RCEP'S Successful Signature Will Promote Vietnam'S Textile Exports

Vietnam's Ministry of industry and trade's Asia Europe meeting website reported on October 31st that the signing of the regional comprehensive economic partnership (RCEP) will promote Vietnam's textile exports. RCEP will bring great advantages to Vietnam's textile and garment industry. If Vietnam's exports to Japan, only products originating from ASEAN or Japan can receive tariff relief, but 33% of Vietnam's clothing materials are unable to enjoy preferential tariffs stipulated in the ASEAN Japan FTA because of the origin of China. RCEP's implementation of a unified tariff preference will help solve similar problems. In 2012, RCEP negotiated 46% of the world's population, and GDP accounted for 24% of the world's total. The Asian Development Bank expects that RCEP will increase global GDP by 0.6% in 2025, or $664 billion.

Changyi: cotton mill inventory to alleviate the effectiveness of no improvement

The price of low price carded yarn is still good, but the stock of spinning mills has eased slightly, but the efficiency has not been improved. The cotton market is basically maintained, and the spinning enterprises are purchasing on demand.

The price of all cotton yarns is flat, some of the tests are up, but the pulling force is not enough, the price of low price combed yarn is still good, the inventory of spinning mills has eased slightly, but the efficiency has not been improved. The cotton market is basically maintained, and the spinning enterprises are purchasing on demand.

The staple fiber staple price remained unchanged, and the demand for pure polyester yarn and polyester cotton yarn was weak. Recently, shipments of all cotton fabrics have been slightly improved. Orders for home textile fabrics of reactive printing series have increased, and other fabrics are flat.

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This week, the price trend of lining fabric remained stable. There was a slight rebound in sales of grey cotton fabric, and the price of grey cloth changed little in the market.

The sales of satin and five satin are maintained. Among them, five satin is cheap and fine, with a wide range of applications. Besides being used for clothing and fabrics, it is also widely used in all kinds of gift packaging materials. The shipment volume of twill is enlarged, but the price is weak. The main reason is that the weaving factory has the initiative to make the price.

Jacquard material is acceptable. among A Phnom Penh material is quite popular. The warp yarn is made of polyester fdy68d, and the weft thread is made of polyester dty75d black silk. The fabric is woven by weaving Teague technology on the loom and weaving machine. The fabric is woven with Teague texture on the water jet loom.

The weaving method is unique, the dyeing and finishing technology is unique, especially the application of "environment-friendly" dyeing. The beauty of the cloth is attractive, the product type is overlapped, the three-dimensional feeling is strong, the handle is smooth and the color is pure. It is a good material for all kinds of clothing, casual wear, seasonal suit, leather goods, etc.

The width of the cloth is 160cm, and the weight of each meter is about 125 grams. The market price of the market is between 2.40 and 2.50 yuan per meter. The sales of cotton velvet Market is small, and the price trend keeps stable. The price of 160 grams, 175 grams, 205 grams is 2.65 yuan / meter, 2.80 yuan / meter, 3.20 yuan / meter respectively, mainly used for pajamas production.

Market conditions such as polyester taffeta, semi elastic spring and sub spun market are even more severe. The price of products is also weak due to excessive production capacity, and the demand is gradually decreasing. pressure Obviously, next week's conventional market trend is not optimistic.