Cost Increased In China Market

- Oct 27, 2020-

1. Finished product market stocking and winter clothing fabric orders "crash". Those familiar with the fabric market know that in the second half of the year, the finished product spot market will usher in a relatively concentrated pre-stocking before or after October and November. This is also the more common "market order" in the market. During this period of time, the order quantity is large, the variety is limited, and the duration is short.

This time has come now, and orders are coming more obviously than in any previous year.

2. End-of-year replenishment in the domestic fabric market

Also because of the extremely limited number of orders throughout the first half of the epidemic, many textile and apparel companies missed the spring and summer markets. Lack of confidence in the future market has led to insufficient enthusiasm for stocking in the spot market. Nowadays, the backlog of replenishment demand is concentrated and all kinds of orders are on the battlefield. They are confronted with the current winter clothing fabric orders. The market will burst next time, reaching the level of The peak of the market.

3. Dual factors at home and abroad drive the development of the industry. At present, the domestic textile and apparel industry's recovery is mainly due to the superimposed effects of dual factors at home and abroad.