EU Resumption Of Clothing Orders In Burma, Increasing Orders For Upstream Textile Enterprises In China

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.

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.

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."

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.

At present, the global epidemic prevention and control is normalized, and countries will restart the economy, and the consumer market will have some compensatory recovery. With the gradual recovery of consumer market and support policy, it is estimated that the operation level of cotton textile and garment industry in the second half of 2020 will be improved significantly compared with the first half of the year. In the long run, the epidemic will enlarge the global cotton textile industry chain, and China's textile enterprises are still facing serious problems. Policy support constantly optimizes the industrial ecological environment, and the domestic demand market potential becomes a new advantage of industrial development. In order to solve the constraints of external demand environment, enterprises need to make efforts from strategic management, innovation breakthroughs, value reengineering and other aspects, so as to enhance their international competitiveness and risk tolerance.