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Short Term Textile Market Pays Close Attention To Public Health Events

2020/2/13 8:37:00 2

TextileMarketPublic HealthEventsProgress

Textile enterprises and textile circles around the country initially plan to resume production and resume work in February 10th. At present, the date of resumption of production and resumption of work has passed. What are the actual plans for the resumption of production of textile enterprises and textile businesses around the country?
 
When will logistics transport resume?
 
How much is the inventory of raw materials? How will the textile market be interpreted?
      
Although the original production date was reached, the time for textile enterprises to resume production was divided. Some cotton textile enterprises in Shandong and Shanghai started work in February 10th, the actual load started between 25% and 60%, and the local enterprises started to use more local enterprises. More enterprises in East China and Southern China areas with more field staff were postponed.
 
Part of the start-up enterprises said that although the original plan to start, but there is no new orders, cotton yarn temporarily offer, individual enterprises to maintain pre holiday quotes, later enterprises will adjust the load according to logistics and downstream enterprises recovery situation.
 
Some textile enterprises said that because the downstream weaving and dyeing enterprises had not yet resumed production, and at present the market inquiry was light, the enterprise plan was postponed to February 17th - 20, resumed production. The textile city of Hutang was postponed to February 21st, and the textile business circle of Zhongda textile company even issued a notice without delay. The domestic cotton yarn market will start slowly this week, and the import yarn market will start in the middle or late 2.
 
In terms of logistics, the logistics of fire and logistics has resumed, and the logistics of steam transportation is still stagnant. In February 10th, through the investigation of the logistics of cotton and cotton yarn transportation, the transportation of bulk materials had not been restored by the policy control and control. Among them, Xinjiang cotton was taken as an example. Since January 22nd, Xinjiang cotton has been suspended from Xinjiang. The mainland's cotton yarn logistics has not yet been fully launched, and we still need to wait for the latest announcement in the short term to pay attention to the progress of public health events.
 
In terms of inventory, most enterprises concentrated stocking in late December 2019 and the first half of January 2020. At present, the raw material inventory of weaving enterprises is more than 10 days to 30 days, and cotton mill's stock is 20 to 60 days. After the holiday, Zheng cotton oscillation dropped, cotton prices dropped 500 - 1000 yuan / ton before the holiday, and some traders and some cotton spinning enterprises met a low price. But because the textile industry chain has not yet been restored as a whole, the recovery of orders in the later stage still needs time. There are many uncertain factors in the market.
 
The expected market outlook is that textile enterprises generally say that the new orders for textile products have dropped sharply in recent years, and that the short-term textile market is hard to get a good start. It is expected that the cotton yarn prices will oscillate after the cotton mills are resumed, and that the decline of the raw material Market will be narrowed gradually in the later stage, and there will be certain support for the price of cotton yarn.
 
In the short term, we should pay close attention to the progress of public health events, the commencement of textile and dyeing enterprises, and the recovery of logistics and transportation. In the medium to long term, as the impact of public health events is weakened, foreign trade orders will gradually return, superimposed "golden four silver" in the traditional peak season, and the demand for cotton yarn will slowly increase at the later stage, and the price of cotton yarn is expected to overshoot and rebound.
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