After experiencing the market experience of national anti-epidemic, suspension of production and resumption of production, and sharp price fluctuations, textile companies of various sizes in various regions have entered the challenging second half of 2020.

At present, due to the different impacts of the epidemic on the economy and society, the direction of foreign trade and domestic sales of textiles and garments, which are more related to the cotton industry economy, is not yet clear. However, overseas epidemics are repeated, and the uncertainty of Sino-US trade relations has increased. The adjustment of industrial circulation is inevitable.

After the textile enterprises resumed work from February to March this year, the production demand of some domestic products took the lead in launching the market, allowing some textile companies that thought they were unsustainable to find a small number of orders to start operations. Subsequently, some foreign trade companies switched to domestic sales, and small and medium-sized coastal textile companies’ orders for carded, melange, and wrapping products were put on the market, which greatly eased the expectations of textile companies’ closure. As a result, textile companies, domestic apparel manufacturers, The adjustment elements such as the conversion of foreign trade enterprises and the mutual benefit of business distribution have alleviated the dilemma of the tripartite operation to a certain extent.

However, it seems that the recovery of domestic sales after the epidemic is a good thing, but the transfer of foreign trade to domestic sales is essentially a transfer of product production and sales, and it will not increase the total domestic demand capacity. Under the economic downturn brought about by the epidemic, people's spending power decreases with the economic downturn. The current and future consumption will not exceed that of the previous year, and may even be a significant decline. In reality, the share of foreign trade is transferred to domestic sales. In the past, domestic companies with weak strength and single products would also be squeezed. After all, the strength and product quality of foreign trade are better than some domestic companies. Although it is difficult to determine whether the adjustment of the flow of domestic and foreign trade resources is pros or cons, it is a rational and developmental point of view to provide incentives for small and medium-sized textile and apparel enterprises that are originally content to do domestic sales; from the perspective of production and consumption Look, it is difficult to change the inherent share of the domestic market that has been seized. Foreign trade companies cannot rely on domestic sales forever, which will disrupt the entire cotton industry. However, when foreign trade will start and when it will return to its pre-epidemic state is still unknown.

2020 is the year when all industries experience the most risk and pressure, and it is also an extraordinary year with extremely complex economic and social situations at home and abroad. There may be many unpredictable changes in the second half of the year. At present, the regular consumption in the domestic textile domestic market supports most textile companies to maintain their operations. Although the benefits are mediocre, companies believe that living is hope. The main energy of textile enterprises is still paying attention to market conditions and fighting for orders, and enterprise management, as a source of benefits, is increasingly valued by managers. It is understood that the original intention of the company to reduce raw material and product inventory has not changed, and the risky business participation is low, and diligent and fast sales have always been pursued. The purchase channels of local companies will mainly focus on bidding for reserve cotton before the new cotton is listed, and the purchase amount will be determined according to the order situation. The “golden nine silver ten” atmosphere of the textile market analyzed in the past will not be too strong. Normal operation throughout the year is a good thing for business operation, profitability is a story, and good luck is a blessing. The future is full of unknowns. It is fundamental to do well in the present step by step.

Haian County Qinfeng Chemical Fiber Co., Ltd. ranks among the high-quality enterprises in the industry with its single-stream professional technical strength, front-end quality inspection system and perfect quality inspection system, specializing in the production of pp staple fiber, polypropylene staple fiber, polyester staple fiber, and functional polypropylene staple fiber Fiber, functional polyester staple fiber, etc.

If you want to know more product information, please contact: Mr. Qian 13962787918, 13813743991 Website: http://www.glory-fiber.com/