The textile industry is increasing the number of holiday time in advance

This year's textile market has left many weaving factories Mired in inventory difficulties, and it is reasonable to reduce inventory by stopping production. As early as the beginning of November, some enterprises in the market revealed their plans to have a holiday soon. Recently, the order volume of weaving enterprises is not as good as in previous years, and the factory's production enthusiasm is not high, showing a downward trend.

Recently, it is widely rumored in the market that the textile industry will have an early holiday, and more and more factories will have a holiday in December, which means that this year's market is basically over. Although there are still opportunities to make up and double orders in the following "Double Twelfth", the extremely high return rate of e-commerce leads to new inventory of clothing.

An elastic fabric enterprise said that the overall order volume during this year's "Double 11" is not as good as in previous years, and the order of "Christmas season" is also "shrinking" a lot. If there is no new order to join, may choose to take the holiday in advance, on the one hand, can effectively control the labor cost expenditure, on the other hand, can arrange the payment earlier.

It is understood that the current fabric price has been high and falling, and the market has been dumping phenomenon. According to a person in charge of a manufacturer specializing in the production of elastic cloth, "Recently the domestic market is too weak, no one wants to sell goods. 100D four bullets 1.6 yuan/meter throw no one wants, the front to sell 2.4-2.5, directly down 0.8 gross can't sell!" Although the boss knew that the sale of goods could not solve the fundamental problem and even put the market into a vicious circle of bad environment, but they were forced by many alternatives and finally went on the sale of goods.

The pandemic has pushed up textile inventories

In the past two years, the textile business has been in trouble. Since nineteen, the collective outbreak of overcapacity and trade friction have depressed the demand, and the market began to decline. In 20 years, the once-in-a-century novel coronavirus epidemic plunged the textile industry into an "abyss", with sharply compressed demand and a large backlog of inventories. In 2013, the overseas epidemic was still severe, and the demand of the whole industry was difficult to recover. In the first half of the year, I experienced the domestic epidemic and the industrial shutdown, which greatly hurt my vitality. At present, although it has recovered, but there is still a large amount of inventory in the market, the textile business is still difficult to do.

Near the end of the year, the enterprise financial gap greatly increased. 'Towards the end of the year, many workers have gone home for vacation, and financial expenses have increased significantly, bringing great pressure to the enterprise,' said a head of a textile company in Henan province. "To cash out" has become the current enterprise's first priority. And the downstream grey cloth, clothing market has entered the long winter, weaving enterprise pressure phenomenon is serious. Many textile mills say that as long as they pay cash, the price can be reduced by 50 to 100 yuan/ton, or even higher.

To sum up, the textile and chemical fiber industry is facing increasing pressure. Enterprises regard destocking as a "life-saving straw" and are willing to cut prices to deal with the problem. In the case of "upstream squeeze, middle stream fight, downstream pressure", the market situation in the short term or difficult to change.

Hai'an County Qinfeng Chemical Fiber Co., Ltd. specializes in production and sales：polypropylene staple fiber, Polyester Staple Fiber, functional polypropylene short fiber, functional polyester staple fiber, hydrophilic polyester staple fiber,  polypropylene, PP staple fiber, polyester staple fiber.