2013香港国际毛皮时装展览会 – 资讯中心 – 中国服装网-xpphone

  2013年1月7日,由香港毛皮业协会属下青委会举办的“香港皮草设计比赛2013”已在香港洲际酒店盛大举行。本届比赛以“Winter Princess”为题,29位创意横溢的本地设计师将最先进的制作技术与毛皮材料结合,展现了最为大胆的原创设计。

  在伴随着皮草设计比赛的落幕,全球最大的毛皮业展览会――“香港国际毛皮时装展览会”也将于2月25日隆重开幕。本届展会为期3天,由香港毛皮业协会组织举办,地点位于香港湾仔港湾道1号的香港会议展览中心。

  香港毛皮业始于三十年代,经过七十多年的发展之后,时至今日已成为全球高级毛皮时装出口地之首,而香港国际毛皮时装展览会也是目前全球最大的毛皮行业展览会。展会每年都能吸引全球超过15个国家琳琅满目的高级皮毛时装、皮毛原料以及其他各式的新款配饰,同时亦吸引着30多个国家的买家前来参观。每届展会的展品都在不断提升制作工艺,研发新技术,2013年的这届展览会也会延续经典。

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Cotton or showing L shape trend-yyets.com

Cotton: or showing "L" shape trend, the main contradiction of the domestic cotton market this year focused on reserve cotton destocking and downstream demand. We believe that the current cotton market is at the bottom of the last cycle and the next cycle of brewing stage, it is expected that the domestic cotton price will show "L" shape trend. Since last year, the overall trend of the United States cotton oscillation. But the American cotton sales progress Pianman, home during the Spring Festival holiday, because the USDA supply and demand report lowered the export volume of US cotton and NCC survey shows that 20162017 of the annual U.S. cotton planting intentions in the area has increased, the influence of a series of bad factors, American cotton fell 60 cents to 58 cents per line, conforms to our expectations. In 20142015, the domestic reserves of cotton output only 63 thousand and 400 tons, the international cotton market did not form substantial negative, more psychological pressure. In 20152016, the impact of reserve cotton on the international cotton market will change from psychological level to substantial influence. Cotton reserves inventory is expected to clear domestic reserves of about 10 million tons of cotton to inventory is expected to clear, direct pressing domestic cotton price trend, indirectly suppress the international cotton price trend. We think it is more likely to reserve cotton for sale at lower prices. We are divided into two categories: first, if the shortage of resources on the market, cotton enterprises auction relatively positive. But the textile industry is in complete competition. If the price difference between domestic textiles and foreign products of the same grade is too high, it will restrain the domestic textile enterprises’ demand for cotton, leading to a decline in the enthusiasm of the auction, and eventually the cotton reserve will promote the transaction through the price reduction. If the market is two cotton resources is not tight, there will be no positive auction, the enterprise will pick warehouse inventory of raw materials, supplemented by auction, Xinjiang spot etc., the state reserve only by price or collocation quotas and other ways in price, to promote sales. In recent years, cotton reserves reserve price auctions, November 2013 price 18000 yuan per ton, in April 2014 fell to 17250 yuan (according to the proportion of 3:1 tons of imported cotton quotas, collocation) July 2015 reserve price auctions continue to down to 13200 yuan (2011 tons of domestic cotton). If the market does not recognize the price of the reserve cotton, the probability of the reserve cotton to continue selling at a low price is very high. Cotton prices down little space massive domestic cotton reserves to inventory, mainly by reducing new supply and increase the consumption of two aspects. On the one hand, cotton production has begun, and the relevant agencies survey shows that domestic cotton planting intention continues to decline in 2016. On the other hand, the increase of cotton consumption can only be achieved by reducing the cotton price difference at home and abroad, and improving the competitiveness of domestic cotton yarn. But prices down the space is not infinite, need to consider the pressure on fiscal expenditure and improve the two aspects of the domestic textile industry competitiveness. First, if the domestic cotton price is too low, regardless of the target price subsidies, or from the point of view of a round of cotton reserves, low prices will increase the pressure on fiscal expenditure. Second, if the domestic price is not low enough, foreign cheap cotton yarn to form through price shocks in the domestic market, reduce domestic.

