"Dividends" Appear! 2020 Let'S Fly The Price Of Textile And Clothing Market For A While.
Give money to sell! Orders to reduce the price of low dumping into small and medium-sized textile enterprises helpless
For small and medium-sized spinning enterprises, the reduction of orders is a common problem. "In the past year, we have received orders from cotton mills. But by the end of the year, inventories are still accumulating. The head of a spinning factory in Hebei regrets that many manufacturers are in the inventory stage at the moment, and even say that the cotton yarn is sold for money.
The game between raw material purchase and capital withdrawal is the choice of textile enterprises. Let the price fly for a while!
Spinning enterprises have different plans for how many raw materials they prepare, but there are not many enterprises intending to increase their inventories. Zhu Hong, head of the main weaving plant of Chun Ya spinning and polyester taffe, said that after repeated fluctuations in raw materials this year, the price of raw materials will not be released for the first time. If it is not continuously rising, it will not change plans and buy more raw materials. Wu, the head of another Nantong weaving enterprise, also said that the price of raw materials is not stable recently, and it is unclear whether prices will really rise, so they will also choose to wait and see. Today's textile people often choose to "let the bullets fly for a while" in the face of rising prices of raw materials.
Friction between China and the United States is a good omen for the 2020 textile market.
One 13 June The US Treasury has removed China from the list of currency manipulator countries.
January 15th Washington, the White House. Liu He, member of the Political Bureau of the CPC Central Committee, vice premier of the State Council and Chinese leader of the Sino US comprehensive economic dialogue, signed the first stage economic and trade agreement between China and the United States with President Trump. At this point, the Sino US economic and trade frictions have achieved a phased "stop war" and have taken a step towards the final solution.
Recently, China signed the first stage economic and trade agreement with the US side. According to the information previously disclosed, when the agreement is reached, there will be a certain percentage of exemption from tariffs imposed by the United States before trade friction. In 2019, although Sino US trade frictions had also experienced several mitigating situations, the United States eventually reversed itself, without substantial progress. And the agreement reached is different. The exemption of tariff increases can be said to be real.
In 2020, new spring and summer costumes are being prepared. Unlike the down jacket, spring and summer fashions demand higher style, so they need to re play and purchase. Therefore, the rigid demand for fabrics still exists. "At present, our orders have been received in April, all of which are simulated silk fabrics. Recently, there are not many stocks in the factory. They are busy making fixed fabrics. Next year they will start to imitate silk or raise their points." A textile owner with hundreds of looms in Shengze said.
The renminbi is soaring, textile foreign trade people want to weep no tears!
Although most of the mills and dyeing factories have been on holiday, traders are still fighting. For foreign trade bosses, the trend of future exchange rate is a key factor affecting their orders and profits.
Some experts believe that many factors such as the warming of the trade situation, the improvement of the economic expectation, the recovery of market risk preference and the weakening of the US dollar all support the strong operation of the RMB. So what will be the impact of RMB appreciation on cloth boss?
Generally speaking, foreign trade enterprises mostly use the US dollar to settle their foreign exchange. When the exchange rate of RMB decreases against the US dollar, it represents a decrease in profits brought about by the original good price. For example, if a textile trade owner and a client offer a successful bid, they will pay 50% dollars for the next one hundred thousand dollar list and pay the remaining 50 thousand dollars when the transaction is completed. At this point, if the RMB appreciation against the US dollar is 6.85 from the original 6.95, then the boss's 50 thousand dollar will shrink, and it will lose 5000 yuan at once.
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