Ji Lu Yu: Textile Market Supply Exceeds Demand To Reach Peak Season Expectations (3.27)

This week is the last week of March. Through the feedback from all parties, the market performance of each chain has not yet reached the expected level in the peak season. It is still a situation of overall supply exceeding demand, and no good news has been found to stimulate the market.

According to feedback, at present, the number of orders is better than that of yarn orders. From the order, the new fiber, blended and interwoven varieties are more popular; the shipment of mainland varieties is relatively stable.

At present, the price of raw cotton has fluctuated, and the quotation of cotton yarn of downstream spinning enterprises has increased slightly, but the actual paction price is relatively stable.

Recently, according to Henan market feedback, knitting yarn is better shipped than woven yarn, and 26S and 40s sales are better in the short term.

In addition, under the influence of the tax reform policy in April 1st, the early order guests, regardless of whether the order has been completed, have been striving to coordinate with the manufacturers. The full invoice has been opened to the market as far as possible in March, causing many manufacturers to issue large sums of money this month, and it is also very troublesome.

Some of the customers who plan to place orders have postponed the order, and whether the market price has changed after the tax reform.