, President of the General Chamber of Commerce of the Malaysia clothing department store, pointed out that the recent weakness of the Malaysian currency has directly impacted on the import and export business of the textile and garment industry in the country. In addition, the 6% consumption tax will be implemented in Ming (2015) April 1st, resulting in a weakening of the purchasing power of consumers, a decrease in the sales volume of the operators, and some manufacturers facing the cash flow dilemma. The canal appeals to the Malaysia government to sympathize with the public, such as arranging the financing of small and medium sized enterprises to help the industry bail out.

President Zheng called on the Malaysia government to cancel the import tariff of cloth garments, so as to reduce the cost of doing business and sell cheap goods, so as to attract tourists to purchase, in addition to earning foreign exchange, it also promotes the development of tourism.