NEWS

Many textile people feel that the recent market seems to be a little strange. On the one hand, the dyeing factory, which is a “market heat vane,” is extremely busy. The delivery cycle has been delayed from the original 7 days to the current 15 days. If the order is rushed, a certain expedited fee will be paid, and the freight will also It began to skyrocket, and even the news of dumping cabinets was exposed; on the other hand, after the October skyrocketing, the price of raw materials began to fall, polyester production and sales continued to be sluggish, and the average inventory of polyester filaments in polyester factories began to rise again.
At the micro level, the textile market showed an incomprehensible two-level differentiation phenomenon; at the macro level, the international oil price began to plummet, and the international stock market also began to plummet. On the surface, major indicators such as the stock market and oil prices have fallen, and the textile market has begun to show signs of decline. This is related to the second outbreak of the epidemic in Europe and the United States and the restart of lockdowns in some countries and regions. This is indeed a very important factor, and at the same time , Which also contains the market’s concerns about the final result of the upcoming US election. The domestic political situation in the United States has always had a profound impact on China’s textile industry. The Sino-US trade friction in 2021 caught Chinese textile people by surprise. A large number of original orders were cancelled, resulting in severe overcapacity in the market, and ultimately resulting in an impact on textile exports. On the other hand, the United States, as the world’s largest developed country, is also the world’s largest consumer market. In addition to directly affecting China’s textile exports, the United States’ domestic political and economic changes will also affect the world economy on a macro level. An important influence, thereby indirectly affecting China’s textile industry.


Post time: Nov-05-2020