India Part Of The Cotton And Cotton Yarn Export Contract Is Unable To Execute

 

According to statistics, as of the first ten days of April, several ports in India were closed and over 50 thousand containers were left behind. India's cotton processing and export, cotton gauze production and sales, clothing, foreign trade and other industrial chains have been strongly impacted. Not only did the spinning and weaving enterprises start a sharp decline in their start-up rates, but also the number of closed doors increased, and the unemployment rate continued to rise.

 

A cotton exporter in India said that since the late March, domestic cotton consumption demand and cotton exporters at the same time pressed the "pause button"; in addition, European and American purchasing enterprises and retailers have cancelled orders or unlimited delayed shipment, so the situation is deteriorating step by step; we hope that the government departments will lift the measures of "sealing the country and sealing the city" as soon as possible, so as to make cotton textile production, cotton and cotton yarn as soon as possible. Export business returned to normal.

 

According to the survey, due to the sharp decline in the price of cotton and cotton in India, a part of cotton and cotton yarn export contracts can not be implemented, and the fact is broken. If the contract can not be shipped and fulfilled before and after the end of April, the peak of the destruction will come as scheduled.

 

Recently, some media reported that the India government working group suggested lifting some of the blockade measures. It was estimated from time that the India government had the possibility of unlocking in mid April, but in fact, the speed, harmfulness and control ability of the outbreak in India were far beyond the anticipation of the government departments. The World Health Organization and some international medical institutions invariably directed the next epicenter to India and Africa. Although cotton, cotton textile and clothing enterprises look forward to unlocking and lifting the ban, I am afraid they are wishful thinking. The specific reasons are as follows:

 

First, the epidemic in India is accelerating to spread to the slums, which will make the country another center of outbreak in the world.

 

Two, the detection standard and cost of detection capability are not enough, which restricts the expansion of coverage in India.

 

Three, after the return of migrant workers and religious gatherings, the spread of believers, the outbreak of scattered points, lack of necessary medical conditions, so that the outbreak of a humanitarian crisis in India.

 

With the outbreak of the outbreak in India, some experts predict that the number of infected persons in India is likely to exceed 200 million, and the outbreak period should be in May.