May Keqiao Business Index Rose Slightly

"China Keqiao textile index" in May 2020, the total prosperity index closed at 1101.11 points, a rise of 0.02%, an increase of 12.56% compared with the beginning of the year, down 12.65% compared with the same period last year. (the chart above shows the general trend chart)

First, circulation is shrinking and circulation index is down.

In May 2020, the total market circulation index closed at 1062.90 points, down 2.53%. In May, the market circulation was shrinking, and the textile circulation market showed a downward trend.

A sudden outbreak not only has a profound impact on China's industrial chain and supply chain, but also has a huge impact on the textile and garment industry. A series of challenges, such as blocked foreign trade, sluggish domestic demand, declining sales and so on, are pressing on the backs of enterprises. However, with the recent mitigation of the new crown disease, many countries began to "unseal" gradually and orderly. In addition to easing control and orderly resuming production and living order, the global economy, which has been devastated by the epidemic, will slowly restart. This is undoubtedly a good news for the textile and garment industry. However, the global economic structure and industrial pattern have changed dramatically, and the global economic recovery is hard to come up with.

Fabric inventory is still at a high level, and the volume of China's textile city has not improved significantly. In May, the fabric market operators had a hard time. Affected by the epidemic this year, the market is in a doldrums, most of the foreign trade orders are closed, and the volume of domestic trade orders has dropped sharply. Fabric prices have also dropped, and even some market operators have sold at a loss. Under the condition of "too many people," the market has long been a buyer's market, and clothing brands have absolute dominance. Fabric operators quietly fought the price war, and some of them managed to make a single move, even at a loss. Although there are only a small number of such operators, it is still hard to see the shortage of fabric suppliers and the shortage of orders.

Because of the partial contraction of the domestic demand market, the traditional marketing of the Textile City showed a downward trend. In the spring, the spot transaction and order delivery of the textile industry were significantly reduced. In the summer, fabric spot transactions and orders were partially inadequately displayed, and the local marketing fell down.

1, the size of the circulation index fell.

In May, the market circulation index closed at 878.44 points, down 3.24%. Because of the contraction of domestic demand market, the marketing of Textile City market decreased, and the spot transaction and order delivery of textiles dropped significantly in summer. The spot sale and order delivery of local fabrics decreased in summer, and the turnover of popular fabrics was shrinking, and the marketing of light textile market declined locally, resulting in a decline in the scale of circulation in May.

2, circulation volume index fell.

In May, the market turnover index closed at 911.37 points, down 3.07%. Due to the partial inadequacy of the domestic demand market, the procurement of textile fabrics in the textile market has dropped, the demand for dyed and printed fabrics has been shrinking, and the turnover of popular fabrics in the circulation market has been decreasing. The spot trading and the order delivery have been shrinking, and the profit margin of the running volume has decreased, resulting in a decrease in the circulation volume index in May.

3, circulation confidence index fell.

In May, the confidence index of the circulation market closed at 977.93 points, down 0.08%. 1. The market demand index has closed at 950.50 points, rising by 0.03%. 2. The judging index of variety profitability has closed at 968.94 points, rising by 0.18%. Third, the judgement index of our business position was closed at 1005.24 points, down by 0.35%.

Two, enterprise orders rebounded, production boom rising

In May 2020, the total business climate index closed at 1118.09 points, rising by 2.70%. Enterprise production orders rebounded. In May, the output of some textile printing and dyeing enterprises rose, and the output of some enterprises in Binhai printing and dyeing gathering area increased. The production boom index is rising.

Recently, some clothing brands in Europe and the United States have asked our denim enterprises to start a number of orders suspended and postponed before the outbreak of the epidemic. These orders account for more than 80% of the total online production orders. 80% of the denim enterprises surveyed showed that the downstream inquiry enterprises and small batch orders increased by 10% compared with the same period last month, and the domestic market also showed signs of starting. In addition to denim, single hole imitation Tencel, monofilament cotton, imitation acetic acid and quick drying fabrics have recently made more enquiries in production enterprises. Different from the previous orders of polyester taffy, spring Asian spinning and conductive fabric, although these fabrics are relatively small and have a small body size, they can reflect the demand for clothing slowly recovering from the side.

