Affected by climate factors, the textile market has always shown obvious cyclicality. The months from 6 to 8 are textile During the traditional off-season of the market, the number of orders on the market often drops significantly compared with the previous period.
Although the market popularity has declined, Shengze Textile people have not allowed themselves to be idle and have pursued breakthroughs in various aspects to cope with the more intense competition in the second half of the year.
Intensified competition
Shengze Textile Enterprises actively responded
According to the latest data from the General Administration of Customs of China, in 2023May, my country’s textile and clothing export volume was253.20 billion, a year-on-year decrease of 13.12%.
External demand has declined due to the impact of the international economic environment. Although the advance layout of RCEP and the Belt and Road Initiative has minimized the impact of the decline in exports, it still has a negative impact on the domestic textile market. The impact has been considerable, making the market competition in the domestic textile industry more intense.
Faced with such fierce competition, textile companies in Shengze also showed their talents and adopted different strategies to deal with it.
If a worker wants to do his job well, he must first sharpen his tools. Some textile companies choose to update textile machinery to meet the production and development needs of new products. The person in charge of a chip spinning company in Shengze said: “In the past two years, we have imported the latest spinning, texturing, and packaging equipment from Japan, and established our own proofing room in order to improve our technical level in fabric differentiation and establish Moat.”
Fashion is the consistent pursuit of the textile industry, and Shengze’s fabric companies are no exception. While innovating in technology, they also take the initiative to connect with designer resources. The person in charge of a fabric company said: “Nowadays, downstream customers have more diversified requirements for fabric companies. Therefore, we are constantly strengthening our design capabilities, proactively understanding the latest fashion trends, establishing trend walls, and cooperating with designers and brands. Make fabrics and create sample clothes to adapt to the future development trend of China’s textile industry.”
Seizing the opportunity is an important strategy in the process of doing business. Although it is still summer, many Shengze companies have begun to prepare for the autumn and winter market in advance. Many gallbladder fabric manufacturers said that the recent sales of gallbladder fabrics have been booming because they are preparing for orders from down jacket companies in the next few months. In recent years, with the booming sales of autumn and winter clothing, many brands and traders will choose to stock up in advance when cloth prices are cheaper in the off-season, and place orders earlier.
Massive library replenishment
Textile companies are confident about the future
Although the textile market has gradually entered the off-season recently, judging from the specific data, textile companies are still optimistic about the market situation in the second half of the year.
This Wednesday (6month14 day), the average daily production and sales of the polyester factory reached 386.5%, reached the highest peak during the year. The average production and sales during the week also reached 109%, an increase of 59% from last week. Weaving companies have replenished goods in large quantities to prepare sufficient ammunition for the next production and operation. It can also be seen from the side that textile companies are full of confidence in the future market.
In terms of operating rates, due to the reduction in the number of orders, some weaving companies have chosen to reduce the operating rates of looms. According to the startup rate of sample companies monitored by Silkdu.com, the current startup rate of local manufacturers remains at 70 %, slightlydown compared with the previous period.
In terms of inventory, according to the current data monitored by Silkdu.com, the inventory this week is 35.5days higher than last week. There has been an increase. The summer fabric order boom represented by imitation silk has gradually passed, and the peak of autumn and winter orders has not yet arrived. The orders on the market are mainly small orders, and the number of large orders is small.��Inventories of weaving enterprises are gradually accumulating.
</p
