Watch carefully! Just now, CCTV Financial News: From November 27th to 29th, the strongest cold wave since this winter will continue to affect our country. Most areas will experience severe cooling, and the minimum temperature line of 0℃ will cross the Yangtze River. There is heavy rainfall in Jiangnan. Is the cold weather that textile people have been waiting for finally coming?
Temperature has a great impact on the textile industry. Last Friday, I went to chat with a boss. The boss even joked: “I wear a suit and a lining and it’s still low in November.” I’m sweating and want to wait for the cold weather to come before I can see the hope of repaying my order.”
Down jacket fabrics are waiting for the cold weather
The term “cold winter” has been circulating since October, mainly because this summer is extremely hot, so some people always think that the cold winter is gone this year, but God is reluctant to let us catch the cold, and the weather has been hovering around 20 degrees. Now, a textile boss saw that the “cold wave” has finally moved south, and excitedly posted on WeChat Moments, expressing that he saw hope!
When the weather cooled down a little in October this year, the entire textile market took notice. Many orders for nylon fabrics were placed one after another. The market had a peak season color that had not been seen for a few days. However, as the temperature rose again, such scenes disappeared altogether. In previous years, if it was said that there were orders due to the “cold winter”, the editor might think it was a lot of hype, but with this year’s market, any slight changes will become a trend.
Cold winter may no longer be a guess
The latest monitoring results from the National Climate Center show that the ongoing La Niña event is expected to continue into the winter of 2022/2023 and may reach moderate intensity standards. This will be the first “triple” La Niña event in the 21st century, that is, three consecutive La Niña winters in the Northern Hemisphere.
In everyone’s perception, La Niña climate is basically equated with cold winter. Looking back on November 2021 last year, under the influence of the “Twin Peaks” La Niña event, the comprehensive intensity index ranked fourth highest in history. A strong cold wave event swept across most of my country, and winter entered many places across the country overnight. In addition, it is about to enter December. If the cold winter was predicted in October, but now the temperature is showing a cliff-like drop, and there is no preparation. The temperature has suddenly fallen to the bottom. In this case, people are worried about the cold winter. The demand for autumn and winter clothing such as down jackets will increase sharply soon, and it is expected that the market will soon have “returns” of autumn and winter fabrics.
Textile market inventory is too high
When the market changes, textile people must remain vigilant. Although the probability of a cold winter this year has greatly improved the confidence of some textile people, more cloth bosses are still not optimistic about the next market. The main reason is that the inventory is too high. Taller! Currently, according to data monitoring from Silkdu.com, the inventory of gray fabrics in Jiangsu and Zhejiang has reached 38 days.
When will such a high inventory be digested? A textile boss said that even if all the weaving companies in the market stop production, they can still guarantee the production of clothes for three years! Since last year, the inventory of weaving manufacturers has been at a high level in recent years. After experiencing the cancellation of epidemic orders in the first half of the year, as clothing companies become more cautious in placing orders, the inventory of weaving companies has become higher and higher. Weaving companies say they already have millions of meters of inventory, and this phenomenon is very common at present.
In any case, the news of the cold winter will definitely have a certain boosting effect on the market. Although it may be a bit late at this point, it can still allow weaving companies to remove a wave of inventory to a certain extent.
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