Time has arrived in October, but the market has not picked up at all. When weaving bosses are still complaining about taking annual leave without orders at the end of the month, many spot bosses are also at a loss.
Last year, many textile bosses were developing in the field of spot goods. They seemed to have seen good prospects, but they did not seem to be as good as they imagined. Many bosses have stumbled here. Based on the concept of digesting inventory, But it inadvertently created more inventory.
“We have been having a hard time making finished products recently. The composite silk modal shirt fabrics from 3 years ago were sold with 50,000 to 60,000 to 60,000 meters of inventory left. The colors are not available. There is no advantage in selling incomplete products to customers. They cannot catch the eyes of customers, so they can only sell them next time. A single 100,000 meters of gray fabric will be resold to customers with completed colors. If the customer places an order for this reason, then the 100,000 meters will be considered a worthwhile supplement. Otherwise, it will cost you your wife and your troops.” said a finished product boss.
I don’t even dare to think about profits, I’m lucky if I don’t lose money
There are weaving bosses who are saying that they have a holiday at the end of the month. How can the business of the spot bosses be better? The overall market performance is still relatively poor now. There are only a handful of bosses who are good at business, and the fabrics they don’t have in hand are simply useless. If you dare to negotiate the price with your customers, the price of regular varieties can only be set by the customers. If you don’t accept it, just keep it. If you accept it, just sit back and wait for losses.
Last year, many textile bosses transformed themselves into spot supermarkets, just to digest the piles of inventory on hand. In the fast fashion era, they thought that only spot items, which are convenient for customers to choose, can stand out in the market. However, no matter how big the change is, they cannot withstand it. As the volume increases, unsold spot goods are more difficult to sell than gray fabrics. As a result, many textile bosses have switched back to the production of gray fabrics.
It is really difficult to make money this year. The epidemic swept across Jiangsu, Zhejiang and Shanghai at the beginning of the year and the market, which had been slightly prosperous, became sluggish again. Textile bosses would rather get rid of more inventory than make profits. They can only choose one or the other. Of course, this choice may be the most appropriate of all. The circulation of funds is particularly important for textile bosses. If all the money is tied up in the goods, it will be difficult to move, and the end result can be imagined.
It’s hard to say that the already poor market has welcomed the Golden Nine. At the beginning of the month, I thought there was hope, but the peak season came to an abrupt end like a flameout. The textile bosses were really helpless.
Will October be a washout?
If the peak season is not prosperous, there will be no gold. In fact, textile people do not have much hope for October. Everyone in the September market is saying that foreign trade is better than domestic trade, but this is only the thinking of some textile bosses. The real situation Everyone has their own opinions, but the actual foreign trade market is still not very satisfactory.
Looking back at last October, there was still a wave of market conditions. Due to some reasons, the market in Jinjiu almost came to a standstill. October ushered in a wave of concentrated orders. I cannot say that last year was good for everyone, but the market conditions for most textile bosses were still okay. .
According to the above view, October this year may also usher in a wave of rebound. Originally, the foreign Christmas season and Double Eleven could bring some orders to the market. The market in September was average. Last October was still sunny and high. According to the weather conditions, this winter may be a cold winter, which may greatly increase the pace of customers’ ordering. Then orders may be placed in October. However, the epidemic is still raging now, and customers will also consider it when placing orders. So be cautious.
This year, except for a small number of textile companies, other bosses are not having a good life, so textile bosses do not need to worry too much. As long as the demand is still there, there will definitely be orders.
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