China Textile City: Traditional market transactions have significantly declined before the market closure.

Release time:

2025-02-26

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Abstract

Recently, as the Lunar New Year approaches and the traditional market of China Textile City prepares to close, with merchants from both the north and south gradually leaving, the joint shipping market has already completely shut down. The transaction of fabrics has significantly declined, and some small and medium-sized retail stores have sold out their winter stock in batches.

Recently, as the Lunar New Year approaches, the traditional market of China Textile City is closing down. With merchants from the north and south gradually leaving, the joint shipping market has already shut down completely. The transaction of fabrics has significantly declined, and some small and medium-sized businesses have sold off their winter stock in batches, focusing on settling accounts, clearing debts, and pursuing overdue payments. Those who have completed their accounts are planning the varieties and marketing schedule for after the Spring Festival. By the afternoon of January 22 (the 23rd day of the twelfth lunar month), transactions had noticeably decreased, and there was a clear increase in stores closing early. Some small businesses have already closed a few days early due to sluggish business. Store renovations have noticeably increased.

Recently, textile enterprises continue to carry out finishing work, but demand follow-up is evidently insufficient, and the overall order follow-up situation has decreased month-on-month. Many fabric manufacturers have stopped production for the holidays, and many small and medium-sized weaving factories have also closed for the holidays. The overall operating rate of weaving machines in Jiangsu and Zhejiang has significantly decreased, and the follow-up of subsequent orders in the market has partially declined. Recently, as the Lunar New Year holiday approaches, market marketing has clearly contracted, orders from fabric manufacturers have decreased month-on-month, winter fabric orders continue to decline, spring orders have contracted month-on-month, actual transactions have decreased month-on-month, and fabric prices have fallen month-on-month.

  Recently, transactions in the winter tail market have decreased, and the transaction of thickened fabrics in the traditional market of China Textile City continues to shrink. The winter market transactions have partially continued to weaken, and the transaction of popular fabrics in stock continues to be insufficient. The transaction of winter popular stock has partially contracted, and spring fabric orders have decreased month-on-month. Overall, as the Lunar New Year holiday approaches, the shipment of goods on credit has significantly decreased, and many small and medium-sized businesses have closed down. The market transactions have noticeably contracted over the past few days. Among them, the transaction prices and volumes of pure cotton fabrics, polyester fabrics, polyester-cotton fabrics, polyester-wool fabrics, polyester-viscose fabrics, polyester-nylon fabrics, polyester-spandex fabrics, viscose fabrics, nylon fabrics, nylon-cotton fabrics, and hemp-viscose fabrics have all decreased.

  Recently, the sales in the home textile market of China Textile City have partially decreased month-on-month, with prices showing a slight decline month-on-month. As the Lunar New Year holiday approaches, the marketing in the home textile market of China Textile City has decreased month-on-month, and the order volume for popular color and pattern fabrics has decreased month-on-month. The transaction of fast-moving products in stock and order shipments has decreased month-on-month, with transactions noticeably dropping before the holiday. Among them, the transaction of curtain products has decreased month-on-month, with prices showing a slight downward trend; the transaction of curtain mesh products in stock and order shipments has decreased month-on-month, with prices also showing a slight downward trend.

  According to past years' practices, the traditional trading area of China Textile City has started its holiday at 5 PM on January 22 (the 23rd day of the twelfth lunar month) and will reopen at 8 AM on February 5 (the eighth day of the first lunar month), totaling 13 days of closure. According to past years' practices, the traditional trading area of China Textile City has started to close down in the afternoon of January 22 (the 23rd day of the twelfth lunar month). Recently, the number of small and medium-sized weaving factories closing for the holidays has noticeably increased, and the operating rate has significantly shrunk, with the number of weaving and dyeing enterprises on holiday increasing daily.

  The trading atmosphere in the weaving market has noticeably declined, with more weaving factories shutting down. Some workers from other regions have already returned home early, and the festive atmosphere in the weaving market is gradually intensifying. Most weaving factories have already stopped working, and texturing factories are also gradually shutting down.

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