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Weekly Quotes | The export of down bedding has broken through the downturn, and the home textile industry is approaching the peak sales season

2022-08-29     来源:金绒     浏览量:1573


summary


In the first half of the year, the home textile industry generally experienced periodic shutdowns, while the export of down bedding has been sluggish. Until July, the export of duvets to Europe suddenly increased significantly, and in August it was approaching the peak sales season, so the long-suppressed down demand in the home textile industry was finally released.

Recently, the price of ducklings for white-feathered meat ducks has risen unabated after "breaking 6 to 7", and has reached the highest quotation since the end of 2019. Continued high temperature and extreme weather have led to a sharp drop in the fertilization rate and egg production rate of breeding ducks, which objectively led to a serious reduction in upstream production capacity and a tight supply of raw feathers.

Boosted by expectations that the Federal Reserve will continue to raise interest rates sharply in September, the dollar has appreciated rapidly. At present, the RMB exchange rate has hit a new low since 2022, approaching the 6.9 mark. However, a moderate depreciation of the RMB is conducive to enhancing the competitiveness and price advantage of export trade, and at the same time, the import cost of enterprises will increase.


1

Monday: Prices of all categories have risen

Exchange rate of USD to RMB: 6.8198


2

Tuesday: Prices of all categories are flat

Exchange rate of USD to RMB: 6.8523


3

Wednesday: Prices of all categories are flat

Exchange rate of USD to RMB: 6.8388


4

Thursday: Prices of all categories are flat

Exchange rate of USD to RMB: 6.8536


5

Friday: Prices of all categories are flat

Exchange rate of USD to RMB: 6.8486




good news


1

Down garment import and export statistics (July) - peak season continues, but cotton down garments are greatly affected

In July 2022, a total of 10.154 million pieces of down garments were exported, an increase of 18.6% from the previous month; the export value was 2.16 billion yuan, an increase of 28.2% from the previous month.

July 2022 export list of down jackets

name Quantity
(Ten thousand)
RMB
(hundred million)
Quantity YoY Amount YoY
cotton
men's  jacket
161.2 2.21 -55.9% -50.1%
chemical fiber
men's  jacket
322.8 6.99 20.4% 36.3%
cotton
women's jacket
59.7 1.09 -23.3% -9.5%
chemical fiberwomen's jacket 471.7
11.29 21.5% 40.1%


Export of men's down jackets in the past 14 months


Export of women's down jackets in the past 14 months

It can be seen from the data that the export of down jackets has gone out of the off-season, but the export volume in July fell by 7.7% compared with the same period last year.

Among them, the export of cotton down jackets is obviously affected by the ban on overseas circulation of Chinese cotton. In last year's peak export season, the export category of men's down jackets was mostly cotton, but this year's situation is gradually reversed; although women's down jackets have always been mainly made of chemical fibers, the proportion of cotton products fell again in July this year.

In terms of imports, in July 2022, a total of 429,000 down garments were imported, an increase of 63.4% from the previous month; the import value was 448 million yuan, an increase of 37.2% from the previous month.



2

Export statistics of "down bedding and quilt" in July - or have entered the peak season

Other down bedding:

According to China Customs data, in July 2022, 3,905.1 tons of "down bedding" were exported, a month-on-month increase of 19.4%; the export value was 179 million yuan, a month-on-month decrease of 7.5%.

From January to July, a total of 27,200 tons of "down bedding" was exported, with an export value of 1.344 billion yuan.

In July 2022, the United States is still my country's largest trading partner of "down bedding" exports, accounting for 52% of total exports. Among them, the export volume was 2018.4 tons, a month-on-month increase of 37.6%; the export value was 69 million yuan, a month-on-month increase of 14.1%.

Germany was the second-largest trading partner for the month, accounting for 6% of total exports; followed by the UK and Australia both at 6%.


Duvet:

In July 2022, 1,076.5 tons of "down duvets" were exported, an increase of 34.6% from June; the export value was 108 million yuan, an increase of 32.7% from June.

From January to July, a total of 5076.0 tons of "duvets" were exported, with an export value of 516 million yuan.

From April 2022, the United States has greatly expanded the import of "down quilts", thus surpassing Japan and Australia, and becoming the largest trading partner of my country's "down quilt" exports. In July, the United States accounted for 22% of total exports.

