Analysis on Price Index of Da Lang Wool in June 2019
Release time:
2019-07-11
In June 2019, the Dalang Woolen Clothing Index firmed up. The total price index of 6 Dalang woolen clothing in 2019, compiled based on the average of woolen clothing specifications for each month of 2014, reported 101.44, up 0.64 compared with May.
In June 2019, the Dalang Woolen Clothing Index firmed up. The total price index of 6 Dalang woolen clothing in 2019, compiled based on the average of woolen clothing specifications for each month of 2014, reported 101.44, up 0.64 compared with May.
Analysis on Export Price Index of Da Lang Wool Garment in June 1.
In June 2019, the export price index of Dalang woolen men's and women's clothing was firm and stable, and the export price index of Dalang woolen clothing was generally upward. In June, Dalang wool clothing export price index reported 99.84, up 1.20 percent month-on-month and up 0.08 percent compared with the same period in 2018.

In June, the export price index of women's woolen clothing reported 100.22, up 1.46 percent month-on-month and down 0.14 percent compared with the same period in 2018. Among the major categories of woolen women's clothing, the export price index of long-sleeved pullovers for woolen women's clothing reported 102.86 in June, up 4.82 from May, which was the main driving force for the upward trend of the export price index of woolen women's clothing in June. The export price index of long-sleeved cardigan woolen women's clothing reported 95.17 in June, down 0.17 percent from May. The export price index of long-sleeved and semi-cardigan woolen women's clothing reported 100.73 in June, down 0.07 per cent from May. The export price index of short-sleeved pullovers and woolen women's clothing reported 100.84 in June, down 0.21 percent from May. In June, the export price index of short-sleeved and semi-cardigan woolen women's clothing reported 100.37, down 0.01 percent from May.
The gross men's clothing export price index reported 97.70 in June, up 0.29 percent from the previous month and 1.02 percent from the same period in 2018. Among the woolen men's clothing categories, the export price index of long-sleeved pullovers for woolen men's clothing reported 95.77 in June, down 0.36 from May.; The export price index of long-sleeved cardigan woolen men's clothing reported 97.27 in June, up 0.37 percent from May. In June, the export price index of long-sleeved and semi-cardigan woolen men's clothing was 100.31, the same as in May. The export price index of short-sleeved pullovers for men's clothing reported 98.17 in June, up 0.69 percent from May.
Analysis of Domestic Trade Price Index of Dalang Wool Clothing in June 2.
In June 2019, the price index of domestic trade of men and women's clothing in Da Lang wool was both down, dragging down the price index of domestic trade of Da Lang wool clothing in June. In June, the domestic price index of wool clothing in Da Lang reported 105.55, down 0.71 percent from May and up 0.96 percent from the same period in 2018.

The domestic price index of woolen women's clothing reported 107.24 in June, down 0.77 per cent from May and up 1.27 per cent from the same period in 2018. In the category of woolen women's clothing, the domestic trade price index of long-sleeved pullovers for woolen women's clothing reported 106.58 in June, down 3.75 from May. In June, the domestic price index of long-sleeved and semi-cardigan woolen women's clothing reported 110.06, up 3.98 percent from May. In June, the domestic price index of long-sleeved cardigan woolen women's clothing was 109.55, the same as in May. In May, the domestic price index of short-sleeved pullovers and woolen women's clothing reported 102.48, down 0.57 from May. In May, the domestic price index of short-sleeved cardigan and woolen women's clothing reported 121.66, up 1.62 percent from May.
The gross menswear domestic price index reported 97.24 in June, down 0.62 per cent from May and down 0.18 per cent from the same period in 2018. In the category of woolen men's clothing, except for long-sleeved pullovers, the domestic price index of other styles of woolen men's clothing fluctuated within a narrow range in June, with little change. In June, the domestic price index of woolen men's clothing for long-sleeved pullovers reported 98.67, down 1.59 percent compared with May, which was the main reason for the downward trend in the domestic price index of woolen men's clothing in June. In June, the domestic price index of long-sleeved semi-cardigan woolen men's wear was 89.90, and in June, the domestic price index of long-sleeved cardigan woolen men's wear was 95.33, which was the same as in May.
Analysis of the Export Order Index of Da Lang Wool Garment in June 3.
In June 2019, the export of wool clothing processing in Da Lang was lower than that in May, but higher than that in the same period in 2018. In June, the index of export orders for wool and clothing in Da Lang reported 63.97, down 19.35 per cent from May and up 5.60 per cent from the same period in 2018.

Analysis of Processing Labor Cost Index of Dalang Wool Garment Enterprises in May 4.
In May 2019, Dalang wool garment processing labor cost index reported 127.33, of which: May wool garment export processing labor cost index reported 127.14, May domestic trade processing labor cost index reported 127.67.

Analysis on the Prosperity Index of Da Lang Wool Garment Enterprises in June 5.
In June 2019, the prosperity index of Dalang woolen clothing export enterprises reported 142.33, down 3.83 percent from May, and the number of export-oriented enterprises optimistic about short-term business prospects decreased. Six Dalang domestic trade woolen garment enterprise prosperity index reported 141.54, up 14.58 percent from May, and the proportion of domestic trade enterprises optimistic about short-term business prospects increased significantly.
Analysis and Summary of Price Index of Dalong Wool Garment in June 6. and Forecast in July
In terms of wool clothing processing and export, the impact of the trade war on the export of Dalang wool clothing has been partially digested. The exchange rate of RMB against the US dollar continues to be weak, which supports the processing and export of Dalang wool clothing. Sino-US trade negotiations will resume in July, the trade war from the encounter to the land occupation war, anyway, the impact of the trade war in the short term should have been presented, in the short term will be in a relatively stable stalemate. In July, the price index of Dalang woolen clothing exports is expected to be stable and slightly downward.
In terms of the domestic market, the proportion of domestic trade wool weaving enterprises optimistic about the short-term business prosperity in June increased significantly compared with May. In June, the prosperity index of domestic trade woolen clothing enterprises in Dalang reported 141.54, up 14.58 percent from May. The domestic market has entered the peak summer sales season, and the market consumer demand will increase. It is predicted that the domestic trade price index of Dalang woolen clothing will improve in July 2019, and it is estimated that it will be stable and firm.
(Source: Dalang Wool Price Index Network)
More information