As we enter late April, the domestic woolen textile market shows the characteristics of the off-season. The core wool yarn trading markets such as Puyuan have consolidated within a narrow range, and the overall fluctuations have been gentle. However, the downstream autumn and winter clothing production has started the stocking rhythm in advance.
Sheep wool and various blended wool markets have picked up significantly, and the number of quick returns for small orders, customized orders, and long-term returns from old customers has steadily increased. Driven by the rebound in foreign trade exports and the steady recovery of domestic demand, the capacity utilization rate of wool spinning enterprises has gradually recovered, and the upstream and downstream purchasing and sales atmosphere continues to heat up.
The industry predicts that with the gradual release of autumn and winter orders, the trading activity in the wool yarn and woolen yarn markets will further increase, and the industry recovery in the second quarter is expected to continue to strengthen.