The “2019 China White-collar Internet Users Life Consumption Report” recently released by Penguin Zhiku shows that 30.2% of white-collar workers believe that their willingness to consume has become lower. With relatively low consumption expectations, they first chose to reduce spending on clothing compared with more basic needs such as housing, travel and food.
Textile industry inventory year-on-year growth rate (%)
Chemical fiber, cotton fabrics and their printing and dyeing finishing Ex-factory price index
These factors have undoubtedly affected clothing sales and corporate inventories, resulting in a slowdown in the circulation of the entire textile market. This chain reaction is clearly reflected in this year’s fabric market.
Inventories have risen sharply and prices have fallen
Judging from the year-on-year growth rate of textile industry inventories announced by the National Bureau of Statistics, in the first half of 2018, textile inventories were still at a relatively reasonable and stable stage, with both year-on-year increases and decreases in inventories. 3 consecutive months of decline. However, starting from the second half of 2018, the growth rate began to get out of control. Even in the traditional peak season of textiles, inventory was still growing in March and April of 2019. During the textile off-season, the year-on-year growth rate of inventory exceeded 10% for four consecutive months.
At present, the inventory in the textile market is still at a high level. Although the market has recovered slightly, the operating rate of looms has increased, and the inventory of gray fabrics has begun to loosen, but market feedback shows that weaving There are few large orders from manufacturers, and most of them are small orders. The inventory of fabrics still upsets the heads of countless related companies.
“The market this year is tepid. During the National Day holiday, the factory took nearly a week off, which is relatively rare. Recently, the company has stopped some machines in the factory to relieve inventory pressure. “A person in charge of a fabric company who wished to remain anonymous told a reporter from China Textile News: “In the past, the cloth in stock could travel more than 100,000 meters in a week. Now that we have orders, we are already satisfied. It is estimated that we will have an early holiday during the Spring Festival. ”
Another person in charge of the company also said frankly: “The market has become colder this year. There are not many orders for fabrics such as nylon spinning, and the company’s sales volume of gallbladder fabrics It has also declined relatively, and a lot of spot goods have been accumulated. Now the phenomenon of dumping goods in the market has begun to increase, and everyone wants to use this to reduce the pressure on inventory and funds. “
China Light Textile City’s market research results also confirmed the words of the person in charge of the company. The survey shows that the fabric market business in the China Textile City is still relatively insufficient recently; in order to reduce inventory pressure, some polyester and spandex elastic fabric weaving companies around the China Textile City have recently reduced their operating rates. In the traditional market, polyester and spandex elastic fabrics in early winter are mainly polyester FDY filament, DTY Most of the finished fabrics of low-elastic yarn and hairy composite yarn, as well as interwoven or mixed polyester and spandex elastic fabrics and double-layer composite polyester and spandex elastic fabrics, have corresponding inventory in some operating stores, and some large-scale operating stores still have large quantities in stock.
Due to “oversupply”, the textile industry chain is operating at a high speed, but end customer demand is seriously lagging behind. Another phenomenon has followed – the price of fabrics has plummeted.
For example, imitation silk fabrics, 75D24T high twist chiffon dropped from 3.3 yuan/meter last year to 2.6 yuan/meter, and 75D tangled hemp dropped from 4.8 yuan/meter to 3.8 yuan/meter. …The prices of various types of artificial silk have mostly dropped by about 20%, and prices have returned to three or four years ago almost overnight.
From the changes in the ex-factory price index of chemical fiber, cotton fabrics and corresponding printing and dyeing finishing announced by the National Bureau of Statistics in the past two years, it can be seen that these two types of products are used most daily by consumers. The price of textiles ended this year’s growth trend and began to decline significantly year-on-year, and the decline was strong.
Conventional products are in short supply and innovative products are in short supply
However, the market is never stagnant. In the past, when conventional products were facing the embarrassing situation of overcapacity, the sales of many products were rising steadily.
When reporters visited companies recently, relevant persons in charge of many companies said that the popularity of recycled fabrics has increased significantly this year, and many customers have inquired about this type of fabrics. “In fact, compared with traditional fabrics, the price of gray fabrics of recycled fabrics is often 50% more expensive than traditional fabrics, while the price of finished fabrics may be nearly 80% higher. Even though it is more expensive, clothing companies are also willing to pay for ‘recycling’ Pay the bill.” The relevant person in charge of Nantong Dongyi High-tech Fiber Technology Co., Ltd. said that the company’s fabrics such as fabrics woven with recycled yarns, DuPont bio-velvet, Dupont stretch silk and other fabrics have almost no performance performance compared to traditional fabrics. The difference shows a very broad application space. At this year’s major exhibitions, we have reached purchase intentions with many customers.
“At present, more and more downstream customers have begun to try to use recycled fabrics.” The relevant person in charge of Changshu Zhongzhou Textile Sales Co., Ltd. also said that now the company is also in a hurry Following the trend of green environmental protection, we have launched knitted recycled and environmentally friendly fabric products. It is understood that this product has also passed a series of international certifications and is highly recognized internationally.
Elastic fabrics have become very popular in the past two years. Ji Chengmei, deputy general manager of Zaozhuang Haiyang Dynasty Textile Co., Ltd., said that the company now mainly promotes pure cotton imitation linen, permanent black and other fabric products. And these fabrics have one thing in common – elasticity. “Most of the company’s fabrics show good elasticity, good stretchability and reducibility. The clothes produced are washable, durable, not prone to wrinkles, and are comfortable and smooth. The current market sales are gratifying.”
In recent years, many trendy clothing companies have tended to use light-sensitive fabrics to produce fashionable men’s and women’s clothing, which has become a market trend. Suzhou Penfolds Textile Co., Ltd. mainly promotes the colorful Bird’s Nest reflective technology fabric, and its customers include Italian and German clothing brands. “Pu Lixu, general manager of the company, said that this fabric relies on an original finishing process to “brighten” the fabric through lights. It not only makes the fabric more “dazzling” and more attractive, but also has higher added value and has a broad market prospect.
Pu Lixu said: “Since the fabric was released in May, although the sample price is as high as 200 yuan/meter and the bulk price is 99 yuan/meter, the purchased brand and There is an endless stream of designers, which shows that this fabric is highly recognized in the market. ”
Today, the textile industry is deeply promoting industrial upgrading, and following the old path of following others in the market is becoming less and less competitive, and it is taking the path of regeneration, popularity, and differentiation. Enterprises are becoming more and more courageous with each setback. Industry insiders point out that the market for conventional fabrics will become more and more fierce in the future, and enterprises need to continue to innovate, plan in advance, and become more refined and specialized in order to become stronger and bigger.</p
