Pombu is the most common fabric among water-sprayed products in Jiangsu and Zhejiang regions, but it can make waves in the textile market. In 2018, pongee fabrics often experienced lively scenes of “hard to find cloth” and “rising prices”. By 2019, Chunya Textile’s remuneration has plummeted, with an inventory of millions of meters and a price drop of 30%. It can be said that it has stepped down from the “altar” of fabrics!
What will be the fate of pongee in 2020?
Having received orders for hundreds of thousands of meters of pongee at home
A few years ago, Chinese silk Duwang conducted a market survey on pongee enterprises and learned that many weaving manufacturers have as many as one million meters of pongee gray fabric inventory, but the machines are still producing at high load and continue to make inventories.
Now most of the weaving companies have started operations. Although the production capacity has not been restored, it is only around 10-20%. But it does not affect delivery. This is also due to the millions of meters of inventory accumulated in the warehouse a few years ago. Except for products with special specifications, they can be shipped at any time as long as there is an order.
Since the first batch of enterprises resumed work on February 10, the sales volume of pongee gray fabrics has been increasing day by day. . Recently, a market survey conducted by China Silk City Network showed that weaving companies have taken orders and shipped goods, mostly pongee. The person in charge of a weaving company that specializes in polyester taffeta, pongee and other products revealed: “Recently working from home, I have received several orders for pongee, hundreds of thousands of meters, and the quantity is okay.”
The owner of another weaving company specializing in pongee also said: “At present, our factory has restored 60% of its production capacity, and goods are being shipped one after another. The current order volume is not bad, about 100,000 meters of pongee per day. Shipment.”
Chunyao has a hot sales trend
Recently, the editor learned that , pongee can be used to produce protective clothing through TPU compounding, and not only non-woven fabrics can be used to produce disaster relief supplies. Other fabrics such as polyester taffeta cannot be used to produce protective clothing, so the market demand for pongee has increased in recent times.
In addition, the traditional peak season is approaching in March. As a regular variety, pongee is a popular product in the market. Demand will also increase. Looking back on the “Gold, Three, Silver and Four” in previous years, even in 2019 when the market was sluggish, the sales of pongee were not bad during the traditional peak season. However, oversupply led to increased inventory and falling prices. But now, the production capacity of weaving enterprises is very low, and it is still unknown whether it can be fully restored in March. However, the demand for pongee has arrived, and most of it is inventory. At this time, it is time for weaving companies to compete for inventory and complete varieties!
The future of pongee is ill-fated
Although the current sales of pongee are acceptable, The fate of pongee in the first half of 2020 is still unknown. Chun Yafang involves a wide range of clothing, so its fate almost follows the entire fabric market. On the one hand, it depends on whether the “Gold, Three, and Silver” can arrive as scheduled and how popular the peak season is; on the other hand, it depends on Chun Yafang The balance between supply and demand of spinning.
Youbu boss believes that the current shipment volume of pongee textiles will not be too bad. Orders that have not been placed before are now being placed one after another. In addition, pongee is the most conventional product, and its dosage will not be too small. Secondly, because weaving companies have not yet fully resumed production, competition among companies is less than usual.
However, we cannot be overly optimistic about the later period. The overcapacity problem that plagued 2019 has not been effectively alleviated. We may continue to face this problem in 2020, so it cannot be ignored. At present, companies can only ensure product quality and provide appropriate prices, and there will be no shortage of orders.
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