There is less than a week left in 2016! There is less than a month left until New Year’s Eve 2016! For the textile industry, these days are really chaotic! Some weaving manufacturers looked at the rising prices of raw materials at the end of the year and showed a sense of helplessness; although some weaving manufacturers still had orders on hand, they also showed a sense of bewilderment in the face of year-end benefits…
Recently, some weaving companies have issued holiday notices: the company has decided to start production from the New Year’s Day holiday to February 10, 2017!
Is this a way for companies to take holidays early and go home to celebrate the New Year? Is this just an example or does it represent a general trend? To this end, China Silk City Network randomly selected 150 sample companies in the market and conducted relevant questionnaire surveys:
The survey shows that most weaving manufacturers choose to take holidays in mid-to-early January, while trading companies tentatively set the holiday date in mid-to-late January. In addition, it is reported that many dyeing factories this year have postponed their holiday plans to mid-January due to better business than the same period last year. According to convention, the holidays of weaving manufacturers will be later than those of dyeing factories. Therefore, overall, the holiday plans of weaving manufacturers this year are Compared with previous years, it was delayed by about a week. “At present, our dyeing factory has also ushered in a small peak year ago. Among them, there are many rush orders and replenishment orders. Many customers are still squatting and urging us to ship goods as soon as possible.” said a staff member of a dyeing factory in Wujiang area.
In the fourth quarter, the order volume of the entire weaving market in Jiangsu and Zhejiang increased significantly compared with the same period of the year. Therefore, the peak season of dyeing factories was also extended year-on-year. In late December, the market was basically dominated by replenishment orders and lofting, and new orders near the end of the year Based on the basic arrangements for operations after the year, in terms of prices, the price reduction predicted by everyone before the year did not occur. Instead, prices rose slightly with the help of raw materials, especially conventional varieties. Boosted by frequent increases in raw materials, Some customers also have the idea of stocking up before the year, but they are more rigorous in price selection than in previous years. “Now that the price of gray fabrics has increased, some old customers have repeatedly compared prices with us and are reluctant to place orders.” said Mr. Ma from Yuanming Commercial District in Shengze.
At present, there are mostly stretch fabrics and medium-thick fabrics on the market, and dyeing factories are also busy with shipments. Entering the final sprint stage, most of the market is rushing orders or making up orders. Many customers start to go to the dyeing factories to rush the goods as soon as they place an order. I hope Get your orders out before the holidays. In addition, the number of orders received by weaving manufacturers has dropped significantly compared with the previous period, and the enthusiasm of some water spray manufacturers has begun to weaken, and the focus of work has shifted to payment collection and clearance.
“Judging from the current volume of orders, the market next year will not be much worse, especially for stretch fabrics. Most of them come to our dyeing factory for proofing and ordering,” said the owner of a dyeing factory in Shengze. We can also see from the year-end market survey questionnaire of China Silk City Network that less than 50% of companies believe that the market trend will get better next year, while about 40% of companies believe that there will be little change, and only about 14% of companies feel that The market is still not improving, and the market is still on the trend of weakening. Therefore, we can see that, boosted by the market in the fourth quarter of this year, most textile companies are optimistic about the market trend in 2017. In the same period last year, we also conducted relevant questionnaire surveys. However, most textile companies initially had poor expectations for the market outlook and believed that the recovery of the textile industry still has a long way to go under the premise of a poor general environment.
But facts have proven that this year’s textile market is showing signs of recovery, especially after the G20 summit. Weaving manufacturers have seen no matter from the start-up situation (the current average start-up rate in Jiangsu and Zhejiang is 70%, a year-on-year increase of 10%) or inventory (currently in Shengze area Gray fabric weaving inventory is around 32 days, down 7-10 days year-on-year). The situation is better than the same period last year, which to a certain extent also boosts textile people’s confidence in the market outlook.
Although many fabric bosses are still struggling with whether to protect customers or profits, in this painful and happy market, many weaving bosses still choose to take orders and produce. Boosted by this, the textile industry in 2016 Corporate holidays come later than in previous years, perhaps the spring of the textile industry is already on the way!
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