Apparel / Textiles & Accessories

Vietnam has recently suffered from the severe impact of the new crown epidemic. According to news from Taiwanese media, it has been reported that an employee of Anpuxin, a Taiwan-funded enterprise in Binh Duong Province, Vietnam, has been diagnosed. The local government ordered the factory to be closed immediately. All employees waited in place and screened. . It caused panic among other Vietnamese employees in the factory. They collectively rushed to the factory gate and wanted to leave. Even when faced with the blocked iron gate, hundreds of employees worked together to "shake" the factory gate, and then fled the factory.

According to local media, Anpuxin has a total of 5,900 employees in the factory area in Vietnam. After an incident in which employees fled the factory area, the local competent authority stated that it had asked employees to come back for screening, but did not disclose how many people fled. It was not disclosed how many people did not come back for screening.

The epidemic counterattack is serious

New diagnoses in multiple countries in Southeast Asia hit a record high

The Director-General of the World Health Organization Tan Desai said that the mutated new crown virus delta strain is sweeping the world at an extremely fast rate, leading to a surge in confirmed cases and deaths of the new crown. At present, the Delta strain has appeared in at least 104 countries and regions, and it is expected that it will soon become the leading new coronavirus in the global epidemic. As of about 6:30 on July 13th, Beijing time, a total of 1,880,12,550 cases of new coronary pneumonia have been confirmed globally, and a total of 4,054,980 deaths have been reported. Globally, there were 417,329 newly confirmed cases and 6,570 new deaths in a single day.

In fact, in addition to Vietnam, the recent epidemic situation in overseas countries such as the United States and Russia is very unoptimistic. In particular, the new crown diagnosis data of Vietnam, Thailand, Indonesia and Malaysia are all continuously reaching new highs.

1. Vietnam sets the highest record since the outbreak, and industrial parks are closed

The Ministry of Health of Vietnam reported that in the past 24 hours, the country has newly confirmed 1953 cases of new crowns, an increase of 100 cases from the previous day. This is the highest record since the outbreak of the epidemic. It has exceeded 1,000 cases for 7 consecutive days. Most The case came from Ho Chi Minh City, where the outbreak was most severe.

Starting at 0:00 on July 9, Ho Chi Minh City will implement a 15-day social distancing measure in accordance with the No. 16 instruction of the Prime Minister of Vietnam. So far, 107 places in 22 counties in Ho Chi Minh City have been blocked. Bac Giang Province in northern Vietnam ordered the temporary closure of four industrial parks due to the epidemic, three of which have factories in Hon Hai, Taiwan.

2. Burma’s new confirmed cases and new deaths hit a record high, and schools closed

The Ministry of Health and Sports of Myanmar announced that a total of 14,432 nucleic acid tests were carried out on the 12th, of which 5,014 cases were confirmed, the diagnosis rate was close to 35%, and 89 new deaths were added that day. The new confirmed cases and new deaths in a single day have once again set the highest record since the outbreak of the new crown epidemic in Myanmar. The Ministry of Health and Sports of Myanmar said on the same day that in order to prevent and control the new crown epidemic, the country will temporarily close basic education schools from the 9th to the 23rd.

3. Thailand added a new record in a single day and extended the state of emergency

There were 9,418 new confirmed cases of new coronary pneumonia in the local area, a record high in a single day. In view of the increasingly severe epidemic situation, the center decided on the same day to implement more stringent control measures in Bangkok, Nakhon Pathom, Nonthaburi, Pathum Thani, Samut Sakhon and Samut Prakan from July 12. People are prohibited from going out between 21:00 and 4 a.m. the next day. The state of emergency law originally scheduled to expire on July 31 was extended again for two months to September 30.

4. India's daily increase of confirmed cases exceeds 42,000

According to the latest data released by the Indian Ministry of Health on the 12th, the number of confirmed cases of new coronary pneumonia in India rose to 30,874,376. In the past 24 hours, there were 37,154 new confirmed cases in India; 724 new deaths, and a total of 408,764 deaths. Data from the Ministry of Health of India on the 10th showed that India had 42,766 new confirmed cases that day.

The overseas epidemic is severe, and orders are returning

The textile market breaks through the shackles of the off-season, with raw materials rising by more than 150%

The overseas epidemic is becoming more and more severe. In addition to causing more serious panic to the local people, it also has a serious impact on local industrial and manufacturing companies, causing factory shutdowns, park closures, and employees’ holidays, etc., as they will encounter again in 2020." Suspend the crisis. The counter-attack of the epidemic in manufacturing countries has undoubtedly brought positive stimulus to my country's domestic market. Orders from Southeast Asian countries such as India have also begun to return to my country, bringing a surge in orders for domestic textile, chemical, rubber and other industries.

Although it is currently in the off-season of the textile industry, the off-season seems to have become a new thing this year. Many textile clusters ushered in a sharp rise in the operating rate. In the past week, the weaving operation rate has risen like the resumption of production after a year, and even more than 90% in Haining and Changshu. Many countries have tightened restrictive measures again recently, and Japan and Vietnam have even entered "re-blockade." In addition, the foreign trade risks of India, Indonesia, South Africa and other countries continue to escalate, and textile foreign trade may be affected.

This has brought opportunities to China, the world's largest textile country. A large number of textile orders from Southeast Asia have begun to be transferred to China, and many textile companies have successively received backflow orders from Southeast Asia. Some companies said that the current orders continue to grow, and have been queued up to August, and the upstream raw materials are also showing a trend of tightening prices under the sudden increase in demand.

PTA: The PTA market fluctuated upward this week. The average weekly price in the East China market this week was 5152 yuan/ton, an increase of 1.40% from the previous month;

MEG: The average price in the East China market this week was 5,068 yuan/ton, an increase of 1.85% from the average price last week, and the average price in the South China market was 5,078 yuan/ton.

Polyester filament: This week, polyester filament is going up, POY price is 7850 yuan/ton, up by 325 yuan/ton; FDY price is 8,025 yuan/ton, up by 250 yuan/ton; DTY price is 9,200 yuan/ton, up by 400 yuan/ton Ton.

Spandex: The mainstream reference quotation of spandex 40D in Zhejiang is 72,000-75,000 yuan/ton, an increase of 2,000-3,000 yuan/ton from a week ago. The current quotation of spandex 20D has also risen to 90,000-95,000 yuan/ton, and the increase rate has reached 86% this year. This represents an increase of more than 150% over the same period last year.

In addition, the epidemic in Southeast Asia has undoubtedly contributed to the shortage and price increase of my country's chemical products such as dyes and chemical fiber products, as well as the domestic rubber industry chain, gloves, tires and other products and raw materials. According to industry insiders, although it seems that the return of orders and the demand pull are very good for the industry at present, the short-term benefits are very limited.

This part of the orders mostly presents the characteristics of small batches, multiple varieties, and fast delivery. At the same time, the new crown pneumonia epidemic is still spreading around the world, and there are large uncertainties in the external environment. If they are only satisfied with the current benefits without improving the core competitiveness of the company If the irreplaceability of the product is not strong enough, once the epidemic situation improves and competition increases, it will be unknown whether domestic chemicals will continue to be positive and whether the market will take a turn for the worse.