Spring Asian Fabric "Defeated" 2019: Price Drop 30% Profits Shrink 80%

As the "heavyweight" athlete in textile market, Chun Ya spinning occupies half of the textile market. In particular, in 2018, Chun Ya textile got rid of the label of "rotten cloth" and became a hot "net red" product. The price rose rapidly, and the goods broke into the norm. The loom was too late to deliver the goods, and the delivery time of the dye factory was as long as 20 days.

But the "spring of rotten cloth" did not last for a long time. By this year, the looms on the periphery rose, and the number of looms in the peripheral factories was at least nearly 100. The most conventional varieties were produced, with large quantity and low price, and suddenly hit the entire textile market. The market is depressed, manufacturers are hard to produce and sell, and prices and profits both shrink. The first thing to bear is Chun Ya spinning "zero compression capability" products.

Near the end of the year, what is the spring Asian spinning? Today, weaving manufacturers have something to say.

Loom high load production, stock is still millions of meters!

Near the end of the year, many weaving factories actually had very few orders, but due to various factors, the weaving factory stood the last post in the last time. In the survey, we know that the looms currently used for spring sub spinning are basically high load, most of them are doing inventory, and the inventory is as high as millions of meters.

One chief executive, who owns 270 looms, said: "what we mainly do is Chun Ya spinning and Tav, and domestic trade and foreign trade are all involved. This spring Asian textile market is too bad, we run, but now the order is basically over, but the machine is still full, we can't just drop it down, the stock is nearly 3 million meters.

Xu, manager of the main products such as Chun Ya spinning, nylon spinning, regenerated spring Asian spinning and regenerated nylon spinning, also revealed that our enterprises are not very well in this spring's Asian spinning market, and prices and profits have all shrunk. Now the machine is full, but there are plenty of stocks, about 1 million meters.

This spring Asian textile is slow to carry goods. Downstream traders basically place orders in the form of "small orders and multiple batches", but the machines can not stop. Under the condition of high load production, the inventory of weaving factories is high, but the market can not be completely digested. In the off-season, spring Asian textile is "selling at a low price", and even some enterprises say that low price spring Asian spinning must be hard pressed to customers, otherwise they will not be sold at all.

Prices fell 30% and profits shrank by 80%.

When it comes to quotations, prices and profits are naturally inseparable. This year, weaving manufacturers generally reflected that the price of spring Asia textile was nearly 30% lower than that of last year's profit of 100 yuan to 20-30 yuan. Can't bear to look straight ahead?

Comparison of price specifications for different products of spring and 2018 in 2019

A warehouse manager of Chun Ya spinning and polyester taffeta said: "the sales of Asian textile in this spring have been very serious. 300T spring Asia spinning last year sold 2.8 yuan or not, only 1.8 yuan this year. 190T spring Asia spinning last year was around 2 yuan, now it only sells 1.6. Their own spring Asian spinning is the amount of running, there is no profit, this year we can only keep one copy.

At the same time, a total of 300 looms of Weng also said that this year's high-end spring Asian spinning is more popular than conventional sales, but the volume of goods is very small, it is difficult to stock. Conventional spring Asian spinning not only reduced the price by about 30%, but the profit per machine was only about 20 yuan, which is almost no match for last year.

In 7 and August, the phenomenon of spring Asian spinning was everywhere. Entering the 9 and October, the market just improved slightly, but in fact, the degree of improvement is not big. It is still a product with high added value, such as T400, T800, and four rounds, which is a little hot. It is like the conventional and conventional products such as spring sub spinning itself, which is to do low price running. This year's market can only be guaranteed and maintain normal operation.

Last year, because of the serious failure of the loom loom and the high sale price of the spring Asian spinning, the manufacturers had the right to speak. Now the production capacity is extremely surplus. Compared with the price and profit of last year, the weaving factory is really distressed.

For weaving manufacturers, it is not only the price and profit that they worry about, but the receivables at the end of the year are also very distressing to the stockpiling of raw materials. For weaving manufacturers, buying polyester is cash, but downstream traders can get goods in arrears. By the end of the year, a game of debt has started.

This year, I heard a lot of money owed to the situation, or directly rely on. But it seems that it is not so bad. Most manufacturers said that last year they were basically cash payments, but this year the market is not good enough. Upstream traders have insufficient funds, and downstream weaving manufacturers want to go to some inventory. However, the period of arrears is basically 1-3 months, with old customers as the main source, but all of them are short of funds, so the return period is slow. For example, a sum of 300 thousand debt can be recovered in one month last year. It may take 3-4 months this year.

Whether or not to get the money is related to the purchase of polyester. According to past practice, polyester factories have promotional promotions at the end of the year, and there are basically price increases in the beginning of the year. Therefore, weaving manufacturers will basically stockpile raw materials to prepare for the start of the year. However, raw materials have been falling this year, the prices of polyester filament products have dropped significantly, and the space for losses has been expanding. The price of raw materials will drive the price of grey cloth to drop at the same time, and the price of inventory will not fall.

This made the weaving factory feel guilty, and at the end of the year did not hoard raw materials? It's really too hard!

There are 100 looms, "Chun Ya Fang", who told the editor: "in the past, there are stockpiling materials, and this year is not ready to hoard raw materials. This year, spring Asian spinning is really not selling. Our factory has 900 thousand meters of stock. Now that the order has been finished, the price of raw materials has been falling, and the raw materials will also fall down.

But many weaving factories have different ideas.

Tao: buying is sure to buy. It is estimated that it will be stored for more than half a month to 1 months. The price of raw materials depends on the price of raw materials. The raw materials have been bought a little bit these days, and the factory can be used for almost a week. They used to operate a week before the holidays.

Wu: although it is now used with the purchase, but in order to prevent the price rise after a year, it is still necessary to buy some spare parts before the year, which is basically normal in a month or so, and the funds are not enough.

After the new year's day, most of the weaving factories are ready for the holidays. This year's market is coming to an end. What next year is unknown, but most textile people predict that next year it may not be too good. Overcapacity and market demand determine the fate of this year's Asian textile. The cake is so large that there are many people who can't eat anything. Like the spring Asian spinning, this routine can no longer be conventional fabrics, if the same pattern, next year want to turn better, weaving manufacturers pressure is still very large.