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The sudden news of the second epidemic has suddenly cast a shadow over the textile market that has improved slightly in the near future! At the beginning of the year, the epidemic in Europe and the United States was out of control, and the impact of the large-scale cancellation of textile orders has not been completely dissipated. The inventory of many textile companies is still backlogged in warehouses, or the payment has not been fully recovered.

With the second outbreak of the European epidemic, pessimism in the market will inevitably begin to spread. There is a strong concern about whether orders received will be cancelled again, and whether orders sent will be difficult to pay for.

According to an employee from a four-sided elastic dyeing factory, there are a lot of recent orders in their factory, and orders are from some major customers, and the orders are often hundreds of thousands or hundreds of thousands of meters. The factory is too busy making these orders, and some small and loose orders are no longer accepted.

However, many major customers in the factory have recently stopped their orders, and there are many grey fabrics piled up in the factory that cannot be produced.

When communicating with the company not long ago, he said that his friends have already had orders cancelled. Originally, European customers placed clothing orders to Myanmar and Vietnam to purchase their fabrics, but they have been cancelled due to the epidemic. .

This situation occurs mainly because these big customers are some finished fabric customers, and many domestic garment factories finally export their garments to foreign countries. Therefore, the foreign trade market and the domestic market are inextricably linked. In the first half of the year, the global epidemic was raging, and they did not dare to stock up, but in recent months their own stocks were exhausted. At the same time, news of the domestic epidemic under control gave them the courage to stock up again. As the end of the year is approaching, they are now beginning to stock up in large quantities, but the news of the European epidemic and the cancellation of the Christmas season made them lack confidence again. Once foreign markets are affected by the epidemic again, domestic garment factories will also bear the brunt, and clothing sales will also be affected. It may be a good choice now to stop production and wait and see!

At the same time, textile bosses have revealed that the crazy market in October may pay a heavy price after Double Eleven. That is to say, the winter clothing sales are not good, and it is difficult for clothing customers to pay the balance, extending the debt or clothing debts. That is, there will be a phenomenon that you will see at the end of each year that many hangers are placed in front of the market to sell down jackets and cotton clothes.

Another industry insider analyzed that most of the products on the market are currently "market orders". The characteristics of market goods are that they come and go quickly, and they do not last for long. Not all manufacturers can receive large orders of hundreds of thousands of meters or millions of meters. At the same time, most of the market orders are very price-sensitive, and the fabric requirements are not strict. Generally, they appear in the spot market, or some are relatively backward in the world. Poor area. Such orders are generally dismissed by brand clothing companies, and some ordinary clothing companies are operating.

There is a possibility of a second outbreak of the global epidemic in the near future. Ordinary clothing companies have limited ability to withstand risks, and they are not willing to take the risk of unsalable clothing and overstocked inventory to purchase large quantities of fabrics. Therefore, the number of market orders this year is relatively limited compared to previous years, and the recent second outbreak of the European epidemic has exacerbated the cautious atmosphere in the market.

Regarding this wave of development boom in the domestic textile fabric industry driven by domestic demand and foreign trade, industry professionals generally believe that the domestic apparel industry as a whole is still in a historical predicament.

Cheng Weixiong, a textile and apparel brand management expert, said that the epidemic has had an impact on my country and the global supply chain market. The global market has not yet fully recovered and improved. It is too early to talk about the outbreak of my country’s textile industry at this time. “The entire industry is still slowing down. A state of drowsiness requires a recovery cycle."

Taixing Hongyang New Material Technology Co., Ltd. has a professional R&D and production team, introducing advanced technology and equipment, and is committed to producing high-quality polypropylene high-strength yarns, polypropylene air-changing yarns, polyester air-changing yarns, ribbons and other products! The company is still growing, and we look forward to working with you for a win-win cooperation!

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