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News Classification： Industry Information
Investigation on Brazil's Change of Tax Method for Imported Textiles
Brazilian Finance Minister Mantega said on December 28 that in order to protect the domestic textile industry from unfair competition from outside, the Brazilian government is currently formulating a new tariff measure, that is, the pricing method of import duties on imported textiles will be changed from the current "ad valor tariff" (calculated based on the value of the product) to "specific tariff" (calculated based on the weight of the product). The Brazilian government also plans to apply to the WTO to convert this measure into a temporary special safeguard. Mantega said that the Brazilian government is also preparing to apply this measure to other areas, but he did not disclose which areas. The Ministry of Development, Industry and Foreign Trade of Brazil stated that the measure also requires the Foreign Trade Commission's
2013-09-17 12:30
News Classification： Industry Information
Five trends in China's garment industry
Different from the two rounds of great development of the clothing industry in the 1990 s and the past decade, the new trend of China's clothing industry in recent years mainly presents the following characteristics: 1. Capital promotes the integration of the industry. In the view of Jiang Hengjie, executive vice president of the China Garment Association, what will be started in the industry in the future may not be a brand war, not a price war, not a channel war, but a capital war. According to his analysis, the future garment industry will change the pattern in "fission" and "fusion. "Split" refers to the further subdivision of the market and the industry; "poly" refers to the further aggregation of capital and resources to advantageous enterprises. Along with market segmentation comes the further agglomeration of brands
2013-09-17 12:30
News Classification： Industry Information
Textile Industry: Capacity Expansion Accelerates Transition to Value Growth
The soaring and plummeting cotton prices have made the textile industry miserable, and the industry is even more difficult than in 2008. In 2011, the pace of the textile industry slowed down. First look at the industry situation. Data show that in the first 10 months of this year, the growth rate of fixed asset investment in the textile industry decreased compared with the same period last year; excluding price factors, the actual growth rate of textile and clothing exports was only 1.14 percent; the growth rate of social clothing retail sales and retail volume decreased by 1.31 percentage points and 8.16 percentage points respectively compared with the same period last year. Look at the current state of business. Although the industrial added value of textile enterprises above designated size has maintained a double-digit growth rate this year, since the second half of the year, textile enterprises
2013-09-17 12:30
News Classification： Industry Information
Upstream and downstream Qi Li empty PTA continue to look low
Zhengzhou PTA futures fell deeper on the 19th, with the main 1201 contract closing at 8460 yuan/ton, down 140 yuan. Yesterday the domestic PTA to high open low go to the end, the overall weak pattern appears no doubt. Moody's downgraded Spain's sovereign rating from Aa2 to A1, coupled with the slowdown in China's GDP data, the macroeconomic situation remains worrying. Raw material PX fell sharply, PTA cost center of gravity moved down. Domestic and foreign demand decline, the terminal textile industry dismal operation. Macro and supply and demand side of the negative superposition forced PTA into a new round of decline, overnight crude oil fell, PTA short-term target position temporarily looked to 8000. New York Merchandiser
2013-09-17 12:30
News Classification： Industry Information
Why does the textile market not pick up?
Affected by the debt crisis in Europe and the United States, exports are not strong, and the transformation is difficult due to cost pressure. The downstream demand in the textile market is not hot and the slow destocking determines that even if there is a technical correction in individual varieties in the market, the overall situation is still not optimistic. In the third week of November, the textile market did not change much, and there was no trend of sharp rise and fall. The two main industrial chains, the cotton textile industry chain and the chemical fiber industry chain, run counter to the price trend: the cotton market fell slightly, and the chemical fiber market rose slightly, but the magnitude was not large, but the market's response was adjusted. The rise and fall of the industrial chain is basically the role of mutual transmission between products, and the root cause seems to be a withdrawal: all by downstream use.
2013-09-17 12:30
News Classification： Industry Information
Business News Agency, May 16th. This year, the "power shortage" in many places in China has advanced, and the next step will be to implement "power rationing" measures for high-power industries. Midsummer has not yet arrived, but the electricity shortage has not come yet. In the past two months, Zhejiang, Jiangsu, Anhui and other provinces have encountered off-season power shortages, and some areas have even begun to cut off power. According to Xinhua News Agency, Baosteel has been confirmed that during the peak period of electricity consumption from June to September, the power department will implement certain power restrictions on its Shanghai production base. With the advent of the off-season electricity shortage, the next high-power industry will be "limited". At present, Zhejiang, Jiangsu, Jiangxi, Hunan, Chongqing and other places have come out one after another.
2013-09-17 12:30
News Classification： Industry Information
The people's Bank of China decided today to reduce the RMB deposit reserve ratio of deposit financial institutions by 0.5 percentage points from December 5, 2011. Since the beginning of 2010, the People's Bank of China has raised the deposit reserve ratio 12 times in a row and raised interest rates five times. The overall reduction of the deposit reserve ratio of financial institutions is the first reduction in three years, which means that China's tightening monetary policy has officially shifted. After the cut, the deposit reserve ratio of China's large financial institutions will fall from an all-time high of 21.5 per cent to 21 per cent, while that of small and medium-sized financial institutions will fall to 17.5 per cent. According to the people of 79.21 trillion yuan in China at the end of October
2013-09-17 12:30
News Classification： Industry Information
The import and export situation in the first quarter of next year will be quite severe
On October 20, 2011, the spokesperson of the Ministry of Commerce of the Ministry of Commerce Shen Danyang pointed out that the current operation of my country's foreign trade is generally good, but the internal and external environment is changing, and the uncertainty and instability factors affecting the development of China's foreign trade are increasing. The situation will be quite severe. The Ministry of Commerce held a regular press conference in Beijing on October 19. The spokesperson of the Ministry of Commerce Shen Danyang pointed out that the uncertainty and instability factors affecting China's foreign trade development have increased. In the fourth quarter and next year, at least the first quarter of next year, the import and export situation will be quite severe. Shen Danyang pointed out that the current operation of China's foreign trade is generally good, but the internal and external environment is changing.
2013-09-17 12:30
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