Recently, there are some rumors circulating in the textile circle: there are no orders, the inventory is full, and the owner of the weaving factory plans to take a summer vacation…
Today’s textile market can no longer be described in light words. The mood of the textile boss has also changed from “cool” to “completely cool”. The market is so bleak. Is the textile market really in decline?
“Ragged cloth” polyester taffeta and pongee are no longer hot-selling
Last week, the China Silk City Network purchasing and editing center team went deep into the textile market , found that gray fabrics such as polyester taffeta and pongee are no longer hot-selling. For example, 190T, 210T polyester taffeta, 300T polyester pongee, etc. have all seen price drops. It is difficult to see the “hard-to-find” fabric last year. “It’s a day of “making money every day”. The main reason is that peripheral production capacity has expanded too fast and the quantity of gray fabrics has exceeded demand. As a result, the inventory of these gray fabrics has been too high and cannot be sold. The prices have fallen and profits have also declined. Boss Bu’s life is difficult.
You can go back to two or three years ago, polyester taffeta, spring These gray fabrics of Yafang are called “bad cloth” and have always relied on sales to maintain profits. If you want to make a fortune from polyester taffeta and pongee, it was unrealistic at that time. Therefore, many cloth bosses gave up. He got rid of the “rag cloth” and began to switch to other fields. This also leads to the fact that there are not many manufacturers of “bad cloth” on the market. In 2017, water-jet looms began to be eliminated, and the production capacity of these conventional gray fabrics was suddenly reduced. The market was in short supply. This gave the “bad fabrics” polyester taffeta and pongee a brief spring. In fact, looking at it this way, polyester taffeta and pongee have just returned to the path of “bad cloth”. This is also the result of the market returning to rationality.
In fact, there are more than just “bad cloths such as polyester taffeta and pongee” “There has been a decline in orders, and even nylon silk fabrics, imitation memories, etc. are not easy to sell. This year, the overall market environment is not prosperous enough, and it is normal for manufacturers and traders to have difficulty selling goods.
The clothing market needs a period of adjustment
Let’s look at the terminal clothing market. According to data released by the National Bureau of Statistics, in April, in society Although the total retail sales of consumer goods increased by 7.2% in nominal terms year-on-year, and the retail sales of consumer goods by units above designated size increased by 2.0%, consumption of clothing, shoes, hats, and knitted textiles fell by 1.1% year-on-year. This is the first time in 10 years that there has been negative growth.
Some retail sources said that China’s clothing industry has gone through a golden period for more than 15 years, and prices have also skyrocketed. The editor really feels the same way about this! Every time I go in and see the price of the tag being two or three thousand, I am scared off. Now, the clothing market has begun to enter a period of adjustment. The editor believes that this is also a normal phenomenon. An industry cannot always be so popular, and it needs a period of time to calm down. .
Terminal demand is decreasing, which will inevitably lead to a decline in the prosperity of the textile market Decreasing orders, declining profits are also expected, and textile workers need to correct their mentality. Don’t be too pessimistic!
Will the market get better?
What textile people want to know most urgently now is whether the market will get better? The editor also asked many Boss Bu, but no one could answer this question well. In the future, if China’s textile exports are blocked and the domestic market development is not as ideal as imagined, it will have a great impact on the entire industrial chain to a large extent. Garment factories do not purchase fabrics when they cannot receive orders, which will further lead to an increase in the inventory of chemical fiber products and a decrease in prices. In addition, the current situation of overcapacity in the fabric market is still severe, and the situation of factories is not optimistic. In the future, perhaps the textile industry will experience the pain of “capacity reduction”! But as long as we get through this period, I believe the textile market will take on a completely new look!
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