The Textile Industry Or The Most Dismal "Gold, Three Silver Four" Have Been Returned.

Today, overseas epidemics are still spreading. Many countries such as Italy, Malaysia, Australia, Philippines, Singapore and other countries have announced "sealing up the country" and "sealing the city" to stop the spread of the epidemic. These policies also directly led to the cancellation or postponed orders of overseas customers. The textile circles cried: "to change the sky! Orders for millions of meters and thousands of tons have been cancelled."

Recently, according to Vietnamese media reports, not only China, but also some of Vietnam's garment enterprises have received notification of withdrawal from European and American countries, taking TNG, a garment manufacturer in Vietnam's Taiyuan Province as an example. According to the company, a French company has cancelled clothing orders with the company. In addition, its US buyers have also announced that they will cancel or postpone their orders. According to TNG statistics, the container which the company should have shipped to Europe and the United States with a total value of up to US $20 million is still stuck in Vietnam and cannot be exported. This series of withdrawal and deferring orders caused great panic to the textile market.

The cancelled order has already been cancelled and no work has been done.

Due to the fact that the cancellation of orders is now in the minority, everyone is worried. They are afraid that the order will be cancelled when they wake up. In order to avoid this situation, traders are rushing to rush ahead and ship the goods one day earlier.

"Our customers in Turkey, though our orders have not been cancelled for the time being, are afraid that the epidemic will become more and more serious. If the customer cancels the order on the way, the distribution can only be used as stock and wait for an opportunity to get out in the future." A trader revealed.

"No letter of credit is not available until the order of gray cloth; TT, even if the deposit has to be controlled, quality customers can continue to place orders, and ordinary small customers will be suspended. Special treatment can only be given in a special period. "The trader reluctantly replied.

At the same time, Xiaobian also learned that some small and medium-sized trading companies have 1-2 customers. At present, customers either cancel their orders or do not place orders. They are faced with the situation that no work can be done. "Now we send samples and do nothing. We have pressed the pause button abroad, and the business of our company has been greatly affected, so we don't know what to do next. "A salesperson of the company said. At the same time, this epidemic situation also makes textile enterprises have a tight mind, relying on only 1-2 customers. It is no longer a permanent solution. They should put eggs in different baskets and expand more high-quality customers.

Negotiated settlement

And some trading companies said that they should not receive a notice of cancellation. "We have consulted with European customers again. Orders will only be postponed without delay. The delay can be accepted, and the withdrawal will be subject to the corresponding penalty."

"Our customers have been working together for many years, and our relationship has been good. We do not want to understand the epidemic situation. We can spend time together, like the outbreak of domestic outbreaks, and our customers are also postponed." The trader revealed.

Although orders are delayed more easily than direct cancellation or halfway cancellation, many owners are worried: "no one has said how long the order will be delayed. If the epidemic continues to be severe, the final result will be cancelled."

The docks refused to work, the buyers did not pick up the goods, and the goods remained in risk.

In addition to the cancellation of orders, the foreign trade business is facing a problem, that is, when the goods arrive at the port, no one will unload and pick up the goods. It is reported that bad news came again in the US. Wharf workers in Oakland refused to work on the docks. The workers said that the terminal did not sterilize equipment and facilities for their employees. This may disrupt the normal operation of the port and further disrupt the global supply chain during the outbreak of the new coronavirus.

The port of Oakland accounts for 99% of all container cargo flowing through northern California. 3/4 of the port's trade goes with Asia. In the next few months, with the panic of people, more and more ports will face the risk of unload and take delivery. And during this period of detention, goods may cause problems and cause losses. All these require foreign trade people to do a good job of risk assessment ahead of time.

After the outbreak, foreign trade demand still exists.

The outbreak of the epidemic in the world is undoubtedly a huge blow for the textile and garment industry, but at the same time, it has made the whole world understand that under the background of trade globalization, no country can be alone in the epidemic.

At present, China has achieved positive results in fighting against the epidemic, and sent doctors, experts, and donated masks and protective clothing to countries with serious epidemics, setting an example for world epidemic prevention. Under the epidemic situation, our country's attitude towards the people of the world shows the sense of responsibility and mission of the great powers.

It is believed that after the outbreak of the epidemic, the social and economic operation of various countries will gradually return to normal. Clothing demand will gradually return to normal, and the rapid recovery of China's industrial chain, stubborn anti risk ability and a complete industrial chain will attract overseas customers to place orders, so that the arrival of large quantities of orders will be just around the corner. At present, what textile enterprises should do is to stabilize the plate in the days when this order is difficult to continue, and to ensure enough cash flow to go through it, there is hope to see the rainbow.