The Order Status Of Cotton Textile Industry Under The Influence Of Tariff Increase Between China And The United States

Under the influence of tariffs imposed by China and the United States, China's cotton price index fell. In March, domestic high count yarn orders showed no obvious signs of recovery, the market was in a wait-and-see mood, the purchase of long staple cotton was not hot, and the overall buying and selling atmosphere was light,

At the beginning of March, the international cotton price fell to a four-year low; Subsequently, inflation in the United States showed signs of cooling, and market worries eased. Superimposed by the strong performance of American cotton export data, the intention of American cotton planting area to decline in the new year, cotton prices gradually rebounded; Later in the day, the market became more worried about the US economic recession and tariffs, and cotton prices fell.

The cotton textile industry has entered the traditional peak season. Downstream orders are better than last month, but still not as good as in previous years, showing a low peak season. The textile mills are still operating at a high level, with low overall profit margin, insufficient confidence in the market, and cautious replenishment of raw materials. Pure cotton yarn KC The transaction price at the end of 32S month was 21040 yuan/ton, down 200 yuan month on month; Combed JC40S transaction price at the end of the month was 23930 yuan/ton, down 90 yuan month on month; The transaction price of polyester staple fiber at the end of the month was 6740 yuan/ton, down 150 yuan month on month; The closing price of viscose staple fiber at the end of the month was 13600 yuan/ton, down 125 yuan month on month.

The US government continues to impose "equivalent tariffs" on Chinese goods imported to the United States at a rate of up to 245%. China opposes the system in accordance with the law and increases the tariff rate of imported goods originating in the United States to 125%. It clearly states that, given the current tariff level, there is no market acceptance possibility for American goods exported to China, if the United States continues to impose tariffs on Chinese goods exported to the United States, China will ignore it.

The tariff policy of the United States severely curbs bilateral trade, which will inevitably have an impact on China's cotton textile exports in the short term, and some processing trade enterprises will be greatly affected.

Influenced by policy expectations, in the first quarter, enterprises scrambled for exports, leading to a large year-on-year growth in textiles. According to the data of the General Administration of Customs, in March 2025, China's textile and clothing exports reached 23.4 billion US dollars, up 12.4% year on year; Among them, textile exports reached US $12.05 billion, up 16.1% year on year; Clothing exports reached US $11.35 billion, up 8.8% year on year.

From January to March 2025, China's textile and clothing exports reached US $66.28 billion, up 1% year on year; Among them, textile exports reached US $33.27 billion, up 4% year on year; Clothing exports reached US $33.01 billion, down 1.9% year on year.