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

Textiles | On 19th Jan 2017

Union Budget: Textile sector expects excise duty revisions

Excise duty on man-made fibres should be reduced to bring it on par...

Union textiles minister Smriti Irani at the inauguration of IIGF in New Delhi with textiles secretary Rashmi Verma and other dignitaries. Courtesy: PIB

Apparel/Garments | On 19th Jan 2017

Ministry to reimburse apparel exporters for state levies

The textile ministry has received a sum of Rs 500 crore from the...

Apparel/Garments | On 19th Jan 2017

Asahi Kasei to display sustainable fibre at trade shows

Asahi Kasei, specialty Japanese fibre producer, will be displaying...

Interviews View All

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Manfred Mentges
Sedo Treepoint GmbH

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

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Jay Ramrakhiani
Occasions Elegance Wear

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

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
January 2017

January 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