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Hebei: The Market Is Now "More Than Three, Three Or Less".

2020/3/11 18:54:00 0

HebeiCotton Market

In the middle of March, Hebei has confirmed the report of new crown pneumonia cases for many days, and all walks of life have resumed. Specifically to the cotton industry chain, although many enterprises resumed production and resumed production, overall, it is still not active enough. Showing "three to three less" trend.

First, many enquiries and few transactions. In March 11th, a trader in Hengshui revealed that cotton enquiries increased significantly in recent days, but most of them had no news after making a phone call for a price. On the one hand, the inquirer inquired about the market to preheat the market; on the other hand, he made a corresponding strategy through the inquiry of the market voice. Transactions are rare. After entering March, the trader completed only one transaction, or was responsible for short haul delivery, and only more than 40 tons of cash was sold on credit.

Similar to the trader's situation, recent Hebei traders, middlemen and ginning mills have few sales records, indicating that the market is still not active.

The two is pessimism and optimism. Recently, whether it is textiles, grey cloth or cotton practitioners, everyone is very pessimistic in their hearts.

For example, the textile industry in Hebei has resumed production and reproduced slightly later than that in Shandong and Jiangsu and Zhejiang provinces. The biggest problem now is the serious breach of foreign orders in the past years, and the enterprises must pay a large amount of liquidated damages. However, there is no new customer after the year, and there are no customers in spot sales.

Grey cloth has two difficulties: printing and dyeing is difficult, and it will take 7-10 days to get round. And with the increase of dye price, many dyeing factories try to increase the dye fee, which makes it difficult for cloth factories to accept. Another difficulty is that after finishing the order a year ago, many factories could no longer get new orders, so they could only adjust their production capacity.

And cotton? Recently, the price of oil exporting countries has been affected by the price of Chi Yu. Zheng cotton up and down, enterprises can only wait until the epidemic is over.

Therefore, it is hard for everyone to feel optimistic and even a lot of people want to leave the industry completely.

The three is to stock more and consume less. As the market before June (academician Zhong Nanshan said that the global epidemic ended in June at the earliest) is generally pessimistic, inventory has become the common mentality of many industry players. However, because the offline stores, shopping malls, fabric and clothing distribution centers are still in the state of being sluggish, consumption is very low. The upstream production capacity can not be transmitted to the downstream normally.

Therefore, this situation caused the larger the inventory, the more losses, the more the situation, the more eager manufacturers to inventory realisation.

In summary, the epidemic is the main culprit. When the epidemic alert is completely lifted, the "three to three less" will be completely changed. Let's wait for the flowers to bloom.
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