Prediction: "Kim Gu" Countdown For 1 Months, Is There Any Drama In The Textile Season?

On the 30-31 day of July, the twelfth round of Sino US economic and trade consultations held in Shanghai. Each step of the Sino US economic and trade consultation will raise the market's confidence in the economic growth of China and the United States and even the whole world. Although the results are not yet known, most of the textile people are in a positive mood and rationally look at this consultation.

China's textile and garment market is more dependent on exports. According to incomplete statistics, China's textile and garment products exported over 270 billion US dollars in 2018, while domestic retail sales of textile and apparel were around 200 billion US dollars. The United States is China's largest exporter of textile and clothing products. The United States will impose tariffs on textile and clothing products, which will directly increase the export cost of China's textile and clothing products and weaken the price competitiveness of China's textile and clothing products.

This year, the whole foreign trade market environment is not good. The Sino US trade split accounts for a majority of factors. Although the current form of comprehensive reconciliation is not yet clear, as long as the development is good, some orders that originally lost Southeast Asia or wait-and-see will not be returned to domestic suppliers. Therefore, the upgrading of external demand will play an important role in the next "golden nine silver ten".

In the first half of this year, the market has been disappointing, to a large extent, because the replenishment of spinning clothes is not enough. It is reported that the demand cycle of textile and clothing replenishment has lasted for two years, and has reached a peak in the fourth quarter of last year. Therefore, the demand for textile materials has increased rapidly in the past 2016-2018 years, but with the end of the replenishment period, the demand for pulling the whole terminal in 2019 has obviously weakened.

Entering the July, driven by the soaring raw materials, the sales volume of the fabric market has been driven more or less. Chen, a trade minister in Shaoxing, said that the order was better in July this year than in June, but compared with the same period last year, it was still more obvious. "The recent proofing is better than before, and I hope the market will continue in August." He said.

According to some cloth boss in Shengze area, the proofing and sample finding began to increase in the recent stage, and some orders were also issued. Although the market has not improved substantially, individual products are showing signs of improvement, especially four rounds, high elastic fabrics and imitation memory. "Although the list is not many recently, there are more and more proofing people. Hopefully, they will be converted into orders." Traders General Wu said.