In mid-January, most weaving factories have entered holiday mode, some printing and dyeing factories have also gone on holiday, and the market is about to close. However, some factories are still busy rushing to deliver goods, and workers stick to their posts. The holiday situation at the end of the year also reflects the current market situation from the side, which is still uneven.
After the market ushered in a small wave of market conditions in December, many orders were placed for shipment before the Spring Festival. Manufacturers have significantly reduced their inventory, so they are more motivated to produce. Weaving factories have been on holiday since the end of December, and the operating rate has been reduced. According to data monitoring from China Silk City Network, the current operating rate of water-jet and air-jet looms in Shengze is over 70%.
Some weaving manufacturers are still on holiday and are at full capacity to rush orders!
Manager Weng, who has been engaged in the weaving industry for more than ten years, said: “Our factory is preparing to have a holiday on January 15th. Most of the factory employees are old employees who abide by the rules and stick to their posts. Only Two workers in remote hometowns went home early on New Year’s Day. The machines are now fully operational and are still producing at full capacity.”
Another cloth boss, Mr. Yang, also said: “The factory will be in full production in January. There is a holiday on the 15th, which is basically the last holiday time. There is still work in the factory, and the workers have not gone home and are guarding the last shift.
Most of the weaving manufacturers that have not taken a holiday are because they have on hand There are many orders that have not yet been completed, so the holiday is late. Most of the orders currently produced by manufacturers are for next year, and the order volume is slightly considerable. The boss who has already taken the holiday said that this year’s holiday is slightly earlier than in previous years. On the one hand, the number of non-local workers On the other hand, I am anxious to go home. On the other hand, the order on hand has come to an end.
Weaving manufacturers have early and late holidays, which are very different!
It is understood that after New Year’s Day, Most of the orders produced by weaving manufacturers are for next year’s stocking. These goods are gray fabrics prepared in advance by the fabric merchants who made the orders according to the needs of customers, so that they can be dyed directly after the printing and dyeing factories start operations after the year. Basically, there are no single types of gray fabrics like those in the market. It needs to be placed in advance, and many manufacturers have stocks.
Mr. Weng also told the editor that what is being knitted now are orders placed by old customers for dyeing next year, and they will be needed after work next year, so Try to help him out before the end of the year. In addition, some companies have a lot of orders at the end of the year and are tight on delivery time, so they are eager to recruit temporary workers to help.
But The situation of some weaving manufacturers is quite different. Due to the sudden drop in orders, some companies are unable to maintain normal production of the factory and have an early holiday! The holiday period is from December 1, 2019 to March 1, 2020, a full three months. It can be said that It’s the longest holiday!
It is not just the market polarization at the end of the year. In fact, such problems exist throughout 2019. The main focus is on receiving orders. Weaving manufacturers are optimistic about their order quantities, but manufacturers that mainly sell market goods have average sales and large inventories.
The traditional peak season ends like a flash in the pan, and the peak season is always slow. During the peak season, fabrics led by T400 and T800 series perform brilliantly in the market, while other products perform mediocrely, with obvious polarization. The off-season lasts for a long time, the homogeneous market competition is fierce, and the price of gray fabrics is also stable and weakening. During the e-commerce season, the overall atmosphere improved slightly, but the performance of market products was mixed.
Mr. Weng also revealed that there are not many orders this year. As long as you are willing to lower the price, there will be no shortage of orders. After all, the factory is more than ten years old and has many old customers and enough orders. However, this year’s prices are low and profits are low. Like some conventional gray fabrics, sometimes they have to be sold at low prices in order to reduce inventory.
The irony is that some companies with high inventories, in order to reduce inventory and withdraw funds, sell gray fabrics at a loss. The price is not the lowest, you can only imagine! This has also disrupted the gray fabric market. The volume and price of many gray fabrics have dropped, and prices have been chaotic, forcing some manufacturers who are not short of orders to cut prices. This is the impact of market polarization and a collective reduction in market profits. </p
