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Weekly Quotes | The May Day holiday market is almost closed, and industry caution is rising

2023-05-07 来源：金绒浏览量：1350

summary

The market remained stable this week.

During the May Day holiday, the market was almost closed due to unclear long and short expectations. Although everyone hopes that orders from Europe and America will arrive in China in May and June, this expectation is not certain, leading to an increase in industry caution.

The overall emergence of duck seedlings is still increasing, with an industry estimate of an average of approximately 11.6-118 million per day. The increase in the supply of white duck fur has further put pressure on the price of duck fur.

A new round of stable foreign trade policies has been introduced one after another, but the economic growth in Europe and America has slowed down, and the total overseas demand has not improved. Coupled with intensified friction between China and the United States, exports are expected to experience a decrease in year-on-year growth rate in April.

Thursday: Prices of all categories are flat

Exchange rate of USD to RMB: 6.9054

Friday: Prices of all categories are flat

Exchange rate of USD to RMB: 6.9114

good news

Shandong Down Coat Trading Group Goes to Guangzhou to "Collect Gold"

HITEX GROUP, which specializes in the production of cotton and down jackets, has participated in the Canton Fair, known as the "First Exhibition in China", for more than ten consecutive years. This year, it happened that the Canton Fair resumed offline exhibitions after three years, and Chairman Zhou Yaoqi naturally put more energy and expectations into this exhibition.

At around 10 a.m., an old friend from South America came with team members to negotiate a new cooperation. After nearly an hour of docking, both parties officially signed the first order for this exhibition, but just after seeing off South American "old friends", several new customers from Russia welcomed them in front of the booth.

Most new customers are attracted by several exhibits that incorporate fashion elements, "Zhou Yaoqi admitted. HITEX GROUP has always focused on innovation to better meet customers' multi-dimensional needs. It is precisely because of this that Zhou Yaoqi's booth successfully won the hearts of a group of exhibitors.

From the current perspective, this year's exhibition will help us explore new markets and orders are expected to double. Zhou Yaoqi said happily that after the exhibition, they will also accelerate the promotion of intended orders and go to the countries where customers are located for docking and inspection, promoting higher quality development of the enterprise.

The third phase of the Canton Fair opened, and down enterprises actively participated in the exhibition

On May 1st, the third phase of the 133rd Canton Fair opened. Pinghu Yucang Network Technology Co., Ltd. is a new enterprise that has participated in the Canton Fair for the first time. The group under which the enterprise belongs has established China Pinghu Clothing City, specializing in the down jacket category.

The enterprise stated that it will rely on the Canton Fair platform to fully expand more and higher quality foreign trade business channels, enrich and improve the "Yucang" marketing platform and independent station resources, establish the global reputation of the "Pinghu Down" regional brand, and explore a new path of integrated domestic and foreign trade development in professional markets.

Anhui Zhonghong Xinyuan Textile Co., Ltd. stated that on the first day of the third phase, it received many buyers and will further strengthen tracking and docking to strive for more overseas orders. The company leader introduced that as an export-oriented enterprise that integrates the production, supply, and multi-channel sales of down home textile products, we have selected a batch of characteristic products, carefully designed booth decorations, and extensively promoted them on-site through channels such as videos.

At the same time, taking advantage of the opportunity of this Canton Fair, the company invited online customers to meet and negotiate at the fair, and conducted on-site inspections at the factory, effectively eliminating customers' doubts about products, factory strength, and customer service personnel services. At this Canton Fair, there were more than ten old customers who met and over thirty new customers who had developed and negotiated, and we have reached intended orders.

bad news

The clothing exhibition area at the Canton Fair has encountered a cold spell, and the market did not improve significantly in the second quarter

Compared with the food and sports leisure exhibition areas, the clothing exhibition area, which is one of the largest exhibitors in the third phase of the Canton Fair, is generally facing cold weather. Many Chinese clothing companies mainly focus on traditional OEM business, but since last year, well-known foreign clothing brands have significantly reduced their OEM business in China.

According to Caixin, among the various categories of "Made in China" goods, textile and clothing are under the greatest downward pressure. The two exhibitors of the Canton Fair said that the main markets have restricted the origin of raw materials, and many enterprises have transferred their supply chains to foreign countries, which is the main reason for the decline of the industry's exports.

A person familiar with the textile and clothing industry in Guangdong Province stated that in the past year or two, the textile and clothing industry has accelerated industrial transfer. In Guangdong alone, "30% of production capacity may have already been transferred to foreign countries". According to data from the Textile Chamber of Commerce, in the first quarter of 2023, the clothing export volume of Guangdong Province decreased by 15% year-on-year.

Despite a significant rebound in China's textile and clothing export data in March, the Textile Chamber of Commerce stated that "the export growth point in March mainly came from cross-border e-commerce and the release of backlog inventory in the previous year, rather than traditional forms of foreign trade." The Textile Chamber of Commerce materials show that many companies believe that orders in hand have stabilized in the second quarter, but the market has not significantly improved, and the sustainability of growth needs further observation.

The global avian influenza report in April increased by 85% month on month, but the threat is gradually receding

According to the latest report by WOAH (World Organization for Animal Health), from March 31 to April 20, 2023 (3 weeks), a total of 48 new cases of highly pathogenic avian influenza (HPAI) were reported globally, an 85% increase from the previous report (March 10 to March 30, 2023, 3 weeks).

During the reporting period, a total of 9 countries reported 48 new outbreaks of poultry outbreaks (Argentina, Canada, Chile, Germany, Hungary, Italy, Japan, South Korea, and the United States).

Twelve countries and regions have reported 33 new non poultry outbreaks (Argentina, Austria, Belgium, Czech Republic, Hungary, Italy, Lithuania, Netherlands, Russia, United Kingdom, United States, and Uruguay).

Compared to the previous report, the number of poultry losses in this report increased by 150%, but the number of new outbreaks of non poultry outbreaks decreased by 78%, and the number of affected countries also significantly decreased.

This indicates that as the migration season of migratory birds gradually passes, the threat of avian influenza is greatly diminishing, and the revitalization of waterfowl farming in various countries around the world will also be on the agenda.

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