Recently, there is a piece of dumbfounding news in the market. The chairman of a listed textile company was addicted to King of Glory and played games during working hours. It won the title of “Cai Wenji in the National Server”, but at the same time the company’s performance also declined, and it eventually lost more than 10 million. No wonder some netizens complained that they were addicted to games and had ruined the company.
This news made the editor inexplicably emotional. On the one hand, it was because of the thought of I am very good at the King of Glory technology and I have been stuck in a rank that I can’t get up through diamonds. On the other hand, I thought about some of the current situations in the textile market that I have seen recently.
It’s not about playing games,but this year It’s really hard to describe the market situation
During the visit to the market, the editor often saw some textile workers drinking tea, chatting, playing cards, and playing games in the sales department. Playing games and watching TV shows, this is a phenomenon I have never encountered in the past two years. Unlike the CEOs of listed companies mentioned above who put down the company’s normal production and operations to play games, the editor once talked to them. There really are not that many jobs in the market now, and they can’t do it even if they want to.
This year’s textile market is really difficult to describe.
The price of polyester raw materials has been falling, and the price of PTA even fell below 4,700 yuan/ton when it was the lowest. ;
The renovation of water-jet looms has led to a substantial increase in production capacity, and the production capacity of conventional gray fabrics has increased significantly;
Sino-US trade frictions, a cold foreign trade environment, textiles Exports have suffered a huge blow, and market demand has even shrunk compared to the previous two years; weaving companies have suffered from huge inventory pressure on gray fabrics, and clothing companies have suffered from huge sales pressure.
If you ask textile people to use a few adjectives to summarize this year’s market, everyone can think of nothing more than “poor”, “fall”, “inventory”, “sold goods”, etc. Negative words, in short, you are unlikely to hear anything good.
The time is approaching December, and 2019 is about to come to an end . For textile companies, there has been a saying in previous years that “the end of the year is sad”. In this year’s difficult-to-explain market situation, we may encounter some things that were difficult to foresee in the past, and textile people need to prepare in advance.
Setting up stalls and selling clothes starts now !
This year’s debt situation is not optimistic
Walking in the market two days ago, the editor saw that some sales departments were already in the store. Down jackets and cotton-padded jackets were put up at the door and started to be sold. When I went over and asked, it turned out that they were brought back because of debt repayments.
It is not new for clothing companies to be unable to pay for goods at the end of the year and end up using clothing to pay off debts. However, In the past, we would start one after another when the Chinese New Year is approaching, but now it is only December and it has not yet arrived.
In the process of chatting with enterprises, the editor judged that the debt problem of textile enterprises may become very serious at the end of this year.
Manager Xu, the person in charge of a textile trader, said that the market situation this year is not good, and the billing period of three months in the past has now become 4, 5 months or even longer. Some customers When funds are tight, they may even choose to default on their debts. Manager Xu said that those customers who defaulted on their debts have been working with him for many years. This year they chose to default on their debts because the downstream clothing brands did not transfer the payment. In fact, they did not have any money on hand.
In addition, there is another phenomenon in the market currently that downstream customers are Returns due to “unfounded quality issues”. As we all know, the fabric industry has its own particularities. Even fabrics dyed with the same technique at different times in the same dyeing factory may have some subtle differences in the final product. Some of these subtle differences are difficult to distinguish even with the naked eye and do not constitute a quality problem at all.
But these ambiguities have become the reasons for downstream manufacturers to return products in some cases this year. If you think about it carefully, it’s just that they don’t want this batch of goods for some reason. In this way, the financial pressure is transferred upstream.
Considering the news that big brands in the clothing industry such as La Chapelle and Heilan House have encountered difficulties in their operations that went viral on the Internet some time ago, there are problems with terminal sales. The upstream gray fabrics The market will naturally be affected.
Therefore, for textile workers who have debts abroad, the “debt collection journey” at the end of this year will most likely be more difficult than the previous two years, and textile workers need to prepare early.
Weaving The company is operating at a loss. The holidays at the end of this year may be brought forward
Recently there is news on the Internet that a certain weaving factory chose to start on December 5 because of operating at a loss. Discontinued, sad.
For this reason, the editor found a textile factory After chatting with a friend, he asked him about the factory holidays at the end of this year. His answer was as expected.
He said that if he could, he would do it now I want to take a holiday, but unfortunately I can’t, so they will definitely take the holiday earlier at the end of this year.
In July and August this year, many weaving companies chose to suspend production for a period of time due to inventory pressure. To a certain extent, the social inventory of conventional products has been reduced (although it is a drop in the bucket).
In the second half of this year, Just like the peak season in the first half of the year ended half a month early, the traditional peak season of “Golden Nine and Silver Ten” has also come to an end in late October, more than ten days earlier than in previous years. Some textile bosses even said that after November, not a single order will be sold. We can no longer receive it. This is a situation that was unimaginable before.
At the end of the year, the inventory pressure on hand of weaving companies has become increasingly severe. To continue production, it will inevitably put pressure on the already fragile The capital chain has caused greater pressure, so it may be a common phenomenon for weaving companies to take holidays early at the end of this year.
Polyester fell by more than 2,000 yuan/ton, but it may not have reached the lowest point yet
The price of polyester raw materials has fallen again and again this year. The price of PTA has fallen to around 4,800 yuan/ton today. The price of polyester filament has also fallen extremely exaggeratedly, falling by more than 2,000 yuan/ton compared with the same period last year.
The reason is insufficient demand from downstream weaving companies Trouble caused. After November, new PTA equipment enters a new round of production. Once weaving companies go on holiday ahead of schedule, polyester production and sales will inevitably decline sharply in a short period of time, which will make the already high polyester factory inventory even worse. If this happens, the price of polyester raw materials may fall further.
For textile people, this year’s market is really hard to describe. I couldn’t get the order, and it was hard to collect the payment, so I had to worry a lot, so I had no choice but to invite a few textile friends to sit together and play games and cards.
The end of the year is approaching. I don’t know how many “moths” such a market will generate. Textile people must be mentally prepared in advance.
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