Cotton Prices Plummet And Market Is Cold

Since July, domestic textile production and sales are more weak, manufacturers.

Weak market sales, manufacturers are also eager to ship, repeatedly down the price of gauze, in order to withdraw funds.

Textile manufacturers are cautious about purchasing cotton. Compared with cotton sales companies, they are actively promoting price cuts.

The domestic textile market is deserted, and exports are even lighter.

This year, many foreign trade enterprises have indicated that orders are few and even worse than the global financial crisis in 2009. A few foreign trade companies in Guangdong and Hangzhou have failed.

Some orders for external processing enterprises are few, and the start-up is seriously inadequate, especially in comparison with the same period last year.

Recently, the author consulted Guangdong, Panyu, Foshan, Xiqiao, Dongguan and other processing enterprises and foreign production enterprises. They all say that the market has not been very good since this year, and the orders are few.

Guangzhou, a foreign-owned company with 300 large circular machines, has just produced 20 pounds per day, and has a day off every week.

The person in charge of a knitted fabric production and processing enterprise in Dongguan said that after July, the output was only 2-3 pounds per day, while the best time in the first half of the year was 60 thousand pounds per day, which fell sharply compared with the output of knitted fabric nearly 120 thousand pounds per day last year.

At present, there are more machines for enterprises to stop, and the whole production workshop is rather cold.

At present, the production enterprises are losing money, and most manufacturers show frustration.

In addition, a foreign trade company in Shanghai also said that no order has been received in Europe for half a year, and the company has set up factories in Vietnam.

In the past, 60% of Jiangsu's enterprises were Japanese, and this year there was basically nothing to do.

How many manufacturers sigh at home?

This year, the export situation of domestic textile and clothing is still poor. On the one hand, the rising cost of labor and raw materials has made some foreign buyers move to other textile producers with more price advantages (such as India and Pakistan).

In addition, the global economy has not yet fully recovered, and the procurement of textile and clothing is not big enough, and the export of domestic textile and clothing has been affected.

This year, a considerable number of enterprises making foreign orders also fought in the domestic market, which also led to the increasingly fierce competition in domestic clothing prices, and the prices of all wholesale clothing markets were generally lower than in previous years.

For the second half of the textile and apparel consumer market, most people are not optimistic.

In addition, the national development and Reform Commission recently released a report that the pace of domestic textile development will slow down in the second half of the year.

At present, textile enterprises are facing "labor shortage" and "