"Cloth" shoes continue to actively integrate into the global network
Textile industry
Export growth slowed again in May
According to the data released by the General Administration of Customs on June 7, in the case of external demand has not effectively recovered, superimposed the impact of the supply chain recovery and high export base in the same period last year, China's textile and garment exports fell again in May. In dollar terms, exports fell 13.1 per cent year-on-year and 1.3 per cent month-on-month. From January to May, the cumulative decline was 5.3%, 2.4 percentage points higher than the previous month. From the exporter category, due to the decline in overseas demand, Southeast Asian countries clothing export orders decreased, resulting in my intermediate exports decline faster than the end consumer goods, May textile exports fell 14.2% year-on-year, down 5.6% month-on-month, clothing exports slightly stabilized, down 12.2% year-on-year, up 3% month-on-month.
Innovative elastic fabric summer and autumn orders increased
Recently, China textile city market, to polyester FDY, POY, DTY as the main raw materials plus spandex silk spray-woven polyester ammonia stretch cloth summer and autumn orders to send local increase. Polyester ammonia elastic fabric part of the shop after the factory type of solid fabric company summer and autumn domestic orders to undertake and send relatively smooth, this kind of fabric company due to relatively strong financial strength, R & D and production of summer and autumn new polyester ammonia elastic fabric due to reliable quality, unique style, every day has sales, style innovation fabric added value increased significantly; In order to prevent peers from following suit, these cloth companies' new style fabrics are packaged and shipped in the factory, most domestic sales orders are shipped in the factory, and innovative elastic fabrics summer and autumn orders are sent locally.
At present, the regular off-season of the market is coming, the market confidence of spinning enterprises is insufficient, whether domestic demand or foreign trade, enterprises generally believe that the downstream market will enter the off-season, the textile industry will once again face a big test. Small and medium-sized textile enterprises will again face the crisis of production reduction and shutdown.
Affected by demand, downstream procurement is not active. Customers are not very optimistic about the later trend, resulting in lower trading volumes and a strong wait-and-see atmosphere. As long as the market is favorable to the negative news, textile enterprises will lower the purchase price. Therefore, many trading enterprises also understand the truth, in general, when the futures price falls, they rush to provide manufacturers with price resources, some traders to get a meager profit, some are or to complete the established sales tasks, and some people or timely return corporate funds, more than enough to satisfy the competition pattern, It is inevitable that all parties will start a price war to conclude the transaction.
Over time, the participants are mentally exhausted, and the enthusiasm for operation also decreases. Along the way, it may be found that as long as the market has no good stimulus, the price will fall back, which seems to have become a hidden law. Industry experts said that some small and medium-sized enterprises may face pressure to reduce production.
The market is unpredictable
According to the seasonal demand of previous years, the demand for autumn and winter fabrics should increase, and the varieties of pure cotton thick tooling and canvas are relatively more recently, but most of them are quotation links, and the actual sampling and single are relatively limited.
This year has broken many of the previous laws of demand, making the market trend more difficult to figure out, all the way down weak, so that many enterprises are at a loss. At present, when it is the off-season, it is difficult to break through export sales, reduce domestic demand, increase factory inventory, insufficient follow-up orders, and the general phenomenon of production reduction is an unavoidable reality for various manufacturers. From the current market situation, domestic sales competition is fierce, foreign trade recovery is difficult, weaving manufacturers will continue to accumulate inventory, if there is no substantial change in the future market, manufacturers open the probability or further decline. Under the current circumstances, most factories will reduce production to save themselves and try to persevere through this trough period.
Leverage new development of China-Eu trade cooperation
2023 is the first year of the full implementation of the Party's 20 major spirit, and it is also the beginning of the textile industry towards the new goal of comprehensively building a modern industrial system. On the new track of Chinese-style modernization, Textile City Keqiao continues to make efforts to actively integrate into the new pattern of "double cycle", and fully promote the construction of modern "International textile capital" through the combination of "going out" and "bringing in".
Shaoxing Keqiao District exhibition industry development Center Party secretary, director Jiang Zhifen at the opening ceremony. She said that she looked forward to taking the cloth trade as the fulcrum on the platform of the overseas Cloud trade exhibition of the Textile Fair to leverage the new development of Sino-European trade cooperation. While reaping business opportunities and making joint talks, we should also tell a good story of mutual benefit and win-win cooperation between China and Europe, deepen mutual understanding and trust, and write a new chapter in China-Eu friendship.
"Fashion, fabrics and clothing are important industries in France that require constant creativity, research and innovation in materials, so it is particularly important to maintain a constant dialogue and cooperation with a major producer of fabrics like China." Lyne Cohen-Solal, founder/President of the Foundation of the Paris Design Incubator, pointed out that the online platform of the textile Fair Cloud business Fair allows industry people to easily communicate, serving fabric manufacturers and important enterprises and practitioners in the fashion and clothing industries, and Keqiao once again demonstrated its pivotal role in the industry.
Melissa Schleich, president of the European Fashion Training Academy EFA, said in her speech that Keqiao is an important resource supplier and an industry platform that can not be ignored for enterprises from all over the world to deepen cooperation, and the overseas cloud business exhibition of Keqiao Textile Fair has promoted new business cooperation in the global textile industry chain. Facing the complex and changing international environment, she sincerely hoped that the textile industry of China and Europe could complement each other and advance hand in hand.
"The development of new economies such as digital economy and green economy has brought about the reshaping of global rules, and digital trade has become an important part of bilateral and multilateral international cooperation." In a complex situation, the textile industry should adhere to actively integrating into the global network and jointly cope with the changes brought about by the adjustment of rules." Li Bo, deputy director of the China Textile Information Center, said in his speech that he is looking forward to working with European textile colleagues to share the development opportunities brought by Chinese modernization, jointly maintain the equal and mutually beneficial multilateral trading system, maintain the security and stability of the global industrial chain and supply chain, and jointly contribute to the world economic growth.
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