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Skyrocketing freight !how is china Textiles .

Skyrocketing freight !how is china Textiles .

2020-12-02 13:50


Novel coronavirus pneumonia has been diagnosed in Beijing by more than 63 million 70 thousand cases, reaching 63072905 cases in November 30th at Worldometers on the world time statistics at 13:31 in the world. There are more than 1 million 465 thousand cases of cumulative deaths, reaching 1465186 cases. Novel coronavirus pneumonia is the most common diagnosed case in the world, with more than 13 million 750 thousand cases, reaching 13750404 cases, and more than 273 thousand cases of cumulative deaths, reaching 273072 cases.


1) China Textile City: marketing of elastic fabric in winter and spring is relatively flat

In recent years, the traditional market of China Light and textile city has different number of merchants from north to south. The local subscription of counterpart fabric is sluggish and mutual, and the local marketing trend of elastic fabric is differentiated. Some front store and back factory type fabric companies and large-scale professional large-scale enterprises have been trading with border trade and export orders in medium volume, and the transaction amount of various varieties has increased. However, small and medium-sized business households are insufficient in the transaction of public elastic fabric, and the stock of mass fabric is increased, while the transaction of jet knitted and woven public polyester polyurethane elastic fabric is still relatively flat.

2) Nylon FDY, nylon DTY, PTA rose in the recent week

According to the price monitoring of the business agency, in the 47 th week (11.23-11.27) of 2020, there are five kinds of commodities in the textile sector, with the top three commodities respectively being nylon FDY (2.39%), nylon DTY (1.67%) and PTA (1.22%).

There were five kinds of commodities that declined on a month on month basis. The top three products were polyester DTY (- 1.03%), polyester POY (- 0.81%) and rayon yarn (- 0.67%). The average weekly increase or decrease was 0.2%.

3) China's cotton imports broke out again in October

According to the statistics of China cotton net and customs, China imported 208100 tons of cotton in October, 1% lower than the previous month, but the year-on-year increase reached 185%; thanks to the sudden explosive growth of orders for Thanksgiving and Christmas. Two, the color level and quality index of machine picked cotton in Northern Xinjiang are not too "awesome" and the ginning factory is reluctant to sell this year. The resources of double 28/ double 29 are scarce in the short term mainland, and three is the outbreak of new crowns in Urumqi and Kashi. Not only do they supervise the export of warehouses, but also the mainland's textile enterprises, cotton traders and futures companies are buying 2020/21 for new year's purchase, which is postponed 10-1. Five days. Fourth, the appreciation of the RMB exchange rate in October, the import cost of foreign cotton decreased significantly; fifth, in October, the additional 400000 tons of sliding tariff processing trade quota was issued in 2020, which eased the pressure of cotton cost for enterprises.

4) 10000 US dollars, skyrocketing freight! What profit is there in textile trade?

According to media reports, in recent months, due to the unbalanced global economic recovery, the sharp rebound of epidemic situation in many places in the world, and the arrival of Christmas and new year's traditional transportation peak seasons, many ports in Europe and the United States have been congested, while many domestic ports are extremely short of containers. In this case, many large shipping companies began to levy congestion surcharges, peak season surcharges, shortage charges and other surcharges. That is to say, the freight from the salt fields burst out last week to Al khsilas has reached a high level of 10000 USD, and Sudan has entered the era of 10000 yuan sea freight this week. At present, the sea freight from Ningbo to Sudan has exceeded ten thousand US dollars. Industry analysts said novel coronavirus pneumonia was the main reason for the global economic recovery. At present, freight rates are almost at the highest level. With the past of the peak transportation season and the recovery of the global economy, the freight rates will slowly fall back.


1) Most of the international oil prices are bullish in the next step, and OPEC meeting is coming soon

According to the weekly financial market survey released by fx168 on October 29, most analysts and traders are more optimistic about the prospect of crude oil in the new week, with the proportion of bullish accounting for 45%, bearish proportion of 35% and consolidation proportion of 20%. Last week, WTI oil price was at $45.53/barrel, while Brent crude oil was at $48.18/barrel in February, rising for the seventh consecutive day, up 7.16% this week. On the whole, the voice of the market is also divided. The OPEC meeting is about to hit heavily, and the uncertainty of the market is increasing. Although most institutions think that OPEC + postpones the production increase plan as scheduled, the long investors still directly close their positions and leave the market. All of this has led to downward pressure on oil prices.

2) Several big textile exporting countries in Asia enter "winter" almost at the same time

Many textile export countries encounter order crisis! Recently, India, Vietnam, Myanmar, Sri Lanka, Bangladesh and other countries have entered the "winter" almost at the same time. India "does not add groups" or accelerates the outflow of textile and clothing orders; Vietnam is restricted by the import of cloth, and its annual export target is hopeless; Bangladesh is restricted by the second wave of epidemic in Europe and America, which aggravates the order crisis, and Sri Lanka's export drops by 20% year-on-year; Myanmar's raw material supply is insufficient; Jordan has partially turned to the production of masks, protective clothing and protective shoes

3) Founder of Zappos, the world's largest footwear e-commerce company, dies

Xie Jiahua, a Chinese American entrepreneur, died on November 27 at the age of 46 after being seriously injured in a fire, US media world daily reported. Xie Jiahua is the founder of Zappos, an American shoe e-commerce website. He is called "online shoe king" by the media. After his death, Amazon founder Bezos, Yang Anze, Ivanka and other celebrities have sent articles to mourn. Zappos, founded by Xie Jiahua, has made great progress in more than 20 years since its establishment. Now, it has become the world's largest shoe e-commerce. Its sales once accounted for 1 / 4 of the U.S. shoes. It is known as "Amazon selling shoes", and Xie Jiahua is also known as "Yang Zhiyuan No.2".

4) Us opens anti dumping investigation on Vietnam pet textured yarn

Vietnam's "investment online" reported on November 25 that the trade defense Bureau of Vietnam's Ministry of industry and trade announced that the US Department of Commerce had officially announced that it would open an anti-dumping investigation on Vietnam's polyester textured yarn (Pty) products. At the same time, the yarn from Malaysia, Indonesia and Thailand was also investigated. The U.S. Department of Commerce will release its preliminary findings no later than April 6, 2021


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