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    Orders Should Be Stopped Urgently, And The Period Of Refund Will Be Prolonged. Enterprises Need To Be Alert To Cash Flow Crisis.

    2020/4/9 11:31:00 0

    Cash Flow CrisisFabric

    Some experts say: the new crowding around the world is a very typical black swan event. It brings serious impact to the global economic, social and financial systems from both ends of supply and demand, and the world political and economic structure will also change significantly.

    Recently, I heard the most popular words of cloth boss: falling and headache, rising and headache!

    Last week, the crude oil market witnessed a sudden change in the style of painting, which led to a rise in the price of raw polyester raw materials.

    For a time, many downstream production enterprises have also entered the field to buy goods, and the mainstream polyester factories have broken hundreds of products. After this wave of craziness, many of the raw material stocks of weaving enterprises have risen to about half a month from the previous week, but recently the cloth boss has begun to sum up how long the money on hand can support.

    In an incomplete survey, 8 of the textile business owners said that in the first quarter of this year, sales fell by 3 compared with the same period in the previous year, and some even dropped by 8. A small number of textile enterprises have been in zero turnover since late March.

    With the stagnation of market order rate, the order return rate has slowed down significantly.

    Recently, we are also very anxious, before a loan should be settled in mid February, but at that time because of the delay of the epidemic, until now, the money is still on the other account.

    Textile market encountered "cold spring", also let many textile bosses realize that the money on hand is beginning to become tense, and the inventory in the factory is still high, it is difficult to realise in the short term.

    Order urgent stop! The refund period is more than 3 months, cloth boss: money back! Money back! ?

    People who do textile this year are joking: they played in the first half and fought abroad in the second half. After seeing the whole trade, the foreign trade owner was also awarded the "worst textile boss". As brands continue to shut down stores, cancel orders and postpone deliveries, market orders are not fermented, and customers' repayment cycle is also prolonged.

    To add insult to injury, some of the orders that have been completed have been sent to "emergency stop", resulting in the repayment of funds.

    A textile garment owner in the European and American market, said: "before and customers are monthly knots, from the delivery to the payment of goods required 1-3 months, at present many goods have not come back, the domestic payment is normal, but the impact of foreign money is very great, because the foreign customers have stopped working." Textile owners also say that the current period is about 4 months, which is 1 months longer than before.

    For textile bosses, after the shortage of orders, the biggest pressure is cash flow. The textile industry belongs to the "mixed up" industry, from large to scale tens of thousands of looms, to dozens of looms, can find their right space to survive in the market.

    Therefore, when the market is relatively good, many bosses are financing the banks to expand the scale of production. However, with the intensification of overseas epidemic, domestic demand and foreign trade market have not improved, which makes cloth boss want to achieve quick return.

    Of course, the state will not continue to watch the domestic business environment continue to be bad. Governments around the country are beginning to withdraw more targeted measures to help SMEs import and resume production and have new developments.

    The central bank weighs the position: never let the market appear money shortage! The big move is predictable.

    On the morning of 3, at the press conference of the joint defense and joint control mechanism of the State Council, Liu Guojiang, deputy governor of the central bank, said, "we will never let the market have money shortage. Of course, money should not spill over." Meeting market demand is reasonable and abundant. Liu Guojiang said that we should continue to push forward the reform of LPR and guide banks to make profits to the real economy and promote the comprehensive financing cost of enterprises to go down obviously.

    He said that the impact of the epidemic on the world economy will be great, but how big and when it will turn for the better is full of uncertainty. The impact is mainly manifested in the supply chain channel, trade channel impact, and the risk aversion is strengthening, and the market is fluctuating. At present, the impact has not exceeded the 2008 financial crisis.

    Experts came out to boost market confidence. Since the outbreak of the outbreak of the outbreak of the outbreak of the outbreak of the outbreak of the outbreak of the outbreak of the outbreak of the outbreak of the outbreak of the outbreak of the outbreak of the outbreak of the outbreak of the outbreak of the outbreak of the outbreak of the outbreak of the outbreak of the outbreak of the outbreak of the outbreak of the outbreak.

    For example, the Suzhou region has promulgated a series of policies in March: 1. to ensure that the credit balance of small and micro enterprises does not decrease; 2., to ensure the reduction of financing costs for small and micro enterprises; 3., to play the role of "national teams" of all policy banks; 4., to encourage financial institutions to provide guaranteed financial services; 5., to implement policies to help stabilize the posts; 6. to suspend social insurance premiums; 7. to reduce the rent of small and medium-sized enterprises; and 8. to reduce or exemption from small and medium-sized businesses. Enterprise taxes and fees; 9. delayed payment of taxes; 10. support small and medium enterprises Pioneer Park.

    In the first half of spring and summer, fabric died, and fabrics in the next half of autumn and winter can be expected. ?

    In a flash, it has entered the second quarter. The impact of the epidemic on fabric products is first spring and summer clothing fabrics.

    According to convention, before the Spring Festival holiday, the trade associations gradually shipped the order of spring fabrics, and began to busy the summer clothing materials after resuming work. But this year, an epidemic has reduced consumption to the extreme, leading to the end of spring and summer clothing fabric demand. The mainstream silk products of spring and summer wear fabrics are also in a situation of overcapacity. The manufacturers said that there were very few orders in the near future, and the amount of silk in the dyed factory was obviously reduced after starting. It is evident that the epidemic has disrupted all of the original production and marketing plans.

    Lost sales momentum in the first half of the year, then the second half may accelerate the recovery. Of course, the bad effect of the epidemic is still fermented in the market. In the short term, the market is still suffering from the "lack of orders".

    But now there are places to stimulate consumption through the issuance of consumer subsidies to get the unanimous praise of the broad masses of people. It is expected that the consumption and consumption promotion of the latter countries will also increase the financial and monetary policies, and the consumption of clothing will also improve together. After all, the people will be tired of watching the live buying and buying day online. There is still much room for sale under the line. All these will lay a good foundation for the sale of autumn and winter fabrics in the second half of the year.


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