Epidemic spreads, serving as a trade wake-up call

Epidemic spreads, serving as a trade wake-up call!
Lower-priced feedstock, the difficulty of destocking, and the sharp decline in profits have become the "thorns" in the minds of current textile owners. For them, only the need to recover as soon as possible can alleviate these pressures. Fresh orders of most weavers were thin, which was not comparable to hot sales of "Golden Mar" in previous years.

The outbreak in China delayed the recovery of the domestic trade market in Feb, and that outside China in Mar, which also affected overseas orders. Some textile companies have cancelled orders due to the severe epidemic.

Some foreign trade companies have stated that orders from Italy have been cancelled and a orders of 300,000 meters from South Korea have also been cancelled. Therefore, current textile enterprises face challenges home and abroad