Stop guessing! Because outdoor fabrics are selling like crazy.
It has been three months since the epidemic broke out again in February. April and May, which were originally the golden periods for tourism, were not allowed to go anywhere because of the epidemic. Various picnics appeared on the grass in the circle of friends. Of course, picnics are inseparable from the consumption of outdoor products. Among them, tents, a must-have item for picnics this year, have also become a hot star product, so Oxford cloth has become a hot-selling product among all fabrics.
Production and sales exceeded 2000%, something I had never dared to think about!
“Because of the epidemic, Oxford cloth has been extremely popular this year. A chemical fiber factory I know sells 400 packs of 160D/96F semi-gloss FDY a day, which is nearly 300 tons. The factory’s daily output is 20 packs, about 15 tons. Now Because the order quantity was too large, we urgently increased the quantity to 40 packages (30 tons/day). It can be said that the supply exceeds demand. The price directly increased from 8,400 yuan/ton to 9,000 yuan/ton, and weaving manufacturers are still placing orders.” said a textile boss.
Since the Russo-Ukrainian war this year, crude oil prices have been at a high level, and polyester yarn prices have also remained high due to cost impacts. The peak seasons for gold, silver, and silver have been sluggish, and the market has been sluggish, resulting in low production and sales of polyester yarn manufacturers. It is rare for production and sales to exceed 100. Even during the promotion, the production and sales were not as good as in previous years. The production and sales of this raw material manufacturer exceeded 2000%, which is really unimaginable.
Although the hot sales of Oxford cloth have caused chemical fiber manufacturers to receive many orders, such high production and sales are very rare and only account for a minority. Not all manufacturers can achieve such high production and sales. According to the inventory situation, currently Polyester inventory is still at a high level. If the market continues to deteriorate like this, shutdowns for maintenance will definitely occur frequently.
As the hottest picnic item this year, the market for tents of Oxford cloth must be very good, but this is not the case.
Hot sales does not mean price increase
In a market accustomed to low prices, it is difficult to raise prices even if the same product is very popular. According to some Oxford cloth manufacturers in the market, although tents are really hot-selling this year, the price of Oxford cloth has not increased.
“The overall market situation this year is not good, so it is difficult for fabric prices to rise, and polyester prices have always been at a high level. Even if they sell well, our profits are very low, and some of them are even unprofitable. Now we take orders just to maintain our lives. “A manufacturer mainly engaged in Oxford cloth said.
“Although we make Oxford cloth, we mainly do foreign trade. Everyone knows the current foreign trade situation, so our order situation this year is not good.” A foreign trade boss said.
Oxford cloth is a regular variety in the market, and its volume is also very large. Although tents are hot-selling, they are not necessities of life, unlike clothing and home products, which are indispensable. Therefore, each company has its own opinion, and the huge textile market does not Maybe every textile company that buys Oxford cloth can receive an order. Where the market demand is, there may only be half of the textile companies and chemical fiber factories that can make money taking orders. As the textile boss said, the market is not good this year. Even if you have orders, it will be difficult to make money…
Now that the traditional peak season has passed, there are many signals in the market revealing that May can become the last hope for the peak season in the first half of the year, but is this really the case? Market conditions are changing rapidly, and no one can guarantee what will happen tomorrow.
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