After long calls, the textile market finally ushered in the traditional peak season! Regarding the “Golden Nine and Silver Ten”, relevant people have said that they have finally survived the off-season, but they must not fail in the peak season.
As we all know, September to October every year is an extremely critical period for the textile industry. If it can be passed smoothly, it can end safely. Otherwise, the high inventory will become the last “straw” to overwhelm some enterprises. !
Fabrics are partially sold, and profits have become a “worry” for enterprises
As early as August, the fabric market had seen partial buoyant sales. Fabrics such as 300T pongee, 100D four-way stretch, and 228 Taslan were all selling well to varying degrees. Subsequently, due to factors such as tight supply and other factors, the quotations of some fabrics were also raised.
Are fabric sales or price increases a precursor to the peak season? The answer isn’t quite so.
A textile company said, “If you ask if you have any expectations for the traditional peak season, the answer is no, which is definitely false. However, according to the current market trend, we still have to maintain a relatively cautious attitude. Recently, pongee and four-sided elastic have been relatively popular. Yes, the volume of a single order can reach more than 10,000 meters, and most traders prepare goods in advance, presumably the real demand has not yet arrived.”
When asked what caused the price increase of fabrics, the textile company sighed that the cost side continued to rise and the weaving side was unable to absorb it on its own. It was a helpless move to increase prices appropriately to pass on some of the pressure. Moreover, most of the hot-selling products on the market today are short-lived, and their popularity is weak. The price increases caused by short-term hot sales are difficult to sustain for a long time.
However, we cannot deny that rising fabric prices can effectively alleviate the profit pressure on textile companies. After all, in the context of overcapacity, the textile industry has been forced to enter the involution mode, and the price war has become more and more intense. The “price” is often discussed in negotiations, and the loss of profits has become a “heartache” for textile companies. Some companies have already lost their capital. Even operating at a loss.
Equipment, processes… adapt to changes or there may be unexpected surprises
Since the market has not yet fully started, facing fierce market competition, some companies with limited production capacity and financial strength are having a very difficult time. More and more textile people are looking forward to the traditional peak season to bring a “timely rain” of orders. September-October will become a “critical period” for the textile market!
So what preparation measures have textile companies adopted? Some of them actively participate in various exhibitions and strive to open up the market; some upgrade equipment to arm themselves and comprehensively improve product quality; others improve the weaving process to meet customer needs… Various signs indicate that even if the situation is not optimistic enough, textile companies have not Give up easily.
In early August, a weaving company changed the elastic Bamei satin from the original rolled edge to a wide edge at the request of a customer. Although the customer’s impromptu initiative caught people off guard, the company unexpectedly received a new product, and was forced to innovate to maintain customers more stably.
In mid-August, another weaving company launched a new pongee trimmed fabric. This product is the product of upgraded equipment. After trimming the gray fabric, the edges are neat, which effectively solves the problem of rough edges and indirectly improves the overall quality of the product.
At the end of August, the Shanghai Exhibition arrived as scheduled. Judging from the feedback from the exhibition, mid-to-high-end fabrics are more likely to be favored by buyers. In addition, fabrics with their own texture have a wide audience. Fabrics that combine functionality, movement and comfort are profitable. Quite impressive.
Judging from the monitoring data of Silkdu.com, since August, the weaving operation rate (68↑72.2) and gray fabric inventory value (36.3↓35.6) have been developing in a good direction.
In general, although the overall trend is not yet completely clear, the textile market will usher in the National Day consumption season, the Double 11 carnival season, the Christmas Black Friday stocking season… it is still worth looking forward to!
</p
