Can Workers Be Filled, Polyester Prices Up Or Down, And How Exchange Rate Fluctuates?

For most textile people, 2020 is a tough day, and the market is surging. The difficulty of recruiting workers, the sharp rise in raw material prices and the sharp fluctuations in exchange rates have been troubling textile workers from the beginning of their return to work.

But as time goes on, textile people gradually find that these problems that plagued themselves gradually no longer cause troubles, or they are no longer entitled to be troubled by these problems again.

Worker

From "recruitment difficulty" to vacation

In recent years, it has been a big problem for weaving enterprises to recruit workers and recruit expensive workers. At the beginning of each year, many weaving enterprises will put up signs for recruiting workers at the gates of factories. The wages written above are higher every year, but even so, the problem of recruitment is getting more and more serious.

The same is true at the beginning of this year. Affected by the epidemic, the weaving enterprises generally overstock a lot of orders, and it is urgent to resume production. But because of the lack of traffic, a large number of workers are unable to go out to work. This makes the enterprises return to work and become a big problem. Some local governments even pack buses, train trains, and even pack planes to help workers rework. The incentive measures are aimed at alleviating the difficulty of recruiting workers.

However, the recent situation is that a large number of weaving workers have changed from the original two shifts to the four shifts of the three shifts today, and even some enterprises with higher inventory but not single enterprises have begun to stop production.

From the statistical data, at present, the operating rate in Jiangsu and Zhejiang has dropped to about 6. In Shengze, the loom loom operation rate has dropped to about 6-7, the Shaw machine has dropped to 3-4, the warp knitting operation rate in Haining has been around 6, and Changshu warp knitting has dropped to 4-5.

It can be said that for most weaving enterprises, there is no need to worry about workers' problems recently, which is a satire.

　　 raw material

From daily concern to indifference

For a long time, the price of raw materials is directly related to the cost of grey cloth, which is a very concerned problem for weaving enterprises.

Every time the price of raw materials fluctuates, weaving enterprises have to think about the problem of hoarding raw materials, because perhaps the operation of raw materials can bring profits changes to tens of thousands to millions of dollars.

Over the past few years, since the price of polyester increased after the beginning of the year, weaving companies gradually developed the habit of storing raw materials before the festival. However, after 2019 and 2020, polyester prices did not rise or fall, especially in this year, under the influence of crude oil slump, polyester prices fell to the lowest level in history.

　　 However, with the passage of time, weaving enterprises began to reduce the rate of operation, we all concerned about the purchase of raw materials have declined. Even at the beginning of April, due to the sharp decline in crude oil epic level, the production and sale of polyester products only lasted 3 days, and then quickly dropped to 3-4.

For weaving enterprises, they can start work just after purchasing, and they can not directly start production without using raw materials.

　　 exchange rate

No order, no fluctuation.

In the past, for the textile enterprises doing foreign trade, the RMB exchange rate has always been a matter of stare. This is related to whether a single bill can earn money and how much money it can earn.

In March this year, with the unprecedented melting of the US stock market for 4 degrees and the huge earthquake in the international financial market, the exchange rate of the RMB against the US dollar also fluctuated greatly. The original RMB "breaking 7" is already a big news. In this fluctuation, the RMB exchange rate with the US dollar has even exceeded 7.1.

　　 However, even if such exchange rate fluctuates, textile people's minds are still unable to get a ripple. After all, even the list is gone, even the people who have not made the inquiry, and the exchange rate even falls to 10. Is there a big difference from now?

Statistical data released by Johns Hopkins University show that as of 6:30 Beijing time at 6:30 on April 15th, there were 1961965 cases of new crown pneumonia diagnosed globally, and 125476 cases of cumulative deaths.

The new crown virus continues to spread, and in the face of the epidemic, various anti epidemic measures have been launched. The governor of a number of states on the east coast and Coast States recently said he would decide when he would lift the epidemic restrictions and restart the economic activities. The largest cultural activities in France were postponed to mid July at least. The first death toll was released in Britain, and tens of thousands of prisoners were allowed to be released temporarily in Turkey.

The current epidemic is based on the overall downturn of the textile market in 2019. It can be said that it is a rainy night. And in the face of this unprecedented market, textile people's focus has also changed.

Order

Lack of demand still needs to wait.

For textile enterprises, orders are the primary concern. Orders represent demand, which means that stocks are no longer accumulating, representing the normal production and operation of enterprises.

But at present, the fact is that the epidemic is still spreading, the number of confirmed cases is over 2 million, and the turning point is far from coming. On the other hand, the domestic trade market has also stagnated. Downstream traders and garment enterprises have generally shown a wait-and-see mentality, and the terminal market has not shown signs of warming up.

For weaving enterprises, it will take some time to get a large number of orders.

cash flow

In addition to contraction or contraction

For all enterprises, cash flow is the key to the survival of enterprises, and the collapse of some familiar large enterprises is usually started from the break of cash flow.

At present, weaving enterprises have a large backlog of cash flow on raw materials, and they have to pay a lot of labor, water and electricity, rents and raw materials every month, but the products they produce are not sold. Therefore, more and more enterprises choose to shrink their strategy and cut costs in all aspects.

However, in view of the development of the global epidemic situation, the textile market will not see a marked improvement in the next period of time, and the cash flow of textile enterprises will only become more and more intense in the future.