the slope of the month-on-month repair of domestic demand will become gentler in the second quarter

From the perspective of domestic demand, the slope of the month-on-month repair of domestic demand will become gentler in the second quarter, after the concentrated release of the backlog of demand in the first quarter. However, there is a difference for textile and clothing. As a seasonal consumer good, the demand for autumn and winter clothing is expected to have a chance in the second half of the year, but the demand is expected to start in Sep or Oct. Before that, it is mainly an off-season, and the sensitivity to price is relatively high. If the price really rises, the attractiveness of restocking will also weaken.