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Related conditions of the textile industry market

Views:0     Author:Site Editor     Publish Time: 2021-09-10      Origin:Site

China's retail sales of 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 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.

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