Seeing that the time is getting closer to the Chinese New Year, the issues of holidays and payment collections that everyone is concerned about have also arisen. Through this survey and visit, the holiday time of the textile market has probably been determined.
It’s almost a holiday, but the loom is still running full?
At the same time, another question arises that troubles the editor. The market is so bad. Why is the loom running at full speed as the new year is approaching?
“Currently, our machines are fully operated, and they will be turned off at the end of December.” Mr. Yu, who specializes in high-elastic pongee, said.
“Our post-processing area is basically fully operational until the holidays at the end of December.” said Mr. Li, the post-processing manager.
“Our factory is closed this month, but it was fully open before.” Mr. Tang, who specializes in elastic fabrics, said.
“The factory is now fully operational, and there are no plans to reduce operations in the short term.” Foreign Trade Manager Zhao said.
order problem
Although the end of the year has come, it does not mean that there will not be orders placed at the end of the year. Many textile bosses can still receive orders at the end of the year and ship goods before the year. If production is stopped at this time, it may be too late to call in workers for production. The Chinese New Year is less than two months away. According to the practice in the textile industry, the holiday is usually started more than half a month in advance, so it is not bad to simply open until the holiday.
worker issues
As the Chinese New Year is approaching, assuming that manufacturers now slow down production or directly stop production, factory workers will definitely leave their jobs and return to their hometowns. At this time, they will face this big problem. Let’s not talk about the fact that no one will produce after the order comes. We will recruit workers next year. It has become a big trouble again. Every year, we encounter difficulties in recruiting workers. Suspension of production early will only amplify the problem of difficulty in recruiting workers. When workers feel that their jobs are not secure, they will naturally not choose to continue working in the factory.
It is true that as the new year is approaching, it is even more difficult to stop production early. The looms in the weaving factory are running at full speed, which means that the textile boss has never stopped asking for accounts.
Do you want the account back? Totally impossible
Another big problem at the end of the year is the payment of accounts, but the textile boss said lightly: “It is quite easy to pay the accounts this year.”
“The payment collection situation this year is not bad, but it is two months later than before. There is no pressure on the receivables. It is similar to previous years, and the payment collection is relatively fast.” Mr. Li said after finishing.
“The repayment situation this year is okay, but we have stopped doing business with some customers whose repayment situation is not good. At the end of this year, the main pressure is inventory and capital, and the accounts are not bad.” Foreign Trade Manager Zhao said.
“The payment collection situation this year is not bad. They are all old customers. We will prepare some inventory at the end of this year. There is no pressure on receivables. It is similar to previous years. Bad customers will not do it directly. They are all better customers, so payment collection will be faster. .” said Mr. Yu, who specializes in high-elastic pongee.
The top three textile bosses all said that the repayment situation is pretty good. Because the market this year is mediocre, they are very careful in selecting customers. They only choose the right ones and not too many. Even if the customers delay for a while, they can successfully get their money back. . Of course, there are exceptions. “This year’s repayment situation is not good, there are many old renegades, and old customers are seriously in arrears, so we can only do cash business with reduced prices, which is really unprofitable,” said Mr. Tang, who specializes in elastic fabrics.
After all, not everyone has completely overcome the problem of remittances. Some textile bosses still have trouble with remittances this year, which makes families who are not already wealthy even worse.
Is there more to look forward to next year?
Seeing that the day has come to the end of the year, in addition to the current pressure and problems on fabrics, textile bosses may also be concerned about what the market will be like in the first half of next year.
“The market will not be good in the first half of next year, but it may be better in the second half. The overall environment is still good.”
“The first half of next year should not be good either. It is difficult to sell domestic clothes this year, and foreign trade orders have decreased, so business will not be easy next year.”
“The first half of next year should not be good either. The main reason is the impact of the economic environment. The epidemic may also have a certain impact.”
“It remains to be seen how the market will fare in the first half of next year. The main thing is that the epidemic is coming again, and it keeps happening again and again.”
What is certain now is that everyone is not very optimistic about the market conditions in the first half of the year. Whether it is the epidemic, the overall market environment, or current demand, they are the main reasons for the current lack of orders.The reason is that these problems are difficult to solve in a short period of time. The epidemic has been troubled for almost three years. It is like a blind catalyst, causing the textile market that was already declining to weaken even more quickly. The consequences that followed The problem caught the textile bosses off guard. How to survive in this troubled world is what the textile circle will need to pay more attention to in the future. Now more and more people answer: “Take it step by step.”
When will the market improve? This may still be unknown.
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