It’s less than a week away from National Day and Mid-Autumn Festival. This year’s two holidays coincide with each other. In previous years, the seven-day National Day holiday has become eight-day holiday. As a textile market that does not take holidays all year round, it will consider opening 3 days of fun when the market is good. -5 days, this year is different. Textile bosses are even more positive about the holiday.
“This year, let alone five or eight days, some companies even have 10 days off. The Jinjiu market is not good, and everyone wants to take off as early as possible.” A market person said.
The market is not going well, so I’ll take the holidays to catch up.
In the past few years, the textile market has been in a tepid situation. In the past, it might have been a holiday until the end of the year, but in recent years, no matter how big or small the holiday, even on weekends, textile bosses may have to take a break.
According to the operating rate of sample enterprises monitored by Silkdu.com, although it is the traditional peak season, the operating rate is not high, at about 76.2%. It can be seen that the textile bosses are not active in production, even in the peak season. Without continuous stocking, the operating rate has been rising very slowly. In the face of looms that are not fully operating, textile bosses simply cannot use so many workers, so natural rotations occur.
“The market has been average in September. Because the factory often takes turns to take holidays, some workers have resigned early. They simply took a holiday during this period. There are not many orders anyway. We will wait until the holiday is over.” said the textile boss.
Judging from the current market situation, textile bosses who originally thought they would be able to usher in the peak season are completely disappointed. Orders for autumn and winter fabrics have been issued one after another in mid-August. Now the peak season has stalled and the order issuance has slowed down. Can they still welcome October if this continues?
Can the future be expected or not?
In terms of inventory, the pressure on textile bosses is actually much less than before. The current inventory days are around 34.8 days. This data is still at a low level in the traditional peak season. It can be seen that textile bosses are also under inventory. Enough effort.
As for whether the Silver Ten is still worth looking forward to, the editor believes that what the market is currently lacking is foreign trade orders. For the textile market where domestic demand is oversaturated, domestic demand orders cannot satisfy all enterprises, and it is impossible to get even rain and dew. Foreign trade has not yet reached the main battlefield, but some companies expect that Christmas orders in October or a later time will bring a hint of market momentum to the market’s foreign trade.
A textile boss said: From October to the end of the year, it is the busiest day for foreign trade, so there will definitely be more and more orders in the future.
Entering October, there are still benefits to be found in the entire textile market. The domestic e-commerce sales season “Double Ten”, “Double Eleven” and “Double Twelve” will follow up one after another. Foreign Christmas season orders will also be placed one after another. This may also be the reason. This is a major opportunity for textile and garment people to make a comeback this year. Therefore, many textile bosses believe that the market in October can be maintained, at least not too bad. However, many textile bosses are not sure whether the market will have strong reversal power in the later period.
September is just the beginning, and October is the key moment to show off your talents.
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