Affected by favorable factors such as domestic "Double 11" and overseas stocking before Christmas, China's textile and apparel market had good sales in November, coupled with good demand for autumn and winter orders, summer clothing and home textile orders, domestic combed yarn sales improved, including combed The tight 60 yarns continue to be tight, and the price in November has risen by about 2,000 yuan/ton. Industry insiders predict that as the Chinese New Year approaches and vaccines are widely used at home and abroad, the marginal demand for foreign textiles and apparel may continue to improve, and the performance of China's textile and apparel exports is expected to continue to improve.

　　Customs data shows that in November 2020, China’s textile and apparel exports were US$24.58 billion, a year-on-year increase of 13.5%. Among them, textile exports were US$12.03 billion, a year-on-year increase of 21.8%; clothing exports were US$12.55 billion, a year-on-year increase of 3.55%.

　　 From January to November 2020, China’s textile and apparel exports amounted to US$265.21 billion, a year-on-year increase of 9.9%. Among them, textile exports were US$141.65 billion, a year-on-year increase of 31%; clothing exports were US$123.56 billion, a year-on-year decrease of 10.22%.

　　 It can be seen from the textile and apparel exports in November that the foreign epidemic situation is still serious, and China's textile exports such as masks and protective clothing still maintain a high growth rate of more than 30%. "With the deepening of winter, frequent influenza, repeated epidemics, and the development of protective habits of foreign consumers, China's textile exports such as masks and protective clothing will continue to maintain rapid growth, and it is expected that the overall textile and clothing will continue to improve year-on-year." Zhuochuang Information Analysis Teacher Liu Jie said.

　　 The exports of traditional textiles, apparel and clothing accessories in November continued the slight growth trend since the second half of this year, but showed positive growth from the previous month. The main reasons were twofold: on the one hand, the orders in November were differentiated, but the overall performance was positive. Although the domestic "Double 11" and Christmas orders are coming to an end, the demand for "Double 12" orders, autumn and winter orders, summer clothing and home textile orders has increased, supporting the improvement of textile and apparel exports in November compared with October. According to Zhuochuang Information, the orders for combed and semi-combed yarns in the month are multi-row orders until the end of December, and some tightly combed 60-count series yarns are ordered to mid-to-late January. The profit per ton of yarn is about 1,000 yuan/ton. Textile enterprises maintain a high load of about 70% and accelerate the rush to order. Affected by the seasonal decline in demand and the impact of imported yarns and Xinjiang yarns, orders for open-end spinning and carded low-end yarns are not good, prices are difficult to rise, processing losses, and some companies have begun to restrict production.

　　 On the other hand, the prices of raw materials fluctuated upward. "With the consumption of low-priced cotton before the National Day holiday, textile companies have successively ordered Xinjiang cotton or purchased imported cotton. The cost of cotton has increased by about 3,000 yuan/ton compared to before the National Day holiday. Cotton spinning companies have a strong attitude to price. Supported by orders for home textiles and summer clothes Downstream enterprises have continued to replenish their inventory, and yarn prices have risen accordingly. In November and December, the price of some bleached yarn varieties rose by 500 yuan to 1,000 yuan/ton, and the price of combed 60 and above products rose by 2500 yuan/ton. Cotton spinning enterprises The loss range has been reduced. Among them, the profit of combed yarns per ton is about 1,000 yuan/ton, and the types of open-end spinning are still suffering losses." Liu Jie said that due to seasonal orders, it is expected that the differentiation of cotton yarn demand may continue until the Spring Festival. Pay close attention to changes in raw materials.

　　 In the short term, with the arrival of the Spring Festival, domestic and foreign downstream customers will continue to replenish warehouses and rush orders. Liu Jie believes that China's textile and apparel exports may continue to grow in December, and exports of masks and protective textiles are expected to continue to increase. Judging from the latest research by Zhuo Chuang Information, the current cotton yarn orders mostly lasted until the end of December, and some companies lasted until mid-to-late January. It is expected that textile and apparel inventory may remain low before the Spring Festival, and product prices will also fluctuate strongly.

In the long run, with the gradual control of the epidemic and the large-scale application of vaccines, the stimulus policies of countries around the world have increased, and the macroeconomic situation has continued to improve. In addition, the signing of RCEP may benefit China’s textile and apparel exports, and the global textile and apparel market may Shows a continued upward trend.