Recently, the China Textile Machinery Association published a report on the market situation of textile machinery in the first quarter of 2019, which pointed out that although facing the complex international economic situation and the impact of the Spring Festival holidays.
However, in the overall stable environment of the national economy and textile industry, the start of the textile machinery industry is in line with expectations. The business income and profit of textile machinery enterprises above the first quarter have reached double-digit growth, and the export of textile machinery products has remained stable, showing a slight growth trend. From January to March 2019, Enterprises above the scale of textile machinery industry realized business income of 22.982 billion yuan, an increase of 14.57% over the same period.
Among them, in the first quarter of 2019, the spinning machinery industry showed different operating trends in various sub-sectors, most of the products sales of spinning machinery showed different growth rates; water-jet looms in weaving machinery maintained a high growth trend last year, rapier loom sales continued to decline; circular weft machine sales in knitting machinery increased steadily, the overall market situation of warp knitting machines fell back; printing and dyeing and finishing machines maintained a high growth trend last year. Machinery maintained last year's development trend; sales of chemical fiber machinery declined slightly; non-woven machinery market did not show a significant recovery.
Among them, the sales of water-jet looms still maintained a high growth trend last year, which is a dangerous signal for the current market of Jiangsu and Zhejiang filament weaving, where orders are scarce and stocks are high.
Why is the sales of water-jet looms so crazy in the first quarter while the weaving Market is deteriorating?
Recently, the circle of friends is often ready to brush the screen during the summer vacation.
They all reflect one point: this year's textile industry is very difficult! Weaving factory inventory is difficult to sell, procurement enthusiasm is difficult to stimulate, polyester production and sales linger at a low level for a long time... Even if it is the traditional four peak seasons of gold, silver and silver, it will end early because of the depression of the market. By the middle and late April, the weaving market will not feel the flavor of the peak season. By the so-called "Red May", May is really here, but the hot business has not yet come. This cold and cool continued to June, even more.
And whenever the market is cold and inventory is high, many manufacturers will choose to grab the market through price reduction and promotion. In this case, it is often the time when the price war is in full swing. Although the "price war" inevitably kills the enemy 1,000 and damages itself 800, in order to grab customers and maintain their market share, when necessary, many textile owners will resolutely join the battlefield.
But what is more realistic and cruel is that even with such a rejection, the market is still worrying about high inventory, with few orders, few customers, scattered orders can be made, and large orders can hardly be met but not sought.
On the one hand, the reduction of market orders is due to the fact that the prices of both weavers and traders are already inexorably low. Through market visits and research, some manufacturers even said that they are in the state of cost line operation, and some even said that they are in the state of loss.
This is not only for the weaving enterprises in Jiangsu and Zhejiang regions, but also for the water-jet enterprises which have expanded their capacity in the peripheral market in recent years. At present, these external expansion capacity is still releasing. By this year, the impact of external expansion capacity has become particularly evident. Because of the periodicity of production capacity, in today's poor market business, the land and factory buildings purchased by enterprises in the central and western regions have just been built or are draining machines. Enterprises have invested a large amount of capital in the early stage, and many enterprises have a certain amount of debt.
Therefore, they are bound to take the rapid return of funds as the first priority. They are now in a difficult position to ride tigers. They can only continue to put into production with a firm head. It can be said that weaving enterprises are facing the most severe market competition in history. The market with less meat and more wolves is extremely difficult because of the sharp increase in production capacity.
Sprinkler capacity is going from surplus to elimination. What situation will the market face next?
1. Inventory in Jiangsu and Zhejiang reaches its peak and is extremely cautious at the end.
At present, the weaving stock in Jiangsu and Zhejiang has reached a historical high of nearly four years.
The scale of weaving factories in other places is generally relatively large, and the number of machines is basically hundreds or even thousands. However, owing to the lack of complete industrial chain system and imperfect sales channels in the central and Western regions, these products will eventually return to the coastal areas. In the market with poor sales, the local stock will be backlogged again, and the terminal will also change from a cautious single-minded to extremely cautious. Therefore, exploratory small orders will be more apparent, the phenomenon of large orders will be greatly reduced.
Second, the price war is intensifying
Because foreign looms mainly produce low-end products, such as polyester taffeta and Chunya textile, and the same quality grey cloth, from northern Jiangsu, Hubei, Anhui and other places, the freight per meter is 3-5 points, but the price is about 2 corners cheaper than the local.
Therefore, in the case that the cost of grey fabric in the field is lower than that in the local market, a new round of price war will intensify.
3. The market fears "collapse", and the phenomenon of bankruptcy may be concentrated in the second half of the year.
At present, the supply of low-end fabrics has been saturated, the production capacity continues, and the market collapse coefficient increases. The phenomenon of enterprise bankruptcy may be concentrated in the second half of the year, and the weaving enterprises that are putting into operation in the central and western regions will be the first to detonate the fuse for clearance.
In the future, these transfers of production capacity in the Midwest will continue without stop, and will be the fuse of a worse environment in the future. In the face of the enormous pain of overcapacity, the future road will be more difficult to walk!
