Home / Knowledge / News / Textiles / Weak demand affects Chinese textile sector
Weak demand affects Chinese textile sector
22
Sep '12
Weak demand both in domestic and overseas markets is continuing to affect China’s textile industry according to a survey made by the Textile Industry Federation.
 
The study said 65.7 percent of the surveyed textile enterprises said the major problem affecting them at the moment was the economic situation in China and foreign countries, while 22 percent of the enterprises said lack of demand at home was the main problem affecting their operations.
 
According to the report, global demand of cotton textiles has declined – the US imports of cotton textiles fell by 6.31 percent, the EU imports dropped by 23.89 percent, and Japan’s imports dipped by 24.27 percent.
 
On the other hand, the demand fro chemical fibres grew globally with a 10.24 percent increase in its US imports, 0.4 percent rise in EU imports, and 1.97 percent jump in Japanese imports.
 
The price difference between domestic cotton and imported cotton also has a great impact on Chinese textile enterprises, according to the study.
 
Analysts expect international cotton price to decrease further, which would further increase the gap between prices of domestic and imported cotton in China, further exacerbating the problems faced by Chinese textile enterprises. 
 

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: Li & Fung

Textiles | On 29th Mar 2017

Li & Fung introduces new 3-year plan 2017-2019

Li & Fung Limited has outlined its next Three-Year Plan (2017-2019)...

Courtesy: Carrington

Apparel/Garments | On 29th Mar 2017

Carrington Workwear signs JV with TMG Textiles

Carrington Workwear, one of the largest producers of workwear fabrics ...

Apparel/Garments | On 29th Mar 2017

Jabong launches Aeropostale on its platform

Jabong has added leading American high-street fashionwear brand,...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search