From bad to worse, no one from weaving to polyester to middlemen and manufacturers is having a good time. The two are worried about inventory and costs, while the middlemen are worried about no business and machines that can’t run.
The popular stretch fabrics in previous years have almost no popularity in the market this year. In addition to weaving manufacturers and polyester manufacturers, there are also a group of yarn processing manufacturers on the market. For example, spandex covered yarn manufacturers are also due to the cold weather of four-sided stretch fabrics this year. This type of covered yarn manufacturers are dead. They made money by processing spandex yarn. Now their sales are gone, but they can’t just shut down.
Overkill, overkill, survive in adversity
“A spandex covered yarn manufacturer that we often receive goods oversells materials and uses the integrated covering machine that can be texturized and webbed at the same time only for webbing, so that the machine can continue to process and not be left empty.” A weaver the boss said.
Last year, the price of spandex yarn soared, and the covered yarn manufacturers also had work to do. They resold the spandex yarn in the factory to earn the difference. But this year, the price of spandex yarn has dropped, and the market for four-way elastic has dropped. In addition, many manufacturers have purchased one-piece fabrics themselves. The covering machine produces spandex covered yarn by itself, and the business plummets. Without the support of the demand side, these manufacturers have nothing to do.
However, the recent hot sales of Wall Satin once again made these intermediate manufacturers think of ways to make a small amount of money. “Wal Satin is made of cationic FDY air-wrapped spandex yarn. In the past, it was generally produced by a small air-wrapped machine (without texturing function). , now using an integrated coating machine can reduce a lot of costs, which is what coating manufacturers do most recently.” said the weaving boss.
The impact of the epidemic has had a considerable impact on the entire upstream and downstream of weaving. Whether it is upstream polyester manufacturers or downstream garment manufacturers, whether it is the printing and dyeing industry or the intermediate processing industry, the reduction in demand can only mean the survival of the fittest for them.
Market competition is fierce and it is difficult to survive without an advantage
“For the mid-to-high-end products made in our factory, orders have been very good this year. Foreign trade orders are better than domestic demand orders, and the profit situation is also quite good.” said a textile boss who specializes in acetic acid and Tencel fabrics.
The sales volume of mid-to-high-end products is still good, but generally such products are not as large as conventional products, and the manufacturers account for a minority. This has also contributed to a very serious market polarization. Such manufacturers can still survive the epidemic. There are good order volumes and good profits, but conventional product manufacturers are faced with orders obtained by “involution” and selling prices lower than cost. If this vicious circle continues, the market will naturally be bad.
Assuming there is no epidemic, as people’s quality of life gradually improves, conventional fabrics are definitely not as popular as mid-to-high-end fabrics. Many imitation silk products that were popular in the past few years have long been reduced to linings, not to mention the current situation. During the special period of the epidemic, the demand reduction is even more serious. There are thousands of weaving manufacturers in Jiangsu and Zhejiang. It is very difficult to survive in such fierce competition.
Nowadays, manufacturers who do not have advantages in fabrics have no orders and no profits. Since the outbreak of the epidemic in 2020, weaving manufacturers, polyester manufacturers, clothing manufacturers, and other upstream and downstream manufacturers that have closed down in this predicament must have been in large numbers. Now this It is really difficult to survive without market strength, wealth, and advantages.
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