In May, The Textile Industry Chain Is Facing A Serious Polarization.

In 2020, it is difficult for the whole society, the country and the whole world, not only to fight against the sudden virus, but also to solve the consequent economic crisis.

Recently, another large textile enterprise declared bankruptcy as a result of losses. The Shandong Hualong textile Limited by Share Ltd has been announced by Wulian County People's court, declaring the company bankrupt.

It is reported that the company is a well-known veteran enterprise in Shandong. It has 120 thousand spindles, 1000 shuttle looms, 382 world-class jet looms, 200 rapier looms, 7 Japanese jet spinning machines, more than 200 sets of garment processing equipment, 5000 employees, 580 million yuan in total assets, 5 branch factories and 1 provincial import and export companies. Colored yarns and "dragon spinning" polyester and viscose fabrics are certified as "Shandong famous brand" products.

No matter what the reason for the early operation of the enterprise is bad management, the serious epidemic this year may be the last straw that has crushed it. Affected by the global spread of the epidemic, it is difficult for textile enterprises to make orders, and capital turnover is difficult.

More than just domestic enterprises, the recent closure of foreign enterprises affected by the epidemic is also many. For example, the US Department Store Neiman Marcus has been unable to sustain itself, becoming the first large department store in the United States to be overwhelmed by the economic collapse of the new crown pneumonia epidemic. J.Crew, a well-known clothing retailer in the United States, filed for bankruptcy protection as the first major retailer to apply for bankruptcy protection in the current round of the epidemic.

The impact of the outbreak on the global textile value chain is startling. According to the latest news: the international textile manufacturers' Union (ITMF) conducted a third survey on its members, enterprises and associations on 16-28 April 2020. The survey results showed that the average global textile orders fell by 41%, compared with 2019, and the average global turnover in 2020 is expected to decline by 33%.

Taking a look at the textile market in Jiangsu and Zhejiang provinces, the 3 months after the start of the year are more severe than in previous years.

Raw materials: in the past 3 months, the prices of polyester filament products have decreased to varying degrees, and the drop is over 20%, due to the poor demand for weaving Market, upstream PTA, ethylene glycol end collapse and self height stock. In the early May, the price of crude oil rose, and the price of polyester increased. But then it dropped rapidly. In recent days, the price of polyester filament has doubled. Production and marketing equally poor, has been wandering around 5.

Weaving inventory: according to a sample of enterprises monitored by China's silk net, there are 41-42 days in the Shengze area. Although it has declined over the previous period, it is still at a high level compared with 38 days in the same period last year. Under the influence of the epidemic, foreign trade orders have mostly stopped, and domestic trade demand has improved, but it is still recovering slowly, and weaving enterprises are slow to go to the warehouse.

Starting rate: according to statistics, at present, the loom rate in Shengze is about 70%. 3 in mid - and late June, the rate of loom start up dropped seriously after the overseas orders were almost stagnant. But compared to the same period, the loom's starting rate is still low. And is about to enter the traditional off-season, the possibility of further decline in the possibility of larger.

The serious shrinkage of demand for terminal garments has led to the prospect of conventional products. But in contrast to the conventional varieties, it is the mask and protective clothing that the market is still hot in the near future.

Take masks as an example. Although the standard of mask export is strict now, and the US FDA has only 14 of the 60 Chinese manufacturers to sell N95 masks in the United States, but with the resumption of production in Europe and the United States, the demand for masks is still huge.

Recently, a trader said: "recently received a 14 million KN95 mask orders, but because the United States exports to the United States, the quality requirements are very high, the domestic NIOSH manufacturers are not many, on the basis of the price is suitable, it is still very difficult to find manufacturers. And the risk of exporting to the United States is greater. Sino US relations still have uncertainties. But the customer has attached great importance to it. I have stopped several clothing lists in my hand and focused on the mask list.

KN95 masks are basically disposable in Europe and America. Recently, France, Britain, Denmark, Austria, Spain and other countries have indicated that they will gradually be released. Therefore, the demand for masks is still large, and it will still be on the market for a while.

At the same time, influenced by the heat of mask, the price of nylon in recent years has risen sharply. The price of nylon POY increased by 800 yuan / ton compared with the end of April. The price of nylon DTY increased by 900 yuan / ton compared with the end of April, and the price of nylon FDY rose by 900 yuan / ton compared with the end of April.