Short date of delivery

Recently, the processing is relatively relaxed and the comprehensive operating rate of the printing and dyeing mills in Jiangsu and Zhejiang is about 60%. The dyeing mills basically start to dye when the orders appear, and the delivery time is short. For example, the orders of conventional products can last for 5 days production. The main reasons for this situation are the conflict between Russia and Ukraine, higher interest rate increased by the Fed and the repeated COVID-19 pandemic. Therefore, there are signs of stagflation in the macroeconomic cycle and market worries about the economic recession continue to rise. In this context, the textile and apparel market demand in 2022 continues to be under pressure