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Real mice are not easy: take stock of the year-end difficulties in the textile industry
Release date: [11:50:36]  Read total [574] times

2020 is coming to an end, but the market at the end of the year is still facing various difficulties. 2021 is coming, what will the market look like in the coming year?


  Rising raw materials: not losing money has become the highest luxury


   While profits have been compressed to the extreme, raw material prices have begun to rise on a large scale. First, nylon and spandex, and then polyester filament, and the price of grey fabrics has risen to varying degrees driven by raw materials.


   Freight transportation is difficult: containers need to be "lottery" to fight luck


  The goods are made, but it is a troublesome thing to ship them out.


   The foreign epidemic counterattacked, local production was greatly affected, and the demand for Chinese products continued to increase. In addition, the shortage of overseas manpower made it impossible to unload cargo, which resulted in a large number of containers being crushed in European and American ports. The container "has no return" has also made many cloth bosses watch a large number of orders and good products, but they can't be shipped out. This situation has been going on for half a year. For this reason, the time for exporters to book in advance has been continuously extended, from one week in advance to one month in advance, and sometimes even a lottery is needed to fight for luck.


   As the end of the year approaches, the situation of "hard to find a box" has not improved, and has even worsened.


  The price is difficult: if the price is pressed down, the money will be deducted


   Difficulties in foreign trade: "Christmas" and "New Year's Day" may be silent


China’s textile and apparel industry is highly dependent on exports. At the beginning of the year, the export volume of textile and apparel products did not decrease but increased. This was mainly due to the strong demand for anti-epidemic supplies from countries with outbreaks overseas, which drove our anti-epidemic fabrics, anti-epidemic clothing and masks. The exit. However, the number of domestic companies involved in epidemic prevention is still limited, and most of them are ordinary garment fabric factories, and there are not many companies that can profit from this wave.


   Since December, the out-of-control epidemic situation in Europe and America has once again cast a shadow over the export of textile and apparel fabrics.


  Uncertain expectations: inventory may affect the textile and apparel market next year


   The Christmas season in Europe and America in 2020 will inevitably lead to unsalable clothing market due to the outbreak of the epidemic and restrictions on people's travel. This part of the inventory clothing will undoubtedly appear on the autumn and winter market next year, which will certainly lead to a decrease in orders for next year’s autumn and winter apparel fabrics to a certain extent.


   On the other hand, the current textile and apparel market is generally optimistic about the market in the second half of next year. This view is mainly based on the gradual investment in vaccines. But the emergence of new strains in the UK will cause the current vaccine to fail? Of course, there is no definite evidence that new strains may affect vaccines and treatments, but the possibility of impact still exists.


  In the first half of next year, due to the backlog of clothing inventory in this spring and summer, it is basically not optimistic, and there is a high probability that orders will not improve. Once the market loses its optimistic view of the second half of next year, the lack of orders will continue throughout 2021. The vast majority of textile companies have been struggling to support this year. If the market does not improve next year, many textile companies may close down and leave.


   Before the global epidemic is brought under control, there are still big uncertainties in the textile market. In particular, the recent worsening and out-of-control epidemics in Europe and America will make the textile market in 2021 even more confusing.


Xielong Group High-tech Chemical Fiber Co., Ltd. is a professional supplier of material spinning, weaving and dyeing of shoe material textile. The main products are nylon thermal fusepolyester thermal fuseTPU special filamentTPU thermal meshPES Hot melt adhesive omentumPA hot-melt omentum, etc.


The launch of Xielong Group's new materials will provide environmentally friendly, safe, and better-performing products for the development of shoe materials, clothing, luggage, furniture, and decoration industries.


If you want to know more product information, please contact: Ms. Jiang 18861266688  Manager Chen 13960259999  Website: http://www.xlfiber.com


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