The news of the second outbreak has suddenly cast a shadow over the textile market, which has been improving slightly recently! The epidemic in Europe and the United States got out of control at the beginning of the year, and the impact of widespread cancellation of textile orders has not yet completely dissipated. Many textile companies still have inventory backlogs in warehouses, or have not yet been able to fully recover their payments.
With the second outbreak of the epidemic in Europe, it is inevitable that various pessimistic sentiments will begin to spread in the market. There is a strong concern about whether the order will be canceled again and whether it will be difficult to get payment for the shipped order.
According to an employee of the four-sided elastic dyeing factory, their factory has had a lot of orders in the recent period, and the orders are all from some big customers, and the order quantity is often ten. Tens of thousands or hundreds of thousands of meters. The factory is already too busy making these orders, and some small and bulk orders are no longer accepted.
However, many big customers in the factory have recently stopped their orders. There are many gray fabrics piled everywhere in the factory, but many of them cannot be produced.
When communicating with a company not long ago, he said that his friends have had their orders canceled. European customers originally placed clothing orders for Myanmar and Vietnam to purchase them. fabric, but due to the epidemic, it has been canceled. “Two days ago, Myanmar customers also developed and imported, one batch was satin and the other was imitation memory. As a result, some of them have been made and the order was cancelled. It is not easy to make foreign trade orders now.”
This situation occurs mainly because these large customers are customers of finished fabrics. Many domestic garment factories eventually export their garments abroad, so the foreign trade market is inextricably linked to the domestic market. In the first half of the year, the global epidemic was raging, and they did not dare to stock up. However, in recent months, their own inventory was exhausted, and news that the domestic epidemic was under control gave them the courage to stock up again. So as the end of the year approaches, they are starting to stock up on large quantities of goods. However, the news of the European epidemic and the cancellation of the Christmas season has made them lack confidence again. Once foreign markets are affected by the epidemic again, domestic clothing factories will also bear the brunt, and clothing sales will also be affected. Stopping production and waiting and seeing may be the best choice now!
At the same time, some textile bosses have revealed that the crazy market in October may pay a heavy price after Double Eleven. That is to say, the sales of winter clothing are not good, and clothing customers are difficult to pay the balance, and the arrears are extended or the clothing is in debt. That is to say, there will be a phenomenon that you will see at the end of every year in the market where there are many hangers in front of the sales departments selling down jackets, cotton clothes, etc.
A person in charge of a domestic sales company said: “Double Eleven has not yet passed, and I have already had two customers say hello to me, saying that the balance may be used to pay off debts for clothes. This is the early stage The consequences of crazy stocking!”
The sales of down jackets and cotton jackets largely depend on the weather. Although there were predictions in October that this year would be a cold winter, the weather has still not turned cooler since November, and there has been no widespread snowy weather in the northern region. Therefore, textile professionals lack confidence in the sale of winter clothing.
According to industry insiders, most of the products currently on the market are “market orders”. The characteristic of market products is that they come and go quickly, and they do not last long. . Not all manufacturers can receive large orders of hundreds of thousands or millions of meters. At the same time, most market orders are very price-sensitive, and fabric requirements are not strict. They generally appear in the spot market, or in some relatively backward countries around the world. poor areas. This type of order is generally ignored by brand clothing companies, and is handled by some ordinary clothing companies.
There is a possibility of a second outbreak of the global epidemic in the near future. Ordinary clothing companies have limited ability to resist risks. They are not willing to take the risk of unsalable clothing and overstocked inventory and purchase large quantities of fabrics. . Therefore, the number of market orders this year is limited compared to previous years, and the recent second outbreak of the epidemic in Europe has intensified the cautious atmosphere in the market.
With regard to the upsurge in the development of the domestic textile fabric industry driven by domestic demand and foreign trade, industry professionals generally believe that the domestic garment industry as a whole is still in a historical dilemma.
Cheng Weixiong, a textile and apparel brand management expert, said that the epidemic has had an impact on the supply chain market in my country and even the world. The global market has not yet fully recovered and improved, and my country’s textile industry is about to explode at this time. It’s still too early. “The entire industry is still in a state of slowing down and becoming difficult, and needs a recovery cycle.”
</p
