Fabric Products,Fabric Information,Fabric Factories,Fabric Suppliers Fabric News Work stoppages, escapes, city closures… The resurgence of the epidemic in Southeast Asia has led to a return of orders. The textile market has broken through the shackles of the off-season, and raw materials have increased by more than 150%!

Work stoppages, escapes, city closures… The resurgence of the epidemic in Southeast Asia has led to a return of orders. The textile market has broken through the shackles of the off-season, and raw materials have increased by more than 150%!



Vietnam has been severely affected by the COVID-19 epidemic recently. According to Taiwanese media, it was recently reported that an employee of An Puxin Company, a Taiwan-funded enterprise in Binh Duong Provin…

Vietnam has been severely affected by the COVID-19 epidemic recently. According to Taiwanese media, it was recently reported that an employee of An Puxin Company, a Taiwan-funded enterprise in Binh Duong Province, Vietnam, was diagnosed. The local government ordered the factory to be closed immediately, and all employees were waiting in place and Get screened. This caused other Vietnamese employees in the factory to panic and rushed to the factory gate to leave. Even when facing the blocked iron gate, hundreds of employees worked together to “shake apart” the factory gate and then took advantage of the opportunity to escape from the factory.

Local media stated that Anpuxin has a total of 5,900 employees in its factory in Vietnam. After employees fled the factory, the local authorities said they had asked employees to come back for screening, but did not disclose how many people fled or how many people did not come back for screening.

The epidemic has hit back seriously

Many countries in Southeast Asia New confirmed cases in each country hit a new high

World Health Organization Director-General Tedros Adhanom Ghebreyesus said that the mutated Delta strain of the new coronavirus is sweeping the world at an extremely fast rate, leading to confirmed cases of the new coronavirus. and deaths surged. Currently, the Delta strain has appeared in at least 104 countries and regions, and it is expected to soon become the dominant new coronavirus in the global epidemic. As of around 6:30 on July 13, Beijing time, there were a total of 188,012,550 confirmed cases of COVID-19 worldwide, and a total of 4,054,980 deaths. There were 417,329 new confirmed cases and 6,570 new deaths globally in a single day.

In fact, in addition to Vietnam, the recent epidemic situation in overseas countries such as the United States and Russia is very pessimistic. In particular, the COVID-19 diagnosis data in Vietnam, Thailand, Indonesia and Malaysia have continued to decline. A new high.

1. Vietnam set a new record since the outbreak, and industrial parks were closed

Vietnam Ministry of Health According to the report, in the past 24 hours, the country has 1,953 new confirmed cases of COVID-19, an increase of 100 cases from the previous day, once again setting a new record since the outbreak, and has exceeded 1,000 cases for 7 consecutive days. Most of the cases are from the outbreak. Ho Chi Minh City is the worst affected area.

Starting from 0:00 on July 9, Ho Chi Minh City will implement social distancing measures for 15 days in accordance with Instruction No. 16 of the Prime Minister of Vietnam. As of now, 107 places in 22 counties in Ho Chi Minh City are under lockdown. Bac Giang Province in northern Vietnam ordered the temporary closure of four industrial parks due to the epidemic. Among them, the Sanyuan Park contains Taiwan’s Hon Hai factory.

2. Myanmar’s new confirmed cases and new deaths hit record highs, and schools were closed

Myanmar The Ministry of Health and Sports announced that a total of 14,432 nucleic acid tests were conducted on the 12th, of which 5,014 cases were confirmed, with a diagnosis rate of nearly 35%. There were 89 new deaths that day. The number of new confirmed cases and new deaths in a single day once again set the highest record since the outbreak of the new crown epidemic in Myanmar. The Ministry of Health and Sports of Myanmar stated that day that in order to prevent and control the new crown epidemic, the country will temporarily close basic education schools from the 9th to the 23rd.

3. Thailand hit a new high in a single day and extended the state of emergency

There were 9,418 new confirmed cases of new coronary pneumonia in the local area, setting a new single-day high. In view of the increasingly severe epidemic situation, the center decided to implement stricter control measures in Bangkok, Nakhon Pathom, Nonthaburi, Pathum Thani, Samut Sakhon and Samut Prakan from July 12. People are prohibited from going out between 21:00 and 4:00 a.m. the next day. The emergency law, which was originally scheduled to expire on July 31, has been extended for another two months to September 30.

