Customer Shopping Satisfaction Index Fell &Nbsp; Clothing Sales Showed Signs Of Slowing Down.

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The supply of cotton is abundant, but the downstream demand is weak, which inhibits the price of raw materials, increases the global cotton harvest, and produces enough supplies. However, affected by the debt crisis in Europe and the United States and other countries, the external economic growth is slowing down and the cotton consumption is not enough.

However, domestic cotton prices rose sharply last year, which stimulated cotton growers to increase their planting area, and before the Tun cotton had entered the inventory period, the domestic market showed oversupply.

The future consumption of cotton textiles is uncertain.

Inflation, the European debt crisis and the slowdown in domestic economic growth have already affected consumer sentiment and inhibited the desire to buy.

Cotton prices are expected to remain weak and downward trend.

The production price of the product showed a downward trend, and the cost pressure of soothing clothing brand merchants was about 230 million in October, up 7.6% from the same year, up 1.2 percentage points compared to September.

The producer price index of textile producers continued to fall to 106.1. The factory price of garments and other products is expected to show a downward trend in the future, relieving part of the cost pressure of apparel brands.

Leading indicators, per capita income growth, indicate a sustained slowdown in consumption growth. The level of per capita income and disposable income directly affects consumption capacity.

The average wage in the third quarter increased by 14.4% over the same period last year, slowing by 1.4 percentage points over the second quarter.

In the third quarter, the per capita disposable income of urban and rural areas increased by 14.9% and 21.1% respectively, representing a slight increase over the second quarter.

We believe that even if there is still a slight possibility of a rise in the fourth quarter, it is expected that the per capita income growth next year will be lower than this year due to the higher growth base this year and the forecast of the overall economic growth in China next year.