According to Longzhong Information’s survey data on major yarn manufacturing enterprises in Jiangsu, Zhejiang, Fujian, Henan, Shandong, Jiangxi, Sichuan, and Shaanxi, the earliest planned holiday for sample enterprises is January 31 (the 19th day of the twelfth lunar month). The holiday in some areas is planned to be later than February 11 (the 30th of the twelfth lunar month). Returning after the New Year, the earliest start date for construction is February 14 (the third day of the first lunar month). In some areas, the start of construction will be later or postponed to February 27 (after the fifteenth day of the first lunar month).
The actual holiday and production resumption situation still needs to be adjusted according to local epidemic prevention policies and the arrival of non-local employees. The Spring Festival holidays and start-up surveys in various places are as follows:
Considering that the weaving market continues to cool down, companies in many places have concentrated on reductions and suspensions from the 15th to the 25th, and the domestic epidemic has broken out in scattered spots, which is urgently needed Will continue to shrink, but many yarn companies hold long-term contracts, and orders can last until March-April. However, social inventories continue to be low, and they will continue to focus on rushing orders. Areas other than Hebei will remain open, and it is expected from the end of January to the beginning of February. The pace of shutdowns has accelerated.
In addition, according to previous research data on major printing and dyeing production bases, weaving companies plan to have a holiday at the earliest on January 15 (the third day of the twelfth lunar month), and some areas will have a later holiday. Or postponed to February 1 (the twentieth day of the twelfth lunar month). The sample enterprises plan to start operations as early as February 19 (the eighth day of the first lunar month). In some areas, the start time is later or postponed to February 27 (after the fifteenth day of the first lunar month). The actual resumption of production still needs to be adjusted based on the arrival of non-local employees. , it is expected that the printing and dyeing operation rates in various regions may gradually return to normal levels by the end of February.
Judging from the current situation, the production and sales of domestic yarn mills and weaving companies are still relatively smooth. They must hurry up to arrange and rush orders, and the downstream terminal market sentiment Stable, there are not many textile companies that have plans to sell goods at low prices and withdraw funds before the Spring Festival.
According to Shandong and Henan textile enterprises, although the current cotton yarn transactions and shipments are good, and the net spinning profit has also improved significantly compared with October and November, concerns have gradually increased in recent days. :
Firstly, due to the recent high cost of restocking lint cotton, and the gauze order period is concentrated in October-November, the actual net profit is greatly reduced;
Second, the development of the epidemic, the appreciation of the RMB, and the relationship between China, the United States, and Europe in the first half of 2021 are highly uncertain. The risks of long-term and large orders are relatively high, and the delivery period of “short, small, and precise” orders is Concentrated before the Spring Festival, the order-taking situation in March and April is not clear;
Third, as the epidemic situation in India, Pakistan and other countries gradually comes under control, the resumption of work and production is accelerated, and China Low-end home textiles and clothing export orders have begun to flow back to India from China. In addition to transferring orders to Southeast Asia’s major textile countries, some international brands and retailers have also expanded investment and construction of factories. Some small spinning mills and weaving companies have seen larger declines in processing orders for bedding, towels and other home textile products compared with November and December;
Fourth is the front-end prices of cotton, yarn and other products Prices of gray fabrics and fabrics rose sharply, followed by moderate increases in prices of gray fabrics and fabrics, while prices of clothing and terminals increased slightly or even slightly. Amid the raging epidemic, not only are European, American, Japanese and Korean customers fiercely lowering prices, but sea freight, warehousing fees, road freight, etc. have all risen significantly. The prospects for low-profit, volume-dependent textile and apparel exports are not very optimistic. </p
