In the “troubled times”, textile bosses are eager for orders, but they are eager for profitable orders, and they are eager for orders that they have no time to avoid losing money. However, it backfires and the orders that are hard to come by are still losing money. What is going on?
“A customer placed an order some time ago and the finished product has been delivered to his hands, but the fabric was found to have serious fly marks. Now he requires our weaving factory to compensate.” A weaving boss said.
Flying flowers are generally caused by the fact that cotton yarn varieties and chemical fiber types are produced in the same workshop. Cotton and rayon products will have flying flowers flying to the chemical fiber varieties, and the cotton yarn will not be colored during dyeing. The fabric flying is caused directly by the weaving manufacturer, so it is generally the weaving manufacturer’s responsibility.
Losses occur every year, but this year is particularly tragic.
In fact, losses occur every year in major weaving manufacturers, but in previous years they would not magnify the losses because they still had profits, but this year is different. Many people say that this year is the worst year in the history of dry textiles. This year, situations such as selling at a loss, running out of orders, and suspending production during holidays are common this year. It is precisely because of this that the loss of fabric flying makes the textile boss even more bitter. He could not make any money in the first place, but in turn he had to lose money. It was really a heavy loss.
“Although our order situation this year is not bad, because the profit is really low, many fabrics may suffer a little loss even if they are freshly produced and not done well. This year’s order situation is half less than last year. I originally thought there would be some in the peak season. The results of orders are still disappointing. The current market is probably over, and we can only hope that things will get better at the beginning of next year.” said a textile boss.
Not being able to make money is a common phenomenon this year. Many textile bosses have already expressed their intention to take the annual holiday due to poor market conditions. Compared with the holiday, what everyone is more afraid of now is that the production inventory cannot be sold. After all, everyone is talking about the future. It is impossible for the market to improve within 3-5 years.
Poor market conditions are not necessarily a bad thing
To say that this poor market situation is actually a bad thing if you think about it in a good direction, in the past few years, even if there was an epidemic in the market, everyone still produced stocks without hesitation. For example, last year’s Nisi Fang knew it was a hype but still kept it. To follow the trend, a large amount of inventory hoarding will only form a vicious circle. Under this, weaving manufacturers have learned a lot this year. It is really hard to say what hot-selling varieties this year will be. It is absolutely impossible for textile bosses to take a holiday if they can. Regardless of any holiday, the reduction in production capacity has made the originally high inventory much smaller than in previous years, which may also be a good thing for the current situation.
Of course, the decrease in demand in the past two years is indeed a very difficult thing for the textile market. When demand and supply are not directly proportional, a group of companies that cannot keep up will be eliminated, and opportunities in the era of survival of the fittest will decrease. At the same time, competitors are also decreasing. Only by making yourself better and stronger can you survive in this adversity. Therefore, the deterioration of the market is not a bad thing for some powerful companies. Maybe they can do better in such adversity. To survive on the ground, of course, it also gives some companies without advantages some time to change their current situation. If there is no business, then they have time to work hard to change themselves and adapt to this market, so that they can receive better orders.
The deterioration of the market is not a bad thing, maybe it is just an opportunity to temper yourself.
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