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From January To May This Year, The Total Economic Output, Industry Investment, Export And Enterprise Profits Of China'S Textile Industry Showed Negative Growth Year On Year

2020/7/9 10:43:00 0

China'S Textile Industry

In 2020, which was originally expected to be highly anticipated, a sudden epidemic situation disrupted the rhythm of the whole industry. Now, it seems that the textile market has not recovered well after half a year.

According to official statistics, from January to May this year, the total economic output, industry investment, export and enterprise profits of China's textile industry showed negative growth year on year.

The total profit of the national industrial enterprises decreased by 19.34 billion yuan from the same period of last year. Among them, the total profit of state-owned holding enterprises was 440.42 billion yuan, down 39.3% year-on-year; that of joint-stock enterprises was 1347.88 billion yuan, down 19.2%; that of foreign-funded enterprises, Hong Kong, Macao and Taiwan businessmen was 465.92 billion yuan, down 18.4%; and that of private enterprises was 560.73 billion yuan, down 11.0%.

   The reason is that a large number of overseas orders were cancelled in the early stage, which caused enterprises to face the risk of default and the slow withdrawal of loans. In addition, the impact of the epidemic on the industry was greater than expected, and the upstream and downstream of the industrial chain were affected. Long term in "high inventory, low demand, low profit" this "one high two low" state of textile boss also began to "can not resist", issued a pay cut notice

Not only that, according to people familiar with the matter, some enterprises have reduced the wages of workshop operators by 500 yuan a month, which has been positively responded by many enterprises.

As early as March, the textile market resumed production, and after the overseas collective "cancellation of orders" operation occurred, we have seen a "self-help" operation of textile industry in rotation and production reduction. Many salesmen and operators were forced to pay cut because of their relaxed work and long vacation time.

A large factory operator once cried with Xiaobian: "since February, the factory has only paid you 1300 yuan of basic salary as living expenses. Before, I had at least 6-7000 yuan a month. It was really sad."

Today, when we thought that the new epidemic situation was almost stable, the domestic government was once again nervous because of the new cases in some provinces and cities. The undercurrent of "wage reduction" in the heart of textile owners began to quietly surge, and the above-mentioned notice of salary reduction was issued.

Under the epidemic situation

Textile boss turns "money" into "inventory"!

For textile boss, stop work, reduce production in addition to helpless or helpless! Wang, who owns more than 500 looms in a factory, said: "if you don't dare to stop more, the daily depreciation cost will be astonishing. If there is no output, then you will lose more." A textile boss had calculated with me before that if there were more than 100 looms in the factory, his depreciation cost would be nearly 10000 yuan every day. Only by changing the production capacity into grey cloth can we have output value.

On the one hand, it is necessary to control the proportion of cost and output, and dare not stop looms at will. On the other hand, textile owners should always pay attention to the stock situation of grey fabrics. But the reality is that the downstream demand has not been well recovered, which leads to the output and consumption is not proportional to each other, and the inventory in the market will accumulate more and more, which also results in the more obvious rise in the inventory of the weaving factory, which also causes the loss of discourse power of the manufacturers to the products.

   According to the sample enterprises monitored by China silk capital network, Jiangsu and Zhejiang are under pressure from inventory as a whole, and most manufacturers have piled up their grey cloth stocks for one and a half months and two months Many of them have been close to three months. A textile boss jokingly said: "the textile boss is very hard now. He really has no money. If he wants to change his inventory into money, the price he sells out is really tiring."

This has become the voice of many textile factory owners this year, too low profits lead to their own inventory has been devalued, the price is also hovering at the bottom.

Take conventional grey cloth as an example

The current quotation of 210t ditaf is about 1.1 yuan / m, while it is about 1.65 yuan / m in 2018, with a decrease of 33.33%;

The current quotation of 240t Chunya textile is about 1.9 yuan / m, while it is about 2.6 yuan / m in 2018, with a decrease of 26.92%;

The current quotation of 75D 24t Chiffon is about 2.05 yuan / m, while it is about 3.8 yuan / m in 2018, with a decrease of 46.05%;

The current price of 75D dice is about 1.80 yuan / m, while it is about 2.70 yuan / m in 2018, with a decrease of 33.33%;

"This price has been pushed forward for six or seven years without a price!" "Now we don't want to make money, but sell the grey cloth in the warehouse at break even," said a trader of imitation silk grey cloth

afterword

An experienced textile worker said that when SARS broke out in 2003, all industries across the country were faced with similar difficulties. However, this year's epidemic spread more widely, and the aggravation of overseas epidemic situation led to the overcast cloud over the industry. Many textile enterprises can only "protect themselves" in various ways, but in the words of the textile boss, tightening their belts and going through this barrier is spring!

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