棉花:或呈现“L”形走势   今年国内棉花市场的主要矛盾集中在储备棉去库存化和下游需求方面。我们认为,当前棉花市场处于上一周期底部和下一周期的酝酿阶段,预计国内棉花价格将呈现“L”形走势。   去年至今,美棉整体呈现振荡走势。但美棉销售进度偏慢,国内春节长假期间,由于USDA供需报告调低了美棉出口量以及NCC调查显示2016 2017年度美棉种植意向面积提高,在一系列利空因素的影响下,美棉跌破60美分至58美分一线,符合我们之前的预期。   2014 2015年度,国内储备棉轮出量仅6.34万吨,对国际棉花市场没有形成实质性的利空,更多的是心理层面的压力。而2015 2016年度,预计储备棉对国际棉花市场的影响将从心理层面转为实质性影响。   储备棉去库存化预期明确   国内约1000万吨储备棉去库存化预期明确,直接压制国内棉价走势,间接压制国际棉价走势。我们认为,储备棉降价销售的可能性较大。   我们分两种情况探讨:一是如果市场上资源紧缺,涉棉企业竞拍相对积极。但纺织业处于完全竞争状态,若国产纺织品与国外同档次产品价差过高,将会抑制国内纺织企业对棉花的需求,导致竞拍积极性下降,最终储备棉通过降价来促进成交。二是如果市场上棉花资源不紧张,会出现竞拍不积极的情况,企业会通过接仓单、接竞卖新疆棉、接现货等方式补充原料库存,国储棉只有通过降价或者搭配配额等方式变相降价,来促进销售。   从近年来储备棉竞卖底价来看,2013年11月价格为18000元 吨,降至2014年4月的17250元 吨(按3:1比例搭配进口棉配额),2015年7月竞卖底价继续下调至13200元 吨(2011年国产棉)。如果市场不认可储备棉的价格,则储备棉继续降价销售的概率很大。   棉价向下空间不大   国内巨量储备棉去库存化,主要通过降低新增供给和提高消费两方面实现。一方面,棉花减产已经开始,并且相关机构调查显示,2016年国内棉花种植意向继续下滑。另一方面,棉花用量增加,只能通过降低国内外棉花价差,提高国内棉纱竞争力来实现。但棉价向下的空间并不是无限大,需要综合考虑财政支出压力和提高国内纺织业竞争力两方面因素。第一,如果国内棉价过低,无论从目标价格补贴方面,还是从储备棉轮出角度考虑,价格过低都将增加财政支出压力。第二,如果国内棉价不够低,则国外低价棉将通过低价棉纱的形式继续冲击国内市场,减少国内棉花消费,不利于储备棉去库存化的顺利进行。   因此,在棉花进口被严控后,国内棉价的低点主要取决于国内外棉纱的竞争情况。2014 2015年度以来,我国严控棉花进口配额,棉花进口量大幅减少。但棉纱进口没有配额限制,且进口关税较低。2015年储备棉轮出时间在7―8月,鉴于2016年棉花减产和棉花进口量下降预期较强,二季度储备棉轮出的市场预期强烈,但价格是一步到位还是逐步调整是目前市场关注的焦点。预计上半年国内棉价呈现下跌走势,而下半年开始国内外棉价达到动态平衡。(作者单位:中信期货)   版权声明:本网所有内容,凡来源:“期货日报”的所有文字、图片和音视频资料,版权均属期货日报所有,任何媒体、网站或个人未经本网协议授权不得转载、链接、转贴或以其他方式复制发布 发表。已经本网协议授权的媒体、网站,在下载使用时必须注明"稿件来源:期货日报",违者本网将依法追究责任。相关的主题文章:

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