Related conditions of the textile industry market

China's retail sales of printed fabrics textiles and garments in Jul 2021

China's retail sales value of consumer goods totaled 3.4925 trillion Yuan in Jul 2021, up 8.5% year on year. Of the total, retail sales of garments, footwear, hats and knitwear scored at 94.46 billion Yuan in Jul, up 7.5% year on year.

During Jan to Jul, the retail sales of consumer goods amounted to 24.6829 trillion Yuan, up 20.7% year on year. Of the total, retail sales of garments, footwear, hats and knitwear scored at 767.3 billion Yuan in Jan-Jul, up 29.8% year on year.

In Jul, the retail sales of garments of enterprises above designated size was 66.2 billion Yuan, up 9% year on year; that in Jan to Jul amounted to 553 billion Yuan, up 33.2% year on year.

Cotton crop condition in United States (by Aug 22, 2021)

By the week ending Aug 22, about 97% U.S. cotton crops have been squaring, up 4% from last week, down 3% from a year ago, and down 3% from five-year average, according to USDA. About 79% of the crops is setting bolls, up 4% from previous week, down 8% from a year ago, and down 10% from five-year average. 14% of the crops is bolls opening.

Crop condition is 1 percent very poor, 5 percent poor, 23 percent fair, 53 percent good and 18 percent excellent.

India' s grey textile exports to the US surges 66.69% from January-May

From January to May this year, India' s textile exports to the US increased by 66.69 per cent to $2.28 billion, reports OTEXA, a trade body of the US Department of Commerce. As per Textile Focus, US’textile imports, during the same period, increased by 39 per cent to $12.47 billion. India’s share in these imports remained at 18.32 per cent. On the other hand, China' s share increased to 34.65 per cent to value $4.32 billion.

The share of India' s textile exports increased over 3 per cent. Made-ups accounted for a larger portion of total shipment from India to the US, valued at $1.92 billion and increasing by 64.54 percent year on year. Yarn exports increased by 88.37 per cent to $55.16 million, while fabric exports totaled $302.92 million.