Recently, the circle of friends of textile people has become lively again, and gray fabrics of all kinds of fabrics are selling like hot cakes. “High-elastic pongee” has started to pop up frequently, and people can be seen in the market looking to buy this fabric. Nowadays, such conventional fabrics have been driving the market to a peak.
High-elastic pongee is selling like hotcakes and inventory is running low
A person in charge of a weaving factory that produces high-elastic pongee reported that high-elastic pongee is shipped every day, at least 200,000 meters per trailer. This gray fabric itself has been received by many people, so there are enough supplies all year round. In stock, but there is not much inventory now, and we may not be able to receive it soon.
In fact, the order status of pongee and elastic pongee products has always been good. High-elastic pongee combines both, and is naturally more popular in the clothing industry. Therefore, the sales volume in recent years has been slightly more outstanding than other varieties. Recently, due to the approach of the traditional peak season and the recovery of demand, sales have naturally been better than the same period.
According to the person in charge of a dyeing factory, the factory is currently in a state of liquidation, and the majority of the gray fabrics entering the warehouse are high-elastic pongee. And high-elastic pongee has always been a popular variety in the factory, available all year round. When there are no decent orders for other varieties, high-elastic pongee often receives large orders. It can be said that their performance this year is very eye-catching.
So why is ordinary high-elastic pongee so popular? Is it really selling like hotcakes?
High elastic pongee with strong performance
High-elastic pongee has the advantages of good color fastness, softness, breathability, closeness to the skin, and no shortcomings such as spandex fiber breakage, making this type of fabric always popular in the market. According to a textile trader, he has been placing orders for high-elastic pongee in the past few years, and these orders are all used as linings without exception. However, customers’ requirements are getting higher and higher, and various types of washing, light color fastness, etc. are emerging one after another. It can be seen that this type of fabric is most likely to be used in some mid-to-high-end clothing.
Low price and high cost performance
Another reason is that the price of high-elastic pongee has dropped now. Compared with elastic fabrics, it is very affordable, but it also has various advantages, so it is very cost-effective. For example, four-way stretch with spandex is more elastic than high-elastic, but it is also much more expensive. The price of 100D high-elastic pongee is 1.5 yuan/meter, while 100D four-sided elastic is 1.8 yuan/meter. Not only the cost of fabrics, but also the difference in dyeing costs is huge. The dyeing fee for four-sided elastic is basically more than 2 yuan/meter. Even if the quantity is one million meters, it is enough to negotiate the dyeing fee, which is usually more than 1.5 yuan/meter. The dyeing fee for high-elastic pongee is normally 1.2 yuan/meter, and there will be discounts for large quantities. When the order quantity is not large, the dyeing fee will be nearly doubled.
The popularity of high-elastic pongee is not only due to the superior performance of the fabric itself and its wide range of uses, but also its lower price, which is also the general trend of the market. But we still need to be vigilant. No matter how popular fabrics are, the market is limited. And when a fabric sells well, the number of manufacturers competing for it will increase, and price wars will begin.
Recently, the news that “orders to China plummeted by 40%” has spread in the circle. According to data from the General Administration of Customs of China: my country’s exports to the United States plummeted 25.4% in November 2022. Behind this sharp decline is a 40% drop in manufacturing orders from the United States! The resurgence of orders from the United States and the transfer of orders from other countries have caused excess shipping capacity to continue to intensify.
The challenges faced by the foreign trade market are still arduous, and the recovery of orders will still take time. It is understood that most of the foreign trade orders received by manufacturers are orders before the year, and there are fewer new orders after the year, which are not as good as domestic sales orders. At present, coupled with problems such as resource shortages and global trade escalation, countries are seizing the post-epidemic market to boost their own economies.
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