June Foreign Trade Index Analysis: The International Market Is More Weak, In June, Keqiao'S Foreign Trade Marketing Volume Fell.
In June 2020, the foreign trade prosperity index closed at 630.93 points, down 5.49%, down 12.95% from the beginning of the year, down 9.12% from the same period last year. The foreign trade price index closed at 157.11 points, down 5.68%, down 6.74% from the beginning of the year, down 6.80% from the same period last year, and the foreign trade confidence index closed at 637.56 points, rising by 11.89%.
In June, the export volume of textile and clothing in Keqiao District of Shaoxing decreased, and textile exports showed a downward trend. Because of the impact of the epidemic, all walks of life have been greatly impacted. The textile industry is no exception, especially in the field of foreign trade. Most of the textile and foreign trade enterprises have experienced unprecedented challenges due to the cancellation of orders, the reduction of production, the difficulty in collecting goods and the poor logistics. In particular, the recent outbreak of the epidemic has made the newly emerging foreign trade situation in a serious and complicated situation. For enterprises, it is still necessary to wait for the warm-up. The international market is much weaker, resulting in the 20200625 phase of the foreign trade boom index down, and the foreign trade price index down.
First, the overseas market is down, and the foreign trade prosperity index is down.
In June, the prosperity index of foreign textile enterprises in Keqiao District of Shaoxing decreased. In June, the global epidemic continued to escalate. Fashion became a dispensable commodity and "chicken ribs". It was the first commodity that consumers in all countries reduced. The clothing industry suffered the most severe blow, sales cliff clipper fell, the mainstream market import and export fell sharply. Export enterprises generally believe that the foreign trade business is light, the industry will face the big test again, and the small and medium-sized export textile enterprises will again face the crisis of production and downtime. Among them, the foreign trade prosperity index of chemical fiber filament fabrics decreased by 12.51% compared with the same month, and the index of stimulating foreign trade prosperity declined.
1, multinational port congestion, importers or abandonment.
In June, many ports in South America, Africa and Asia were congested. We should guard against the abandonment of importers when the epidemic is spreading and the economy is flagging. In early June, Santos, the largest container port in South America, was heavily congested in Brazil. More than 70 ships were queuing up to load sugar for export, and buyers from all over the world rushed to buy goods before the epidemic could affect them. All ships were shipped or completed for a month. However, not only Santos, but also some ports are being congested. Many ships that ship goods to the Nigeria harbour are forced to wait for 50 days at the berth before they can enter the port to unload fully loaded containers, causing serious congestion in each port. The Cape Town container terminal in South Africa is being seriously affected by the epidemic. The ship has been docked for up to a week. This forced the shipping company to serve the South African route to reset the sailing schedule and impose a port congestion surcharge on the shippers who continue to use the eastern Cape Town port.
2, the United States added a tariff exclusion list to China to add 34 products, including 8 categories of textile and clothing products.
In June 8th, the United States Trade Representative Office (USTR) announced the fifth batch of exclusion lists for 300 billion dollars of Chinese products to levy tariffs on List4A, including 8 categories of textile and clothing products (completely excluded) and a variety of light industrial products. The exclusion period is from September 1, 2019 to September 1, 2020. At present, the United States has ruled out tariffs on the 30 batch of goods exported to the United States. Since the outbreak of Sino US trade frictions, many enterprises in China have been dealing with customs duties through the way of re export trade. An export trader said that they had previously shipped goods to third countries, such as Malaysia and Thailand. When goods arrived in third countries, they would change their cabinets in the bonded area, produce certificates of origin in third countries, and then export them to the United States in the name of a third country, so that the US tariffs on China could be evade 25%. However, experts suggest that the re export trade of third countries should not be carried out, because such entrepot trade may achieve the goal of avoiding such tariffs in the short term, but the United States is currently investigating more and more efforts to avoid various customs duties (anti circumvention investigation). Perhaps the proportion of verified is not very high at present, but the investigated enterprises may face administrative heavy penalties and even criminal liability. Therefore, we must put an end to the long-term plan to avoid tariff through re export trade in third countries. So how should enterprises respond to tariffs? Experts say that enterprises can deal with tariffs through a third country's processing mode. We should fully understand the origin of the US Customs and the "substantive changes" in the processing of third countries.
3, the international market is much weaker, and export enterprises seize the domestic market.
