The sudden emergence of the mutant new coronavirus Omicron strain caught the market off guard, and international crude oil prices experienced significant fluctuations. As concerns about the epidemic eased, crude oil prices closed sharply higher for two consecutive days. However, the downstream market failed to get a boost, and the sluggish atmosphere was difficult to eradicate.
Printing and dyeing factories have become idle, and their operating rates have declined.
Downstream weaving companies and trading companies are not receiving orders well, and the changes in order volume can be clearly seen from the printing and dyeing factories. It is understood that the current printing and dyeing market can be said to be much quieter. Situations such as liquidation, jamming, and queuing no longer exist, and on-time delivery is no longer a problem.
“The market has slowed down. The market is not good this year, and the peak season is too short. Now the dyeing vats in the factory can only be opened at 70%, and the varieties are relatively mixed. There is everything, but there are no outstanding products.” A salesperson from a local dyeing factory It means that the market has cooled down rapidly in December.
Another salesperson from a printing and dyeing factory said that the market situation has become so weak that he is at home during the holidays. He has no orders to make and feels as if he is on holiday. “The dye vat operating rate in the factory is less than 70%. Sometimes the amount of goods entering the warehouse in a day is less than 200,000 meters, and sometimes it is 300,000 to 400,000 meters. The overall work is not much, and the products made are also very complicated, with everything.”
At present, the operating rate of dyeing factories in Jiangsu and Zhejiang is in a tepid state, maintained at around 70%, with some below 70% and some around 80%. Although this opening rate is close to the highest point this year, it is still at a lower level compared with previous years. In previous years, although this time was the end of the year, a batch of orders would often be placed before the Spring Festival holiday to prepare for the window period of the Spring Festival holiday. Therefore, dyeing factories were quite busy in previous years. It can also be seen from the figure that the operating rate of dyeing factories in the past two years was above 80%.
Recently, under the influence of the new virus, market panic has intensified, and the market outlook has become increasingly uncertain. The overseas epidemic is still serious, terminal consumption has been weak in recovery, and the order volume of end customers is still lower than expected. Stocking and urgent orders have declined. It is only a matter of time before the early holiday spreads from downstream to upstream.
With the end of the “Silver Ten” peak season, the market situation has become increasingly deserted. Some textile people have long said that there will be a holiday in December. Some say it will be the beginning of December, some say it will be the end of December, and the latest is usually January. Mid. In addition, considering the epidemic situation and in order to stagger the peak, migrant workers will return to their hometowns early, and the market holiday may come earlier this year than in previous years. Then as the shutdown of downstream factories such as clothing factories and shoe factories gradually spreads, it may not be too long before dyeing factories stop production and take holidays due to orders.
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Recently, under the influence of the new virus, market panic has intensified, and the market outlook has become increasingly uncertain. The overseas epidemic is still serious, terminal consumption has been weak in recovery, and the order volume of end customers is still lower than expected. Stocking and urgent orders have declined. It is only a matter of time before the early holiday spreads from downstream to upstream.
With the end of the “Silver Ten” peak season, the market situation has become increasingly deserted. Some textile people have long said that there will be a holiday in December. Some say it will be the beginning of December, some say it will be the end of December, and the latest is usually January. Mid. In addition, considering the epidemic situation and in order to stagger the peak, migrant workers will return to their hometowns early, and the market holiday may come earlier this year than in previous years. Then as the shutdown of downstream factories such as clothing factories and shoe factories gradually spreads, it may not be too long before dyeing factories stop production and take holidays due to orders.
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Recently, under the influence of the new virus, market panic has intensified, and the market outlook has become increasingly uncertain. The overseas epidemic is still serious, terminal consumption has been weak in recovery, and the order volume of end customers is still lower than expected. Stocking and urgent orders have declined. It is only a matter of time before the early holiday spreads from downstream to upstream.
With the end of the “Silver Ten” peak season, the market situation has become increasingly deserted. Some textile people have long said that there will be a holiday in December. Some say it will be the beginning of December, some say it will be the end of December, and the latest is usually January. Mid. In addition, considering the epidemic situation and in order to stagger the peak, migrant workers will return to their hometowns early, and the market holiday may come earlier this year than in previous years. Then as the shutdown of downstream factories such as clothing factories and shoe factories gradually spreads, it may not be too long before dyeing factories stop production and take holidays due to orders.
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