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On December 19, Ningbo City held a press conference on the prevention and control of the new coronary pneumonia epidemic, at which it was announced that the temporary closure of Zhenhai District, except for the Jiaochuan Street control area and the control area, would be lifted. All kinds of business services, enterprises in an orderly manner to resume production, primary and secondary schools to resume teaching.

The petrochemical products of Zhejiang Iron Dafeng Petrochemical, Zhenhai Refining and Chemical, LG Yongxing Chemical and other enterprises located in Zhenhai District of Ningbo will also gradually resume transportation!

This is undoubtedly good news for the textile industry. The unsealing of Ningbo indicates the gradual recovery of the epidemic in Zhejiang, and the confidence of textile people is also beginning to recover. In mid-November, the new Omicjon virus was raging, and the number of new cases in several overseas countries surged. This strain caused global panic, causing prices of crude oil and commodities to plummet, and confidence in the textile market weakened. In early December, the epidemic struck in Zhejiang, once again increasing the panic of textile people and reducing confidence. Under the influence of the epidemic, accelerated the textile market into the closing stage, the industrial chain of the various sectors of the price plummeted, the market was once depressed.

Ningbo's unsealing will make the domestic epidemic caused by the downturn to dissipate, while abroad, although the Omicjon strain spread, but its impact on international oil prices, commodities are weakening, today's textile market is still expected.

Oil prices support the market

First, investors shrugged off concerns about the Omicron variant new coronavirus, while the Federal Reserve gave an optimistic economic outlook, leading to higher international oil prices. Although oil prices began to fall again this week and the rebound was blocked, according to professional forecasts, even if oil prices fall under the support of actual demand, they may not be too smooth for the time being. Therefore, crude oil prices will remain strong in the short term.

Trading enterprises began to rush orders

Recently, downstream factories have been issuing holiday notices, mostly led by printing and dyeing factories. The printing and dyeing link is very important for fabric trading enterprises. Without this link, it is impossible to take orders. However, many printing and dyeing factories will have a holiday in mid-to-late December, and the latest factory will also be in mid-January. Then for traders, the production time is less than one month. Although the current market is showing an off-season state, some companies still have more orders on hand, which can last until the Spring Festival holiday or even next year.

However, some printing and dyeing factories are still in a state of warehouse explosion. The salesman also said that even if they stop receiving gray cloth into the warehouse now, they will not be able to finish it before the Spring Festival holiday. In such a crowded situation, if we do not consider the production of the dye changing factory, it is unlikely that we will want to ship the goods before that year. Therefore, in view of the fact that part of the holiday time has already come out, traders have already started to rush production and orders. And terminal clothing or also take into account the holiday and post-holiday production recovery slow window period, will be stocked in advance, so the recent order situation or signs of improvement.

Cold wave strikes, cold clothing or can surge

　　In terms of downstream clothing, in addition to the printing and dyeing factory issuing a holiday notice, some orders will be issued, and the recent weather may also become a driving force. The fifth round of large-scale cold wave this winter is coming! It will create a large-scale severe cooling, with a local drop of more than 12 ℃, and the temperature of nearly 20 provincial capital cities will hit a new low in the second half of the year. At this time, the down jacket at the bottom of the closet is finally coming out. The minimum temperature 0 ℃ line is located in the area from southern Zhejiang to the northern Sichuan Basin. The places outside the bed are all far away, and the down jacket is frozen as "Wang" when you go out without wearing it ". With the decrease of temperature, the demand for down jackets also increases. After the sales volume of down jackets increases, the possibility of manufacturers replenishing the warehouse again increases, and a wave of replenishment orders may be on the way.

This year's Spring Festival is at the end of January and the beginning of February. It is still in winter for a long time after the Spring Festival. It is not surprising that there is a "late spring cold" phenomenon in February and March. There is still a certain market for winter clothes. This year's hot down jacket, to a certain extent, affect the order volume of next year's down jacket. At present, some of the orders produced by cloth owners are winter clothing orders for next year. Under the circumstances that down jackets are selling well this year and the inventory backlog is not large, it has played a role in stimulating clothing manufacturers to look forward to down jackets next year.

To sum up, the high price of raw materials in the upstream, the early holiday of downstream processing plants and the cold wave will stimulate the replenishment and stocking of clothing enterprises. At the end of the year, while the epidemic in Zhejiang dissipated, the textile market still had the opportunity to reverse.