In October, affected by power and production restrictions and the “Silver Ten” peak season, the polyester industry chain collectively increased prices, and downstream gray fabrics also followed suit. With the hot sales, especially for autumn and winter fabrics, inventory was once tight, people queued up to get the goods, and prices skyrocketed… But by November, this momentum gradually began to decline.
The price of proud gray fabrics has fallen
In November, the overall market is still “busy”, especially in the low temperature and “Double Ten” for autumn and winter fabrics. The sustainability is better under the influence of “one”. However, shipments of other gray fabrics have shown a clear downward trend, and after resuming production capacity, some manufacturers have begun to accumulate inventory again, with inventories rising slightly. Regardless of whether the gray fabric shipment situation is good or bad, they all have one thing in common: falling prices!
Last month, the market was filled with one after another price increases. This month, it fell every time, especially the price of gray fabrics. The decline is the most obvious and rapid. Although the price of polyester raw materials has also begun to fall, and the weekly sales mode has resumed, the overall price is still high and not as fast as the decline of gray fabrics.
“Because the market suddenly improved last month, the price of polyester raw materials increased significantly. The highest price of 300T pongee reached 2.6 yuan/meter, but now it is only 1.9 yuan/meter.” A textile boss in Shengze area said.
Don’t make nylon silk fabrics if you have a weak heart
Needless to say, nylon silk fabrics are the most undulating gray fabrics. Taking 380T nylon spinning as an example, it rose to 5.2 yuan/meter at its peak in October, but now it has dropped to only 3.8 yuan/meter. Some textile netizens joked that those with a weak heart should never do nylon spinning. This is true.
According to research, the prices of gray fabrics in the current market have almost all dropped to varying degrees, with the normal price range being 0.02-0.05 yuan/meter. , there are also individual varieties that have fallen significantly. Although judging from the decline, the decline of conventional varieties is not much, and polyester filament has also declined, it seems that there is still room for profit. But the actual situation is not the same. Due to the large increase in the early period, weaving manufacturers have returned to the “buy-up” mentality and stocked up a lot of raw materials when polyester yarn first rose in October. So far, before the high-priced raw materials have been consumed, the price of gray fabrics has fallen, so profits have been affected.
The era of high inventory of gray fabrics may come
At present, some gray fabrics are produced with high-priced raw materials. If the price of raw materials continues to fall, If this continues, the inventory will depreciate. In addition, the market comes and goes very quickly, and the price of gray fabrics may continue to depreciate. Fortunately, the overall inventory level of the market is currently at a low level, manufacturers are weak in destocking mentality, and gray fabric prices have temporarily stopped falling. Manufacturers only need to consume high-priced raw materials, and the impact will not be great.
“In fact, we don’t want raw materials to fall too sharply, because the continued price decline of raw materials will cause our inventory to depreciate simultaneously, and our profits The space will not improve because of the decline in raw materials.” Mr. Zeng, who is mainly engaged in pongee textiles, said.
The “Double Eleven” e-commerce season has ended. There are currently 2 months left before the Spring Festival. According to usual practice, there will be a wave of orders placed before the Spring Festival, especially in the foreign trade market. There will be a small climax. However, due to the impact of the epidemic in the past two years, the foreign trade market has been tepid for a long time. Whether it can recover this year is still unknown. Sample data monitored by China Silk City Network shows that the current inventory of gray fabrics in Shengze is about 28.8 days, a slight increase from the previous period. In fact, textile people know very well that if they cannot receive a large number of orders before the Spring Festival, the inventory of gray fabrics will continue to rise. Inventory has always been the weak point of weaving manufacturers. Once the inventory is high, they will eventually be unable to escape the fate of cutting prices and selling goods.
The price of gray fabrics fluctuates so fast. In the final analysis, the fundamental problem of oversupply still exists, and the road to recovery of demand is still long. The excessive inventory of finished products in the terminal clothing sector has not been improved, and the market price comes and goes quickly.
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