Textile Industry’s Boom Index in April

By CnAgri2013-06-08 15:13:12 Print According to the National Bureau of Statistics, the medium and large enterprises’ sales value of garments, knitted wear, shoes and hats totaled RMB79.9 billion in April and RMB366.2 billion in January ~ April, up 9.5% and 10.8% respectively on the year-on-year basis.
 
Taking into account of textile product and garment sale by other enterprises, the nation’s textile product and garment consumption index was 6.83% in April, lower than the month before.
 
The textile industry’s exports valued $22.28 billion in April, an increase of 18.52% on the year-on-year basis. Adjusting for US currency value change, the textile industry’s export value increased 22.5%.
 
The medium and large textile and garment companies’ sale at home and abroad added up to RMB218.98 billion in April and RMB906.82 billion respectively in January ~ April, up 17.4% and 22.1% respectively on the year-on-year basis.
 
The nation’s medium and large textile mills realized an added value increase of 10.1% in April and garment factories 9.7%. Adjusting for price, the textile industry’s added value increased 8.8% in April on the year-on-year basis.
 
Textile mills received RMB39 billion investment in April and the garment, shoes and hat industries RMB26.44 billion, up 8.07% and 22.82% respectively on the year-on-year basis. Adjusting for price, their increase rates were 10.7% and 25.4% respectively.
 
The cost of yarn production was RMB5,639/MT (cotton cost excluded) in April, suggesting a net profit of RMB292/MT and a profit rate of 1.13%.
 
Based on the above, the textile industry’s boom index was 9.89 in April.



From “China Cotton Bi-Weekly Market Report”