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Textile Market Began To Appear Negative Reaction, The Price Of Crazy Hoarding?

2020/11/10 0:41:00 0

Textile Market

The second outbreak of the news, let the recent slightly improved textile market suddenly cast a shadow! At the beginning of the year, the impact of large-scale cancellation of textile orders caused by the out of control epidemic situation in Europe and the United States has not completely dissipated. Many textile enterprises are still overstocked in the warehouse, or the payment for goods has not been fully recovered.

With the second outbreak of the European epidemic, it is inevitable that all kinds of pessimism begin to spread in the market. There are strong concerns about whether the orders received will be cancelled again and whether the orders sent out will be difficult to obtain payment for goods.

According to an employee of simian dyeing factory, there are many orders in the factory recently, and the orders are from some big customers, and the single quantity is often more than 100000 meters or several hundred thousand meters. Factory to do these orders have been busy, some small orders, loose orders have no longer received.

But recently, many big customers in the factory have stopped their orders, and there are a lot of grey cloth that can't be produced in the factory.

Not long ago, when communicating with enterprises, he said that his friends' orders had been cancelled. The original orders from European customers to Myanmar and Vietnam to purchase their fabrics had been cancelled because of the epidemic. "Two days ago, Burmese customers also developed and imported some of them, some of which were colored and others were imitative memories. As a result, part of the orders have been made and the orders have been cancelled. Now foreign trade orders are not easy to do.

This situation is mainly because these big customers are some finished fabric customers, and many domestic garment factories are finally exported to foreign countries, so the foreign trade market and the domestic market are inextricably linked. In the first half of the year, when the global epidemic was rampant, they did not dare to prepare goods. However, in recent months, their own stocks were exhausted. At the same time, the news that the domestic epidemic situation was under control gave them the courage to prepare goods again. So near the end of the year, they began to stock up a lot now, but the European epidemic and the cancellation of the Christmas season again made them lack confidence. Once the foreign market is affected by the epidemic again, domestic garment factories will bear the brunt, and clothing sales will also be affected. Stop production and wait and see may be the best choice now!

At the same time, textile owners have revealed that the crazy market in October may pay a heavy price after the double 11. That is, the sales volume of winter clothes is not good, and it is difficult to pay the final payment of clothing customers. That is to say, at the end of each year, many clothes hangers are put in front of the market department to sell down clothes and cotton padded clothes.

A person in charge of a domestic sales enterprise said: "the double 11 has not yet passed. I have two customers who say hello to me, saying that the balance may be used to pay off the debt for the clothes. This is the consequence of the crazy stock preparation

Sales of down coats and cotton padded clothes depend largely on the weather. Although it was predicted that it would be a cold winter this year in October, the weather still did not turn cool after November, and there was no large area of snow weather in the northern region. Therefore, textile people lacked confidence in the sale of winter clothes.

According to the analysis of industry insiders, most of the products on the market are "market orders". The characteristics of market goods are that they come fast and go quickly, and the duration is not long. Not all manufacturers can receive large orders of several hundred thousand meters or several million meters. At the same time, most of the market orders are very sensitive to the price, and the fabric requirements are not strict. Generally, they appear in the spot market or some backward and poor areas in the world. This kind of order general brand clothing enterprises also despise, there are some ordinary clothing enterprises in operation.

There is a possibility of a second outbreak of the global epidemic in recent years. Ordinary clothing enterprises have limited ability to resist risks. They are not willing to purchase a large number of fabrics at the risk of unsalable clothing and overstocked inventory. As a result, the number of market orders this year is relatively limited compared with previous years, and the recent outbreak of the second outbreak in Europe has intensified the cautious atmosphere in the market.

The domestic textile industry is still in the predicament of domestic textile industry.

Cheng Weixiong, an expert in textile and garment brand management, said that the epidemic has caused impact on China's and even the global supply chain market. The global market has not yet fully recovered and improved. It is too early for China's textile industry to talk about the outbreak. "The whole industry is still in the state of slowing down and getting trapped, and it needs a recovery cycle."

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