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A large number of textile orders are rushed from India to China! Who is hyping the explosive order wave under the second epidemic?

April 28, 2021
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Recently, the textile market suddenly reported that a large number of orders for textile fabrics from India returned to China, causing some domestic textile companies to fill up orders.

A large number of textile orders are rushed from India to China! Who is hyping the explosive order wave under the second epidemic?

In the process of visiting the market, we did find that textile orders have indeed improved in part recently.

"At present, the amount of grey fabrics in the dyeing factory can reach 700,000 meters per day. This amount can guarantee the production of all the dyeing vats in the dyeing factory. The National Day holiday time is also compressed. In the past, it was 3 days. The deadline for delivery is only 2 days.” A person in charge of the dyeing factory introduced. Not only that, but another textile trader also feels that the market has improved. "Recently, there are a lot of orders, and tens of thousands of meters are placed at every turn. There are a lot of printing and dyeing. I have just been busy printing cotton for an afternoon.

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So does this wave of market conditions have anything to do with India?

India's epidemic is worsening, affecting textile production

Companies engaged in textile foreign trade generally have more or less Indian customers in their hands. Our fabrics are exported to India, and then the garments made by Indian workers are sent to the world. But obviously India is not satisfied with being a garment processing link. In recent years, upstream fabric production has also been involved.

At present, India is already the world's largest cotton producer, the world's largest jute producer, and the world's second largest silk producer. Its yarn production capacity accounts for 22% of the world. The textile and apparel industry is one of the leading market segments of the Indian economy and one of the largest sources of foreign exchange income in India. The textile industry accounts for about 15% of India’s total export income.

A large number of textile orders are rushed from India to China! Who is hyping the explosive order wave under the second epidemic?

It can also be seen that India has an important influence on the global textile and apparel market, including my country, after all, the more developed India’s textiles, the more it will seize the overseas market of Chinese textile people to some extent. In fact, many European and American orders have begun to fall in India, but the recent new crown epidemic may break this situation.

September is the traditional peak season in the European and American markets, and the purchase of supplies for Thanksgiving and Christmas will bring a large number of orders. However, India currently has 70,000 or 80,000 new cases every day, and the cumulative number of confirmed cases is 6 million+. Obviously, it is difficult to bear the production of a large number of textile orders in the international market.

However, my country, where the epidemic has been under control, is completely different and can respond to any order at any time. Overseas customers are also aware of these. It is also very possible for these orders that were supposed to go to India to return to my country, but is this kind of orders obtained through the epidemic really reliable?

The second outbreak of the epidemic in Europe affects terminal orders

Although the outbreak of the epidemic in India will cause some textile orders to return to my country to some extent, the epidemic will also cause the cancellation and delay of terminal clothing orders. Because a large number of orders in the textile market of India and my country are from Europe and the United States, and the recent outbreak of the epidemic in many European countries, the number of new cases in Spain, France, Russia, the United Kingdom, Germany, Italy and other countries are all over 1,000 in seven days. .

In France, there are more than 16,000 new cases in a single day, breaking records. The number of new cases in the UK is four times the number of cases more than a month ago. Faced with such a critical epidemic, these countries have once again taken urgent action to severely cut off contact with people through measures such as restricting travel and reducing market activities. It seems that it is also very possible.

A large number of textile orders are rushed from India to China! Who is hyping the explosive order wave under the second epidemic?

All of us textile people should remember that when our country just resumed work and production at the beginning of the year, a large number of backlogs of orders were placed and the dyeing factories were overwhelmed. But then a large number of textile orders were cancelled due to the outbreak of the European epidemic, and the textile workers suffered heavy losses as a result. Will the same situation occur in the second outbreak of the epidemic in Europe now? If the tide of order cancellations recurs, then the orders now received are all "hot potatoes", and it is not not to do it or not to do it. It can be said that behind the seemingly improving orders, there are actually huge risks and crises hidden.

In addition, even if the order was not cancelled due to the epidemic, it is obviously not a long-term solution to rely solely on the severe epidemic in other countries to obtain orders. After all, with the development of vaccines and the accumulation of global anti-epidemic experience, the new crown epidemic will eventually be defeated by humans. At that time, the recovery of the Indian textile industry would also mean that our orders would again be taken away by lower-cost India.

The short-term orders have improved, and we also need to see from it that the Indian textile market has absorbed a large number of orders from us. How to maintain the international textile market even after the loss of these orders is what we need to consider. Avoiding price fights with India and other Southeast Asian countries in the low-end market, and seizing the opportunity of the times to make breakthroughs in the mid-to-high-end fabric market, may be able to make us no longer afraid of any opponents

 

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