Today, freight rates have begun to severely squeeze corporate profits.

"The sharp increase in ocean freight is due to the outbreak of foreign epidemics, especially the outbreak in India, which has greatly affected the global supply chain. The upward push of the supply chain will affect the imbalance of global shipping and cause the freight rates of domestic ocean routes to soar. But other countries because of the epidemic, there may be many container stacks in ports that can be shipped quickly, so their ocean freight is relatively low."An industry insider told reporters that the freight of a container has risen from US$5,000 to US$10,000, while the entire container may be worth only US$30,000, which accounts for more than a quarter of the freight.

The primary cost of textile production is the price of various raw materials. After the Spring Festival, under the blessing of the recovery of the downstream market, the prices of various raw materials rose rapidly, creating the highest price so far, although the price of polyester yarn began to gradually fall. However, at the end of June, the rally resumed, and at the end of July it was close to the highest price of this year. At present, the price of polyester yarn started a slight correction at the end of July and the beginning of August.

On the contrary, the market demand for spandex products has been a lot, and the price shows no signs of decline. Even if the current textile market is not good and the export data is not ideal, it will not affect the weekly rise of spandex in the slightest. According to the market monitoring spandex price index, the spandex commodity index on August 13 was 189.09, a record high in the cycle, an increase of 190.91% from the lowest point of 65.00 on July 28, 2016.

In the second half of the year, foreign trade is about to usher in an important traditional peak season "Golden Nine Silver Ten". Judging from the past peak seasons, the prices of raw materials, grey fabric, dyeing fees, etc. are likely to rise. With high sea freight, the cost of foreign trade textile companies will further increase, which is very unfavorable for them to receive orders; on the other hand, It is the traditional off-season of the textile industry at present. Orders are relatively small, and there may be plenty of time for shipments. However, in the peak season of the second half of the year, once orders increase and the shipping situation is still not alleviated, shipments may become more difficult.