The General Merchandise Trade In Canton Fair Is Not Ideal, And The Cotton Market Should Pay Attention To Risk Control.

　 The 108th session Closing of the Canton Fair , General merchandise transaction It has not yet returned to pre crisis levels; textile and apparel exports, though higher than last autumn's Canton Fair, were lower than the spring Canton Fair this year, which has brought greater pressure to the current high price of cotton and cotton yarn.

The specific situation is: textile and apparel total turnover of 4 billion 560 million US dollars, down 2.6% from the 107 session, an increase of 7.9% over the 106 session. Among them, clothing and accessories were traded at 1 billion US dollars, down 8.5% from the 107 session, down 6.4% from the 106 session, 300 million US dollars in textile yarn fabrics and raw materials, 13.5% lower than the 107 th, 5.1% increase over the 106 session, and 890 million dollars in home textiles and garment accessories, an increase of more than the growth of the second quarter.

Textile and garment exports have always accounted for 70-80% of the scale enterprises' output value, and the export orders of Canton Fair are down, mainly due to the pressure of the rising cost of raw materials at present. The decline in export orders will lead to a decline in demand for cotton and cotton yarn in the later period. High cotton price Of risk Needs attention.