Ji Lu Yu: The Textile Market Is A Mess Under The Epidemic.

At present, the domestic textile market is a mess. It is a bit of an asphyxiating rhythm. Raw materials: the prices of cotton and polyester staple fibers have both been cut down. There are no signs of stopping, and sales are declining as well. Downstream orders have been cut down, leading to a stagnant sales of raw materials. The downstream situation is also unbearable: the global epidemic is rampant and foreign trade orders are basically in a pause stage. According to the survey, China's textile enterprises generally account for more than half of their dependence on foreign trade, and the collapse of exports has made China's textile industry a major disaster area.

? ? ? At present, domestic demand for cotton yarn, grey cloth, clothing and so on is also decreasing. Many export orders are still cancelled or delayed indefinitely, resulting in serious extrusion of inventory. Meanwhile, the amount of money is difficult to recover, and the pressure of funds is obvious. Large scale enterprises can still have some space to support, but small and medium-sized enterprises that can maintain their daily life relative to some peacetime will be destroyed. Strike. The price of yarn and grey cloth is chaotic in all markets, and the desire of manufacturers to realisse business is active. Judging from the recent news from many sources, there are not many enterprises that have cut down production, cut off time and stop production, especially in some clothing and garment factories. It is expected that the textile industry in 2020 will have a long and arduous struggle to see who will last until the end.