Ji Lu Yu: Weak Market Development, Spinning Enterprises, Insufficient Orders

In recent years, the textile market in Hebei, Shandong and Henan has continued to develop in a disadvantageous way. The prices of upstream raw materials have been steadily rising, but the sales of conventional cotton varieties in the downstream textile mills have declined, the orders of high-density and high-density varieties have been reduced, the amount of downstream cotton picking is smaller, and most of them are bought and used. The level is very low, even loss. Therefore, under the serious shortage of orders, most textile enterprises and grey cloth factories still take measures to limit production and shutting down to maintain the survival of enterprises, especially the phenomenon of small and medium-sized enterprises. The continuation of foreign epidemics and the textile industry are in the traditional off-season, making the off-season in 2020 more severe. This year, the domestic employment rate is low, and the income pressure of many industries is relatively large, resulting in a decline in consumption capacity, and the consumption of textiles and clothing is no exception. Therefore, the industry expects that such a situation will continue in the later stage, and the subsequent order will be insufficient, and the operating rate of the enterprises will continue to go down, leading to a downward trend in the overall production and sales rates of the factories. Market competition alone will be more intense. After all, it is related to the survival of enterprises.