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.
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.