Home >

After The Double 11, Textile Enterprises In Jiangsu And Zhejiang Are Faced With The Crisis Of Shutting Down Looms Again

2020/11/26 13:18:00 0

Double ElevenJiangsu And ZhejiangTextile

General manager Wang, who is in charge of a textile enterprise that produces men's clothing fabrics, said: the market in 2020 will continue, and in October, it will finally look like business. The inventory has also dropped from the peak of 7 million meters to 3 million meters, which is a great relief.

However, since November, new orders have not been received, and the inventory has gradually accumulated to 4.5 million meters. If we don't finish the single weaving factory at the end of March, if we don't stop working, we'll have a new factory in November.

Mr. Wang's plan is not an example. In the process of the visit, due to the increase in inventory, there are not a few textile enterprises that show the willingness to reduce the operation in the future.

As Mr. Wang said, after November, the number of orders received by the market began to decline, which was mainly due to the impact of overseas epidemic.

In the past 14 days, more than 80% of European countries have added more than 100 new cases per 100000 residents, and nearly one-third of European countries have added more than 700 cases per 100000 residents, said Kruger, director of the World Health Organization's regional office for Europe, at an online news conference here on the 19th. Over the same period, more than 29000 new crown deaths occurred in Europe, an 18% increase on a month on month basis.

It is such a serious epidemic that some European countries began to close their cities for the second time, while the epidemic situation in the United States can not be underestimated.

According to a textile trader who mainly makes European and American orders, the orders now received are small orders. In previous years, large orders were only placed by large supermarkets such as Wal Mart, Carrefour and Costco, or large brands such as Zara and H & M.

However, due to the impact of the epidemic, these supermarkets and brands, which determine the market trend, do not have the idea of placing large orders at this stage. Even after the news of the closure of cities in Europe came out, some orders were cancelled.

After a month, the remaining temperature of "double 11" has passed!

In the early stage, under the hype of "double 11 stock season", the whole industry chain from clothing to fabric to weaving entered the market peak, and the market ushered in a wave of explosive growth. Many weaving owners said that the sales volume was at the highest value of the whole year. With the increasing demand for the lining materials of down jacket and cotton padded jacket, the manufacturers cleared a batch of inventory again, which relieved the production pressure Regional grey cloth inventory also fell.

A month later, the upsurge has faded. In the middle of November, the grey fabric market showed the trend of accumulated inventory and reduced operation.

According to the monitoring data, due to the fact that the transaction of new orders in the market is still weak, the factories with better orders in the early stage will arrange orders until December, and the speed of domestic sales will continue to slow down in late November. The export orders are also subject to multiple pressures such as epidemic situation, exchange rate and sea freight, and the market has improved slowly. Therefore, some manufacturers have reduced their load by about 10%, but fortunately, most of them have been relieved in October The inventory pressure of production enterprises, so manufacturers are willing to operate with high load.

As domestic demand and foreign trade markets did not release greater demand power, terminal customers placed orders cautiously, and the contradiction of overcapacity of conventional products was prominent. As of the 20th, grey cloth inventory rose to 41 days, up 1-2 days month on month.

Careful purchase of weaving and rapid cooling of polyester Market

In addition, with the end of the "double Christmas" season, the "end of the market" is gradually weakening. In this case, weaving enterprises are not as active in purchasing polyester as they were in early November.

Compared with the end of weaving, polyester market turned light earlier. Since the end of October, after several weeks of high-yield sales, with the completion of replenishment of downstream enterprises, although the start-up of polyester plant has remained stable for the time being, the market trading has been flat. Except for the enterprise's price reduction and promotion of production and sales, the production and sales of various polyester varieties are maintained at about 50%, which is obviously different from the weekly average production and sales of continuous "breaking 100" in mid and early October. As of November 16, the daily operating load of domestic polyester plants was 86.29%, 1.37 percentage points lower than that of the same period in 2019.

So far, Multiple causes of uncertainty in the global situation It also makes it difficult for business owners to predict the future overseas orders. At the same time, the international epidemic situation in Europe and the United States is still serious The demand for fees has not been significantly improved, and the impact on the industry is still relatively large. Domestic brand life is not very easy, orders are not very stable.

along with This round Overseas Christmas orders and domestic traditional consumption peak season are basically over, polyester and even terminal weaving materials will gradually enter the off-season, and the demand is expected to weaken.

  • Related reading

Woollen And Woollen Cloth Marketing Is Partial Smooth, Chemical Fiber Woolen Fabric Transaction Volume Is Slightly Increased

Expert commentary
|
2020/11/25 16:58:00
32

China Light And Textile City: Local Smooth Wool And Woolen Cloth Marketing, Chemical Fiber Woolen Fabric Turnover Increased Slightly

Expert commentary
|
2020/11/25 16:58:00
147

China Textile City: Polyester Cotton Blended Fabric Transaction Shrinkage, Part Of The Fabric In Spring Is Still Smooth

Expert commentary
|
2020/11/25 16:57:00
77

AI Business Circle In The Eyes Of Investors: 100 Billion Platform Companies Will Emerge In 10 Years

Expert commentary
|
2020/11/24 11:25:00
0

Interview With Zijin Investment Wanshun: In The Era Of Stock Optimization, To Be A Market-Oriented Guidance Fund Under The Policy Enabling

Expert commentary
|
2020/11/21 9:40:00
1
Read the next article

China Economic Reform And Development Forum (2020) Focuses On "China On A New Journey"

On November 22, sponsored by China Institute of economic reform and development, Renmin University of China and School of economics, Renmin University of China