The production and sales of foreign trade companies and spinning companies This round can still be observed, the reasons are as follows:

First, considering the national epidemic, social problems have a large uncertainty, so orders from some countries in Southeast Asia are "short, small, fine", with short-term production delivery period;

The second is that the order is "transferred" in India, Bangladesh, etc., so that the price of orders in profit is lacking in competitiveness, China Foreign Trade, and Textile Enterprises are likely to lose money. In addition, even if European and American customers directly give Chinese companies Single, it is also necessary to improve the contract price, otherwise domestic trading company, and foundry enterprises are difficult to digest;

Third, some European and American day order requirements prohibit the use of Xinjiang cotton products, domestic companies need to purchase imported cotton, cotton yarn, gray cloth, fabric, etc. ;

Fourth, the recent renminbi appreciation is strong, which is not conducive to the export of spinning clothing, and picks up the middle and long line. According to statistics, only two weeks, the exchange rate of the offshore RMB against the US dollar increased from 6.58, which rose to 6.48, and the increase of 1.54%, for foreign trade companies, export enterprises "pressure hills".

According to Tencent Medical Draft, India's well-known virus scholar Jamir said that the second wave of epidemic may last until the end of May, and the new diagnosis case may exceed 300,000. In addition, experts from two public health in India believe that a single confirmed case may reach the peak to the end of April to May. In 2020, the orders from India returned China were mainly medium-end home textile products. This year, domestic enterprises may pay attention to whether overseas orders will be honored, and pay attention to the low-pure cotton yarn for home textiles.