Market Downturn, Many Textile Manufacturers Are In A Dilemma.

By the end of the month, the market was still in a mess. Although the domestic market is slightly better than the early stage, production and marketing are still quite difficult and tangled. Faced with the market downturn close to the overall downturn, many textile manufacturers are facing a shortage of follow-up orders. If we continue to produce, stocks will continue to increase substantially and continue to occupy large amounts of capital. In the long run, the operation of factories will become a problem; if downtime, we will face some problems which are difficult to deal with, such as the loss of workers, the banking industry and so on. So many manufacturers are in a dilemma now. With the coming of May 1 holiday, more than 90% of manufacturers, especially weaving manufacturers, want to take this opportunity to spend more days to ease the pressure of production and marketing. Under the current circumstances, even if it is not for holidays, many factories will start at 5-7 per cent, or less, and workers will take turns to work. The key is that many industry insiders predict that this situation will continue in the short term, so that some enterprises will be bogged down in the mire. At present, the domestic demand is insufficient, the market is not enough, the price is dropping and the competition is intense, resulting in many sellers selling for inventory and selling at a loss, which is also a helpless move.