Is There Any Hope To Increase The Orders Of The Previous Year?

In recent two days, Xiaobian visited Nantong market. Nantong is the largest home textile market in Asia, and the clothing market is relatively developed. The clothing export is mainly from Japan. It is estimated that the total yarn consumption is about one million tons per year. It is one of the largest textile yarn regions in China, and it is also the place that the strategists of yarn mills must contend for. It reflects the barometer of our yarn market. From the point of view of high and low-end yarn, the overall demand is still low from 13500 to 16500.

Cotton mills generally lack confidence in the market before the year, believing that it is difficult to have explosive growth in demand before the year. With the weak demand support and the decrease of raw material prices, the accumulated stock of yarn mills has increased, but there is a trend of reduced sales. Moreover, affected by the epidemic situation, the accounting period of the lower reaches of this year is longer. It is expected that the collection of accounts will be intensified in December. After the new year's day, some enterprises will have a holiday ahead of time. Most of the small and medium-sized textile enterprises still have a hard time.

This year, affected by the epidemic situation, the weaving capacity of Nantong has declined, and some small and medium-sized factories have closed down. However, most of the old equipment such as rapier looms are eliminated, which is also a big test and reshuffle of the industry. At present, the profits of weaving mills are between 10% and 20%, while the profits of dyeing mills are higher, while the profits of yarn mills are more than break even or small profits. In the current textile industry chain, the upstream is still relatively passive. Some traders are also trying to extend the industrial chain and obtain more profits through resource integration. Although the textile industry has been severely damaged by the epidemic, there are also individual sub industries that have "benefited from misfortune". For example, the epidemic has made everyone stay at home. The domestic and foreign markets of home textiles have been booming since May, and some orders have been transferred from Southeast Asia, which has formed a good support for Nantong market. However, the popularity has declined slightly in recent years. In addition, some high configuration low count rotor spinning is used to produce medical materials, which can also become one of the star products in the previous off-season.