Recently, the WHO has listed four “new coronavirus variants worthy of global attention”. Among them, the Delta variant is coming fiercely. At present, It has spread to more than 80 countries or regions around the world and is still spreading rapidly. This strain is not only highly contagious, but infected people are more likely to develop severe disease. The WHO said that Delta is becoming the main prevalent mutant strain in the world.
It is understood that currently Singapore, Germany, and Peru , Kenya…Many countries around the world have successively reported new cases of new coronavirus infection with the Delta strain. In particular, the epidemic in the UK has rebounded sharply recently. According to statistics released by the UK on the 19th, in the past 24 hours, there were 10,321 new confirmed cases of COVID-19 in the UK, and the number of newly confirmed cases exceeded 10,000 for the third consecutive day.
While the world is rushing to vaccinate and the weather is getting hotter, overseas epidemics are still breaking out. This is not good news for the textile industry in the off-season.
Overseas blockade has intensified again
According to news reports, only Oman, which lifted most of its restrictions a few weeks ago as part of its vaccination campaign, was hit by the Delta strain and resumed strict nighttime lockdown measures starting on the 19th. The UK has also begun to extend its domestic blockade due to the recent raging delta variant of the virus. British Prime Minister Johnson announced on the 14th that the date for full unblocking will be postponed by four weeks to July 19.
According to Japanese media reports, Japan is led by Delta The number of new coronavirus infections caused by the virus strain is growing faster. As the state of emergency in nine states, prefectures and counties ended on the 20th, local leaders urged the central government to take decisive measures to prevent the arrival of the fifth wave of the new crown epidemic. Japan will cancel its plan to set up Olympic TV live viewing areas in six public places in Tokyo.
my country’s textile industry is highly dependent on foreign trade exports, especially markets such as Europe, the United States and Japan. The epidemic is currently raging in Europe. Last year, imports of various textiles from my country exceeded 360 billion yuan, while Japan also imported more than 144 billion yuan. This year, because the epidemic situation in the above-mentioned areas has not improved, many domestic companies have suffered heavy losses.
According to a person in charge of a foreign trade textile company , their orders mainly come from European clothing brands. Last year, orders dropped by about 50% due to the epidemic. This year I thought the market would improve, but the epidemic in Europe has not improved. Their foreign trade orders are not as good as last year, with a 30% drop on last year’s basis.
The epidemic has cast a shadow on foreign trade orders
For textiles For people, the lack of orders caused by the epidemic is not scary. What is scary is that they have just received foreign trade orders and the overseas epidemic broke out. After all, the outbreak of the epidemic in Europe and the United States at the beginning of last year caused profound pain to us textile workers due to order cancellations and delays.
Although the recent textile market is in the off-season, some Fabric orders are still relatively abundant. Especially for orders for autumn and winter cold-proof clothing fabrics, many textile companies are optimistic about the market in the second half of the year and began to stock up on fabrics as early as May. However, most of these orders are in the middleman stage, and it is difficult to flow downstream in the short term. Now that the epidemic has recurred in many overseas countries, it will inevitably affect the delivery speed of these orders, and the financial pressure on these textile companies may increase in the future.
In addition, textile companies that are currently receiving orders are also worried. According to a foreign trade company, they had no orders in May and have been making samples. Recently, we finally received a big order, nearly one million meters of four-sided bombs. The fabrics are exported to India, but ultimately the garments have to be exported to the European market. The recent exchange rate is also pretty good. They were quite confident originally, but recently they heard that the epidemic in Europe is worsening, and they are a little worried about orders. After all, if customer orders cannot be shipped smoothly, it will be difficult to get back the payment in time.
Before the overseas epidemic situation improves, textile companies generally lack confidence in the market. Especially during the off-season, lockdowns or extended lockdowns often occur, which poses huge risks to orders that are rarely received.
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