It’s already mid-November, market orders have almost come to an end, and orders for “Double Eleven” and the Christmas season have basically been completed. Many cloth bosses also said that “this year’s market situation will be like this.” There are less than 2 months left before 2020. What are the bosses busy with now?
Everyone in the textile market: Some people are happy to receive orders, while others are frowning
Recently, a A salesperson from a trading company revealed to the editor: “Recently, we received an order of 600,000 meters of Oxford cloth printing, which is used to make sanitation clothing. Previously, we also received orders of hundreds of thousands of meters of double-sided velvet, mainly Make towels, bath towels, etc.”
In addition to these relatively “niche” products, simulated silk has also begun to slowly come to the forefront recently, “We We can receive orders intermittently every month. At this stage, we mainly focus on cutting flowers. For today’s women, imitation silk can be worn all year round. Furthermore, the feel of today’s imitation silk is not much different from that of real silk. , easier to care for than silk, and cheaper. This year, we are selling pretty well this satin chiffon. We receive orders every month.” said a gray fabric trader in Zhejiang.
Looking at the entire textile industry, manufacturers producing conventional products have fallen to the bottom this year. According to interviews, it is normal for order volumes and profits to be reduced by half year-on-year. Generally speaking, the better products these days are some seasonal products, such as imitation silk, four-way elastic, and some niche products, but most products still perform mediocrely.
Most manufacturers and traders said: “There are no hot-selling products in the second half of this year! There are only relatively easy-to-sell products, and many products are only hot-selling for a while, such as the previously hot-selling T400, King of Glory, etc. , it has only been popular for more than a month, and now it is already deserted.”
Raw materials have fallen to lows, the price of gray fabrics has been cut in half, and the market has reappeared in a wave of selling!
At the end of each year, Boss Bu’s money is always “a little tight”!
On the one hand, it is because the overall market this year is not good, resulting in slow payment from customers. At the end of the year, various loans, workers’ year-end bonuses, etc. need to be paid off. If there is not enough liquidity on the books, it will be difficult to have a good year. In addition, the price of raw materials has been at a low level for the year recently, and the price of cloth has also dropped along with the raw materials. The cloth in stock is becoming less valuable day by day. At this time, many manufacturers choose to sell goods at low prices to ensure sufficient funds.
Judging from the data monitored by China Silk City Network, although market inventory has been declining slightly recently, it is still at a high level of about 37-38 days.
Sales can alleviate the inventory pressure of enterprises. For cloth bosses, seeing more and more cloth in the warehouse, but every meter The profits from cloth are getting less and less, so how can I be so worried? In order to ship goods, many manufacturers will choose to accept orders at low prices or even sell goods. However, in the long run, this will only disturb the market price and plunge the company into a price war. How can there be any profit? In the long run, it is not conducive to the development of the entire textile industry.
Get back the money floating around and get ready for the New Year!
For many cloth bosses, at the end of each year, one thing is even more important than taking orders. To put it simply, it is asking for money. Although this year has not yet reached the end of the year, but Many cloth bosses said that they have already begun to “collect debts.”
Although we have said many times not to sell on credit, the reality is that if you don’t sell on credit, there will be no business. Selling on credit has become a “hidden rule” in the textile industry. Especially this year, when the market conditions are not good, many companies They all rely on credit sales to attract customers.
A company in Shengze said that the weak market this year has led to the slow return of funds from our customers, which to a certain extent has also lengthened our account period. , our current billing period is about 3 months, and some old customers have a longer period. If you encounter a few more bad debts that will never come back, let alone make money. Not losing money is already the greatest blessing among misfortunes.
Editor’s Note
In general, the time is approaching the end of the year, and the polyester market is in deep trouble. Amid the falling sound, PTA, polyester, nylon, etc. have been in a downward channel, and cloth prices have also been continuously compressed due to raw materials. At this stage, Boss Bu is mainly completing the orders on hand, collecting all receivables for this year, and then stocking up at the end of the year in a planned way to prepare for next year’s orders. Some companies revealed that the orders they are currently receivingThey are all for the spring collection in the first half of next year. As for what the market will be like next year? It’s still an unknown number, but I believe that if there is a market, there will be demand. If you want to become a “meat-eating” person, you have to work hard on quality. </p
