According to feedback from textile enterprises in Jiangsu, Zhejiang, Hebei and Shandong, high inventory and low flow are the characteristics of the current textile market.
A yarn mill in Zhengzhou, Henan Province mainly produces siro spinning yarns of 40S and below. The current inventory is as high as more than 30 days. The company decided to have a holiday on December 20, but all sales teams continue to be on duty and insist on destocking. Many companies have also formulated clear incentive measures and even increased sales commissions by 50%. The person in charge of a textile company in Shijiazhuang, Hebei Province said that now the prevention and control policies are being loosened, and they are sparing no effort to contact old customers and can deliver goods to their homes if conditions permit.
It is understood that some companies have fewer orders in the second half of this year. In order to retain workers and insist on maintaining operations, yarn inventories continue to rise. It is also difficult for downstream weaving companies, and the holiday date is earlier than that of upstream companies. .
On December 4, the person in charge of a company in Nantong, Jiangsu Province said that most local printing and dyeing companies will be on holiday from December until after the Spring Festival next year. Some companies will also start their holidays in November, and the resumption time is to be determined. . This is the longest holiday season in local history. In previous years, November-December was the busiest time for printing and dyeing companies in various places, but this year it was deserted.
According to reports, the recent gray fabric market has been generally stable, but manufacturers generally report that there are no orders and inventories are rising rapidly. On December 4, the person in charge of a factory in Yancheng, Zhejiang Province said that the current price of 10S denim is 8.85 yuan/meter, which is the same as the previous week; the price of 32S twill is 4.42 yuan/meter, which is stable compared with the previous week. However, the inventory of local companies has been as high as 12-13 days, and some have exceeded 20 days. Weaving companies are overwhelmed by the burden, so taking holidays in advance to concentrate on destocking has become the only option.
From the perspective of the entire industry chain, the characteristics of the yarn market are high inventories, falling yarn prices, no profits for enterprises, and high financial pressure; although prices in the weaving industry are stable, there is no consumption downstream, and life is getting worse. difficult. Therefore, it is not easy for textile mills to effectively destock. </p
