Home >

Labor Pains In Off-Season: A Textile Enterprise Issued A Salary Reduction Notice, Wages Dropped By 5% And Operators Reduced By 500 Yuan / Month

2020/7/10 11:24:00 0

Textile Market

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.

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.

With the off-season coming in July, orders are still not ideal

As a result, the orders from France and the Netherlands increase in September at least, compared with those in the EU and Italy, they will take more holidays in September. Therefore, the downstream market in July is generally not optimistic. If it is fast, the market will not improve until August.

In addition, the European and American countries are still in a serious crisis when they enter the second season.

"At the beginning of May, we received an order of 200000 meters, which came from American customers. But now European and American customers are silent. There are still proofs, but there are no actual orders. At present, we still have some loose bills coming from Southeast Asia. " A person in charge of textile export enterprises disclosed.

The lack of terminal orders and the outbreak of overcapacity

The decline of domestic and foreign trade orders led to the re fermentation of the contradiction of overcapacity. After the great leap forward of the previous two years, conventional products are blooming everywhere in the market, but the downstream terminal demand is shrinking. In July, the production and sales of textile enterprises are difficult to be flat, and the inventory shows signs of rising. The data shows that the stock of grey fabric in Jiangsu and Zhejiang Province has reached the highest level in nearly three years in about 45 days.

   "The demand is not good, plus the raw materials have been falling, so far this year, our grey cloth price has generally dropped by 3 cents, and the selling price is even lower and frightening. How to calculate it is a loss." The head of a weaving mill with more than 100 looms said. If we continue to produce blindly, the inventory will be higher and higher, and the working capital will be occupied more and more. In this case, lowering the operating hours and taking a holiday have become the first choice of many bosses.

Some enterprises issue salary reduction notice

Under the "one high and two low" status of "high inventory, low demand and low profit" for a long time, some textile enterprises have also begun to "be overwhelmed" and issued a salary reduction 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.

epilogue

It has been four months since the outbreak of the new crown epidemic. The demand for textile and clothing has been hit hard again. Both domestic and foreign trade have entered the downward channel again. The textile industry chain is also prosperous and has lost everything. From raw material enterprises to clothing enterprises, they have been affected to varying degrees. Next July to August, the textile industry will continue to bear high pressure. Textile workers need to consciously control production costs and try to survive this off-season.

  • Related reading

"Midfield War" In Textile Industry: How To Turn Defeat Into Victory In Dilemma?

Fabric accessories
|
2020/7/10 11:24:00
0

Will The Price Of Raw Materials Continue To Be Bearish? Yarn Enterprise Loss Also Frequently Sell Goods, Enigmatic Operation?

Fabric accessories
|
2020/7/10 11:24:00
0

In June 2020, The Ex Factory Price Of Industrial Producers Decreased By 3.0% Year On Year

Fabric accessories
|
2020/7/10 11:24:00
0

In June 2020, CPI Will Slightly Decrease And PPI Will Turn From Decline To Increase

Fabric accessories
|
2020/7/10 11:24:00
0

Antarctic E-Commerce, Whose Share Price Has Gone Crazy, Has Made Use Of 5800 Stores Opened By 4513 Dealers To Be The Leading Brand Of E-Commerce Consumer Goods!

Fabric accessories
|
2020/7/10 11:24:00
0
Read the next article

Shandong Announced The List Of Key Brand Enterprises In Textile And Garment Industry, 26 Enterprises Were Selected

A few days ago, Shandong Provincial Department of industry and information technology announced the first batch of Shandong textile and garment industry new technology (achievements), new model list and Shandong Province