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"Shortage Of Single" Textile Enterprises Are Facing A "Broken Kitchen", The Prospect Of Cotton Industry Is Worrying.

2020/4/2 14:43:00 0

Cotton Industry

Last weekend, textile and clothing, home textiles and toys industry more concentrated in Jiangsu Yancheng, Nantong some industrial parks, again came to a certain clothing factory, bedding company or yarn cloth factory stop production information. A textile factory in Yancheng, Jiangsu before the founding of the people's Republic of China for the front of the production of clothing and clothing in recent days because of the lack of production orders, business difficult to continue and announced the break off work. According to people in the industry, since the return of textile enterprises in mid and February of this year, most companies are producing orders signed before the Spring Festival. Most of these orders are large and small, but most of them can be renewed in normal times. At present, in the industrial parks of Yancheng City (county) and town level in Jiangsu, some spinning enterprises can produce the order business from the end of April to the beginning of May, while others finish the order task within one or two weeks. Because of the "new crown pneumonia" epidemic situation before and after the Spring Festival, most textile enterprises purchase "empty" after the festival. The order that can be renewed continuously is not processed or postponed. After the epidemic, orders are few. This is no doubt that the small and medium-sized private textile enterprises, which are mainly engaged in domestic sales, are a "broken food" signal. Of course, all domestic enterprises, or foreign trade enterprises, do not have the support of the growing consumer market at home and abroad. Upstream cotton production, textile, clothing and home textiles can only form "barrier lake" or circulation obstruction.

At present, after the outbreak of the "new crown pneumonia", multinational blockade, circulation block, economic operation interruption, international market rapid circulation slowed down or even stopped. As a major importer of cotton textile products in the European and American markets, China is faced with the prospect that the United States and other countries are facing a severe outbreak.

It is reported that in the Yangtze River Basin, cotton production and processing of clothing, home textiles and other enterprises in the majority of industrial gathering area, after the resumption of work to complete the delivery of orders, but failed to guarantee the subsequent production of enterprises, from the clothing production enterprises began to stop, followed by mainly rely on orders to maintain daily production of bedding, cotton toys and other enterprises closed down, these enterprises are mostly products for foreign trade special type. Customized, foreign market is strong, and there is no possibility of domestic sales buffering. And the yarn enterprises that are still producing, after completing the supply orders with the famous textile and garment enterprises in the coastal developed cities or Guangdong, Shenzhen and other places, also because the downstream enterprises are blocked by export and the joint nature has stopped running.

The chief executive of Jiangsu Dafeng Yi textile company admitted that domestic sales are also linked to the big market. Although they are matching suppliers with the famous brand clothing enterprises, the foreign trade operation of the products allocated to the partners is blocked, and the upstream supply is damaged. As part of the textile and clothing and home textile industry is temporarily shut down or a large area is shut down soon, the price of cotton also goes down, but in the "super low" period and the spot cotton market, few people dare to act in a big way to hoarding cotton, but rather become more vigilant in lowering the storage of raw materials and products. Because more people in the industry believe that the consequences of such a global epidemic will not be clear now. In the face of the turbulent epidemic situation in Europe and the United States and the performance of each of them, the market will be very variable in the future. Therefore, structural adjustment is inevitable, and industrial stagnation is inevitable under the stage and regional economic depression. Therefore, as the main body of the product is linked to the cotton industry involved in foreign trade, the most important thing is to preserve and survive at the moment.

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