In early December, Sino-US trade tensions began to show signs of cooling down, which suddenly boosted the confidence of textile people.
In more than half a month, China and the United States have also worked together to release many good signals. For example, China has purchased 1.13 million tons of U.S. soybeans, and the United States has also announced a 25% increase in tariffs. The tariff schedule has been postponed to March 2. All signs indicate that the Sino-US trade friction is on the road to a peaceful resolution!
No, not long after the signal flare of Sino-US trade easing was released, companies have received large export orders one after another this week.
Textile factories and polyester factories have received hundreds of millions of export orders
It was reported that last Friday (December 14) , three polyester factories have received hundreds of millions of filament export orders! A large textile company in Jiangsu also received hundreds of millions of orders for foreign trade fabrics.
Polyester manufacturers and textile companies have received large orders one after another. So for downstream fabric traders, are there any foreign trade orders? Any improvement? In this regard, the editor visited some traders in Shengze to hear what they had to say!
The foreign trade market is average, maybe after the year Will be good
Wujiang Jisheng Textile Co., Ltd. is a company specializing in home textiles. Manager Shen of the company said that the current orders are relatively stable, and foreign trade export orders are already in The orders will be placed in a centralized manner in November. During this period, we will place orders before and after the centralized orders are completed. No new orders have been received at the moment.
In addition to Jisheng Textile, Manager Qian of Suzhou Jingang Textile Co., Ltd. also said that although Sino-US trade relations have eased, for relatively small companies like ours, there is no acceptance. to the big order. Moreover, as the end of the year approaches, the entire domestic and foreign trade market is not very prosperous. But I believe that the easing of Sino-US relations will be beneficial to future orders! It’s just that time is still short.
At the same time, Manager Zhao of Wujiang Maoshun Textile Co., Ltd. said that we have heard about SUMEC Group receiving negotiated orders, but this is normal for their large companies, just like us It is very common for small and medium-sized enterprises to receive millions of orders, and it does not mean that the export market is improving.
Taken together, the current foreign trade market is not optimistic. The Christmas season abroad has already fallen behind, and many countries are preparing to go on holiday, which will also cause a certain lag in the placement of orders. However, I believe that the easing of Sino-US trade relations will have a certain boost to the export market in the coming year.
The domestic trade market is also not peaceful
Not only the foreign trade market, the domestic trade market has also been unstable recently. As the New Year approaches, now is the busiest time. The prices of raw materials have stopped falling and rebounded, but the prices of most gray fabrics are falling. In order to withdraw funds and get rid of more inventory, weaving companies had to sell at lower prices.
Manager Zhao of Wujiang Maoshun Textile Co., Ltd. said that although the price of raw materials has gone up, the price of gray fabrics has not. By the end of the year Everyone wants to withdraw funds from inventory, but prices only fall but do not rise. For example, Tao Skin Rong has dropped by 2-3 cents.
Coupled with the water-jet loom elimination policy, 100,000 water-jet looms were eliminated in three years, but the peripheral production capacity exploded by 200,000! The cloth boss predicts that this part of the production capacity will be fully increased in 2019, which will have a great impact on the local gray cloth market in Jiangsu and Zhejiang. It is also for this reason that local fabric bosses are not optimistic about next year’s market, and competition will become increasingly fierce. “We may only have a price war next year. Let’s sell off part of it first.” Manager Zhang of Wujiang Jiabin Jet Weaving Co., Ltd. said.
At present, the production capacity of peripheral looms is an important factor affecting the market in 2019. The cake is only so big, and if there are too many people sharing it, it will not be able to get it all. In addition, the price of raw materials is also extremely unstable, making the profits of weaving manufacturers and traders even thinner!
Editor’s Note
With domestic worries and foreign troubles, the editor cannot predict whether the domestic and foreign trade market will improve next year. . All we can do now is finish the list at hand first. Get rid of more inventory and take back the money floating outside…
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