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    Textile Export Orders Level Is Still Not High, Gray Inventory Generally Rose To 20 Days.

    2020/6/7 12:15:00 0

    OrderLevelGrey ClothStock

    Although foreign epidemic situation has been curbed, many countries have been released from work, but the global economic recovery is expected to take some time. At present, textile export orders are still not high. Many enterprises have skipped summer orders and directly hit the autumn and winter fabrics. The inventory of textile mills is still high, and the textile industry chain is waiting for improvement.

    A textile supply chain company in Shaoxing said that taking into account the downstream weaving, clothing, foreign trade enterprises and other direct "skip" summer orders, direct typing, sample, machine autumn winter clothing, so 40S or more combed or combed India and Vietnam yarn rarely inquiry, transaction, in March, traders to buy and operate the center of gravity is OE yarn, C32S and the following combed ring spinning; The company reflects its customers in Shaoxing, Lanxi, Ningbo and other places (cloth factory) gray stock generally rose to 20 days or even more than 25 days, only through two shifts, one way or the following way, turn on the way and many other ways to reduce production capacity and inventory risk, but it can not stop production and leave. On the one hand, it has the ability of technology and ability to recruit workers. Once the order arrives, the quality of fabric and supply stability are not. There is a way to ensure that, on the other hand, discontinued production or trigger bank loans, upstream suppliers to run money and so on, it is easy to trigger a "false shutdown" into a "real bankruptcy".

    A foreign trade company in Suzhou reflects that up to now, the number of orders from several major European customers such as Spain and Italy has returned to 40-50% at the same time last year. Not only is there a large list, but also the price of the contract is very low (the factors such as depreciation of the RMB exchange rate are taken into account by the buyer). Because of the continuous rising of raw material prices, high labor costs, and the worry of frequent debugging of equipment and influence of production capacity due to varieties, domestic textile and garment enterprises are more resistant to small batch and no profit orders. Some enterprises prefer to cut down production or shut down, and do not plan to take such export orders.

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