Important Notice
On February 4, China Oriental Silk Market once again issued a notice to postpone the resumption of work, and the opening time was adjusted to February After 24:00 on the 20th (the twenty-seventh day of the first lunar month).
On February 2, Shaoxing Keqiao also issued a notice that all companies must not resume work before February 17.
In the textile industry under the new coronavirus pneumonia epidemic, all factories are suspending production. Although textile markets across the country have issued notices of resumption of work, it is still unknown when production can actually resume. This made the weaving boss particularly uneasy, and the vacation turned out to be a terrible thing.
Cost pressure on textile companies increased after the suspension of production
In 2019, the market was weak, and weaving manufacturers had high inventories and sold at a loss. Even under such circumstances, weaving bosses Reluctant to discontinue production. The important reason for this is that workers still need to pay wages and rent when production is suspended, both of which are huge sums. Even with the same expenses incurred, the cloth bosses still chose to stand their ground. Now we are also facing such a problem. Cloth bosses are forced to suspend production, but where will the workers’ wages and rent come from in February? Although governments at all levels have issued notices on partial rent reductions for business households that rent state-owned assets for business use, and have also proposed rent discounts for personal business use, it is still unknown whether individuals can implement it, so the rent is still for weaving manufacturers One cost to worry about. Workers’ wages must be paid in real terms. Especially in the past two years, the difficulty in recruiting workers has been magnified again and again. Boss Bu pays more attention to workers’ wages and benefits. In order for workers to return to work smoothly after resumption of work, wages for February must be paid normally.
Migrantworkersstayintheirhometownsandhavenotreturnedtowork
WeavingfactoriesinWujiangareaThevastmajorityofemployeesaremigrantworkers.MostofthemreturnedtotheirhometownsduringtheSpringFestivalholiday,andonlyafewstayed.Currently,affectedbytheepidemic,themovementofpeopleisundercontrol,andfewmigrantworkershavereturnedtotheirhometowns.Theownerofaweavingcompanywith300loomssaid:”WewillnotstartworkuntilatleastFebruary10.Itwillalsodependontheoverallmarketsituationandmaybepostponed.OurcompanydoesnothaveHubeiemployees,buttherearemanynon-localemployees.,havenotcomeyet,Iaskedthemtowaitformynotification.”
Forweavingmanufacturers,themostterrifyingthingisnotthattherearenoorders,butthattheycannotstartwork!OnlywhenIheartherumbleoftheloomcanIfeelatease.Infact,allfabricbossesarerestless.Thosewhoreceivedordersyearsagoareanxioustodelivergoods;thosewhodidnotreceiveordersyearsagoareanxioustotakeordersandmakemoneytosupportthepeoplebehindthem.
The company has something to say
Boss A
The person in charge of a weaving company that specializes in satin said that the current orders we have are only enough to last for 5 days. The market was not good at first, so we specially replaced it with new machines at the end of the year to prepare for the new year. Later, we will make some high-end products, but now we can’t even open a factory, and the market this year may not even be as good as last year!
Boss B
The person in charge of another foreign trade company also said with a sad face: “The orders on hand now are all those that were not made a year ago.” Once completed, it can last about 50 days, but the delivery date will definitely not be met. Customers understand this, but they are more worried about whether exports will be blocked!”
The textile market in 2020 is still unclear
Many market participants are not optimistic about this year’s market, believing that the epidemic will have a certain impact on the market. Under the epidemic, all companies have delayed the start of operations, and even if they start operations, it will take more time to stabilize production. And the economy of the entire market may also be weaker than last year, and the demand for clothing may further weaken. However, some fabric bosses are optimistic about this year’s market. A weaving boss who specializes in home textile fabrics said this: “The market may be depressed in the first half of the year, but it may rebound in the second half of the year. In 2003 The same was true during the SARS period, and the market was better in the second half of the year. People in the epidemic areas are more likely to change their clothes and home textiles after the epidemic is over, so there will be a wave of market prices.”
No matter what the market is this year No matter what, the most important thing is to be able to resume work in time, so as to ensure that there are orders to fill. Therefore, the top priority now is for everyone to work together to fight the epidemic, defeat the virus as soon as possible, and get back on track with normal production as soon as possible!
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