Analysis Of The Impact Of Epidemic On Cotton Industry

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1, the industry postponed the resumption of work, the time is not clear.

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In January 10th, before the end of the Spring Festival, the last textile market survey was conducted. The feedback results showed that most of the enterprises had less than 14 weeks' holiday planning time, and some enterprises did not even exceed one week before and after the festival was expected to be better and the yarn inventory was in the middle of three years.

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With the outbreak of a new coronavirus during the Spring Festival, all sectors of the industry started with epidemic prevention and protection. Most enterprises and textile markets were postponed to work in addition to the enterprises that protected protective products.

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Shandong, Henan and Jiangsu and Zhejiang provinces are large provinces of textile production. Before the end of the statutory holidays, officials announced that they would be postponed until February 9th. But the distance from the resumption of work is getting closer and closer, the epidemic has not been effectively controlled, and the relevant departments again require enterprises to extend their holidays. There are more places to declare that the time to return to work is to be determined. The best news we can see is that more than 40 textile and garment enterprises in Wuxi approved the resumption of work on the 10 day. The first batch of resumed work was not restricted by the staff who did not leave Wuxi during the Spring Festival.

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Most of the cotton processing enterprises in Xinjiang have been warehouses, even though they are affected by post holiday travel, the time to return to Xinjiang can not be determined and the impact of commencement is also small. At present, only a small number of processing enterprises start in Awati and Xinhe County.

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2, logistics warehousing needs to be resumed.

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In February 3rd, when the futures market opened, some storage warehouses in the mainland began to dispatch personnel to take turns on duty to prepare for rainy days. At present, there are very few warehouses that can return to work normally. Some other warehouses are scheduled to return to work in the late week of this week, such as February 13th and 14, but most of them can not be clear. The resumption of work in Hubei will be determined.

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The Xinjiang autonomous region has not been able to move at the level of combat readiness, the area is closed, the company is closed, and the warehouses are closed. Logistics capacity has not yet been fully restored, and transportation from the border to the outer part of the border is almost halting. Many provinces in the mainland have high speed closure, traffic control and so on. Besides the protection of daily necessities, circulation is mostly at a standstill.

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3. Textile enterprises have no guarantee to fulfill orders in advance.

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Affected by the epidemic, population mobility is limited, and some migrant workers can not arrive in time. The delay will result in the loss of workers, the increase of production costs, the failure to fulfill the previous orders, and the disruption of orders and transportation. This will undoubtedly bring great losses to the enterprises. Some enterprises have partial rework conditions declared by the local government. Because of the lack of protective equipment, they can not ensure that the preventive and control measures are foolproof, and they dare not rush to start work. Unable to start, it is impossible to determine the quantity and delivery date of new orders, which will add insult to injury for enterprises.

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