Orders Fell Sharply, And Loss Companies Doubled. When Will The Market Of Resilience Appear?

After entering the June, the textile and garment market entered the traditional off-season, compared with the order in May, most people said there was a significant decline. Orders will be reduced and enterprises will inevitably lose money. According to Xiaobian's understanding, there are quite a number of enterprises in this state, especially those in textile enterprises who specialize in foreign trade or foreign trade.

According to the data of the National Bureau of statistics, in the past two years, the number of loss making enterprises in the textile and garment industry registered by the industry and commerce is relatively stable, roughly 3000-4000. But from this year, the number of deficit spinning enterprises doubled, and in February and March, it reached about 6500. Although the number of losses in April has dropped slightly, there is still no return to normal.

A person in charge of foreign trade women's clothing told Xiaobian: "our company mainly exports women's clothing". In the past year, the annual output value was about 80 million, but this year due to the epidemic situation, and the main export to European countries is also the hardest hit area. At present, orders are down by more than 90%. Moreover, the company has a large number of employees, and it is hard to maintain production and operation at present. At present, it is hard to support. The company has adjusted the working hours of its employees, hoping to survive the crisis.

In the first half of 2020, the situation of textile and garment industry has become a "nail in the face". But for the duration of this market, most people will take a "pessimistic" attitude. At least for foreign trade, the overseas epidemic will not end one day, and orders will not return to normal one day. How will the market trend in the second half? Xiaobian believes that the textile and garment industry is after all daily needs. In the second half of this year, the epidemic will be under certain control, and the market with retaliatory and anti resilience will probably emerge.