“We recently received a trial order of 20,000 meters of Doris. Before production was completed, the customer ordered another 30,000 meters…” said a local textile boss.
There are less than two months left before the Chinese New Year, and many manufacturers have already made preparations to suspend production. However, they are afraid that the order will not be issued in time and the lack of workers will cause difficulty in recruiting workers in the coming year. It’s really here.
A fire in the cold winter
It is understood that in addition to subsequent additional orders, the profit of this fabric order is also very good, and the machine benefit can reach more than 100 yuan. For textile bosses who have been suffering losses for a long time this year, it is simply a fire in the cold winter and warms the bosses. The wounded soul of long-term losses. There are actually some profitable orders like this this year, but as the end of the year approaches, many textile bosses have no orders to weave for production inventory. It is not easy to receive a profitable order at this time.
Although the profit from this order is considerable, most conventional fabrics on the market today are still at a loss. Niche fabrics can win based on quantity, but without this advantage, it is difficult for conventional fabrics to increase their prices. However, conventional fabrics produced on the market There are so many manufacturers that we can’t even count them, so this year the market has been extremely poor and textile workers can’t make any money.
Due to the reduction in demand due to the epidemic, it is difficult for the price of conventional fabrics to rise due to the price war. Some textile owners may still suffer losses in a short period of time. However, due to the recent drop in raw material prices, some fabrics have never been sold. Some have generated some profits, but in general it depends on changes on the demand side. Changes on the cost side are only temporary, and no one can say what will happen tomorrow.
Proceed with caution and prepare for 2023!
At the end of November and the beginning of December, the market is coming to an end. Many factories will be on holiday in about half a month. Looking back, the overall market performance this year is poor due to reduced orders and low profits. Basically, most companies are affected by this. If you can’t make money, working for a whole year is equivalent to working for nothing, but it doesn’t work if you don’t work.
At the end of the year, many textile bosses will purchase some raw materials in advance to prepare for production in the coming year. Of course, the price of raw materials has also dropped in recent times, but when it comes to stocking up on raw materials, textile bosses have waved their hands and said not to stock up.
“Although the raw materials have dropped a lot, we will not stock up on them. Now, hoarding raw materials will directly triple the pressure on ourselves.” said the textile boss.
Generally speaking, raw material prices will definitely have a good start at the beginning of the next year. However, if the market is not good, the originally rising prices will quickly fall back, and may even be as low as the stocking price at the end of the year. In addition, there will be no sales this year. No matter how much money they make, textile bosses are already living in embarrassment. In addition, customers will not make any money at all when they lower prices again next year and may even lose money on the raw materials they stock up. Therefore, textile bosses will not dare to stock up on goods at the end of this year.
Facing the not-so-optimistic textile market, only by being cautious can we move forward steadily. For example, when buying football for the World Cup now, if you win, you will feel that you have bought too little, and if you do not win, you will feel that you have bought too much. Nothing can be done. Completely satisfied, act cautiously and let yourself lose less. It is best if you make a profit. If you lose, you will lose less. It is not possible to become fat in one bite for a long time. Take your time. As long as everyone still wears clothes, the demand will not be gone one day. It will get better.
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