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Pre-holiday sales continue to
Release date: [2021/2/22]  Read total of [475] times

It is understood that entering the end of January, some small textile and clothing enterprises in Henan, Jiangsu, Anhui and other places have successively shut down for holidays, and some large and medium-sized cotton textile enterprises have also issued leave notices. A few enterprises still maintain a high operating rate and have not yet specified the vacation time. .


   At present, the inquiries, purchases, and shipments of lint cotton in Xinjiang's regulatory warehouses have fallen sharply or even stagnated, and the enthusiasm of textile companies for purchasing Xinjiang cotton in inland warehouses, port bonded or customs clearance has also cooled. First, the Spring Festival is approaching, and the work pressure of some cotton warehouses such as epidemic prevention and control, fire protection, and security inspections has risen. In addition to the shifting of employees, the storage and unloading capacity of the warehouse has decreased; second, textile companies are generally busy with settlement of wages, bonuses, and payment of accessories and raw materials. , Utility bills, etc., cash flow expenditures are large, the order situation in the first and second quarters of 2021 is still not very clear (very cautious on large, medium and long-term orders), textile enterprises are not willing to hoard large amounts of raw materials and avoid rising cotton prices.


   A medium-sized yarn factory in Jiangsu stated that, except for 50S and 60S cotton yarns, 80% orders for 40S and below cotton yarns are delivered before the Spring Festival. If the new crown epidemic prevention and control situation improves further during the Spring Festival holiday, and the domestic and foreign markets and news remain stable, the preliminary plan is to resume work and production before February 20. Even if the short-term orders for OE yarn and C16S-C40S are insufficient, it is not planned to delay the resumption of work. As there are fewer and fewer skilled and experienced skilled workers in spinning, if the start-up of production is delayed, resulting in a large loss of workers, the gain is not worth the loss. As of the Spring Festival, the cotton yarn inventory of enterprises was relatively low, with only about one week of output, and the enterprises also had appropriate plans to accumulate inventory.


   At present, the new crown epidemic is still spreading more frequently. Stabilizing emotions, promoting employment, and boosting the economy are still top priorities. As a labor-intensive industry, cotton textile enterprises are obliged to do so. Since 2020, bank credit support has been strong and interest rates have been lowered more significantly than in previous years. Cotton textile enterprises have sufficient cash flow and strong anti-risk capabilities.


From the survey, affected by the increase in holidays for weaving factories and printing and dyeing factories in coastal areas such as Guangdong, Jiangsu, Zhejiang and Shandong, and the closure of various textile markets, the shipment of cotton yarn in Shandong, Xinjiang, Henan and other places has been slowing down, and the inventory of finished products has generally rebounded slightly. . Textile companies are mostly optimistic about the cotton textile market in February and March 2021, believing that the global epidemic has shown an "inflection point" due to the strong "blockade" of various countries and the widespread vaccination of the new crown vaccine. Central banks of various countries continue to loosen monetary policies to stabilize the economy. The effects of promoting consumption and boosting the economy are gradually appearing, and the textile and apparel market is expected to usher in opportunities for rebound and growth.