Recently, the editor saw a message about a low-price sale of gray fabric in the circle of friends: 240T pongee gray fabric is only selling for 1.1 yuan/meter! The editor was really shocked, the price is indeed super low. A cloth boss commented that he sells 240T pongee gray fabric for 1.8 yuan/meter. The price difference between two manufacturers of gray fabrics of the same specification is 0.7 yuan/meter. Are market prices really so confusing? !
240T pongee at ultra-low price
However, it is understood that the current price of 240T pongee gray fabric on the market is 1.5 yuan/meter, and the selling price of market orders is generally 1.3 yuan/meter. In other words, the above-mentioned cloth boss’s selling price is 0.2 yuan/meter lower than the market selling price, which is indeed very attractive. In early January this year, the price of 240T pongee could be sold for 2.4 yuan/meter, which has dropped by 1.1 yuan/meter compared with today. In addition to the sharp drop in raw material prices, the market’s sales competition is also very fierce, which is also the reason why the price of 240T pongee gray fabric is so low.
According to the person in charge of a manufacturer that mainly sells pongee, “The overall price of pongee cannot be sold this year, and manufacturers have a lot of inventory. Sell goods. For example, most of 240T pongee is sold at 1.3 or 1.4 yuan/meter, which can only protect capital. If the raw materials rise a little, sometimes you will even lose money.”
Pongyon is available all year round
In fact, the sales volume of pongee is not very bad, especially the sales volume has begun to improve recently. Most orders can reach more than 50,000 meters. Mr. Wu, the weaving boss, said frankly: “240T pongee has been selling very well recently. Several cars are pulled into the dyeing factory every day, and an average of more than 100,000 meters can be shipped a day.”
Dyeing factories can also see a large number of pongee gray fabrics constantly entering the warehouse. According to the salesperson of the dyeing factory, in addition to the large amount of elastic fabrics, the other gray fabrics entering the warehouse are of outstanding pongee quality. Occupying 1/3 of the day’s entry volume. If 240T pongee is sold at 1.3 yuan/meter and can only break even, then the price of 1.1 yuan/meter must be a loss. Moreover, the gray fabrics sold in this batch are still fresh and are not the previous stock fabrics. Since the sales situation of pongee is not bad, why can’t the price be sold, and the cloth boss sells it at such a low price?
There are still pongee manufacturers selling goods to destock and return funds
The main culprit is that the social inventory of gray cloth is too high, and the situation of oversupply has gradually formed last year. By the first half of this year, demand was almost zero, while the production speed of gray fabrics was only reduced by half, and the situation of oversupply was getting worse. Some gray fabric companies cannot withstand the inventory pressure, so selling goods at low prices has become the best way to alleviate the problem. In serious cases, they will sell at a loss, just to quickly withdraw funds.
A polyester taffeta and pongee manufacturer owner said helplessly: “The sales volume of pongee this year is actually not bad. There are always shipments, but it is still lagging behind compared to previous years.” It is very large, and most of the gray fabrics in the factory have more than 40 days of inventory. Recently, the market has been a little bit volatile, and the volume of pongee goods has also begun to increase, but there is still a long way to go before the inventory is gone. After all, there is a lot of inventory, and the speed of machine production is also Faster. The machines in the factory are currently running at full capacity, and this time point is not suitable for lowering production. Therefore, it has been selling at low prices, and the price has never been able to go up.”
Low-price pongee replaces polyester taffeta lining
Pongee The hot sales this year can be said to be that to some extent they are also seizing the polyester taffeta market. Due to the sharp drop in the price of gray fabrics, more and more garment companies have replaced the original polyester taffeta with pongee linings. Polyester pongee has the advantages of good color fastness, softness, breathability, and closeness to the skin, making it more suitable for lining than polyester taffeta. Today, the price of pongee gray fabric is equivalent to the price of polyester taffeta in previous years. You can get higher quality at the same price. Why not?
In fact, the demand for linings is not small, but the most significant feature is its low price. Therefore, if pongee wants to replace polyester taffeta, the price must be low. In order to ship large quantities of goods, weaving companies have no choice but to sell them at lining prices. This is the reason why pongee is available in quantity but cannot be sold at high prices.
Afterwords
Some more optimistic weaving manufacturers said , I don’t care about how much money I make this year, as long as I protect my capital and finish the goods, that’s the best result. It is still unclear whether the market situation will improve in the future, but we must have confidence. Nowadays, making less is better than making nothing at all. Having orders is new hope! </p
