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    Textile Textile Market Recovery Signal: Home Textile Orders "Preemptive", There Are Enterprises Too Late To Do......

    2020/5/25 10:28:00 2

    Foreign Trade Textile Market

    Entering the May, the market began to have a different voice. Although most enterprises still say that orders have shrunk seriously over the past year, production and marketing are still difficult to achieve, but some enterprises are slowly entering the right track.

    Some time ago, after the United States launched the ultimate killer in the HUAWEI incident, the trend of Sino US trade relations began to be included in one of the concerns of textile people. However, the demand for terminal demand was slow to recover, and the order of foreign trade remained slow. So the impact of this incident on the textile industry is not large. Moreover, the US market demand began to recover slowly in the near future.

    Recently, Zhang Chang, a chief weaving enterprise of home textile products, told Xiaobian: "our orders are in good condition recently, and the products in our factories are too late to do, mainly for home textile products, and to supply WAL-MART in the US. There are still some stocks in the factory. There is basically no inventory recently. Other customers do not pick up, and now only do this customer, the order volume is relatively large.

    At the same time, another household trader who made home textiles and clothing fabrics also said: "recently, we have received orders for home textiles exported to the United States, though not large, but the volume is larger than the previous one, which is a signal for the slow recovery of foreign trade."

    The main export markets, such as the US and Europe, have been suspended and consumer demand has been sluggish. Since late March, export orders for textile enterprises in China have dropped sharply, overseas customers have cancelled orders and delayed delivery.

    According to customs data, China's textile and apparel exports totaled US $47 billion 880 million in the first quarter, down 17.8% from the same period last year. Among them, the export volume of textiles was 24 billion 40 million US dollars, down 15.3% compared with the same period last year, and the clothing export volume was 23 billion 840 million US dollars, down 20.2% compared with the same period last year. In the first quarter, China's exports of textiles and clothing to the United States, Japan and the EU decreased by 29.2%, 16.8% and 14.3%, respectively.

    Entering the market in May, the market was slightly warmer. According to the statistics of China's silk net, at present, the inventory of grey cloth in Jiangsu and Zhejiang provinces has declined compared with the previous period, and now the inventory of grey cloth is concentrated in about 41 days.

       As a part of conventional textile products, home textile products have begun to recover slowly in recent years.

    01

    The number of confirmed cases in the United States exceeds 1 million 610 thousand cases, and the consumption of medical sheets is large.

    Zhang mentioned the weaving company mentioned above. The export volume of home textiles is large and has a serious relationship with the epidemic situation in the United States.

    According to the latest real-time data from Johns Hopkins University of the United States, as of 17:30 p.m. Eastern time, there were more than 1 million 610 thousand confirmed cases of new crown pneumonia in the United States, 1618471 cases and 96875 deaths cases.

    The number of confirmed cases and deaths in the United States is increasing day by day, and the consumption of bed sheets and quilt covers is huge. Due to the particularity of the new crown, these sheets and quilt can not be used repeatedly, and can only be used as disposable products. For the current situation in the United States, the purchase of home textile products in hospitals is just like the hot "shroud bag" at that time, which belongs to the product gap resulting from the epidemic.

    02

    Early orders slow down, and orders are now concentrated.

    In the early stage, international logistics and demand were basically at a standstill due to the epidemic, and foreign trade orders were almost stagnant. Although epidemics are still spreading abroad, many countries have reopened their economic activities on the basis of the basic control of epidemic situation, and international logistics is also gradually recovering.

    Plus 7 and August is the textile off-season, the second half of the year's foreign trade orders are more in 5 and June, now is a good time point, so before the epidemic factors canceled or delayed orders, or at this time period began to release centrally.

    afterword

    Although we can see from some enterprises that the foreign trade market is slowly recovering, we still can not ignore that the global economy has been sluggish under the pressure of the epidemic and the demand for textiles in the global market has not been significantly improved. In addition, the textile market itself has excess capacity and low price competition. Even if demand begins to recover, it will be scattered to every textile worker's hands.

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