The inquiry atmosphere has picked up, and it is difficult to increase the price of the backlog of gray fabrics

    Different from previous years, the increase in polyester filament production and sales mainly relies on promotional activities. This year, the frequency of polyester filament promotions and profit margins have been significantly narrowed. According to Longzhong Information, the current capacity utilization rate of the polyester filament industry remains at around 86%. However, from August to mid-September, the supply of polyester filament was generally operating at a high level. Of course, the high load is attributed to the overall low inventory of the current industry. .
    According to the latest data released by the General Administration of Customs on August 8, my country's textile and apparel exports declined again in July due to declining foreign demand, reduced orders and a high base last year. In US dollars, textile and clothing exports fell 18.3% year-on-year in July, a decline greater than that of national trade in goods. From January to July, the cumulative year-on-year decrease was 10%, and the decline expanded by 1.7 percentage points from the previous month. From the perspective of export commodity categories, textile exports continued to shrink due to reduced orders for end consumer goods. Exports for the month fell by 17.8% year-on-year and 3.6% month-on-month. Clothing exports did not continue the recovery trend in June. Exports in that month fell by 18.7% year-on-year and increased by 3.5% month-on-month. The cumulative declines in textiles and clothing in the first seven months further expanded compared with the previous month.
    The current start-up of the demand-side industry is affected by production profits and new orders, and the load increase is relatively limited. Raw material procurement is more cautious, and rigid demand is the main focus. It is difficult for elastic yarn and gray fabric prices to rise. Factories are mainly destocking. Considering the sharp decline in terminal textile and apparel exports , the market is more cautious about foreign orders in the third quarter. At the end of August, the number of new orders for winter thermal fabrics in the factory has picked up slightly. The atmosphere for domestic winter textile and clothing inquiries has heated up. The number of orders has increased compared with last week. Water-jet loom fabric merchants have taken the opportunity to stock up. The atmosphere is good. , some of the backlog of gray fabrics in weaving factories were sold at a loss, and the market volume increased slightly.