“All clothes are 9.9 yuan per catty” “Buy more and get more” At first glance, I thought it was a promotion organized by a certain supermarket, but little did I know that it was made by a clothing store at the Sijiqing stall. spring clothing sale.
“All clothing is 9.9 yuan per pound”
“Buy more and get more”
…
At first glance, I thought it was a promotion organized by a certain supermarket, but little did I know that it was a spring clothing sale organized by a clothing store at the Sijiqing stall. Affected by the epidemic, the physical stores of Sijiqing stalls were empty. In desperation, merchants had no choice but to resort to this strategy in order to reduce losses.
Hangzhou Sijiqing opened its market a few days ago, but due to the epidemic, the flow of people was still sparse. 140,000 factory stall merchants turned to e-commerce live streaming to save themselves, 9.9 yuan per pound!
The owner of Hangzhou Sijiqing clothing store even weighed and sold spring clothes in the live broadcast room. Netizens shouted: Give me 10 pounds!
Orders have been delayed and the warehouse can’t be stocked! Textile factories are considering reducing their operating rates
Overcapacity is a common problem, especially for conventional varieties. Each factory has a certain amount of inventory. When there are no orders to make, manufacturers will choose to produce conventional gray fabrics, which will inevitably lead to an increase in the inventory of conventional gray fabrics and make the problem of overcapacity more prominent.
The boss who produces memory cloth shook his head worriedly and said: “At present, we basically have about 100,000 meters of stock of conventional varieties. The warehouse has been overflowing, and now it is piled up at home. I have gone, and if the orders don’t come again, I can only reduce the chance of opening. Although it is now the peak season of Golden Three, it already feels like the off-season. The market wave at the beginning of the new year is slowly fading, and customers have been slow to place orders. It’s really It’s too difficult.”
According to sample enterprise data, the current inventory of weaving manufacturers is about 38 days, and destocking is slow. In addition, due to the outbreak of the epidemic abroad, foreign trade has been greatly affected, which has also led to a sharp reduction in the number of foreign trade orders, and the production enthusiasm of manufacturers has been suppressed. “You can’t sell it even if you produce it. Even if you sell it, you will easily lose money. It is unrealistic to take a holiday. Labor, rent, water and electricity are all there, so you can only do less.”
Profits have dropped to the bottom, and we no longer dare to produce or sell cloth!
After the start of the new year, most manufacturers have more or less destocked operations because they are rushing to make the orders for the year before. However, as the execution of the orders for the year before comes to an end, new orders are followed up. Insufficient, manufacturers began to slow down their inventory.
It is understood that the current inventory of gray fabrics in Shengze has been maintained at the 38-day level this week and is difficult to decline. If new orders continue to not improve, the inventory has reached an inflection point of accumulation.
Nowadays, the crazy depreciation of raw materials has also caused the inventory of weaving factories to depreciate. After all, the prices of raw materials used to be higher than the current price. The person in charge of a manufacturer mainly engaged in pongee and polyester taffeta said that the current market situation is not good, and the plummeting price of raw materials has a greater impact on profits. He explained that the factory currently has about 40 days of gray cloth inventory, which was produced a year ago and was almost more than 4 million meters. At that time, the price of raw materials was relatively stable, but the current price of gray cloth has dropped by 0.10 yuan/meter, and this batch of inventory has directly depreciated. 400000.
A textile boss who opened a factory in Jiangxi said that he currently does not dare to increase the operating rate for fear of production One meter loses one meter. “I haven’t received any orders since the beginning of this year. At present, I just want to clear the inventory as soon as possible. I don’t dare to produce more. Due to the global spread of the epidemic, the lack of orders, and the accumulation of inventory can easily cause inventory depreciation and capital backlog.”
Export foreign trade orders are almost “stopped”
The outbreak of the epidemic in China in February delayed the recovery of the domestic trade market, and then the global epidemic in March The outbreak has also affected overseas orders. Some textile companies have canceled orders due to the serious epidemic situation in the countries where customers are located.
Some foreign trade companies said that orders from Italy and 300,000 meters of orders from South Korea were cancelled. Facts have proved that the current textile companies are suffering from internal and external troubles.
“The current epidemic has a relatively large impact on foreign trade orders, because our foreign trade orders have been relatively large in recent years. Now many countries have reduced or canceled orders due to the epidemic. We still have to look at the pneumonia epidemic later. , but��I feel that after the epidemic is over, the market will be like that and it will take time to recover. “Mr. Wang, a foreign trade boss, said.
“I didn’t even see a single foreigner. The market and factories were deserted.” “On March 7, Mr. Deng, who specializes in export clothing supply, told reporters that the extent of losses is still difficult to estimate and everyone is at a loss.
It is known as “China’s number one underwear stock” Langsha also has export trade business. On the 6th, its relevant person in charge told reporters that the company’s exports are mainly to Europe, and some are also to the United States. “Exports are currently affected, and coupled with the previous trade war, foreign trade business is relatively difficult. “The relevant person in charge of Langsha said.
On March 6, the China Garment Association conducted a survey on the resumption of work of garment enterprises. The results showed that 29.4% of the surveyed enterprises reported that due to sluggish market demand and orders, Cancellations and other factors have led to a decrease in orders. Some companies have reported a sharp decline in domestic orders and a decrease in replenishment of export orders.
Editor’s note:
Many textile bosses said that it is difficult to make a good breakthrough in the market in the first half of the year, especially in the foreign trade market. After all, many domestic trading companies’ final customers are abroad. Therefore, terminal interception can easily lead to poor domestic demand and foreign trade. This year’s ” “Gold three is not gold” is already a certainty! Doctor Zhang Wenhong predicted the epidemic: “According to the current global anti-epidemic situation, it is basically impossible for this epidemic to end this summer. “Friends in the textile and apparel industry need to be prepared for a protracted war!
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