Commodity Trade Leads

HC screen Special network printing December 2009 trade sentiment index closed at 1378th 49 points, down 00% last ring 23rd month, showing a decline in the trend, foreign trade price index closed at 110th 20 points, ring up a 13 60 percent the previous month, showing a rising trend trade confidence index closed. 981st at 48 points, down 12, 24% last month, Central, was a marked decline in the trend.

One, in December 2009 a marked decline in foreign trade sentiment index
1 Dubai Turmoil in Shaoxing Textile export markets. In Financial More than a year after the tsunami, people thought that the crisis has passed. However, the Dubai debt crisis atmosphere of the global financial market , downturn raising fears that a new round of financial crisis struck. Dubai on November 26, 2009 month announced restructuring of its largest business entity of Dubai World, Dubai World and the debt moratorium for sixth after the news came out, not only revive the momentum of the global economic crisis weakened, but also the Middle East as the main export market, textile enterprises in Shaoxing, Zhejiang Province has been the industry began to re-examine the metaphor of the “golden channel” of the “New Silk Road. “China Textile City, Shaoxing, from Dubai and the Middle East buyers more. Dubai’s debt crisis, with the Dubai Textile City, and other Middle East trade by a certain influence, part of the Textile City, Dubai, business users have been orders from The performance of caution. Industry, “said Dubai crisis” of the textile enterprises in Shaoxing’s exports to the Middle East region can not be ignored, especially in gray cloth, fabric and Clothing Other downstream products, exports to the region have been more active, especially with batik fabric, rayon fabric, and synthetic fabrics such as a more direct impact. Shaoxing, according to customs statistics, 1 October 2009, Shaoxing County, the UAE exports 410 million U.S. dollars, exports of textile fabrics and garments mainly. Shaoxing County officials said the bureau of foreign trade, the debt crisis may result in Shaoxing textile export volume reduced recently, and Shaoxing, the direct impact on the UAE this year, export growth target. “Dubai crisis” caused by the outbreak of the textile industry in China is indeed a certain shocks, textile and garment enterprises Particularly in Shaoxing But the debt crisis of the whirlpool -. Dubai World company mainly involved in transport logistics, shipping docks, urban development, investment and financial services investment in the long term point of view , Shaoxing’s textile and garment exports in general have limited impact. These areas of investment and direct business contact Shaoxing textile is not very close, so, although the short term or on Shaoxing’s textile exports to the Middle East will be some impact, but long- term implications of the crisis may also further attention. Dubai, after all, only in the Middle East transit point for trade in textile export enterprises face is behind the broader Middle East, Africa. Dubai While “crisis” being, but the world economy is Gradually recovering, visionary textile enterprises should avoid short-term speculation to long-term investment philosophy to invest in Dubai, after all inventive move.