Textile Foreign Trade Market In "Ice Breaking"? Never Be Too Optimistic About The Market.

After the May 1 holiday, a man who made foreign trade in clothing in Fujian made a video of "the garment factory began to be busy." she said in the video that a printing factory staff said that the factory orders were obviously increasing in recent years, so that they did not know which factory to order.

According to reports, in March, most garment factories in Bangladesh were forced to close. After 1 months of stoppage, At the end of April, more than 500 garment factories in Bangladesh began to resume production and provide products to all major clothing brands worldwide.

In addition, with the opening of ports in many countries, many of the exported goods can reach the destination port at sea. Before the delay in delivery, some countries have agreed to deliver the goods. It can be said that the foreign trade industry began to "improve" gradually.

There are indications that the foreign trade market seems to be "breaking the ice". According to past tradition, it should be the relative peak season for foreign trade orders now, because European and American countries will have a "summer vacation" in 7 and August, so they will choose to place orders before the holidays. This year, though affected by the epidemic, many orders have been cancelled and delayed, but with the gradual slowing of the epidemic in Europe and America and the increase in economic activity, the order will also be released before July. It also shows that foreign trade should improve in the following days.

Some market participants said optimistically: "it is impossible for foreign trade to restore the level before the epidemic this year, and with the November general election, Sino US trade friction has increased. It is very likely that 6 and July will be the best month for foreign trade this year. "

Although entering the May, the textile and garment market releases positive signals, but the transmission to the fabric market is still rather mild. Some textile bosses are still missing orders, the whole market is recovering slowly, and lack of support for orders.

A textile foreign trade company related staff recently Tucao, with the implementation of the 2020 autumn and winter clothing materials to the end, the 2021 spring and summer clothing fabric orders in previous years have obviously shrunk, the same period dropped 5 to more than the same period.

In the past year, tens of thousands, tens of thousands, and hundreds of thousands of foreign trade orders have shrunk seriously this year. A trader said, "there is a friend who makes an order in Bangladesh. He always makes a single order, a single quantity of orders in hundreds of thousands of meters, but this year orders are obviously less, and some are even tens of thousands of meters."

Of course, in any case, Xiaobian thinks that the lowest level of textile foreign trade is over. With the recovery of economic activities, the market will move more or less. But it is noteworthy that there is no turning point in overseas epidemic, and the urgent need to resume production in Europe and the United States because of economic pressure is likely to lead to the two outbreak of the outbreak.

In addition, the domestic market has excess capacity and the plight of oversupply has not improved. The high cost, high inventory and low demand of domestic production enterprises will also bring about a survival crisis. Do not be too optimistic about the market and be cautious of the "bubble" behind the "prosperous" market.