Supply and demand status will be reevaluated according to the actual implementation of policies

In long run, demand for textiles and apparels mainly relies on export in 2021. As for the grand tendency, exports of textiles and apparels have peaked in China and started falling slowly. The Sino-US trade negotiation should be noted in short run. Domestic demand is expected to turn thinner in Nov-Dec. It is suggested to pay attention to the export orders for spring wear. Whether falling sea freight recently will favor the placement of export orders? In terms of supply side, the production curtailment resulted from the energy consumption regulation should be concerned. Supply and demand status will be reevaluated according to the actual implementation of policies.