In May, The Foreign Trade Market Began To "Break The Ice": Ports In Many Countries Were Opened One After Another.

BYD's "immortal jump" event shifted the eyes of textile people to Sino US trade again.

Last Friday, senior trade representatives from China and the United States spoke on the telephone to discuss the implementation of the first stage trade agreement. The Chinese side said that the two sides agreed to create favorable atmosphere and conditions for the implementation of the agreement. The US side said that both sides expected the obligations under the agreement to be fulfilled. However, Trump soon said in an interview that he felt entangled in the current trade situation. At present, it is difficult to judge what Trump's remark represents.

However, it can be determined that Trump is still moving in the Sino US trade, and is constantly thinking about the release of too many uncertainties on the periphery, so that the textile and foreign trade people who are eager to resume orders are even more depressed.
Apart from Trump's case, the recent foreign trade market is still a little "riot"!

Good luck in foreign trade! The garment factory is getting better?!

After the May 1 holiday, a man who made foreign trade in clothing in Fujian made a video of "the garment factory began to be busy." she said in the video that a printing factory staff said that the factory orders were obviously increasing in recent years, so that they did not know which factory to order.

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It is reported that Guangzhou's middle and big markets are also beginning to recover, and some garment factories have improved significantly.

More than 500 garment factories in Bangladesh have resumed operations, and ports in various countries have been opened one after another.

According to reports, in March, most garment factories in Bangladesh were forced to close. After 1 months of stoppage, at the end of April, more than 500 garment factories in Bangladesh began to resume production and provide products to all the major clothing brands in the world.

In addition, with the opening of ports in many countries, many of the exported goods can reach the destination port at sea. Before the delay in delivery, some countries have agreed to deliver the goods. It can be said that the foreign trade industry began to "improve" gradually.

"Recently our customers in Spain have already given orders, such as Hua Dane and plain weave, which are used for autumn and winter clothing." A foreign trade boss said.

Another foreign trade owner said that he received a 300 thousand return order recently. "It was not optimistic about exports, and suddenly received this order. He was happy and nervous. He hoped he would not cancel it halfway." He said.

There are indications that the foreign trade market seems to be "breaking the ice". According to past tradition, it should be the relative peak season for foreign trade orders now, because European and American countries will have a "summer vacation" in 7 and August, so they will choose to place orders before the holidays. This year, though affected by the epidemic, many orders have been cancelled and delayed, but with the gradual slowing of the epidemic in Europe and America and the increase in economic activity, the order will also be released before July. It also shows that foreign trade should improve in the following days.

Some market participants said optimistically: "it is impossible for foreign trade to restore the level before the epidemic this year, and with the November general election, the uncertainty of Sino US trade friction is heating up. It is very likely that 6 and July will be the best month for foreign trade this year."

Don't be overly optimistic, the market shrinkage is still going on.

Although entering the May, the textile and garment market releases positive signals, but the transmission to the fabric market is still rather mild. Some textile bosses are still missing orders, the whole market is recovering slowly, and lack of support for orders.

A textile foreign trade company related staff recently Tucao, with the implementation of the 2020 autumn and winter clothing materials to the end, the 2021 spring and summer clothing fabric orders in previous years have obviously shrunk, the same period dropped 5 to more than the same period.

In the past year, tens of thousands, tens of thousands, and hundreds of thousands of foreign trade orders have shrunk seriously this year. A trader said, "there is a friend who makes an order in Bangladesh. He always makes a single order, a single quantity of orders in hundreds of thousands of meters, but this year orders are obviously less, and some are even tens of thousands of meters."

Of course, in any case, Xiaobian thinks that the lowest level of textile foreign trade is over. With the recovery of economic activities, the market will move more or less. But it is noteworthy that there is no turning point in overseas epidemic, and the urgent need to resume production in Europe and the United States because of economic pressure is likely to lead to the two outbreak of the outbreak.

In addition, the domestic market has excess capacity and the plight of oversupply has not improved. The high cost, high inventory and low demand of domestic production enterprises will also bring about a survival crisis. Do not be too optimistic about the market and be cautious of the "bubble" behind the "prosperous" market.