Since the Sino-US trade friction, the situation faced by my country’s textile industry has become more complex and severe. Under the interweaving of various unstable and uncertain factors, the textile industry has encountered unprecedented challenges.
Although Trump announced that the tax on clothing may be suspended for three months, this rapidly changing international environment has made textile people go back on Trump’s words. I feel tired and confused about the future of the textile industry.
It is reported that many foreign traders have switched to domestic sales this year
This year The topic in the textile industry all revolves around inventory. According to data monitored by China Silk City Network, the inventory of weaving manufacturers is currently about 43 days. How to digest these high-level gray fabrics has become the top priority for textile bosses. Compared with physical factories, traders seem to be more flexible. They do not have such a high inventory of gray fabrics and do not have so many workers to support.
According to the editor, many foreign traders in the market have switched to domestic sales this year. Due to Trump’s backbiting, Many foreign traders have suffered greatly. According to a trader who sells printed fabrics, “We originally negotiated a good deal, but in May, Trump suddenly imposed tariffs. The negotiations with customers were inconsistent, and it was impossible to do a loss-making business.” , this order is gone. Now we have basically stopped doing foreign trade, and the domestic sales volume can barely maintain the basic expenses.”
From the perspective of relevant data, according to the National Bureau of Statistics, in the first half of the year, National retail sales of clothing, shoes, hats, and knitted textiles above designated size were 656 billion yuan, a year-on-year increase of 3%. The growth rate slowed down by 6.2 and 0.3 percentage points from the same period last year and the first quarter of this year respectively; the national online retail sales of clothing products year-on-year The growth rate was 21.4%, which was 2.7 percentage points slower than the same period last year, but 2.3 percentage points faster than the first quarter of this year, and has returned to a relatively high growth level of more than 20% since April.
Although the domestic market is still growing steadily, the total of these sales does not seem to be able to offset the market’s “overcapacity”. The cake in the domestic market is so small to begin with, and now even foreign trade traders Come and get a share of the pie, do you still deserve this piece of cake? According to a domestic trader, his company’s order volume fell by 30% in the first half of this year. No wonder more and more domestic traders said this year that business is getting harder and harder to do.
Golden Nine and Silver Ten are coming soon, can cloth prices rise?
It is currently in mid-August, and there is still about half a month before the “Golden Nine”. Textile people are looking forward to the arrival of the Golden Nine and Silver Ten, although there are many in the market. The boss doesn’t have high expectations for the Golden Nine and Silver Ten events, but the editor believes that the “Golden Nine and Silver Ten” events will still come as scheduled, but they won’t be as popular as the previous two years.
Due to the market situation this year, the off-season has arrived half a month earlier than before. Textile bosses saw the piles of gray fabrics getting higher and higher in the warehouse and had to reduce prices and sell goods. Some bosses said that this piece of cloth Last year the profit was 1 cent, but this year I will do it if you give me 7 cents! Even if you sell at a loss, the main reason is that you don’t have enough funds on hand and you still have to pay the workers! Another boss who makes slub fabrics also said: “Our fabric prices have dropped by an average of about 2 cents compared with the beginning of the year.”
But this trend will not last long. Once there is an increase, If there are signs of rising prices, Boss Bu will not sit still and wait for death. After all, no one wants to do a loss-making business. Now from the market point of view, autumn and winter fabrics have begun to pick up slightly, especially stretch fabrics, such as four-way stretch, T400, T800, etc. There are currently a lot of people looking for samples. Although this year’s Gold, Nine and Silver Ten will not make the boss a lot of money, the phenomenon of selling goods at low prices may be greatly reduced.
Editor’s Note
We have reached a very delicate point in time. The Trump administration has decided to postpone the increase in tariffs, which is far from the traditional peak season. There is still half a month left, and perhaps many orders will be placed in advance. Can this help the “Golden Nine and Silver Ten”? The market outlook also needs to pay attention to the proofing of autumn and winter fabrics and the placement of orders. At the same time, we cannot ignore factors such as the current poor environment, overcapacity, and a more complex external environment. Fabric bosses need to look at this year’s “Golden Nine and Silver Ten” more rationally!
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