The profit is suppressed by millions! Foreign trade is weak, customers are lowering prices, and this year's off-season is even more difficult

Aug 14, 2023

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    In today's weak global economy, everyone pays attention to procurement costs. Just like weaving companies purchase raw materials, they basically cover their positions intensively on the days when they stay in polyester factories for promotion.
    But if the market is good, who has time to stop and cover their positions? As long as the market improves and the raw materials are not enough, the frequency of raw material purchases will naturally increase.
    But now customers are lowering prices, and peers are involuntary, the price of fabrics is easy to fall but hard to rise, and profits are obviously compressed. Under such circumstances, we can only increase our profits by finding the right time to buy and reducing the cost of raw materials.
    Some companies said: "From the beginning of the year to the present, the profit that has been suppressed by customers has reached nearly 1 million." Another company also said: "I also earn some processing fees for the work that customers bring in to do. gone."

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