The only expectation of domestic players is export before the Lunar Chinese New Year (LNY) holiday

The only expectation of domestic players is export before the Lunar Chinese New Year (LNY) holiday. Some export orders will be placed in advance due to the Spring Festival holiday while the specific volume needs further observation. On one hand, demand for textiles and apparels may be hard to rise much amid the spread of pandemic outside China; on the other hand, prices of raw materials have declined but the dyeing fee and post-finishing charge have increased by near 20% and is high now. As a result, offers of grey fabric are very high. Some overseas customers may place orders in batch and some are likely to delay orders with long delivery after the Spring Festival holiday.