In May, the market began to have a different sound. Although most companies still report that orders have shrunk significantly year-on-year and production and sales are still difficult to balance, some companies are slowly starting to get back on track.
Some time ago, after the United States used its ultimate trump card against the Huawei incident, the trend of Sino-US trade relations began to be included as one of the events that textile people are concerned about, but the terminal The recovery of demand is slow and the placement of foreign trade orders is still sluggish. Therefore, the impact of this incident on the textile industry is not significant. Not only that, recently, the US market demand has begun to slowly recover.
Recently, Mr. Zhang, a weaving company specializing in home textile products, told the editor: “Our order situation has been good recently, and the factory has no time to make the products. Mainly It makes home textile products and supplies them to Wal-Mart in the United States. In the early days, there was still some inventory in the factory, but recently there is basically no inventory. We have stopped accepting other customers, and now we only serve this one customer, and the order volume is relatively large.”
At the same time, another trader in home textiles and clothing fabrics also said: “Recently, we have also received orders for home textiles sold to the United States. Although the volume is not large, it is still higher than the previous order. This is a signal that foreign trade is slowly recovering.”
Affected by the business shutdown in major export markets such as the United States and Europe, consumer demand has been sluggish. Since late March, The export orders of my country’s textile enterprises have dropped sharply, and overseas customers have continued to increase their cancellations of orders and delays in receiving goods. The industry’s export situation is relatively severe.
According to customs data, my country’s textile and apparel exports totaled US$47.88 billion in the first quarter, a year-on-year decrease of 17.8%. Among them, textile exports were US$24.04 billion, a year-on-year decrease of 15.3%; clothing exports were US$23.84 billion, a year-on-year decrease of 20.2%. In the first quarter, my country’s textile and apparel exports to the United States, Japan and the European Union decreased by 29.2%, 16.8% and 14.3% respectively year-on-year.
In May, the market conditions have recovered slightly, and the sales volume has also improved compared with the previous period. According to statistics from the China Silk City Network, the current inventory of gray fabrics in Jiangsu and Zhejiang has declined compared with the previous period, and the current inventory of gray fabrics is concentrated at about 41 days.
Home textile products as conventional textile products As part of this, foreign trade demand has begun to recover slowly recently. The editor believes that there are two reasons.
The number of confirmed cases of the epidemic in the United States exceeds 1.61 million, and the consumption of medical bed sheets is large
Mr. Zhang of the weaving company mentioned above said frankly that the large volume of home textile exports this time has something to do with the seriousness of the epidemic in the United States.
According to the latest real-time statistics from Johns Hopkins University in the United States, as of 17:30 on May 23, Eastern Time, the number of confirmed cases of new coronavirus pneumonia in the United States The number of cases has exceeded 1.61 million, at 1,618,471, with 96,875 deaths.
The number of confirmed cases and deaths in the United States is increasing day by day, and the consumption of hospital sheets, quilt covers, etc. is huge. Due to the particularity of the new coronavirus epidemic, these sheets, quilt covers, etc. naturally cannot be used Reusable, can only be used as a disposable product. Judging from the current situation in the United States, the purchase of home textile products by hospitals is just like the popular “body bags” at that time, which is a product gap derived from the epidemic.
Orders were stagnant in the early stage, and orders are now being released intensively
In the early stage, affected by the epidemic, international logistics and demand were basically at a standstill, and foreign trade orders were almost stagnant. Although the foreign epidemic is still spreading, many countries have reopened economic activities on the basis of basically controlling the epidemic, and international logistics is gradually recovering.
In addition, July and August are the off-season for textiles, and most foreign trade orders in the second half of the year are placed in May and June. Now is a good time. , then orders that were previously canceled or delayed due to the epidemic may begin to be released intensively during this time period.
Editor’s note
Although it can be seen from the situation of some enterprises that the foreign trade market is slowly recovering. , but we still cannot ignore that the global economy has slumped under the pressure of the epidemic and the global market demand for textiles has not increased significantly. In addition, the textile market itself has overcapacity and low-price competition. Even if demand begins to recover, it will be dispersed to every textile industry. In human hands, there are very few.
</p
