How About The National Textile Enterprises' Dragon Boat Festival Holiday?

Recently, the Jiangsu Peixian Textile Association issued a Joint Convention on limited production. It is decided that from June 20th, enterprises will limit production by 30 to 50% according to their own operation.

According to the latest understanding of spinning road 1707, the loco cotton yarn industry in Peixian has been reduced to 78% at present, and some large enterprises have reduced production by 10%-30%. Some of them have been booting up steadily but have been adjusted to fine production. The small and medium sized spinning enterprises are not in a position to reduce their production at present. On the one hand, enterprises should consider the digestion of raw materials, or stick to the end of June and the beginning of July.

At present, the reduction of orders by more than 50% is the consensus of all textile people. Of course, the most direct impact of orders is the endless growth of inventories. In order to avoid all the mobile funds turning into raw materials, finished products and workers' wages, most of the textile enterprises began to sharply reduce the start-up rate by changing the earlier start-up rate, and 80%, 50% or even less than 20%.

With the drop in the rate of start-up, there are many enterprises in the coming Dragon Boat Festival. But in fact, there are not many enterprises planning to go on holiday, except for a small number of enterprises who plan to take a vacation for about 3 days.

The absence of holidays on the Dragon Boat Festival does not mean that workers do not have holidays. The truth is that many workers in factories now have a rest. Three shifts, weekend break, 10 days, 20 days off. Different kinds of holidays are staged at various factories. Usually, there are no plans for the Dragon Boat Festival holiday. Most factories that do not take turns will usually have a holiday on Dragon Boat Festival. Whether it is usual holiday or holiday is an intuitive manifestation of the weakening textile market at the moment. Some enterprises also said that the current half of the boot state is different from the day off.

Of course, the purpose of factory holidays is simple, in order to reduce inventory growth and reduce workers' wages. Whether it is hourly wage or piecework wage, in the face of a sharp reduction in working hours, income reduction is inevitable. The decline of 10-20% is less, and more than 30% of the slump is also there.

What is surprising is that in the case of a sharp reduction in wages, there is little loss of workers. This situation is mainly due to the textile environment, and other factories and enterprises are also on vacation to reduce wages. Or many enterprises have not planned to recruit people this year, and ordinary workers lack the motivation and destination of mobility.

At present, it is not common for textile enterprises to further reduce production and stop production. However, due to the gradual weakening of shipments, comprehensive inventory of textile enterprises is still rising slightly. And the downstream textile mill's starting rate is worse. Sub regional perspective, the Shandong Weifang area reduced significantly, the current start-up rate of about 3-5 enterprises. Because of the poor market demand, the weaving factory has long wanted to take a holiday. This time, it is expected that the holiday will last until the end of June and the Dragon Boat Festival is at the end of June. The demand in Jiangsu and Zhejiang is relatively good. Lanxi and Nantong can still run more than 50% of their factories, mainly because the demand for white goods can still be maintained. However, the demand for jeans is very poor in Jiangsu and Zhejiang provinces, and the rate of starting up of cowboys has also been significantly reduced. The opening rate of Guangdong in May has once returned to 4-5, and there has also been a marked decline in June. Overall, in the textile industry off-season, manufacturers began to start holiday arrangements, the Dragon Boat Festival holiday is expected to be more common than in previous years, and the length of the holiday is also appropriate to extend, this week there will be weaving factory began to leave. At the same time, the possibility of resumption of the market is not great.

It is understood that the main reason for the low load of enterprises and the rare holiday of Dragon Boat Festival is the shortage of orders. Recently, European order inquiry has increased, and orders from other countries such as Turkey have been coming to the factory. However, foreign trade orders are still not up to the limit, and domestic orders have returned to the off-season to return to short, and continue to turn weak. Orders are "monks and many meat less", and the processing profit of enterprises is meager. The current market situation of loss of production leads to low enthusiasm for processing enterprises, forcing textile enterprises to limit production or even leave during the off-season.