Yesterday was the eighth day of the first lunar month, a big day for the textile market to open. On the first day of work, many textile bosses had already received orders, but while receiving the orders, some problems also followed.
“We have received some small orders, but since the workers have not fully returned to work, the machines cannot be operated much. We were originally expected to start work on the twelfth day of the Lunar New Year, but now we can only speed up the start of work. There are as many workers as possible, but if it doesn’t work, we can do it ourselves. “A textile boss said.
Workers who return to their hometowns for the New Year will not return to work until the 15th day of the Lunar New Year. In addition, many workers have not yet arrived for the early New Year this year. Although the textile market has resumed work, the operating rate is still at a low level, at least until the 10th day of the Lunar New Year. Slowly recovering, it is difficult to complete orders in a short time after receiving orders at this time. Although it is still at the end of January, I am not in a hurry, but some customers have tight delivery deadlines, so they can only rush to produce them.
In fact, many textile bosses and editors have said that the original start time of work will be moved forward. Sales department employees who originally went to work on the 12th day of the lunar month have also been told to go to work on the 10th day of the lunar month.
Is the “good start” coming?
Judging from the current situation and the situation two years ago, this year’s market seems to be promising. “The customer just placed an order for 55,000 meters of water spray products. Some orders that were not produced in time before the year have been postponed to the end of the year. Now basically The rows are full, and the looms should be in full operation at the back,” said the textile boss.
Although many manufacturers have delayed the start-up time this year, most of them are because workers have not yet arrived. In fact, they already have orders on hand and are ready for production. With the policy liberalization, demand is picking up. Assuming the arrival of Golden Three, there will be a wave of warm-up starting from mid-February. Orders are no longer a luxury, and textile bosses will be extremely busy.
But this is only the best prediction at present. The decline in demand in recent years is not entirely due to the impact of the epidemic. The textile market has overcapacity and many manufacturers cannot produce specialty products. They rely on the support of old customers to win on price. Under today’s general environment, it is difficult to place orders continuously, so even if there is a peak season, it is impossible to get even rain and dew, and there will still be polarized performance.
The days are still long and the water flows slowly
Now it seems that the start of the new year is indeed a bit of a good start, but the market has just begun and it is still difficult to judge what will happen next. Demand, cost, inventory…all aspects will affect the improvement of the market, and if you are not careful, it will be worse. Fall into the abyss.
According to the local inventory days monitored by Silkdu.com, it is still at a relatively high level. Although a wave of inventory digestion at the end of the year has reduced the inventory to about 35.8 days, once the factory resumes normal production, the inventory will soon rise. If you don’t sell it in time, you will accidentally run out of money. Excessive inventory will naturally lead to greater pressure. After experiencing the lessons of selling goods at low prices due to excess inventory in the past two years, I believe textile people will not stumble here, and would rather run fewer machines than blindly produce.
On the whole, opportunities and challenges will coexist in 2023. Although the market has begun, it is still in a semi-stagnant state. Whether there will be a “Red February” in the textile market will have to wait until after the Lantern Festival before the real market recovery can be seen.
Finally, the new year is coming. No matter how many difficulties this year brings, the motivation of textile people will not be reduced! The editor hereby wishes you all a prosperous career, a skyrocketing salary, good luck, and good luck in the new year!
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