As we all know, textile people know that the beginning and end of the year are often the busiest periods, and are also the peak textile seasons in the traditional sense. The middle of the year, especially the summer months, are generally the busiest. period of time, which is the off-season. The overall market situation shows a pattern of “heavy on both ends and light on the middle”.
However, this year’s textile market did not strictly follow this pattern. The reasons for this situation are self-evident, mainly the pneumonia epidemic that has severely damaged the global economy. The market, which was supposed to be hot for orders after the year, only had a small peak driven by the backlog of orders before the year, but then fell into a trough, which has lasted until now.
Summer is here. According to the traditional distribution of off-peak and peak seasons, there must be a deserted off-season. Most textile people are panicking. It is already an off-season year, and if it encounters the traditional off-season, how “cold” this summer will be! But having said that, this year’s peak season did not “play cards” according to common sense, so do we have to follow the rules in the off-season? Not necessarily!
The incoming gray fabrics have doubled, and the production capacity of the dyeing factory has steadily rebounded
“The orders in the factory have been obviously increasing recently. A week or two ago, the daily amount of gray cloth incoming into the factory was only More than 200,000 meters, and the factory’s production capacity can digest 600,000-700,000 meters per day. That is to say, the orders at that time cannot guarantee the operation of 1/3 of the production capacity. However, the incoming warehouse volume has doubled to nearly 500,000 meters per day. Although it is still not possible to achieve 100% operating rate, the current volume performance in the first half of the year is already quite good,” said a person in charge of a dyeing factory.
As one of the biggest “victims” of this textile off-season, and also the most intuitive feedback provider of the textile market, the changes in the number of dyeing factory orders can be said to be a “quantitative manifestation” of the market. According to analysis, the dyeing factory’s backlog of orders exploded at the beginning of the resumption of work after the end of the year, and the daily purchase volume of gray fabrics once reached 1 million meters per day. Later, the market stabilized, and the purchase volume fell to about 500,000 meters. Suddenly, overseas epidemics broke out, and a wave of order cancellations came, and the incoming warehouse volume began to plummet to more than 200,000 meters per day, which lasted for many days. Now that the resumption of production and work in various places is accelerating, the volume of gray fabrics entering warehouses has once again risen to around 500,000 meters per day.
1 million meters→500,000 meters→200,000 meters→500,000 meters…a perfect bottoming out curve is formed. I thought it was a colder off-season, but unexpectedly, the market showed signs of improvement now.
The main force in the market is still conventional fabrics
Although the fashion trend of the entire textile market in recent years has been transforming towards high-end, exquisite, and niche fabrics, the characteristics of these fabrics determine that it is difficult for them to be sold in the market at low prices and on a large scale, which means that these orders are difficult to Sway the market or promote the market. This is especially true under the global economic recession caused by the epidemic. High-end clothing consumption has decreased, and sales of related fabrics have naturally declined. It is reported that a trader in the market engaged in the export of silk, rayon, and acetate fabrics has seen a 90% decline in overall orders this year.
Compared with the “sluggishness” of high-end fabric orders, some conventional and ordinary “rags” have taken the lead this year. According to employees of No. 1 Dyeing Factory, the orders currently being processed by their factory are basically old varieties that are common in the market, such as imitation silk, pongee, imitation memory, etc., while some special and high-end varieties are almost invisible.
Although most conventional varieties are low-priced and of old quality, they have the advantages of wide application range, low cost, and low risk that other fabrics do not have. It is precisely because of this that some weaving mills, even high-end weaving mills, that are facing a lack of orders are willing to turn around and produce low-end fabrics that they have dismissed in the past.
The improvement in the market is due to demand and bargain hunting
The current textile market is not as bad as expected. The reason is that on the one hand, the domestic economy is gradually recovering and the domestic trade market is beginning to develop. power; and some overseas areas have begun to resume production and work, and foreign trade orders have begun to be placed. On the other hand, it is also because the price of conventional fabrics with the largest inventory is at a historical low. At the same time, dyeing factories are relatively idle and dyeing fees are negotiable, which is suitable for some finished fabric manufacturers to enter the market to replenish supplies.
Textile people who have been struggling in the off-season caused by the epidemic have finally seen a glimmer of hope, and the market situation is quietly improving. The amount of gray fabrics entering warehouses in dyeing factories has begun to “bottom out”, and the conventional gray fabrics with the largest inventory have gradually begun to be sold out. In the market, many cars loaded with gray fabrics began to shuttle frequently between weaving factories and dyeing factories. The traditional off-season does not seem to be so light. </p