4. India has more than 42,000 confirmed cases every day

According to the latest data released by the Indian Ministry of Health on the 12th, the number of confirmed cases of new coronary pneumonia in India has risen to 30,874,376. In the past 24 hours, India had 37,154 new confirmed cases; 724 new deaths, and a total of 408,764 deaths. Data from the Indian Ministry of Health on the 10th showed that there were 42,766 new confirmed cases in India that day.

The overseas epidemic situation is severe and orders are returning

The textile market has broken through the shackles of the off-season, and raw materials have risen by more than 150%

Overseas epidemics are becoming increasingly severe. In addition to causing serious panic to local people, it has also brought consequences to local industrial and manufacturing companies. The serious impact has caused factory shutdowns, park closures, employee holidays, etc., and we will encounter a “suspension” crisis again just like in 2020. The resurgence of the epidemic in manufacturing countries has undoubtedly brought positive effects to my country’s domestic market. Orders from India and other Southeast Asian countries have also begun to return to my country, resulting in a surge in the number of orders for domestic textile, chemical, rubber and other industries.

Although it is currently the off-season for the textile industry, staying in the off-season seems to be a new thing this year. Many textile clusters have seen a significant rebound in their operating rates. In the past week, the weaving operating rate has been rising as if production and work were to resume after the new year. In Haining and Changshu, it has even exceeded 90%. Many countries have recently tightened restrictions again, with Japan and Vietnam even entering “re-blockade”. In addition, foreign trade risks in India, Indonesia, South Africa and other countries continue to escalate, and textile foreign trade may be affected.

This brings opportunities to China, the world’s largest textile country.Since then, Southeast Asian textile industry orders have begun to shift to China in large quantities, and many textile companies have successively accepted return orders from Southeast Asia. Some companies said that orders continue to grow and have been queued up until August, while upstream raw materials are also experiencing tight supply and rising prices amid the surge in demand.

PTA: The PTA market fluctuated upward this week. The average weekly price in the East China market this week was 5,152 yuan/ton, a month-on-month increase of 1.40%;

MEG: The average price in the East China market this week was 5,068 yuan/ton, an increase of 1.85% from last week’s average price, and the average price in the south China market was 5,078 yuan/ton.

Polyester filament: Polyester filament went up this week, POY price was 7850 yuan/ton, increased by 325 yuan/ton; FDY price was 8025 yuan/ton, increased by 250 yuan/ton ; DTY price is 9,200 yuan/ton, increased by 400 yuan/ton.

Spandex: The mainstream reference quotation of spandex 40D in Zhejiang is 72,000-75,000 yuan/ton, which is 2,000-3,000 yuan/ton higher than a week ago. The current quotation of spandex 20D has also risen to 90,000-90,000 yuan/ton. 95,000 yuan/ton, an increase of 86% since the beginning of this year, and an increase of more than 150% compared with the same period last year.

In addition, the epidemic in Southeast Asia has caused shortages and increased demand for my country’s dyes, chemical fiber products and other chemicals, as well as the domestic rubber industry chain, gloves, tires and other products and raw materials. Prices undoubtedly contributed to the situation. Industry insiders said that although it seems that the return of orders and boosted demand will be of great benefit to the industry, the short-term benefits are very limited.

These orders are mostly characterized by small batches, multiple varieties, and fast delivery. At the same time, the COVID-19 epidemic is still spreading around the world, and there is great uncertainty in the external environment. If only If we are satisfied with the current benefits without improving the core competitiveness of the company, and the irreplaceability of the products is not strong enough, then once the epidemic situation improves and the intensity of competition increases, will domestic chemicals continue to be good, and will the market take a turn for the worse? will be an unknown. </p

This article is from the Internet, does not represent Composite Fabric,bonded Fabric,Lamination Fabric position, reproduced please specify the source.https://www.tradetextile.com/archives/25235

Author: clsrich

 
Back to top
Home
News
Product
Application
Search