On the Tmall super category day black T-shirt special website, the two three acetic acid fabrics of Zhejiang Yi yarn textile technology Co., Ltd. were placed in a prominent position. Tmall has selected 10 high-quality black science and technology fabrics from the major fabric brands of the country to join the super fabric project. The company's filament and short thread two three acetic acid fabrics are in phase. This series of fabrics has powerful functions, such as cool feeling, good softness, strong absorbency and quick drying. Through the transformation of B oriented users to C end users, the sales volume of this series of fabrics is 3 times that of the same period last year.

Zhejiang Hengyuan Textile Co., Ltd. is an enterprise that specializes in providing textile fabrics for the middle and lower reaches of the textile industry. Recently, 12 large German knitting machines are being installed and debugged by the company. After the new equipments are put into operation, they can produce high quality cloth of different specifications, fill the shortage of high-end market in China, realize the specialization of the low-end fabric from the production to the production of high-end fabrics, and at the same time, increase the profit margin of the products.

Spinning front end equipment is being transformed in the renewal and middle end printing and dyeing workshop, and the pace of innovation in garment design at the end of the textile industry has not stopped. For example, the Zhejiang Huagang dyeing and weaving Group Co., Ltd., which was mainly designed and manufactured by men and women, last month, based on the latest cloth developed by the upstream enterprises of the industrial chain, the company designed thousands of kinds of men's clothing with strong personalization, small batch and complicated color requirements, which helped enterprises to solve the problem of enterprises being unable to survive because of the single style in the past and the cancellation of export orders. The problem.

Textile enterprises have broken through themselves in the innovation chain, and the government has made comprehensive measures to help enterprises overcome difficulties. In order to encourage enterprise technological innovation, Keqiao district has launched a series of "real gold and silver" support policies such as enterprise innovation incubation, enterprise R & D subsidy, bank loan discount, tax relief and so on.

1, output of innovative products has picked up, and the scale index has risen.

In May, the size index of manufacturing enterprises closed at 1342.45 points, rising by 1.94%. The demand for foreign trade domestic demand for textile printing and dyeing enterprises is rising, and the order of innovative fabrics is increasing. It has both fashionable elements, such as creative dyeing, printing fabric spot transactions and order taking. The summer apparel fabric spot transactions and orders taking up are rebounded, leading to a rise in the scale of production enterprise scale.

2, the output of products increased in summer, and the efficiency index increased.

In May, the efficiency index of manufacturing enterprises closed at 1297.95 points, rising by 5.74%. The demand for foreign trade domestic demand for textile printing and dyeing enterprises rose, and the fabric orders increased in summer. The demand for the new style products rebounded, and the efficiency increased.

3, the order of production enterprises is picking up, and the index of inventory turnover speed has increased significantly.

In May, the inventory turnover index of manufacturing enterprises closed at 1024.01 points, rising by 30.13%. The new style fabric orders rebounded, and the output of jet weaving, knitting and warp knitted fabrics increased. Cotton, hemp, polyester, other chemical fiber, blended materials and chemical fiber grey fabrics, blended fiber grey fabrics and polyester, polyester, viscose, cotton, linen and viscose fabrics have an uneven rise in orders. Orders for home textiles, window screens, curtains and home textile fabrics have gone up in an uneven fashion. The turnover rate of the fabrics has increased significantly, and the inventory volume has decreased, resulting in the inventory of the production enterprises. The turnover speed index increased significantly.

4, corporate confidence index is rising.

The confidence index in production boom closed at 803.81 points, rising 1.60%. Among them: (1) the index of market demand for production enterprises closed at 833.12 points, rising by 3.19%. (2) the judging index of manufacturing enterprises' ability to breed profit has closed at 818.73 points, rising by 2.44%. (3) the production enterprises' judgement of the business prospects of the enterprises closed at 770.64 points, down by 0.29%.

Three, the next total prosperity index forecast

In June 2020, the textile industry in Keqiao District of Shaoxing is expected to show a trend of contraction. According to the rule of past years, the orders for spring and summer fabrics in June have basically come to an end, and the market has entered the off-season. The consumption of textiles has a strong seasonal rule. After the season has passed, it is very difficult for them to have "revenge consumption" after this. Therefore, when the market enters the off-season, the demand is hard to reproduce in a short time. Because of insufficient domestic demand and partial foreign trade, the adjustment and transformation of textile products continued to expand. In June, China's textile and light city customers will be retracted from each other. The traditional market is ahead of the off-season, and the imported products will show insufficient trend in summer and autumn. The supply of local fabrics will not be enough in summer and autumn. In the summer, the marketing of public products will show a downward trend. In the autumn, there will be a partial shortage of orders and a slight decline in the June prosperity index.