According to the agency, India is the world's largest textile country, with yarn and low-end home textiles and other sectors playing an important role in the world. Influenced by the epidemic out of control, India's textile industry will inevitably stop production.
According to market news, recently due to the impact of the epidemic in India can not guarantee normal delivery, domestic enterprises have received part of overseas return orders. Affected by this, recent domestic cotton yarn and short - term futures prices have risen significantly, some supplies are tight. The industry believes that according to the backflow of overseas orders last year, home textile related products and downstream yarn and other varieties of demand hope to grow significantly. Domestic textile orders are expected to pick up further in May - June. However, although the epidemic situation in India is more serious than last year, it has avoided the peak season of March in the first half of the year. At the same time, the global textile production in the past six months has not been largely stagnated, and there is not too much backlog of orders, but a slight surplus of demand. At the same time, considering the great uncertainty of the national epidemic and social problems, The production and marketing situation of textile clothing enterprises can be much support this round still needs to be observed.
India orders backflow of nature can help domestic textile industry, and in contrast, the current market, yue end four, but may is about to enter the off-season, most coastal areas knitting factory has not received the new list, instead of single has been gradually weakened, lack of good macro level, foreign outbreak continued fermentation, terminal orders more cautious, and foreign trade order confirmation also has the certain difficulty, There are still some negative factors, such as high sea freight, still severe epidemic situation overseas. Recently, the phenomenon of order regret is relatively serious. At present, the implemented order volume is difficult to meet the expectation. The textile situation is still not blindly optimistic!
The closure and blockade have seriously affected the viability of Indian enterprises, the rupee against the dollar exchange rate has plummeted, the transportation is blocked, the abandoned goods and other problems are emerging... Here is a reminder that foreign trade enterprises that have recently exported to India or other countries affected by the epidemic, or freight forwarders that collect goods in the local market, should always pay attention to the safety of goods and freight!
https://mp.weixin.qq.com/s?__biz=MjM5NTEwNTY5OA==&mid=2659310214&idx=1&sn=12c3a75d26571a801a0564d322383fdc&chksm=bd88e44b8aff6d5d78ed44e3030d53eb1c396129b1d2131cd38848ee337b8ca8fe367e616dfa&mpshare=1&scene=1&srcid=0428BT3Km9Y58Uen8pGCnC0V&sharer_sharetime=1619589670243&sharer_shareid=ff5f2139d31a4580928c819c5eb948df&exportkey=AYsyxP5l7BSiV8KZp7TNE8M%3D&pass_ticket=%2BkRBt%2FbMNRpJNYhaEuTV%2BeJ8zFtplyiPPSD1UgP%2BkNvvRCzNtU6PNif8EPCz7Kw8&wx_header=0#rd