Good News: The EU Has Resumed Burma'S Clothing Orders, And The Process Of Purchasing Fabrics In Southeast Asia Has Accelerated.

The crisis of overseas epidemic is still escalating. From the failure of Russia and India to extend the quarantine period, the severe export situation may be difficult to alleviate in the short term.

The textile market appeared to be split in May, whether it was domestic trade or export. Domestic textile foreign trade bosses, who have long been short of orders, are looking forward to restoring overseas markets as soon as possible.

In May, European epidemic control measures were gradually relaxed, and many countries began to resume work. It is reported that on the first day of the resumption of work in France, there are long queues in front of Zara shops in many cities. Retailers are beginning to show signs of gradual recovery. ?

In addition, it is reported that with the lifting of the new crown prevention and control related restrictions, EU countries have begun to contact clothing orders, and it is expected that Burma will be able to get orders in June. For Burma garment industry after more than 2 months of epidemic situation, it will usher in an excellent prospect, which is also good news for domestic textile foreign trade enterprises.

After all, China is not only a source of investment in Burma's textile and garment industry, but also an important source of raw materials and intermediate products. The improvement of the garment industry in Burma is bound to speed up the procurement of domestic fabrics.

It is reported that many textile bosses recently indicated that orders for foreign enquiries began to increase. "Recently, our orders in the domestic market are increasing, and many of them are sold to China University. However, the orders for foreign orders are much higher in the near future. Although they have not yet placed orders, they are at least moving." A textile boss specializing in fashion fabrics said.
Coincidentally, the head of another foreign trade company said that the order is now gradually resuming. He said: "since the outbreak of the overseas epidemic, we have had no orders for 1 months. Now it is not easy to start a list, and it is impossible to recover last year. It is estimated that at least 5 sales will drop this year."

In 2020, a lot of textile foreign trade enterprises were faced with bigger problems. 2017, 2018 is the time when textile trade and foreign trade spread all over the place. "When the factory is the largest, 1 cabinets can be produced everyday, all of which are made into garments in the Middle East." Zhang Zhang, a cloth owner who produces silk imitations, said, "when the market is good, the workers are busy every day, and they often work overtime."

Later, because of Sino US trade disputes, such a situation did not exist in 2019. This year, many textile mills' boss orders for the US have shrunk by nearly half. However, this is not the worst time. "The factory's latest list is still 30 thousand years old, and it has not been published yet." Chen said. ?

For textile bosses, the hardest part is to complete the execution of the order before the year, without the new order cycle, so the workers' income will be a great expense.
The monthly cost of a factory with 100 looms and 50 workers is almost 400 thousand (including rent, water and electricity, labor and raw materials). For the boss, in the absence of supplementary orders, still need to bear hundreds of thousands or even more cost, pressure can be seen.
"This year, foreign trade is much harder than domestic trade. The factory has been storing up for a month and a half, and there are still some pre orders being delayed delivery. Now the customers have not said that the inventory of the goods is also pressing. These are enough to test our capital!" In addition to the pressure of inventory and capital pressure, many foreign trade bosses are under pressure, and the dynamics of bankruptcies and bankruptcies from abroad often affect their minds. According to the latest news, the decline and stagnation of the market will continue.

1, parity retail giant Primark announced recently that it is looking for space to store large quantities of stock that can not be sold at present, worth about 1 billion 500 million pounds. Almost all of Primark's stores are closed, losing about 650 million pounds a month, and there are no online products.

2, Japan's large clothing brand Renown filed for bankruptcy. This is the first time Japanese listed companies have gone bankrupt this year. Founded in 1902, RENOWN is a comprehensive fashion group with a history of over 100 years. It has more than 30 international brands including Arnold Palmer, Hiroko Koshino and so on.
3 and 15 reported that Galeria Karstadt Kaufhof, the largest German department store group, suffered more than 500 million euros in losses due to its restricted business during the new crown pneumonia outbreak and is now filing for bankruptcy protection.
4, Jesse Pani (JC Penny), one of the largest chain department stores in the United States, declared bankruptcy on 15, the largest retailer so far affected by the epidemic.
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It can be seen that the small and medium enterprises (SMEs), which have been closed down due to the outbreak of the epidemic, have increased sharply, and the impact of the economic recession has begun to spread to large enterprises abroad. This is undoubtedly a blow for the foreign trade enterprises eager to revive.
In mid May, in a survey of foreign trade orders in China's silk net, nearly 8 of the employers involved in the survey indicated that foreign trade orders had not improved. "We have 8 big clients before us. They are from abroad. Recently, there are not many new ones. In the past year, this year will focus on proofing the orders in spring and summer. At present, these orders have not yet been issued." Another fabric supplier who serves Japanese clothing companies also says that the orders are very few recently. ?

Anyway, now that May is over half, the revival of foreign trade market that textile people expect is not obvious. In the past 6 and July, the foreign trade market is off season. Many European and American countries have the habit of summer vacation, so the sales cycle is again compressed. No wonder the textile boss said: the pressure of foreign trade improvement in the first half of this year is very heavy. The key is whether it can recover in September.