Changes In Consumer Behavior In Europe And America Affect China'S Textile Export Industry Chain

In 1-9, the US imported 11.18% cotton products from the world.

The European debt crisis has changed the consumption behavior of European and American markets, including the reduction of clothing consumption expenditure.

It has seriously affected the export of China's textile and garment industry.

From April this year, especially in the third quarter, China's textile and garment orders were not optimistic, and exports continued to decline as expected in October.

From Europe and America

The recession of textile and garment exports this year has led to the price of cotton in China.

In order to ensure the stability of cotton production and price, China started the cotton temporary from September 8th.

As of November 22nd, the national temporary cotton storage capacity has exceeded 600 thousand tons so far, effectively reducing the pressure of supply.

However, China store cotton said that the sales of yarn and cloth were still sluggish in the near future, and the textile enterprises in the upper and lower reaches were discontinued, the phenomenon of limited production increased, the inventory of finished products remained high, and the price of cotton yarn would continue to fall.

From an international perspective, the global cotton production supply is adequate. The US Department of agriculture's October report shows that the stock of cotton in the 2011 is expected to increase by 22.02% compared with 2010.

Affected by the debt crisis in Europe and the United States and other countries, the world economic growth has slowed down, and cotton consumption has not been enough.