China Fabric Factory Fabric News [Frontline Research] H&M’s boycott of Xinjiang cotton has caused public outrage, many European countries have once again closed their cities, and raw material prices have fluctuated sharply… The market is in a “troubled autumn”, how do textile workers respond?

[Frontline Research] H&M’s boycott of Xinjiang cotton has caused public outrage, many European countries have once again closed their cities, and raw material prices have fluctuated sharply… The market is in a “troubled autumn”, how do textile workers respond?



Time has come to the end of March, half of the traditional “Gold, Three, Silver and Four” peak season has passed. The much-anticipated “Shanghai Exhibition”…

Time has come to the end of March, half of the traditional “Gold, Three, Silver and Four” peak season has passed. The much-anticipated “Shanghai Exhibition” has just passed, and the busy figures of textile people appear in every corner of the market; But at this time, there were signs of a third outbreak of the epidemic in Europe. The originally super-high international oil prices fell back, driving polyester filament prices to begin to drop. In addition, the news that H&M, Nike and other international brands boycotted Xinjiang cotton began to ferment, detonating In light of public opinion, what do textile people in the industry think of this?

The gray cloth and fabric market is “polarized”

March is the traditional peak season for the textile market. Fabric orders for the spring and summer seasons are often placed at this time every year, but this year’s situation is slightly different from previous years.

First of all, the overall number of orders in the market has indeed increased. Mr. Zhang, the person in charge of a textile trading company that mainly faces the Southeast Asian market, said: “There have been more orders in the market since March. Containers are being shipped out one by one, and we contacted many customers at the previous Shanghai exhibition. Now we are busy every day.”

The busyness of the dyeing factory seems to confirm this. With such busyness, the entrance of the dyeing factory is full of gray fabrics. It is understood that the delivery time of the dyeing factories almost always exceeds 10 days, and some dyeing factories have even issued price increase notices.

But the corresponding However, the business of the weaving mill seems to be somewhat calm. Mr. Tang, the person in charge of a weaving company that specializes in twisting products, said: “Weaving orders have been relatively calm since March, and the current loom operating rate remains at 7 Although orders have been coming in one after another, there has not been the explosion of orders in the past few years.”

The “two-level differentiation” between the fabric market and the weaving market seems strange. But considering that there was a wave of traders hoarding gray fabrics in large quantities at the beginning of the year, it all makes sense. The “peak season” of the gray fabric market has already started after the Spring Festival, and it is inevitable that it has no stamina now.

Raw material prices rise and fall

Ju The price of ester raw materials has always affected the hearts of textile people. After the Spring Festival, driven by international oil prices, the price of polyester filament rose sharply, but this situation has reversed recently.

Due to the resurgence of the epidemic, German Chancellor Merkel announced on the 23rd that the epidemic closure measures would be extended to April 18. Previously, Italy, Hungary, Poland, the Czech Republic and other European countries have entered a new round of blockade. In response to such expectations, international oil prices fell sharply.

However, the blockage of the Suez Canal made it all seem to have turned around. On the morning of the 23rd, Cairo time, a The 400-meter-long ultra-large container ship “Ever Given” ran aground in the Suez Canal, forcing this important waterway in the world to be suspended. As a result, international oil prices rose by 6% on the 24th Eastern Time.

However, the price of polyester filament has not been affected, and the overall price is still in a downward range.

Affected by this, weaving companies have become more cautious when purchasing raw materials. The person in charge of the weaving company Mr. Tang said: “The raw materials in stock now can be used for about 25 days. They were all stocked up during the period when prices increased at the beginning of the year. There is still room for the raw materials to fall in the future. We are not in a hurry to restock. We can wait and see for a while.” Time.”

H&M boycotts Xinjiang cotton, textile people have something to say

However, compared with the fluctuations in raw material prices or recent market conditions, it has been affected by The level of attention received is far less than the incident of “H&M and other brands boycotting Xinjiang cotton”.

First it was H&M, then Nike, Adidas, etc., all of which are internationally renowned brands in people’s minds. However, even these well-known brands openly use unfounded reasons on their official websites. Boycotting Xinjiang cotton means eating and smashing the pot, which is really intolerable. In this regard, some senior practitioners in the textile industry also expressed their views.

The person in charge of the foreign trade department of a large textile trading company.Manager Li said: “The company mainly exports high-end garments, and orders are mainly from European and American countries. Indeed, some customers will ask for BCI when placing orders, because some local consumers recognize this. This certification belongs to Western countries with their A hegemonic standard formed by the right to speak within the industry over the years. In many cases, there is nothing that can be done about customer demands. Enterprises can only try their best to meet them, and they have to pay a lot of extra costs every year. If they want to resist this hegemony, they can only rely on the entire industry. The power of industry gathering cannot be achieved by one or a few companies. However, the public opinion is fierce now, and I believe that the situation will improve in the future.”

A trading company mainly engaged in outdoor fabrics The person in charge, Mr. Yuan, said: “The company has many European and American customers. Although it does not cooperate with H&M, there are many European customers. The impact is not yet visible at present, but this is not just their company. In the long run, all European customers may be affected. Impact. However, at this time, we will still follow the country’s lead, and at the same time we will vigorously expand the domestic market.”

Editor’s Note

Today’s textile market is in a “troubled time”. European countries have once again closed the city, and the price of raw materials has fluctuated sharply. Later, well-known foreign brands Boycott Xinjiang cotton… However, for textile companies, after experiencing the once-in-a-century COVID-19 epidemic in 2020, their ability to respond to various crises has made great progress. I believe that these “hurdles” are temporary. Textile companies Everyone can get through it eventually. </p

This article is from the Internet, does not represent 【www.factory-fabric.com】 position, reproduced please specify the source.https://www.factory-fabric.com/archives/7439

Author: clsrich

 
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