This year’s “Golden Nine and Silver Ten” years are much duller than in previous years. In this unenthusiastic market environment, textile bosses can only hold back tears and struggle to support themselves. And under such circumstances, the elastic satin actually made the workers of this factory busy and dizzy.
Factory manager Xiao Lin said: “More than 50% of the machines in the factory are rushing to make cloth. Elastic satin, send it away as soon as it’s made!”
The editor continued to learn that this order came from an old customer, and this time he also placed a relatively large quantity. . This factory does not have much inventory, and things with spandex cannot be stored for a long time. They are shipped as soon as they are made. In addition, the number of machines in the factory that produces elastic satin is only a few hundred, and now the goods are shipped. The quantity increased sharply, resulting in shortage of supply in the factory and busy workers.
Overseas demand has risen. The price of elastic satin fluctuates and rises
Elastic satin is made of polyester, but it is also injected with spandex silk fabric, and also uses satin weave. Interwoven on air-jet looms. The characteristics of elastic satin fabric are that it is elastic and feels good. It has high applicability from clothing to home. Generally speaking, stretch satin is a spring and summer fabric. Why are you placing large orders now? Now is the peak season for autumn and winter fabrics. It is still unknown whether this year will be a warm or cold winter. There have been cases of orders being overdrawn in advance. Could this be a sign that orders are overdrawn again? However, there are a lot of elastic satin exports for home clothing. Now is a good time for elastic satin to be popular abroad. Although the epidemic abroad has not yet been controlled and sea freight is extremely high, overseas demand is still large, and home clothing is more popular. welcome. Judging from the market monitoring data of China Silk City Network, the price of elastic satin has fluctuated since the third quarter and then gradually dropped. After reaching the quarterly peak in August, it reached the lowest price line of this year in September.
The overall price trend is in a downward trend, but this year’s orders are overdrawn in advance, cost-side prices fluctuate greatly, and sluggish downstream demand accounts for a large part of the reasons.
The destocking is obvious, and the start of construction may be affected by the downstream demand side
However, we can also see that after entering September, with the upgrade of textile “dual control”, elastic satin is gradually experiencing an upward trend. The implementation of the measures will definitely have positive aspects for the destocking of weaving enterprises in the short term.
According to the data monitoring of China Silk City Network, the current inventory of enterprises has dropped to the lowest level since July, and there will be a gradual downward trend in the future. But in the long run, raw materials are generally rising. If terminal demand continues to be poor, it will also be a problem for companies with few orders. After all, many bosses are bluntly not optimistic about the market outlook.
As shown in the picture, since Since the implementation of “dual control” in Jiangsu and Zhejiang, the operating rate of looms has been at a low level. It is understood that many factories have stopped working. For weaving factories with high inventory, they can still sell their inventory. For some factories with little inventory, they can only It could be that the order is delayed, there is no other way. However, due to shrinking profits, it is difficult to boost demand in the downstream market. Even after the shutdown, the weaving operating rate will still rise slowly. However, the current export transportation turnaround time is getting longer, costs are increasing, and overseas orders for textile and clothing have begun to shrink again. With the advent of Christmas and e-commerce activities in the second half of the year, perhaps the demand pressure can be alleviated to some extent.
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