Textile Market At The End Of The Year: Price Of Grey Cloth Fell 20% Compared With The Same Period Last Year.

The most recent thing is that the Sino US trade relations have released a positive signal: on the 13 Friday, after the joint efforts of the Sino US economic and trade team, the two sides agreed on the Sino US first stage economic and trade agreement text on the basis of equality and mutual respect.

In the same period, the United States announced that it would change the tariff of 250 billion commodities to 30%, and impose a new tariff on 180 billion commodities in December 15th. It will be changed to "180 billion commodity tariffs do not levy, 250 billion goods 25% tariff maintenance, 120 billion tariff rate 15% to 7.5%".

After a week, the heat of the textile industry is not very high.

One

This is definitely the biggest positive thing in the near future. After all, it has become stronger than collapse. At least, it shows that foreign trade will not develop in a worse direction next year. It will also give the textile boss who has done foreign trade a "shock soup".

Two

There is nothing surprising about the tax cuts announced by the US side, which is also limited to the textile industry. Moreover, Trump has always been "changing his face", and how much good he can achieve is unknown.

Since 2019, influenced by the uncertainty of Sino US trade relations, the textile industry chain production has slowed down and the industry profits have declined. Many textile foreign trade bosses said that when the trade war started, the impact of American customers' orders was relatively large, and the other side was more cautious. But after 22 months, now everyone basically accepts this situation, and the digestion and reaction of news is relatively quiet.

"This year, American customers have cancelled several orders, and some orders have been woven on the machine. The cancellation has resulted in a certain loss. So at the end of this year, I dare not do more stocking, for fear that next year the policy will be reversed again." A foreign trade boss in Wujiang said.

Shen, who owns nearly 200 jet looms, said: "in the first half of the year, trade was generally affected by Sino US trade friction, but it improved in the second half of the year. Now, the first stage agreement between China and the United States is really beneficial to the foreign trade market, but it has not been heard that there is now a US list. It will not change the stocking plan before the Spring Festival. "

It can be seen that for the release of the good news of Sino US trade, the good news is greater than the substantial boost. Many textile owners still have doubts about the foreign trade market next year. Looking back at the recent fabric market, at the end of the year, the receipts and profits of textile owners were most concerned:

1, grey cloth fell 20% compared with the same period last year, the profit shrank obviously.

Since the beginning of this year, the entire textile market has been shrouded in the "overcapacity" pattern, resulting in the price of most conventional chemical fiber fabrics, "even if the prices of T400 and T800, which are relatively well sold in the early days, are also low. Recent visits to some enterprises, including silk spinning, imitation silk and imitation memory, found that prices of almost all varieties dropped to varying degrees:

For example, 75D weft twist imitation memory at the beginning of 2.8 yuan / m, now quoted at 2.3 yuan / M; 75D 24T chiffon, the price from the previous year of 3.3 yuan / m to 2.6 yuan / M; 380T 380T silk spinning from 4.5 yuan / m down 3.3 yuan / M......

Xu, who owns more than 300 jet looms, the main products such as spring Asia spinning, nylon spinning and regenerated nylon spinning, said: "there was basically no stock in the factory last year, but now the stock is close to three to four million meters, so we have to go to stock only to reduce prices, and profits are also shrinking obviously."

"Another year's memory is 20% yuan less than last year," says Chen, another trader who imitates memory. " It is understood that the profits of simulation silk in recent years have not been high, special varieties are also 2-3 yuan / M profit, ordinary varieties of some 1 yuan / meter can not guarantee.

Although most of the recent weaving manufacturers are busy shipping, sprint the year-end performance, but in the premise that raw material prices have risen slightly, the price of grey cloth that has been falling steadily has also stopped the pace of decline.

2, domestic trade loans are in arrears, and foreign trade returns are normal.

At the end of the year, the owners of both traders and weaving factories began to calculate the capital situation. For them, the turnover of capital is a rather difficult year. The imbalance between supply and demand in the market and the fierce competition at low prices have led to a rise in the phenomenon of arrears, and the period of arrears in the market is less than 1 months and more than half a year. Therefore, many textile bosses have already started the problem of receivables.

"Early this year began to collect money," Xu manager reluctantly said: "last year was mostly cash purchases or reservations, most of which are arrears this year, the arrears cycle is about 1-3 months." Yang Lian, another manufacturer of simulation silk with hundreds of looms, said: "this year's arrears are worse than before. Recently, I dare not take the money out of debt. I'm afraid I can't get it back. The customer has been in arrears for 1 months. Now it's going to be 2 months or even longer. We have been collecting money this year."

It is reported that many textile bosses are worried about the problem of money recovery this year. After all, the problem of "triangle debts" in textile industry has existed for a long time. This year, the global economic environment is not good enough, and the funds of terminal customers are also more intense. Therefore, the payment is more stalling than before. Compared with the past, foreign trade arrears will be better than domestic trade, and the repayment is mostly carried out according to the contract, which is more secure.

Of course, judging from the recent fabric market, the market performance is still showing "polarization". The recent orders of silk like and imitation memory fabrics are still "commendable". In particular, the simulation silk series has been widely applied in the market due to its light, popular and diversified characteristics. It has gradually become the "four seasons" product from the previous spring and summer women's fabric "beloved", so it is outstanding at the end of the year. "Entering the December, the order has been relatively good. We have received orders on hand now for next year." Wu, chief of a veteran silk production company, said.

In addition to conventional silk products, this year's regeneration series has also been favored by domestic and foreign merchants. Many manufacturers are taking advantage of this opportunity to invest in the "regeneration" embrace. "This year's overall textile market is bad, the textile threshold is low, the number of people entering the market is too large, and the low price competition is fierce. This year, conventional silk sales have not been very good, and those special fabrics are good. Next year, recycled fabrics will be a bright spot, which may lead to a wave of new market. Shen Tong, a silk imitation manufacturer in Wujiang, said.

Now that the pace of 2020 is getting closer and closer, most textile enterprises still lack confidence in the whole trade market next year. Factors such as poor terminal demand, overcapacity and increasing competition are all considered to be the reasons why the market is hard to get better. For the future, the textile bosses are still feeling: textile is not easy, and the line and cherish!