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The Double Eleven carnival has come to an end, and major e-commerce companies have launched subsidies, price cuts, red envelopes, and exemptions to stimulate consumers to "buy, buy, and buy." This seems to be a big effort to pull up the previously lost turnover, release a large amount of previous backlog and pass it on to consumers.

But the carnival is over. Can this method of clearing inventory really save the entire industry chain from "overcapacity"?

Leaving aside the various online sales data on Double Eleven, let’s first look at some recent data on the weaving market:

Jiangsu grey cloth

The current corporate orders are close to one month, and the cloth product inventory is about one month. The price of grey fabrics has been in a downward trend recently, and it is expected that the market as a whole will maintain a downward trend before the Spring Festival.

Guangdong denim

At present, the price of ring-spun 10 British cotton denim yarn is 18,000 yuan/ton, which is relatively stable. Some OE yarns are slightly lowered, and the price of grey fabrics is stable. Corporate orders dropped slightly compared to October, remaining for about one month, and the operating rate was above 95%. There is no obvious improvement in foreign orders, and the domestic market is cautious in placing orders. Small orders are still the mainstay, and the product inventory of domestic spot companies has increased. Regarding the market outlook, companies said that the export market cannot pick up in the short term, the domestic market potential needs to be continuously released, and competition among denim companies has become more intense. Due to increasing market uncertainties, downstream apparel companies have slightly insufficient confidence in the market.

Yarn-dyed fabric

The operating rate of enterprises was basically the same as last month. Due to the continuous spread of the epidemic in Europe and the United States, many European countries opened their second lockdown in November. European and American markets have been affected, orders have been reduced, and the domestic market has also slowed down from the previous month. The overall inventory of the enterprise is low, and the inventory of conventional products is relatively large. Due to the high market competitiveness and the squeeze of corporate profit margins, orders generally last for about one month. Regarding the market outlook, the company said that the foreign trade market will continue to be sluggish, and the domestic market will be more competitive and stabilize in the short term. ‍

Lanxi Grey Fabric

The price of cotton has fallen recently, and the rate of decline has slowed down compared with the previous period, and the price of grey cloth has also fallen. Companies have fewer orders, decreased sales, more than one month of inventory, and basic equipment startup, but companies have limited production plans. Yarn prices may continue to fall in the later period. If the market continues to shrink or some companies adopt production restrictions, the situation is not optimistic. Companies hope that by the end of this month, spring and summer fabrics may place orders one after another.

Guangdong knitted fabric

The rebound after the National Day is mainly due to speculation by traders and hoarding of goods. At present, the operating rate of enterprises has declined and market prices have gradually weakened. Product prices will not change much in the short term, and the market is expected to continue to weaken in the later period. ‍

From the data point of view, in terms of operating rate, the recent market transactions have differentiated. The sales of woven products are not as good as the previous period, especially the hot-selling autumn and winter apparel fabrics. After a wave of goods, the demand has decreased significantly, and the operating rate of water jet looms has maintained. In the 80% to 90%, individual manufacturers have declined, orders for warp knitting machines are still good, and the operating rate is above 90%. The overall operating rate in Jiangsu and Zhejiang remains at a high level of less than 90%, but there is a downward trend.

In terms of inventory, the weaving market ushered in a small peak in the peak season in October. The market declined significantly, from a high of 45 days in the previous period to about 40 days. Many manufacturers of marketable products have successfully transferred their inventory in this wave. Market confidence was restored.

Entering November, as the double eleven stockings are coming to an end, there are not many replenishment and replenishment orders in the market, and the market is obviously declining. Under high-load operations, market production and sales are difficult to level again, and inventories have risen slightly. Many manufacturers In this week, it is obvious that inventory has begun to accumulate again, and the resistance to inventory destocking is relatively high.

Now the recycled series has indeed begun to improve, but the price is still at a relatively low level. Some prices are generally difficult for factories to achieve. The low prices also make the textile industry look less prosperous. Of course, many factories are also for these prices. Keep production at a loss.

But whether it is domestic trade or foreign trade, it indicates that the market has not improved, and there is still a short-term trend of deterioration.

There are various signs that although the clothing sellers successfully transferred their inventory during the "Double Eleven", for the cloth boss, this wave of dividends has not been transferred to the order. Although there are manufacturers in the market that have received replenishment orders, the scope is not Not big, but there are still many textile bosses who say: Life is not going well!

Although the news of RCEP has spread overwhelmingly recently, there has not been very big feedback in the polyester market. This is mainly due to the following reasons:

1. Some weaving companies want to buy raw materials, but they are limited by insufficient funds on hand, and they have more than enough energy.

2. The impact of the agreement is subtle, and may not bring a large number of orders in a short period of time, so it will not bring direct stimulation to the market.

3. This year, due to sluggish terminal demand and market speculation, the market for a new crown vaccine was just last week, so downstream textile companies have a certain resistance to this. ‍

However, in any case, although the new crown epidemic is still very serious globally, the new crown will always be controlled. Given that most people in the market are optimistic about the market next spring, coupled with the orders brought by RCEP's enhancement of market competitiveness, it may be time to stock up raw materials.

Taixing Hongyang New Material Technology Co., Ltd. has a professional R&D and production team, introducing advanced technology and equipment, and is committed to producing high-quality polypropylene high-strength yarns, polypropylene air-changing yarns, polyester air-changing yarns, ribbons and other products! The company is still growing, and we look forward to working with you for a win-win cooperation!

If you want to know more product information, please contact: Liu Xuelian 18914408040 Website: http://m.eqoif.cn/