"Our foreign trade orders have been cancelled." Zheng Zhiguang, general manager of Xin Ling long textile in Shaoxing, was somewhat helpless when he mentioned the epidemic situation. He said that due to the epidemic, orders sent to Japan, South Korea and Taiwan were cancelled, resulting in considerable losses. In order to get out of the difficulty, Xin Ling long textile has turned its attention to the domestic market. "Facing the challenges brought by the epidemic, we are also changing our thinking. At present, efforts are being made to develop the northern market, mainly in Dalian, Qingdao, Weihai and other places. According to Zheng Zong, with the increasing demand for functional fabrics in China, the orders in the near future tend to be good. The processing orders of two factories in Guangdong and Keqiao are already full. In addition, the company also developed R & D advantages, successfully developed a mask can be used to produce antibacterial fabrics, Japanese customers have placed orders.
4, the foreign trade is blocked, and the marketing force is diversified.
"This year's epidemic has disrupted our pace." Zhao Jianye, general manager of Shaoxing textile, said that the company is concentrating on domestic sales and shrinking foreign trade, thereby reducing the impact of the epidemic. Although the company did not encounter any delay or cancellation of orders during the epidemic, the partners encountered difficulties, which made their business situation undeveloped as expected. However, Zhao said that in this special case this year, the acceleration of domestic sales is the best way to break through. "Our customers are mainly concentrated in Beijing, Shanghai, Guangzhou and other places. At present, acetic acid and silk products are best sellers." According to Zhao, the company's main lightweight fabric is just in line with the needs of the season, so the company is making every effort to seize this "rare season". We are trying to combine online and offline marketing. Not long ago, Zhao took part in the special exhibition of the 2020 "Silk Road Keqiao", which was hosted by the global textile network and the online Textile City. In the live broadcast, Zhao general introduced in detail the yarn dyed yarn dyed fabric series, and displayed it in combination with sample clothing and color card to attract many customers. Zhao told reporters: "online sales are ushering in a new upsurge. In the future, we will actively plan the online market." Although the epidemic has brought the foreign trade enterprises to a "darkest moment", they did not shrink back, but welcomed the challenges in a bold manner. Especially in the post epidemic era, these foreign trade enterprises have reversed the situation by innovation and struggle and made the development situation in an invincible position. I believe that in the near future, we can see that they are speeding up on the main track of foreign trade.
Two, export prices continue to shrink, and the foreign trade price index is down.
In June, the foreign trade price index showed a downward trend. Among them, the daily price index of household textile and textile fabrics fell by 5.44%, and the total price index of foreign trade decreased.
1, the public order is insufficient, the foreign trade price falls.
In June, the foreign trade market was more and more depressed, and the orders of the popular fabrics were still not improving. Especially, the orders for the simulated silk products which were usually done were almost extinct. Due to the lack of foreign trade orders, the days of weaving mills and dyeing factories are also very tight. Many enterprises have experienced workers' turn off and machinery and equipment limited production. Orders for the public fabrics are much insufficient, foreign trade prices are falling, online and offline integration, foreign trade to domestic sales, and industrial chain work together to tide over difficulties. Many enterprises have become effective measures to deal with risks and reduce losses.
2, orders for foreign trade clothing enterprises have dropped sharply, and foreign trade prices have dropped.
The epidemic situation is still spreading abroad, and the serious loss of foreign trade clothing enterprises caused by the epidemic has not stopped. Large clothing brands are still hard to avoid losses under the impact of the epidemic, not to mention other clothing companies. Terminal demand is still hard to recover. For the textile industry, the demand for foreign trade clothing enterprises has been reduced sharply, losing money and accumulating inventory. The demand for fabrics and grey fabrics has naturally decreased rapidly. The global trade has shrunk dramatically in the wake of the new crowding around the world. At the same time, in June, the clothing industry also came to the news of bankruptcy. Some famous brands even suffered the worst and embarked on the road of bankruptcy. The impact of the epidemic is unprecedented. The price of foreign trade in textile and clothing has dropped, and public orders are still insufficient.
3, the international market is much weaker, and foreign trade prices are still weak.
"We all said that last year's market was bad, which was 50% worse than the year before," said Wang, who is the head of a textile and foreign trade enterprise. "The market in June is worse than last year. The number of orders was only 10% to 20% last year. Although this period of time said abroad to resume work, but the order is no improvement, before what is, what is still going on. This is the life of the foreign trade textile industry. Some enterprises have survived, and some enterprises are still struggling, and the prices of the public products are much weaker.
Three, the next forecast of foreign trade index
For the export situation in July 2020, textile and garment exports are expected to show a trend of smaller than expected. Due to the fact that foreign epidemic situation is still not fully controlled, a large part of foreign textile and fabric enterprises will be in difficulty in order connection. It is very likely that there will be a situation of "no green leaves" and "no meal at all." It is estimated that some foreign trade orders will still decrease in July. Affected by the global epidemic, foreign trade orders in July are still relatively inadequate. In the case of relatively stable epidemics, the market inflection point will appear in the three quarter.
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