Apparel / Textiles & Accessories

Raw material market is about to usher in a major change in September?

The market has begun to be unusually restless recently, so that textile people who originally expected a downturn have seen hope, then will the next peak season be prosperous? What is the trend of the traditional peak season market operation?

From the immediate perspective, there are still differences in the market. The so-called gold nine silver ten refers to the domestic textile market ushering in more positive in September, the price of textile products will usually be stronger, but whether this year will be as expected, the market has more doubts.

According to the recent 10 surveyed companies, 20% of companies believe that the gold, nine, silver, and ten market expectations are optimistic, 50% of companies believe that market expectations are stable, and 30% of companies believe that market expectations are negative. In terms of raw materials such as silk, polyester factories have made several big promotions, and downstream purchases have increased, which has stimulated the enthusiasm of textile companies to purchase in the short term. However, due to the lack of bright spots in the terminal market orders, the demand-side trading atmosphere remained thin. In addition, the raw material market is declining, leading to more cautious placement of new orders. It is expected that the market for polyester filament yarns will fluctuate downward in mid-to-early September. However, as domestic orders are placed around the Mid-Autumn Festival, the market may improve by then, waiting for the "Golden Jiu" market to improve.

The growth rate of apparel exports continued to expand in August! Exports of textiles and garments were stable in the first 8 months

Data released by the General Administration of Customs on September 7 showed that in US dollars, due to the decline in textile exports, textile and apparel exports fell for the fourth consecutive month in August, but the decline was smaller than the previous month. Due to the return of overseas orders, clothing exports maintained a good growth momentum, and the growth rate of exports continued to expand that month. From January to August, the cumulative export trend of textile and apparel was steady, achieving growth compared with the same period in 2020 and 2019.

The Southeast Asia epidemic "disturbed" the supply chain, and orders returned to China!

In recent days, the topic of #TEX服装企业营销暴增# has been posted on Weibo's hot search, which can not help but evoke memories.

According to punctuality financial reports, the apparel export market has picked up this year.

According to a report from the Ministry of Health of India, as of September 5, the country has had a total of more than 30 million confirmed diagnoses. There are 410,000 confirmed diagnoses and a total of 440,000 deaths. The daily number of confirmed diagnoses is still around 40,000. The epidemic is complete. out of control.

For a long time, the export of garments from Southeast Asia to Europe, the United States and other regions enjoys a duty-free policy, and profits have increased by 8%-10% compared with the domestic ones. Therefore, most of the garments exported to Europe and the United States are produced in Southeast Asia.

And now, subject to the out-of-control epidemic, the apparel industry chain in Southeast Asia is clearly overwhelmed, and this part of the order has also flowed to China, where epidemic prevention and control work is better, and the industrial chain is more complete.