Recently I heard that a young man who was doing fabric merchandising will quit his job when the factory resumes work after the year, and he will start to get involved in non-woven fabrics, masks and other fields. In one month, he earned more than 300,000 yuan, which was what he had earned from copying for three or four years.
It is true that only fabrics related to epidemic prevention are popular and popular in the textile market now, and the various woven and knitted fabrics that we have been flocking to in the past seem to have been hit the bottom in the face of the pneumonia epidemic. ,Nobody cares. Not only are orders scarce, but profits are also stretched thin.
Orders dropped sharply and profits shrank
In the textile market after this year, the order status will be a process of continuous reduction. At the beginning of the resumption of work, there was a brief burst of orders and then began an endless decline. At first, only some orders were postponed and canceled, but now no orders have been placed.
“We have communicated with foreign trade customers and the order will not be placed until September this year. In other words, we will have no orders for most of this year.” A trader said helplessly.
Fabric orders have become scarce in the market, and those who can have them must face various bargains. Traders, weaving factories, and printing and dyeing factories are all tormented between “reducing prices to accept orders” or “paying high prices without any work”, and profit margins are being compressed step by step.
“Our current inventory of gray fabrics is relatively high, and customers all know that as long as there is an order, they must make a counteroffer. The current profit of gray fabrics is only a few cents per meter. When the price of raw materials drops, these few cents may not be enough. It can’t be saved. Now the factory only wants to quickly digest the inventory. Whether it can make money and how much it can make is no longer so important.”
“Due to a serious shortage of orders a while ago, our dyeing factory directly announced to the outside world that as long as there are orders and the quantity is acceptable, the price will be appropriately reduced. The prices of large orders currently being made are very low. The customer has millions of meters of 300T pongee. To make white, the dyeing fee is 0.4 yuan/meter. Normally, the dyeing fee for white is definitely more than 1 yuan/meter. Now there is basically no profit. The factory The boss is still hesitating whether to do it or not,” said a person in charge of a dyeing factory.
The shrinking of order volume and profits is happening in every link of the textile industry, and it is also tormenting every textile person. Therefore, many textile people have begun to “escape from the textile industry.”
“Escape” textile and switch to other industries
Anyone who is engaged in the textile industry, there must be more or less people in the circle of friends who are engaged in non-woven fabrics, masks and other businesses. They may have had nothing to do with anti-epidemic fabrics before, but now they are mostly doing this because there are basically no orders from the textile industry they were originally engaged in, so they can only try to find other orders.
According to a workshop director of a dyeing factory, because the factory is currently in a semi-stop production state and there are no orders, he is not very busy. He also began to take advantage of the hot spot of non-woven fabrics, looking for customers everywhere to sell non-woven fabrics to increase his income.
The recent work of a trader has basically nothing to do with the textile industry. Their current main business is smart home, wires and cables. These businesses have basically not been affected by the epidemic, especially the sales of wires and cables are surprisingly good. According to the trader, they will put the textile business aside now and will not touch it again in the short term.
Not only this trader, but also a salesman from a printing factory has recently started a real estate agency business, selling houses and housing.
There are many situations similar to them in the market. Some people may directly switch to industries that have nothing to do with textiles; some people may still be there Engaged in textile peripheral industry. After the epidemic is over, some textile workers may come back, while others may no longer be associated with the textile industry.
The current textile market is indeed not good overall, with few orders and low profits. It is reasonable for some textile workers to flee. However, as a rigid demand, the demand for clothing fabrics will always come back, and may enter a state of reduced competitive pressure because many companies change industries. Perhaps it would be easier to receive textile orders at that time and the profits would be higher. </p
