Lack Of Confidence In Textile Enterprises Is Serious.

Affected by the international epidemic situation, the domestic and foreign textile market has obviously declined, the market orders are seriously insufficient, the stock pressure is gradually increasing, and the operation is difficult. At present, Henan Nanyang cotton enterprises quotations are relatively stable, most of the quotations fluctuate around 11000 yuan / ton, but the turnover is relatively cold.

Henan Nanyang textile enterprises are facing difficulties in sales and orders, which has resulted in an increasing number of finished products in textile enterprises, a serious decrease in liquidity and a decline in confidence in raw materials. At the same time, due to the poor market, many enterprises have temporarily opened their holiday mode. From the early anti risk small micro spinning enterprises began, to the current large and medium-sized textile enterprises have begun to shut down some of the machines.

As of now, small textile enterprises are shutting down more, and large and medium-sized textile enterprises are mostly reluctant to support because of the higher risk coefficient of shutting down. Under the continuous market sluggishness, some enterprises have been unable to support such a continuous downturn in the market, liquidity can not meet production needs. Although enterprises take measures to increase the sale of cotton yarn, the price reduction will not help.

At present, some large and medium-sized textile enterprises in order to avoid risks, reduce pressure, cope with the downturn in the market, start shutting down conventional machines without orders, leaving only a small number of orders for machine production. The employee takes the job flow system, and the employee who does not work will receive a daily subsidy of 40 yuan / day, so as to ensure that there are enough employees in place to continue production. Nevertheless, it also increased the production cost of spinning enterprises, and the enterprises were miserable. They had to insist on production while watching, and at the same time stabilize the workforce.

Part of the textile enterprises, cotton enterprises, said that if the market continues to develop this way, after the May 1, there will be a lot of shutting down of cotton enterprises, and some enterprises are making plans. These enterprises say that after May 1, they will shut down for a month or so to cope with the sluggish market, and even some enterprises will see the market operation to decide the closing time, and the market will continue to shut down and the market will improve. In the short run, it is difficult for enterprises to start work. It is not easy to shut down for a while and expect the market to return to normal as soon as possible.