A few days ago, China Textile Industry Federation issued data show that my country's textile industry has a three-quarter boom index of 58.7, which is 6.7 points in the second quarter. The reason why the textile industry has declined in the three quarters of the textile industry, mainly due to the complicated international environment, impact in the domestic epidemic, and the continuous rise in raw material prices, energy power tension and other factors. Under the superposition of various factors, many textile and apparel companies in China are facing dual pressures declined and the profit decline.

New order index decline in the third quarter

In September this year, under the influence of energy shortages and energy-consuming policies, many provinces in China have issued a limited restriction, including Guangdong, Jiangsu, Zhejiang and other textile provinces, which makes many textile companies have been different. The impact of degree.

In October, some textile and large provinces continue to be affected by limited electricity. The company's booting rate is insufficient. The terminal demand has not increased significantly from the previous month. The overall market is still not smooth.

For textile and apparel companies, a series of factors disrupt the pendant preparation of the industry, and some products have risen, and the delivery cycle is continuously extended, and the pressure of the shortage begins to pass the supply chain. Under the skyrocketing of raw materials, gray fabrics, fabrics, printing and dyeing, etc., and the upstream of the textile market has emerged.

In the industry, the adjustment of the policy is not short-term, especially the price of the chemical fiber raw materials rises all the way, the gray fabric is relatively limited, and there are some orders that have been missed, and some factory production is difficult to produce.

The China Textile Industry Association pointed out that according to the calculation, China's new order index of my country's textile industry was 61.5 in the third quarter of 2021, which fell 8.6 points in the second quarter, but market demand is still growing. It is mainly due to many domestic epidemic, residents and consumption have been affected; the demand for international markets is weak, and the cost of transportation is rising; plus the large number of base periods last year, which also affects new orders growth. In addition, since mid-May, the southern large-scale error peak is electrified, and some regional electricity supply is tense, causing enterprises not dare to order.

Textile and apparel company

The data released by the China Textile Industry Federation shows that in the third quarter of 2021, the profitability of my country's textile industry has declined in the second quarter. According to the survey, 38.9% of textile enterprises have expressed the increase in profit in the third quarter, which decreased by 11.1 percentage points in the second quarter; 29.2% of textile enterprises expressed the decrease in profits than the second quarter, this proportion increased in the second quarter 13.4 percentage points.

With the rise of raw materials, cotton gauze, fabric prices, the export of textile clothing has fallen into two difficulties in advance.

From the perspective of cotton prices, in October, due to factors such as the price of mass commodity market, the domestic and foreign cotton prices have risen sharply untions near 10 years, and they have fallen below. There is a large-scale launch of all cotton districts in the moon, and the acquisition price of seed cotton has risen sharply, leading to a higher price of new cotton.

China Textile Industry Association said that the most important issue encountered in the current enterprise is that the international order is in short supply, and 48.1% of the sample enterprises will listed international orders as the first issue of enterprise exports, with 20.0% sample Enterprises will listed shipping costs as the first issue of enterprise exports.

In addition, due to the influence of the epidemic, many domestic port terminal congestion, container shortage, etc., not only caused significantly in transportation, but also extension the transport cycle, once the goods cannot be delivered on time, will face the risk of orders.

Industry insiders said that for many SMEs, the bargaining capacity in raw materials procurement and product price is not strong. While passive acceptance of raw material prices, the cost pressure cannot be passed, most costs require corporate self-digestion, profit ignorance It will be affected.

Based on the current status of its own production and operation and the experience of the market, some companies are looking forward to the inventory industry in the fourth quarter of the industry. Overall, enterprises are more cautious about the four-quarter industry boom, generally believed that the overall running speed in the fourth quarter is flat. Specifically, it is expected that the production will maintain a smooth operation in the fourth quarter; the new order or slight increase, market demand is expected to expand; the price of raw materials or falls in high levels.

Four major overseas market performance

US market

Under the driving currency stimulus plan, in March, the US clothing retail has been promoted to the new high, and it has broken through the highest record in previous years for 6 consecutive months. Superposition US Second Dado Supplies - Vietnam "Worker Escape", a large number of orders reflow, driving China's clothing exports faster growth. In July 7-August, half of China's clothing exports have come from the US exit.

From September, the US exports have been stopped, and the exports in the month increased by 2.9%. The accumulated exports have been greatly increasing, and the US exports are 42.84 billion US dollars in January to September, an increase of 2.43% year-on-year, an increase of 21.2% from the same period in 2019. Among them, large-class commodity needles increased by 39.7%, an increase of 5.5% over the same period in 2019. With the confidence of American consumers, the outside world has mainstree on the prediction of the US economic rebound, and it is expected that the export of the US consumer goods will remain a good trend in the fourth quarter.

Japanese and Korean market

Since the end of last year, RCEP is officially signed, under policy benefits, China's textile and clothing is growing in Japan and South Korea. From January to August, the import share of Japan and South has increased by 0.8 and 1.7 percentage points respectively. However, in September, my country did not continue the improvement trend of August for the export of Japan, and fell again. The export of this month dropped 10.1%, and the decline was expanded from 6 percentage points from the previous month. Classical commodity needle woven garments only increased by 3.4%.

EU market

Since the third quarter, the export of EU is narrowed, and the cost of apparel is expanded. In September, my country has further reduced the export drop to EU to 2.9%, of which large-class commodity needles have expanded to 19%. From January to September, my country's export of EU's textile and clothing was $ 35.18 billion, a year-on-year decreased by 17.4%, an increase of 14.6% over the same period in 2019. Among them, the export of needle woven garments increased by 15.7%, an increase of 5.9% from 2019.

ASEAN market

ASEAN epidemic recurrence caused a serious impact on Southeast Asian manufacturing, and governments were eager to keep economic and gradually began to adopt the strategy of "coexisting with viral", resume production and external supply. After the export of ASEAN, my country has rebounded in September, and the export of ASEAN has increased by 14.6% in September, and the large-class commercial yarn fabric increased by 18.6%. From January to September, I increased by 23.1% year-on-year to ASEAN textile and clothing exports, the fastest growing in the 4 major markets. In the same period of 2019, it increased by 23.5%. Among them, the focus of the yarn fabric increased by 29% year-on-year, an increase of 7.5% from 2019.

  remind:

Clothing export growth will slow down

In the second half of the year, the export of clothing is expected to be significantly lower than in the first half. The main international market procurement trends are gradually reduced in China's procurement ratio, and the procurement of neighboring countries is increased. For example, in 2020, Inditex reduced the number of suppliers in China, a year-on-year reduction of 13.6%, and more emphasis on purchasing production, Turkish suppliers increased by 6.4%. 4 months before this year, Turkey and Morocco increased by 1.2 and 0.4 percentage points respectively, and Honduras and other countries have grown steadily in the US. It should be seen that the current order reflow is only temporarily, how long can you stay mainly on the degree of recovery of the surrounding countries. The fourth is that foreign demand for epidemic prevention products is gradually declined, and the price is gradually low, and the pulling effect on clothing export will be getting smaller.