It is understood that currently textile companies have long-term stable orders and sales remain normal. The companies are not worried about order issues, mainly because cotton prices continue to fall after the holiday and product profits are too low. Although the domestic epidemic has stabilized, but the foreign epidemic has intensified, enterprises are worried. After all, a considerable part of textile and apparel products are used for export.
A textile company in Henan stated that the purchase price of cotton before the holiday was 14,200 yuan/ton, and the price of cotton dropped sharply after the holiday. The best cotton price is now at 13,200 yuan/ton, a difference of 1,000 yuan/ton, which increases the company’s textile costs. , Although the downstream orders are continuous, every month, but the price is low, and I dare not take orders easily, which does not include small orders. Enterprises purchase a lot before the holiday, so they still use high-priced cotton. At present, yarn prices in the market have risen slightly, and some weaving companies do not accept it, and the two sides can only stand in a stalemate.
Regarding the future industry market, the company believes that if the world epidemic improves and the epidemic in China is over, there may be a low season in May-June. If the epidemic is not under control, it may be the off-season throughout the year. In particular, due to the epidemic and the impact of crude oil, a number of domestic textile companies may be shut down.