The Tomb Sweeping Day holiday seems to have just passed, and the May Day Labor Day is just around the corner. The topic of holidays has also been accompanied by the textile market under the epidemic. Many textile bosses have not received orders in Jin, San, Yin and Si. The bleak market has made some let Some textile bosses just moved from Qingming Festival to Labor Day…
We have no choice but to take a vacation…
“The market situation is sluggish this year. I know several smaller weaving manufacturers that have been on holiday since the Qingming Festival and are still shutting down. It really has been suspended from Qingming Festival to May Day.” A textile manufacturer specializing in imitation silk The boss said.
The epidemic has caused the demand, which was already decreasing year by year, to drop even more rapidly. The isolation at home has caused a sharp decline in the demand for clothing. The epidemic has repeatedly made the gold, three and silver seasons, which should have been the peak season, particularly deserted since February. Textile bosses have taken over The order situation is not good. It is indeed very difficult for many smaller textile owners without orders. They cannot have too much inventory, otherwise it will be difficult to circulate funds. Suspending work and taking holidays may be their best choice.
Our vacation is forced!
Of course, not all textile bosses are so struggling under the pressure of the epidemic, and a few weaving manufacturers are even forced to take holidays.
“I don’t know why, but the orders in our factory this year have been surprisingly good. Basically, we can ship out a truckload of goods every day, and the orders have been coming in continuously. However, we also have the May Day holiday, so we originally thought about not rushing in to rush the orders, but we were afraid that we would be caught. “Although there are orders now, the profit situation is not very good, so we will leave it for three and a half days,” said a textile boss with 400 looms.
Although demand has decreased due to the epidemic, it does not mean that demand has disappeared. In March, some textile bosses said that the order situation of manufacturers was still relatively good, but it was just because the price of fabrics has been at a low level in recent years. Some fabrics The price is even lower than the cost. As a result, the textile boss has orders on hand, but the profit is very low, and some orders may even result in losses.
However, having orders is better than having no orders at all. Only when the factory is in operation can we have confidence in future development.
Severe polarization!
Judging from the situation expressed by the above two textile bosses, the phenomenon of polarization in the textile market is very serious. Some weaving manufacturers that have been in the textile circle for a long time, have a fixed source of customers and have their own characteristics have indeed been able to gain more in adversity. There is a good order volume, but those weaving manufacturers with a single variety and small scale have become cannon fodder during the epidemic.
This is indeed the case. There are thousands of textile companies in Jiangsu and Zhejiang. Even in the peak season, it is impossible for all textile bosses to accept orders, let alone in a special period like this. There must be weaving manufacturers who have no orders to weave.
Seeing that May is coming soon, the three gold, three and silver seasons are completely over. Many textile bosses are still complaining that this year’s peak season is the worst in recent years. Now that the epidemic has not been defeated, when will this season end? This battle is still unknown. It is probably difficult for the textile market to usher in the peak season in the first half of the year. Some orders may be placed in May, but as the weather gets hotter, the real off-season will come. It will become more difficult for people with fewer textiles to move forward, and the days to come will become even more difficult.
However, no one can predict the future accurately, and of course it cannot be ruled out that the off-season will not be slow, so we still have to have confidence in the market and there may be unexpected surprises!
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