Both volume and price of imported fabrics from Nantong increased in the first half of the year

According to statistics from Jiangsu Nantong Entry-Exit Inspection and Quarantine Bureau, in the first half of 2014, Nantong imported 288 batches of textile fabrics, totaling 866,600 meters, with a value of US$3.3632 million, a year-on-year increase of 6.27%, 30.87% and 20.08% respectively. The unit price was The price is US$3.88/meter, a year-on-year decrease of 8.27%. The overall price is characterized by multi-batch, small-batch, and lower unit price.
It is understood that the imported fabrics in this region are mainly cotton printed fabrics, cotton dyed fabrics and cotton yarn-dyed fabrics. The main importing countries and regions are Japan, Taiwan and Thailand. The import volumes account for 59.07%, 12.69% and 7.47% of the total trade respectively. %, and the goods value accounted for 59.10%, 10.15% and 8.44% of the entire trade respectively. The trading mode of imported fabrics this year has changed from previous years where processing with imported materials was the main focus. General trade and processing with imported materials accounted for 55.13% and 40.86% of the total trade volume respectively. Most of the imported fabrics are processed into clothing, shoes and hats and sold back abroad.
According to analysis, the reasons for the increase in both volume and price of imported fabrics in Nantong are: first, foreign businessmen often designate procurement channels for fabrics as raw and auxiliary materials for their products; second, domestic textile fabrics cannot meet the special requirements of certain foreign products, and Imported fabrics are often superior in terms of appearance, feel, drape, color, etc.; third, it is more flexible to import small batches and multiple varieties of textile fabrics from abroad than to organize production or purchase domestically; fourth, many textiles are currently produced Enterprises are facing labor shortages and it is difficult to produce enough fabrics within the specified period. In order to deliver goods on schedule, clothing manufacturers choose imported textiles.