The epidemic came with the "gold three silver four", and the new regulations for epidemic prevention in the Sijiqing fabric market came
Release time:
2022-03-15 15:49
Raw materials rose hot, but downstream demand has always been weak.
On the occasion of the opening of "Gold Three Silver Four", some textile trade centers in Dongguan, Hangzhou and Zhili were closed again due to the epidemic. Dongguan Dalang Wool Trading Center was closed, Hangzhou Sijiqing Clothing Street was closed, and Zhili Children's Clothing Market was closed. Coupled with the multi-point fermentation of the domestic epidemic, the textile trade centers in many places were temporarily closed, resulting in a continuous shrinking of domestic textile market demand and a delay in the recovery period.
The price of raw materials "falls in the dark", and the downstream replenishment is pushed again and again.
The price of textile raw materials continued to rise, but the downstream "buy up" mentality did not show, the market sentiment became more and more intense, the downstream replenishment enthusiasm was sluggish, the spot sales in the textile market was still slow, and the inventory base was high. At present, the gray fabric inventory in Jiangsu and Zhejiang is 33.2 days. about.
According to feedback from some weaving enterprises and traders in Jiangsu, Zhejiang, Guangdong and other places, the market prices of cotton fabrics and cotton grey fabrics have declined slightly since the beginning of March, and the replenishment of cotton yarns has also been adjusted to purchase as soon as needed, as much as possible. Reduce raw materials and finished products occupying working capital, and the pressure of terminal consumption will be reversed to cotton yarn and cotton. However, in Henan, Shandong and other small and medium-sized cotton spinning mills, the inquiries and delivery of cotton yarns are not smooth, and the phenomenon of accumulating stocks is becoming more and more obvious. , increase the bargaining space and other operations.
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