China'S Textile Production Grew Rapidly In July 2012, But The Domestic Market Price Dropped.

The national development and Reform Commission released data on 21, July.

Production grew faster, but the domestic market yarn price fell by 1.1%.

China's yarn output increased by 13.2% over the same period in July.

According to the statistics of National Bureau of statistics, the output of Chinese yarn was 2 million 729 thousand tons in July, an increase of 13.2% over the same period last year.

In 1-7 months, China's yarn production totaled 17 million 771 thousand tons, an increase of 12.9% over the same period last year.

As of July, China's yarn production reached 2011 tons in the year of 28 million 846 thousand cotton, an increase of 13.7% over the same period last year.

Domestic yarn prices fell in July

In July, 32 branches.

The average monthly price of combed yarn is 25385 yuan / ton, down 286 yuan / ton from last month, or 1.1%, and the average price of polyester staple fiber is 9883 yuan / ton, up 53 yuan / ton, or 0.5%.

July exports of textiles and clothing decreased by 8.1% over the same period last year.

According to the latest data released by the General Administration of Customs of China, in July 2012, China's textile and clothing exports were 23 billion 889 million US dollars, down 8.1% from the same period last year.

Textile yarn, fabrics and products were exported to US $8 billion 2 million, a decrease of 8.05% compared with the same period last year, and exports of garments and accessories were US $15 billion 887 million, a decrease of 8.13% over the same period last year.

Shen Danyang, spokesman of the Ministry of Commerce, said at a recent press conference that with the further development and worsening of the European debt crisis, the import demand of EU countries has dropped sharply. The trade volume between China and the EU has dropped sharply since the beginning of this year, which has become the first factor affecting China's export growth.

Shen Danyang said that in the second half of this year, the situation of China's foreign trade will be more severe, and the difficulties will become more prominent. The task will be even more arduous, and the pressure to work for the whole year will be greater.

Analysts believe that with the United States and Europe

The arrival of the peak season of consumption, textile and garment exports or welcome slightly rebounded in the third quarter.

But in the long run, clothing exports will face more challenges.