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Good news: EU resumes Myanmar's garment orders, and Southeast Asia accelerates the process of purchasing domestic fabrics!

The crisis of overseas epidemic is still escalating. From the perspective of Russia and India's "failure" to continue to extend the isolation period, the severe export situation may be difficult to be alleviated in the short term.

It seems that the textile market in May is undergoing differentiation. Both domestic trade and export sales are unpredictable. At the early stage, the domestic textile foreign trade bosses who suffered from the lack of orders are looking forward to the recovery of the overseas market as soon as possible.

In May, European epidemic control measures were gradually relaxed, and many countries began to return to work. It is reported that on the first day of resumption of work in France, there were long lines in front of Zara shops in many cities Retailers are beginning to show signs of a gradual recovery.

In addition, it is reported that with the lifting of the restrictions related to the prevention and control of the new crown epidemic, EU countries have begun to contact with garment orders, and Myanmar is expected to receive orders in June. After more than two months of epidemic situation, Myanmar clothing industry will usher in an excellent prospect, which is also good news for domestic textile and foreign trade enterprises.

After all, China is not only an investor in Myanmar's textile and garment industry, but also an important source of raw materials and intermediate products. The improvement of Myanmar's garment industry is bound to accelerate the purchase of domestic fabrics.

It is reported that recently many textile owners said that foreign inquiry orders began to increase. "Recently, the orders in our domestic market are increasing, many of which are sold to medium and large-scale enterprises. However, the prices of foreign orders are also increasing obviously in the near future. Although they have not yet been placed, at least they are moving." A textile owner who specializes in fashion fabrics said.

Coincidentally, the head of another foreign trade company said that the order is gradually recovering. He said: "since the outbreak of the overseas epidemic, we have had no order for a full month. Now it's hard to start to have a list. It's impossible to recover to last year. It's estimated that at least 50% of the sales volume will decline this year."

In 2020, an epidemic situation makes many textile foreign trade enterprises face big problems. 2017 and 2018 are the time when textile domestic trade and foreign trade are blooming everywhere. "When there are most factories, one cabinet can be produced every day, which is sent to the Middle East to make clothes." "When the market is good, the workers are busy every day, and the paper makers often work overtime."

Later, because of the Sino US trade dispute, such a situation will no longer exist in 2019. In this year, many textile factory owners' orders to the United States fell by nearly half. However, it's not the worst time yet. "The latest order received by the factory is the order turned over a year ago. The quantity is 30000 meters. When the goods have been delivered recently, there is almost no order." Mr. Chen said.

The monthly cost of a factory with 100 looms and 50 workers is almost 400000 (including rent, water and electricity, labor, and raw materials). For the boss, he still needs to bear hundreds of thousands or even more costs without supplementary orders. The pressure is obvious.

"It's much more difficult to do foreign trade than domestic trade this year. The factory has piled up a month and a half of inventory, and some orders in the early stage have been delayed until now, the customers have not said that the inventory for goods is also under pressure, which is enough to test our capital!" In addition to the stock and capital pressure, many foreign trade bosses are under great pressure. From time to time, overseas enterprises are also affected by the trend of bankruptcy and bankruptcy. According to the latest news, the market downturn and stagnation will continue:

1. Price retail giant Primark has announced it is looking for space to store a large number of unsold inventories worth about £ 1.5 billion. Almost all of Primark's stores are closed, with a monthly loss of about £ 650 million and no products sold online.

2. Renown, a major Japanese clothing brand, filed for bankruptcy, the first time this year that a Japanese listed company went bankrupt. Renown, founded in 1902, is a comprehensive fashion group with a history of more than 100 years and actual achievements. It has more than 30 international brands, including Arnold Palmer, Hiroko Koshino, etc.

3 and 15 reported novel coronavirus pneumonia, which was under the condition of 500 million euros in the restricted business of Galeria Karstadt Kaufhof, the largest German department store group.

4. JC penny, one of the largest department stores chain in the United States, filed for bankruptcy Friday, the largest retail enterprise so far affected by the epidemic.

It can be seen that the number of small and medium-sized enterprises closed down due to the epidemic has increased dramatically, and the impact of economic contraction has begun to spread to large enterprises abroad, which is undoubtedly a blow to domestic foreign trade enterprises eager to recover.

In mid May, in a questionnaire survey on foreign trade orders conducted by China silk capital.com, nearly 80% of the bosses involved in the survey said that foreign trade orders had not improved. "80% of our previous major customers are from abroad. Recently, there are not many new orders. In previous years, we will focus on proofing orders for next spring and summer. At present, these orders have not been released."

In any case, now that may is more than half, the recovery breath of foreign trade market expected by textile people is not obvious. In the past, June and July are the off-season of foreign trade market. Many European and American countries have the habit of summer vacation, so the sales cycle has been compressed again. No wonder that textile owners say: the first half of this year has a lot of pressure to improve foreign trade, the key is whether September can recover!