Previously affected by the "Xinjiang Cotton Ban", the ratio shrank sharply in June, and then shrank again in July. However, the volume exported to the United States this month was 236.9 tons, a month-on-month increase of 24.2%; the export value was 26 million yuan, a month-on-month increase of 12.8%.

Germany was the second-largest trading partner for the month, accounting for 15% of total exports, followed by the UK at 12%.


Down bedding (Duvet and other bedding):

From January to July 2022, the export of "down bedding and quilts" totaled 32,300 tons, a year-on-year decrease of 26.0%; the export value was 1.86 billion yuan, a year-on-year decrease of 2.5%.

Since February this year, my country's export of down bedding and quilts has been hovering at a low point, but in previous years from August to November is its peak period, so the growth in July may be a sign of entering the peak season.



3

Cold air activities intensified early, and many places in the north welcomed the cool autumn

On the 23rd, the local meteorological department in Mohe City monitored that the lowest temperature dropped to 2.3 degrees Celsius, ushering in the lowest temperature in autumn. Faced with the sudden coolness of autumn, residents who went out in the early morning and visited the morning market put on thick autumn clothes, and many stall owners even put on winter clothes.

Liang Hongyu, a resident of Mohe, said: "The temperature has cooled in the past two days. It is only 5 or 6 degrees Celsius in the morning. We have to wear down jackets when we go out to the morning market. It is quite cold." Southern tourists choose to come to Mohe to enjoy the coolness.

Although it is still late August, the cold air activity in my country has begun to intensify, and from now until the end of the month, there will be continuous infiltration of cold air at high latitudes. The supercomputer predicted that on August 31, a cold air force will be very strong, and it is expected to blow into the Yangtze River Basin in an all-round way.

At present, the northern region is a typical "one autumn rain and one cool". Under the "suppression" of frequent rains, the temperature will mostly be lower than the same period of the year.

At present, most of Northeast China and northern North China have entered autumn in the meteorological sense. In the next week, the eastern part of Northwest China, southern Northeast China, Shanxi and Beijing-Tianjin-Hebei and other places will also start the process of entering autumn, and the highest temperature will generally drop to 30 ℃. Below, the minimum temperature is only about 20 ℃.

In the south, with the cold air going south, the protracted high temperature process finally ushered in a turning point. On the 24th, Huanghuai and Jianghuai took the lead in withdrawing from the "high temperature group chat".

The supercomputer predicted that a cold air force will be very strong on August 31, and it is expected to blow into the Yangtze River Basin in an all-round way, completely dispelling the high temperature weather in most of the Yangtze River Basin.

This also means that the protracted high temperature weather process in the south this year will come to an end.





bad news


1

Export statistics of down and feathers in major provinces and cities from January to July - a trend has been seen

From January to July, Zhejiang ranked first in the country in both the export volume and export value of down and feathers.

According to China Customs data, Zhejiang Province exported 11,918.4 tons of down and feathers from January to July, a year-on-year increase of 21.7%; the export value was 1.594 billion yuan (RMB, the same below), a year-on-year increase of 42.7%.

Zhejiang Province exported 1856.5 tons of down and feathers in July, with an export value of 217 million yuan.


Previously, Anhui maintained the country's first export volume during the year, but it was overtaken by Zhejiang in May.

Anhui Province exported 11,300.0 tons of down and feathers from January to July, a year-on-year increase of 18.3%; the export value was 1.007 billion yuan, a year-on-year increase of 57.5%.

Anhui Province exported 1421.0 tons of down and feathers in July, with an export value of 141 million yuan.


The export volume of Jiangsu Province continued to be sluggish.

Jiangsu Province exported 3,229.4 tons of down and feathers from January to July, a year-on-year decrease of 12.5%; the export value was 506 million yuan, a year-on-year increase of 27.3%.

Jiangsu Province exported 423.6 tons of down and feathers in July, with an export value of 54 million yuan.


From January to July, Guangdong Province exported 1,677.0 tons of down and feathers, a year-on-year increase of 24.8%; the export value was 187 million yuan, a year-on-year decrease of 1.1%.


From January to July, Shanghai exported 547.7 tons of down and feathers, a year-on-year increase of 459.3%; the export value was 69 million yuan, a year-on-year increase of 164.6%.


From January to July, Shandong Province exported 759.21 tons of down and feathers, a year-on-year increase of 41.2%; the export value was 112 million yuan, a year-on-year decrease of 8.9%.




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