Recently, there has been constant good news in the textile market. Crude oil has risen, polyester yarn has risen, gray fabric has risen, and dyeing costs have risen….
The main reason for this round of market is the continuous rise in international oil prices, which has caused the prices of PTA and ethylene glycol to also rise, thus driving up the demand for polyester yarn. rise. Driven by polyester filament, the price of gray fabrics has also increased slightly. In order to reduce cost pressure, weaving manufacturers are very willing to raise prices. However, whether they can support the continued development of the market depends on the terminal orders.
Domestic trade orders have decreased, and foreign trade orders have begun to increase
Judging from the current order situation, many textile bosses have said Compared with November, the order volume shows obvious signs of decline in domestic trade orders, but foreign trade orders are increasing.
A trader said: “Customers in Bangladesh have placed more orders recently, probably as many as a year ago. Domestic trade is all small orders, and foreign trade has received about 180,000 orders. Rice peach skin velvet.”
Traders who mainly focus on pongee fabrics also said: “At present, customers are taking more goods than before, mainly foreign trade orders, which are used to make next year’s autumn and winter clothing. By early January.”
Another person in charge of the company also revealed: “Although this year’s foreign trade orders are not as good as in previous years, it should not be a problem to meet them before the year.”
In terms of dyeing factories, some dyeing factories are doing booming business. , it takes at least 2-3 days to press the card, and most of them take 9 days. The products sold are mostly elastic fabrics (four-way elastic, T400), as well as pongee, polyester taffeta, etc.
In order to avoid the window period for domestic production, foreign trade customers will place orders in advance. However, judging from the varieties currently ordered, most of them are We are preparing for the autumn and winter in the second half of next year, but there are not many orders in spring and summer. The reason is that foreign customers are not very optimistic about the market in the first half of next year.
The UK has implemented the highest level of blockade restrictions, and orders for next spring and summer are still very high
Moreover, there have been recent recurrences of foreign epidemics ：
“According to Overseas Network, British Prime Minister Johnson announced that the British capital London and parts of southeastern England and eastern England will start from Sunday (20th) morning The highest level of “Level 4” lockdown restrictions has begun.
Reports indicate that the stricter restrictions announced in the short term are in response to the severe situation of rapid spread of the new coronavirus after mutation. The new variant of the virus is currently considered to be stronger than the original virus. The strain is 70% more transmissible. The British side stated that the new variant may have spread to foreign countries, and the most urgent task at present is to ensure that the variant virus does not cause higher mortality.
Germany “locked down” again last week, and this week the UK implemented the highest level of lockdown restrictions, and It brought even worse news: the virus has mutated, and the infectivity may increase by 70%, and the new variant may have spread abroad. It is understood that some British people evacuated London before the lockdown, and they left the city in droves, extremely It is possible that the virus will be imported to other regions, and we don’t know whether the previously developed vaccines are still effective against the mutated virus. This news is a big negative for the foreign trade market in the first half of next year, and may even lead to the The spring and summer orders made are once again facing cancellation.
And some foreign trade companies are also worried. Since foreign trade shipments are now “hard to find”, sea freight has risen crazily, and traders are unable to deliver orders on hand. has become a big problem, and due to the epidemic, workers may return home early, and the production speed of all aspects of textiles will slow down. If the delivery date is not met, customers may directly cancel the order. Once canceled, this batch The goods are “bad” in their hands and it is difficult to cash out, and there are a lot of money needed at the end of the year, so many traders are eager to ship goods to prevent the above situation from happening.
A foreign trader Revealed: “Originally there was a batch of custom-made nylon, polyester and black silk, but the customer was afraid that the delivery would be missed, so he asked us to find similar fabrics instead. “
Another trader of women’s clothing fabrics reflected: “I am placing orders for next spring and summer. Now we are all new customers who pay a 30% deposit in advance, and the remaining 70% will be shipped. I am afraid that there will be Sudden cancellation of orders. ”
It is true that the current order situation in spring and summer is not good. Originally, from mid-November to March and April next year, next year’s spring and summer orders will be placed one after another, but during this period Orders for spring and summer, which are mainly imitation silk, are still pitiful. It can be seen that the market still lacks confidence in the spring and summer market next year. In addition, due to the epidemic in the first half of this year, foreign epidemics broke out and various countries implemented “blockade orders.” �Shopping malls outside the country have been closed, resulting in bleak sales of spring and summer clothing in the first half of this year. Clothing companies have accumulated a large amount of spring and summer clothing inventory that needs to be digested next summer. This has also led to clothing companies’ low demand for next year’s spring and summer fabrics. It will be huge.
Although today’s textile market is driven by costs, the prices of both polyester and gray fabrics have certain support, but from the perspective of downstream orders, it is still full of variables, and in Foreign trade textile bosses have been under great pressure during this period. Although the research and development and implementation of vaccines are progressing rapidly, we still need to pay attention to overseas epidemic outbreaks, especially in Europe. There has been news of Germany and the United Kingdom closing their cities. In the spring of next year Order cancellations are very likely to occur again in the summer, and textile bosses need to control risks!
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