Fabric Products,Fabric Information,Fabric Factories,Fabric Suppliers Fabric News There is no room for piles of gray fabric, and money is tied up in inventory! Another textile company starts a 20-day long holiday!

There is no room for piles of gray fabric, and money is tied up in inventory! Another textile company starts a 20-day long holiday!



“We are going to have a holiday tomorrow. We used to take one holiday every month, but this time we will have a 20-day holiday.” A person in charge of a weaving factory with hundreds of looms reveal…

“We are going to have a holiday tomorrow. We used to take one holiday every month, but this time we will have a 20-day holiday.” A person in charge of a weaving factory with hundreds of looms revealed.

Although the market has begun to release signs of recovery recently, orders have improved, dyeing factories have been stuck, and products such as T400, T800, polyester and cotton are selling well, but after all, limited orders cannot satisfy all manufacturers. , so the manufacturers that have received orders are firing on all cylinders, and some, and most, manufacturers say that recent orders are still not good, and there is no sign of improvement.
Not only the one mentioned at the beginning, the editor has also heard that several textile companies are also planning or have started holidays. The short holidays are about a week, the long holidays are 20 days to 1 month, and they will resume work in September. Recently, a notice announcing the suspension of production in the company’s compact spinning production workshop has been widely circulated among textile people’s circles of friends.

From this point of view, factory holidays and rotating holidays are nothing new this year. So, many companies choose to take summer vacation at this time. What are the reasons?

There is no room for piles of gray cloth, and money is tied up in inventory!

It is reported that the above-mentioned manufacturers said that the main reason for the holiday is that the warehouses of gray fabrics cannot be piled up. Furthermore, the price of raw materials has increased to a certain extent, but the price of gray fabrics cannot rise. Due to factors such as the inability to sell and the high temperature, we decided to give the workers a 20-day long holiday after comprehensive consideration. Data monitored by China Silk City Network shows that the current inventory of gray fabrics on the market is 45-46 days old, which is already the highest level this year.

Conventional gray fabrics on the market are now in a serious oversupply In order to monetize inventory and maintain normal capital operations, many cloth owners have reduced prices, sold goods, etc. “The current normal price of gray fabrics is less than half of last year’s, and the selling price is even scarier. Selling at such a price is a loss,” a fabric boss said helplessly. After all, cutting prices and selling goods are helpless actions. In the post-epidemic era with lack of orders and overcapacity, many cloth owners can only resort to this method. But even so, there are still very few customers who want to get the cloth, and the inventory wants to be cashed out. It’s really difficult.

A vacation is not necessarily a bad thing!

From another perspective, a holiday is not necessarily a bad thing. As a weaving factory owner said: “Take advantage of the high temperature to start working.” , relieve your own stress and cultivate your character. It is to prepare for the future.”

Although there will definitely be losses during the holidays, such as machine depreciation, rent, workers’ basic wages, etc. , but if you continue to open it, you may face the risk of the capital chain being broken. Once the holiday is over, expenditures on raw materials, water, electricity, workers’ wages, etc. will drop significantly. This can also alleviate the capital and inventory pressure for a period of time and prepare for the next ” To prepare for the “Golden Nine and Silver Ten”, it seems that taking a holiday can be a good way to “protect yourself”.

Another major concern during holidays is the fear of workers running away. Recruiting labor unions is very difficult, but from what I understand now, even if the factory has a long holiday, the loss of workers will The rate is also very low.

The editor interviewed Xiao Zhang, a factory worker, about her views on holidays. She said: “The weather has been really hot recently. When we got close to the machine, we felt like our whole body was being roasted. Although I have become accustomed to it after working for so many years, this time of year is indeed very difficult. Rather than having another holiday later due to high inventory, it is better to store it longer during this hot weather. This way, manufacturers can also get some breathing time. , and also allows us to spend this hot season comfortably at home. Although wages are inevitably lowered this year, there is nothing we can do about it. During the holidays, the boss gave each of our workers a subsidy of 60 yuan/day. , we all feel okay.”

This year’s epidemic has caused serious harm to the textile industry. Many companies choose to give workers summer vacation on hot days, which is a helpless move. Companies can only use this method to reduce inventory and financial pressure. In the final analysis, it is also to enable themselves to go further and not collapse before the epidemic is over. Down.

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This article is from the Internet, does not represent Composite Fabric,bonded Fabric,Lamination Fabric position, reproduced please specify the source.https://www.tradetextile.com/archives/21342

Author: clsrich

 
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