Recently, the term “street stall economy” has become extremely popular, and many places have set up vendor regulation points to encourage the development of the street stall economy. The street stall economy has always been a “grey area” in my country’s urban economy. Its existence has a certain rationality. It has alleviated employment pressure to a certain extent, promoted the development of the tertiary industry, and at the same time activated the market and stimulated economic development.
For this reason, many cloth owners in the textile industry have also begun to have the idea of setting up street stalls to sell cloth. But the editor wants to say that textile people have actually started setting up street stalls to sell cloth a long time ago. Have you noticed it? The so-called street stall refers to displaying goods for sale on the street or in the market. At the same time, what is more reminiscent is that most street stall goods are cheaper than those in shopping malls and retail stores. Low price is their main feature and the most attractive part.
The textile industry has already formed unique business districts in textile clusters. Most of the textile enterprise facades are planned to be in a unified area. Isn’t this a gathering place for “street stalls”? What’s more important is that the prices in the textile market have already been street stall prices in recent years!
The price of gray cloth has dropped by more than 30%, reaching street stall prices
Since the market began to go downhill in 2019, the price of gray fabrics has also continued to decline. This is well known. But how much will the price drop? Let’s take the 75D weft-twist imitation memory gray fabric as an example to see in detail. The price in 2018 was 2.5 yuan/meter. With the decline in market conditions and raw material prices, it has dropped to 1.9 yuan/meter in 2019, and now the price is only 1.7 yuan/meter! The price of gray cloth dropped by 32%, which also well verified the cloth boss’s lament: the price of gray cloth two years ago has become the price of finished products this year!
In the era of street stalls, prices have risen too much Difficult
In May, with the rise in raw material prices and the recovery of market conditions, the price of gray fabrics is also about to move. Cloth bosses are thinking that the price can Pull back a little. Recently, the editor was also asked by a friend whether the price of gray fabrics has increased. The editor’s answer is that there has indeed been an increase in some areas. However, for the huge gray fabric market, local price increases have not affected the entire market, and the overall price trend has not increased significantly.
Contrary to expectations, it is still very difficult to implement price increases. The company’s inventory of gray fabrics is still high. Even though the shipment volume in the past month has been good, the inventory days have not dropped significantly. According to the sample companies of China Silk City Network, the inventory days of water-sprayed gray fabrics in Shengze area are about 42 days. It can be seen that the pressure on inventory is still there, the competition among enterprises will become greater, and the price increase of gray fabrics will become cautious.
Fierce competition among small vendors , the fight is all about price
Nowadays, the number of orders in the market is increasing, but it highlights the “street stall economy”. Many cloth owners took this opportunity to sell large quantities of gray cloth at low prices, using street stall prices to attract customers to buy. However, the price war has intensified, and some companies have even sold at a loss. This is why some companies have obviously raised the price of gray fabrics, but the market price is still ridiculously low.
A business owner who specializes in imitation memory gray fabrics said that he originally planned to increase the price of gray fabrics, but found that some companies were cutting prices and selling well, so I decided to I don’t dare to raise prices anymore. After all, there are still hundreds of thousands of meters of inventory, so I really don’t have the confidence to raise prices.
Editor’s note
Although textile companies have not set up stalls, today’s business model It’s just like setting up a street stall. Therefore, the textile market has already entered the “street stall era”, but the editor still hopes that this “street stall craze” will drive the sales volume of the gray fabric market, continue to ferment this wave of market enthusiasm, and welcome a better second half of the year!
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