Textile and clothing, which has been active recently, rose again on the 21st. As of press release, wanlima rose by more than 11%, Blum Oriental Trading limit, Kute intelligent and start-up shares increased by more than 8%, Mengjie shares, Tianchuang fashion, and Saturday rose by more than 4%.
Some analysts pointed out that India's textile orders were transferred to domestic production, sales promotion was in place during the "11th" double festival, wedding market broke out, and the industry's upstream and downstream demand recovered in an all-round way, which promoted the rise of the textile and clothing sector.
Huachuang Securities pointed out that the upstream steady recovery of exports, Indian orders into the catalytic good, raw material prices rose to boost manufacturers' confidence. 1) With proper prevention and control of epidemic situation in China, the resumption of work and production was steadily promoted, and the export data turned positive. With the gradual recovery of the domestic epidemic situation, the textile industry chain is complete and complete. With the gradual recovery of the domestic epidemic situation, the upstream of textile and garment industry took the lead in resuming production. The operating rate and capacity utilization rate increased significantly. International orders were accepted to ensure the supply of international market. The export volume in August resumed positive growth year-on-year. 2) Indian orders rush into catalytic textile upstream recovery. Since September, India, Sri Lanka and other export textile enterprises have been hindered in delivery. Multinational companies in Europe and the United States have selected suppliers according to production capacity and cost. Due to the proper prevention and control of the epidemic situation in China and being the world's largest textile producer and exporter, a large number of Indian textile orders have been transferred to China, among which towel and bed sheet orders are relatively large. The estimated data show that the order quantity has been arranged to may 2021, accelerating the recovery of domestic upstream textile industry. 3) The price of raw materials went up, helping upstream manufacturers to restore confidence. The prices of raw materials such as cotton, chemical fiber, yarn and so on in the upstream of textile and garment industry are going up in an all-round way, and the bargaining power of upstream agent factories may be improved, which is conducive to the restoration of confidence of upstream manufacturers in the industry.
The downstream optional consumption recovered in an all-round way, the epidemic situation was repaired, the National Day data was cashed in, the cold winter profit was good, and the Spring Festival was late. Multiple external factors were superimposed, and the textile, clothing and jewelry industries were expected to exceed expectations in the fourth quarter. 1) Under the recovery of the epidemic situation, the demand for comprehensive recovery, the offline stores gradually repair data stabilized, and the data during the National Day was verified and fulfilled. After the outbreak, the demand for outdoor travel rebounded, textile and clothing consumers recovered in an all-round way, offline stores continued to improve month on month, and the data of textile and clothing enterprises stabilized. Tourism and promotion during the National Day holiday further boosted the prosperity of textile and clothing. During the golden week, sales in many places showed double-digit growth, and the online and offline data growth of leading enterprises in each segment of the track was bright. In the second half of the year, there are more promotions / holidays such as double 11 and new year's day, and the demand for textile and clothing is expected to continue to release. 2) Cold winter catalysis + late spring festival to lengthen the sales season, benchmarking the low base in the same period last year further improved. On October 5, the China Meteorological Administration said a La Nina event may take place this winter. During the national day, the temperature in the North was significantly lower, and the Spring Festival was late. The double effect brought down the long sales season and benefited the sales of winter clothes. The unit price and gross profit of winter clothing are high. Textile and clothing enterprises are expected to usher in the peak sales season in the fourth quarter. Compared with the low base under the warm winter and early spring festival in the same period of last year, textile and clothing enterprises have high performance flexibility in the fourth quarter, and bosden, which mainly produces down garments, is expected to fully benefit. 3) The development of national day jewelry industry is optimistic. The year 2020 is the new year of wedding, and its homophonic meaning of "love you love you" is good, and it is the "double spring year" of the lunar calendar. The wedding demand is rigid, which may be delayed but will not disappear. The wedding market rebounded strongly during the national day of the people's Republic of China, and the jewelry industry benefited clearly. Zhou Dasheng's channel advantage is prominent and is expected to benefit fully.
At present, the company will benefit from the following three items: (1) the main line of CSL, KLM; 2) the main line of CSL; and the four items that are expected to benefit from: CSL, KLM; 3 (4) cold winter theme category: Antarctic e-commerce, bosden and Pathfinder.