No one is interested in low-priced inventory, but new grey fabrics are looted when they are off the machine! Weaver’s helplessness: when will the inventory be cleared?
After a cruel and long off-season, the market ushered in the traditional peak season “Golden Nine”, and demand finally recovered. But the real situation does not seem to be the case. The more conventional products such as pongee, polyester taffeta, nylon spinning, and imitation silk are still weak, and the phenomenon of selling goods still exists.
In fact, although the market has entered the traditional peak season, demand is indeed recovering, but the market in September seems to have declined compared to August. Since the beginning of August, market demand has continued to improve, elastic products have detonated the market, and the arrival of market goods has all explained the recovery of the market.
However, by the end of August and the beginning of September, this momentum was not strong enough to move forward, and even partially declined. According to reports from some dyeing factories, the volume of warehouse receipts in September decreased by about 1/3 compared with August, changing from being crowded and busy to idle. Traders’ orders were not as expected. Most of the orders in September did not start, and there were not many samples. The weakness of the market, for some weaving companies, the improvement of the amount of inventory is minimal, the inventory backlog is a very headache, and the selling is also a last resort.
There are indeed many orders on the market, and orders of tens of thousands and hundreds of thousands of meters have become common. But if you study each order carefully, you will find that most of the current orders are made by the weaving factory. They are all new products that are not available in the market at all or niche fabrics that have no inventory, and some products with large stocks in the conventional market seem to be ignored and eliminated by the textile and apparel market.
“We did not receive orders for more than 100,000 meters from the beginning of this year to August, but recently the foreign trade market has improved. One of our foreign trade customers placed orders for more than 400,000 meters of four-way stretch. But this fabric is not available in the market. We need to find a weaving factory to weave. Because the quantity is relatively large and the delivery time is relatively tight, we found three weaving factories to catch up the goods at a time.”
“Our market prices in the previous month were not good at all, but orders began to come down one after another starting this month. But these orders are basically no conventional products, and we can only find other weaving factories to order.”
“We are now making a polyester stretch fabric, the quantity is about 10,000 meters. It costs more than 15 yuan per meter of grey cloth, and we need to weave it.”
The inventory quantity and the selling situation of grey fabrics of each specification are different. In addition to market demand and factory production factors, they are also affected by the current price confusion in the grey fabric market. Take 190T polyester taffeta as an example. At present, the price of 72g and 78g grey fabrics on the market is the same. In previous years, the price difference between the two should be 0.1 yuan/meter.
At the same time, a large number of inventory products on the market cannot be sold, which means that these products have lost market demand and are no longer “loved” by the market. While the downstream demand side’s interest in certain grey fabrics has declined, it is also an increase in interest in other categories. It is said that conventional fabric orders have been transferred to some unconventional fabrics, or fabrics that can be woven and customized.
It can be said that the current market demand may eliminate some grey fabrics, and even weaving companies that rely on these grey fabrics for their livelihoods may also be eliminated! Therefore, in the post-epidemic era, how to keep up with market demand and achieve a flexible and quick return is a test faced by all weaving companies.
Post time: Nov-01-2020