“Recently, gray fabrics are being sold out every day, and the inventory of some specifications is gone. It’s been a long time since I was pressed for goods by customers!” said a textile boss.
This is probably the best news I’ve heard recently about weaving. The traditional peak season months that have just ended did not show the enthusiasm of the “Golden Nine”. The atmosphere for selling gray fabrics only improved in the first half of the month and then cooled down quickly. Entering October, after the National Day holiday, the market is booming again.
All kinds of pongee are hot selling
It is understood that the sales atmosphere of pongee gray fabrics has been good recently, and some specifications are selling so well that they are out of stock! “Recently, the pongee is available, and it is being shipped every day. Basically, there is not much stock. For example, the 260T matt pongee is not in stock, so we have to wait for the machine to come down. The sales of 240T and 300T are also very good, and the inventory is almost gone. .” revealed the owner of a weaving factory that produces pongee.
Among them, the popularity of 260T matt pongee is very outstanding. On the one hand, there is not much inventory of pongee of this specification, which is much smaller than the inventory of 240T and 300T. On the other hand, this specification is matt and is more popular. The market welcomes it and it is a recent hot item.
Behind the hot sales comes a price war
Since October, the weather has gradually turned cooler, and the sales of autumn and winter clothing have also increased. As Double Eleven is approaching, the number of orders placed by terminal clothing factories has also increased, resulting in an improvement in the sales of cold-proof clothing fabrics in October. 260T matt pongee is mostly used for lamination after dyeing, and can produce down jackets and other cold-proof clothing. The matte texture is different from ordinary semi-gloss pongee. The matte cloth surface is more high-end and more novel, so it has become a hot item recently.
The sales of 240T and 300T pongee are not bad either. Manufacturers are shipping goods one after another, and the inventory accumulated in the early stage has also been greatly reduced. This is really the best news in recent times, but it comes with a loss of profits. Since these two specifications of pongee are very common, the inventory on the market is very large. Now the demand is rising, and manufacturers want to eat this “cake”, so they have launched a price war.
“The market prices have been too chaotic recently. At the end of 2018, the price of 300T pongee gray fabric was around 3.20 yuan/meter. At that time, I still queued up to buy goods with money, but now the price of gray fabric is only 1.55, and the price of finished products is less than 3.2.” A textile person said.
Another person in charge of a textile company with machinery in Anhui also lamented: “The current market prices are in chaos. We quoted 1.40 yuan/meter for 240 pongee, while the market prices are 1.20 yuan/meter and 1.30 yuan/meter. , we simply can’t afford this price, how can we compete with others.”
According to the editor’s understanding, the price of 240T pongee gray fabric in August was 1.50 yuan/meter. In August, which is definitely the off-season, the price of gray fabrics is higher than in October, the peak season. Moreover, there is almost no change in the price of polyester raw materials in August and the current price. When the cost remains unchanged, the sales price drops, which is really disappointing!
Although price wars are a negative phenomenon in the market, under today’s market conditions, they seem to be more tolerable. For most textile bosses, price wars are a helpless move, just to relieve inventory and financial pressure. For most textile bosses, price wars are a helpless move, just to relieve inventory and financial pressure. When a large number of orders are placed, grabbing orders is the only way to remove inventory. In today’s market full of gray fabrics, price competition may be the only bargaining chip to win orders.
The price war has caused companies to lose profits, but it is gratifying to reduce a wave of inventory during the “Silver Ten” peak season. And the market is still worth looking forward to, but under the current attack of uncertain factors, we can only find our position in the industry chain and seize more opportunities!
</p
