Today is the third day of the National Day Golden Week, and it is also the last day off for most textile workers. However, a friend of the editor complained: “Don’t mention the three-day holiday, I didn’t even have a day off. Take the initiative to go to the company to work overtime to inspect, roll and ship.”
40-foot containers are in short supply!
The editor is also curious, is this because there are many orders? The salesman shook his head and said: “The orders in September have improved, but they are not particularly good. Every year before the National Day or Christmas, the price of containers rises very sharply. This time it is because we placed the order late. Those who have not ordered before the National Day can only work overtime to deliver goods during the holidays.”
Since September, foreign trade orders have improved significantly. With the increase in orders, it has caused a shortage of containers, especially 40-inch large container. And according to the predictions of relevant people, the container supply problem will not improve much in the next few months. And the price will also rise accordingly. According to a foreign trade salesperson, “It is very difficult to order a 40-foot container now. If you can’t order a full container, you have to combine containers. If that doesn’t work, you can only ship it after the National Day.” ”
The editor would also like to remind traders to make preparations in advance and do not cause delivery due to inability to book space. Can’t catch up!
The return of foreign trade orders may accelerate!
A few days ago, good news broke out. Since many export-oriented textile companies in India were unable to guarantee normal delivery due to the epidemic, orderers have canceled their orders in India and transferred their orders to China. Among them, home textile products are the main products.
At present, the epidemic in India has not been effectively controlled, but some overseas countries need to stock up in advance because they are preparing for the Christmas season. This period is just right. It is a time for concentrated orders, so the order volume is large. However, due to the impact of the epidemic, India is unable to complete such a large batch of orders. In this case, the order can only be transferred to China for production.
In addition to the reshoring of orders from India, it is understood that orders from Southeast Asia have also shown a clear reshoring trend recently. “Recently, many orders from American companies require that they be processed in Chinese factories instead of being placed in Southeast Asia.” A company said the processing plant manager. Coincidentally, another trader also felt deeply: “Our order volume this year is actually about the same as last year. Last year, many orders were not placed with us and were transferred to Southeast Asia. But this year, China was the first to control the epidemic. And the control is relatively good. After comprehensive consideration, they transferred this part of the order back.”
According to the survey, there are many cases of neighboring countries transferring orders back to China. Before the epidemic, no purchaser planned to increase purchases from China in the next five years. After the epidemic, 13% of purchasing managers expected to increase their share of China. Analysis by the Chamber of Commerce for Textile Import and Export believes that despite the spread of the global epidemic in the second quarter, China’s stable epidemic situation has highlighted its advantages and attracted the return of orders.
Editor’s Note
This series of news undoubtedly recognizes the strength of Chinese textile companies. Some traders have said that what was transferred out before were mid- to low-end fabrics, while high-end and complex fabrics can only be completed in China, and China’s complete industrial chain is unmatched by any other country. During the previous epidemic in China, when work and production were unable to resume, there was a “cut-off” of fabric supply in Southeast Asia. Various events have shown that China’s product and industrial chain advantages can still attract customers to transfer back their “flight” orders.
But at the same time, there is still a lot of export pressure on foreign trade orders. As the epidemic in Europe shows signs of rebound, many returned orders from Southeast Asia and India are ultimately exported to Europe and the United States. These epidemics have not yet been resolved. Countries that have effectively controlled the epidemic will continue to take relevant measures once the epidemic breaks out. By then, these returning orders may face the hidden danger of being canceled again. </p