Small impact on cotton trade

According to foreign industry agencies, the global cotton consumption in Russian industry has maintained a ward and seemed to be awarded, and the rhythm of purchases has slowed down, and the factory raw material stock is overall, and the crisis incident may make logistics problems more serious. Despite this, the current demand of textile mills is urgent, unless the global economy has a serious decline. From now on, the textile factory has a murder purchase every day, no matter whether there is a crisis.

The Russian conflict has no direct impact on cotton. Russia's cotton imports are only 125,000 packs, and Russian cotton consumption is only less than 4 million, while the global consumption is 124 million bags, so Russian conflict has a cotton trade. The impact is very small. However, inflation in the euro zone and greater region caused by Russian conflict will also bring indirect adverse effects to the cotton market. For cotton, the biggest risk is still inflation, or consumers' attitude towards inflation. The rise in oil prices and food prices restrict consumers to spend other products. However, so far, the demand for beauty and cotton has no big problems, and there is no sign of demand.

Overseas gauze faith lacks strong price reduction promotion

On the first week of March, the price of imported gauze has declined by the Russian War, and the willingness of foreign trade factories is strong. Since the overall foreign trade situation is suddenly severe, Pakistan and Indian factories have worked hard to find Chinese orders, but the price is still inverted.

Ba yarn 10 lines of approximately 3.42 US dollars / kg, 6% lower than the 3.64 US dollars / kg of opening year, but still poured 1000 yuan / ton with Guangdong spot, small amounts. And in India, there are also prices to cater to China, and 32 broth is 4.55 US dollars / kg, down 5% from last week, but the transaction is tired, small amounts. Overall feeling is that the current market confidence is less than, the supply chain company shipments are about 1/3 of the same period in previous years, exports are unlucky, insufficient domestic demand, and the market is worrying.

The Turkish apparel industry is seriously frustrated to the textile orders

It is reported that Textiles and leather manufacturers in Istanbul clothing area in Turkey are feeling the pressure of Russia invading Ukraine. Industry officials say Moscow and Kyiv's customers have canceled $ 200 million in orders in the past week. Trade losses have exacerbated stress, officials estimate that if the conflict in Ukraine continues, only the textile industry has more than $ 1 billion in direct risks.

After the international sanctions, the rubles depreciated, the international payment system continued to ferment the incident such as Russia, and the garment industry was also in trouble. Among the 24 apparel brands in Ukraine, there are 267 stores and 180 sales points have been closed. In the 32 brands running in Russia, 655 stores and 2556 points are in a state of viewing, and they are always suspended.

The Chairman of the Mediterranean Equipment and Clothing Export Association (AKIB) said that Ukraine has stopped transporting goods, while Russia can be shipped but long-term border is waiting. Therefore, clothing orders face a large amount of cancellation and transportation, the Turkish clothing industry is only $ 1.5-200 million in Ukraine, and even the garment orders in Poland in the surrounding country are also canceled. The official data of the Turkish apparel industry shows that the exports exported to Russia and Ukraine in 2021 are $ 173 million and $ 287 million, respectively, and the exports to Russia and Ukraine in 2022 are $ 1 billion and $ 750 million respectively.

Textile export is blocked the buyer to abandon the risk

For textile foreign tradeers, customers have increased in the customer's exchange rate, and the cost of importing imports has increased, and the appreciation of the renminbi will reduce the profit of exports. The textile export is expected to be blocked. At the same time, Russian conflict has exacerbated the situation of the international shipping tense. The current Ukrainian and Russian Black Sea and Asia-speed seawater are added to high-risk areas. The port of the waters is the main exit hub of the transaction. Once faced, it will be The trade has a major impact. Under the letter of credit transaction, the document may not be sent to the bank, unable to negotiate, and the electricity bill will be further derived from the goods, and the goods are more difficult to return or resold after the goods. .

Textile profit is affected by extrusion consumer psychology

According to incomplete statistics, nearly one month, more than 60 chemical raw materials have soared, and the tonnage price has risen to 10,000 yuan has become a normal, up to 145,000 yuan / ton. The geopolitical conflict upgrade is naturally one of the reasons for the "detonating" industrial chain. Eastern Europe's situation, natural gas and electricity prices have soared again, crude oil soaring creates a new high-powered energy product price, and the anxiety mentality of the energy crisis is also increasing. For mid-down companies, whether it is raw material cost or labor, freight, miscellaneous fees, labor costs and other operating costs, will become incoming burden, continue to extrusion of the profit of the textile person.

At the same time, the crude oil has a certain extent to which the price of commodity has a great impact on consumer psychology and its purchasing power. In the future, such as the US dollar continues to strengthen, imported US commodity prices or will further rise.