International News
On the evening of November 1, Member of the Political Bureau of the CPC Central Committee, Vice Premier of the State Council, and Chairman of the China-U.S. Liu He, the Chinese leader of the economic dialogue, had a phone call with U.S. Trade Representative Lighthizer and Treasury Secretary Mnuchin as requested. The two sides had serious and constructive discussions on properly resolving their respective core concerns and reached a principled consensus. The two sides discussed the next step of consultation arrangements.
Sino-US trade relations have far-reaching consequences
The back-and-forth of Sino-US trade relations has always had an impact The textile market. Regarding the issue of weak foreign trade orders this year, the editor visited some foreign trade companies. Most of the companies answered that they are affected by foreign trade policies, especially the huge impact of Sino-US trade relations. Although the current Sino-US trade war has not actually affected the fabric industry, many textile bosses say they dare not easily accept orders from the US market this year. In the context of the Sino-US trade war, many other countries have also made adjustments to tariffs, so tariffs are also an important factor affecting companies’ orders.
Onthesurface,theSino-UStradewarhasnodirectimpactonthefabricindustry,butinfacttherearehiddenandfar-reachingimpactsthataredifficultforustodiscover.Therefore,foreigntradeordershavedecreasedthisyear.Forthisreason,manyforeigntradecompaniesdonotconsiderenteringtheUSmarket,butthepurchasingpoweroftheUSmarketisverystrongandtheordervolumeisalsolarge.
Sincethisyear,theordersituationhasbeentepidandhasnotimprovedsignificantly.Itcanbesummarizedas”smallbatch,multiplebatches”.Marketordersarerelativelyhot,butafterall,itisjustanexplosivestage.Thedomesticmarketdemandisweakanditisdifficulttomakesubstantialchanges.Thesituationofforeigntradeisalsoaverage.Thelackofdomesticsaleshasalsoaffectedforeigntradetoacertainextent.Foreigntradecompaniesarenotlivingcomfortablythisyear.
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A salesperson from a printing and dyeing factory in Wujiang area said: “Currently, the factory’s work is mainly based on market products such as T400 and T800. There are not many orders. There have been few orders this year.”
Foreign trade orders have not yet started, and there is a lack of large-scale sales. Order
A person in charge of a trading company in Wujiang region revealed: “The overall foreign trade is sluggish this year, and the order volume has decreased by more than 30% compared with last year. There have been very few orders recently, and several orders have been placed. Sitting and resting in the company. Our company mainly places orders for fabrics based on nylon and pongee, but currently we only have several kilometers of nylon and pongee. There were only a few orders for pongee in the first half of the year, and one order for the second half of the year. No. At this time in previous years, the volume of nylon silk spinning and pongee spinning has started to increase, but there has been no movement this year.”
The above-mentioned boss Bu talked about the current situation of the company. Although it is a small company, it can also reflect the foreign trade situation in the emerging stage. It is understood that the current foreign trade market orders are still in a stable period, with little change from September. The foreign trade situation this year is complex and changeable. The foreign trade orders of some companies have been reduced by 1/3. Especially during the off-season of July and August, there are basically no orders to do. Even if there are orders now, they are all calculated in thousands.
Looking back at the past, foreign trade orders at this time have been placed and foreign traders are busy coming out. The printing and dyeing factories have already been “exploded” by market orders and foreign trade orders, with delivery times as long as 20 days. Nowadays, orders are being placed sporadically, not to mention foreign trade orders. The delivery time of printing and dyeing factories has also been shortened to 5-7 days.
小EditorViewPoint
The traditional “Golden Nine and Silver Ten” period has ended. When will foreign trade orders be placed next? The editor believes that many foreign trade orders come from brands, and the total clothing sales are expected. According to past ordering experience, foreign trade orders for next spring and summer will start from mid-November and continue to be placed until March and April next year. In addition, as Sino-US trade relations ease, the foreign trade market is more likely to pick up. It can be seen that it will take some time for foreign trade orders to be issued in a centralized manner, and the cloth boss needs to wait patiently. During this period, he can make preparations for subsequent orders.
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