First, export pressure has not completely eased. The first quarter of this year, especially the first two months of the industry's export growth rebounded significantly from the non-demand factors such as low base and centralized delivery before the Spring Festival. Recent international macroeconomic and foreign market consumption data indicate that the external demand situation is not significant. Fortunately, China's hardware accessories stamping industry exports do not have external conditions of sustained high growth.
Second, yes, the impact of the cotton issue is still outstanding. As the fundamentals of the oversupply in the international cotton market have not changed, the international cotton price is still lacking in recovery momentum, while the domestic cotton price has continued to be high under the support of temporary purchasing and storage policies, resulting in the difference between domestic and foreign cotton prices still reaching approximately 4,500 yuan per ton; In addition, due to factors such as the high price of stored cotton in the warehouse, long period of outbound delivery, and unstable quality, the development pressure facing cotton spinning companies is still very prominent.
Third, the issue of the survival and development of the majority of small and micro enterprises still needs attention. According to the investigation of the cluster, the development difficulties faced by stamping parts enterprises of small and micro hardware accessories are very obvious. The operating rate of enterprises and the rate of rework of workers are significantly lower than that of large and medium-sized enterprises. At present, to ensure that the majority of small and micro enterprises in the process of adjustment and overall transformation to maintain a stable situation, to avoid the emergence of a large number of enterprises shut down, affecting the stability of the society, is a hardware accessories stamping parts industry is a major concern.