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    Every Hype, Left Is A Pile Of Difficult To Collect Receivables! ——"Peak Season" Of Textile Market In 2020

    2020/12/26 11:28:00 63

    Textile Market

    Last week, China silk capital network once conducted a questionnaire survey to investigate the holiday situation of textile enterprises. More than 200 textile people participated in the survey. The survey results show that more than half of textile enterprises will have a holiday in or before the middle of January, and this time point is less than a month away.


    And every year to this time, it is time for textile people to start collecting receivables.



    Textile workers who are constantly "robbing"


    For textile workers, the receivables before the Chinese new year has always been a headache. In this year's epidemic environment, this problem has become more and more serious.


    At the beginning of the year, textile people managed to survive the isolation at home and began to return to work. They felt that the most difficult days had finally passed, and they were ready to start a large-scale work. However, they did not expect that this was only the beginning of the difficult year 2020.


    3. In April, the outbreak of overseas epidemic began. European and American countries closed down cities, and a large number of foreign trade orders were cancelled. The goods that had not been sent out were "lying" in the warehouse, and some of the goods that had been sent could not be paid back. After the long off-season, fortunately, the domestic market recovery is good, so that textile enterprises "blood back" in time.


    In October, in the national day consumption fever and market hype, fabric prices rose and the number of orders soared. Textile enterprises that had held back for more than half a year finally "had a long drought, but in the end, Europe began to close the city for the second time, and a large number of orders were cancelled, and a large number of funds of some textile enterprises were" locked up ".


    "Hype" is a must in "peak season"


    Textile industry has always had the tradition of preparing goods in advance, and the basis of preparing goods is often some "rumors" in the market. In October, the textile market is "thriving" with a "peak season" appearance. When the market is good, some people in the market are speculating again, and the prices of raw materials, grey fabrics and fabrics also soar. The downstream enterprises will naturally have good expectations for the market and place a large number of orders.


    This kind of speculation occurs every year, but in the past years, although speculation will bring some problems, because the terminal demand is still there, it can digest most of the orders in the market.


    However, this year's situation is different. The final payment of clothing still depends on the terminal consumption. Under the influence of the epidemic situation, the terminal consumption can not keep up with it. However, textile enterprises still accept orders as in the past, and the whole industrial chain will eventually become "water without source".


    According to the market situation, the most difficult receivables this year are those orders received in the "peak season".


    Mr. Yang, an individual trader with annual sales of millions, said that as a self-employed business, grey cloth and trade are involved. Basically, you can do what you earn. The list received in 2020 is not half of that in 2019, and the profit is still low. In October, when the market finally improved a little, it was a bit of "hunger for food". As a result, by the end of the year, some of the receipts in these lists had problems. But there was no way. At that time, I just thought it would be good to have a list, and there was no room for small and micro enterprises to choose from.


    Mr. Yang, an individual trader with annual sales of millions, said that as a self-employed business, grey cloth and trade are involved. Basically, you can do what you earn. The list received in 2020 is not half of that in 2019, and the profit is still low. In October, when the market finally improved a little, it was a bit of "hunger for food". As a result, by the end of the year, some of the receipts in these lists had problems. But there was no way. At that time, I just thought it would be good to have a list, and there was no room for small and micro enterprises to choose from.


    At the end of the year, the textile market has been booming again. The prices of raw materials have been rising continuously. The looms of the major textile clusters in Jiangsu and Zhejiang have also maintained a high opening rate. Even the "worst of the year" imitated silk has been moving well recently.


    However, when the market performance seems to be picking up again, textile people must remember the lessons learned from the past, and do not blindly follow the market. When receiving orders, pay attention to the other party's credit and their own capital flow.



    In less than a month from the holiday, how are the textile workers' money? Welcome to communicate with us in the comments section below




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