Why Textile Orders Are Few?

Since March this year, cotton prices have dropped at a high level.

First, excess capacity in cotton textile production.

In 2010, the cotton textile industry was very proud. The small and medium-sized enterprises that had closed their doors were reunited.

The two is the sharp fluctuations in cotton prices affecting downstream orders.

In June 28th, the national cotton price B index, representing the average price of domestic 328 grade cotton, was 24306 yuan / ton, down by 6916 yuan / ton from 31222 yuan / ton in March 10th, or 22%, while Zheng cotton's September contract reached 33%. In June 29th, the lowest level was 23390 yuan / ton, which closed at 23695 yuan / ton.

Under the great fluctuation of cotton prices, cotton textile enterprises are in a state of panic and cautiously cautious. Many cotton textile enterprises in Jiangsu, Zhejiang, Shandong and Hebei have eased their pressure by stopping production and limiting production.

The three is the pressure of capital.

High value cotton

Not only that, the textile industry is also facing the pressure of RMB appreciation, textile and garment export tax rebates or downgrading, shortage of labor and other pressures. In the next few days, the demand is very difficult to release.

Later, we need to pay attention to the macro environment at home and abroad, the clothing in autumn and winter and the holiday orders at home and abroad.