Recent cotton textile enterprise market
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Affected by the epidemic at home and abroad, market demand is sluggish, cotton textile enterprises are sluggish, cotton textile enterprises' operating rate is around 60%, new and technological transformation projects are few, and the demand for equipment and equipment has dropped sharply. Many equipment enterprises produced in the first quarter. Sales mainly continued last year’s orders. In the second quarter, the task volume was obviously insufficient. In addition to the spread of foreign epidemics, import and export logistics and personnel flow were difficult, and the sales of spinning equipment, including import and export, showed a significant decline. Imported equipment only had jet vortex. Spinning equipment is still growing, indicating that the domestic investment enthusiasm for vortex spinning equipment continues. It is expected that the market demand for spinning equipment will not show any signs of improvement in the third quarter, and the shortage of orders will continue.