Affected By The Market, Enterprises Have Begun To Take The "Spring Festival" Holiday

Recently, the relevant departments of the state released the holiday schedule for 2021. Many "employees" are happily planning how to arrange and plan to travel. At this time, there are some people who have received the holiday notice in advance, but they are miserable.

In the near future, the factory sent a letter to the end of November, saying that the factory was absent from the end of November. The person who released the video said that he felt that he was going to lose his job again and could hardly afford to eat.

Foreign trade enterprises in the off-season, holiday earlier than in previous years?

It is understood that there are not a few foreign trade factories notifying early holiday recently.

Wenzhou will suspend the production of shoes in advance from December 2020. The notice also said that from December 1, 2020, a "suspension of labor contract" relationship agreement was signed with employees (i.e. suspension of salary and retention).

A factory office issued a notice at the end of November, saying that due to the recent outbreak in other provinces and cities, in order to prevent the occurrence of uncontrollable epidemic, the factory received the notice and expected to start the holiday from December 31.

At present, there is a growing trend of holiday in the market. Many enterprises plan to have a holiday in December. Before that, a small questionnaire survey was conducted by the media. The results show that more enterprises have a holiday in early January, but not a few have a holiday in December. In addition, compared with last year, most manufacturers had a holiday about 15 days before the Spring Festival, while this year some enterprises have already advanced their holiday plans to about 30 days.

A factory issued a notice saying that the whole plant will have a holiday on December 5, 2020, and all departments will clean up in the morning on December 7. On March 1, 2021, the material preparation group, cutting bed group and warehouse will go to work, and other departments will go to work on March 5.

Most people believe that this year's foreign trade market is sluggish, and the number of orders has dropped by half. The maximum inventory of manufacturers has reached 43-44 days. The market is full of information about goods sold, and the profits of manufacturers are generally less than 10% Under the multiple pressures, vacation has become the best solution.

Exchange rate 7.17 to 6.57, foreign trade enterprises are very uncomfortable: shipping costs skyrocketing, RMB appreciation swallowing profits

At the same time, foreign trade enterprises have a headache, and the constant refresh of the RMB exchange rate and freight forwarding fees.

On December 4, offshore RMB rose more than 100 basis points against the US dollar, breaking through the 6.52 barrier at 6.5199, a new high since June 2018.

The onshore exchange rate against the US dollar rose above the 6.55 level at the opening, and then rose to 6.54 at 6.5343.

Since the end of May, the RMB exchange rate has been rising all the way, and even entered the "6.5 era". The central parity rate of the yuan against the US dollar was 6.5749 on November 25, according to the China foreign exchange trading center. According to the lowest point of 7.1775 on May 27, the appreciation rate of RMB against US dollar has reached 8.3%.

Ding Meng, an economist, said that when the local currency appreciates, the price advantage of export commodities will be reduced, and the imported commodities will be relatively cheaper, which will be beneficial to the import enterprises, but the impact on the enterprises of import processing and re export will be limited, while the impact on the export enterprises will be greater.

A foreign trade trader in Xiamen made an image analogy: in May, a batch of goods were exported and quoted at the real-time exchange rate of 7.17. Now, the exchange rate has risen to 6.57 by the time of settlement, and the payment will be obviously "shrunk". For example, we received an order for textile fabrics half a year ago, with a payment of US $1 million. According to the exchange rate at that time, the income of RMB 7.17 million was RMB. However, after delivery and collection, the minimum value of US $1 million can only be changed to RMB 6.57 million, which is RMB 600000 less.

The appreciation of RMB has a great impact on the export oriented enterprises with high foreign currency assets, especially the textile and clothing, agricultural products processing and other low value-added and low profit export industries. How to deal with it has become the biggest problem for enterprises.

Miss Li, the head of a foreign trade enterprise in Huli District, said that under the pressure of the continuous appreciation of the RMB, she had repeatedly communicated with customers about the price increase. "If the price increases by 4%, our profit margin will be more secure, but the customer has been disagreed, and finally reached a price increase of 2%". 'it's a game playing process. Raising prices reduces the impact of the exchange rate, but also makes their price advantage less attractive,' she said.

In order to stabilize customers, an enterprise in Xiamen has taken the initiative to reduce its gross profit. Mr. Fang, the person in charge, said, "due to the influence of exchange rate, the cost structure of export commodities has changed. For the commodities with 10% gross profit, we have reduced the gross profit to 3% internally, just to avoid losing customers due to price increase."

In addition, enterprises are deeply troubled by the soaring shipping space price and the shortage of containers. A cargo owner told reporters that due to the lack of containers, transport capacity has been greatly affected, leading to the delay in the export of some goods. "The freight forwarder found a relationship and only got one word - wait, because there was not enough large containers." Waiting for the box, waiting for the shipping date. "A batch of goods sent from Xiamen to the Middle East, seven days ago, showed that they were berthing in Vietnam. As a result, they are still stranded in Vietnam."

For example, vice president Zhuang can told the reporters that the whole process of container transport from Xiamen to China was different from that of China. "Europe and the United States import a lot of goods from China, but they are still affected by the epidemic situation and lack of manpower, supporting measures and production capacity, which directly leads to serious detention of ships, congestion and even paralysis of ports in many countries. Not only is the shipping schedule prolonged, but also many empty containers can not get out. This is the direct reason why" one box is hard to get "in China

For example, the port of Felix toinsee in the UK has announced that it will stop collecting empty containers because of congestion, which has spread from the port and distribution center to the surrounding urban and rural areas, and is expected to continue until early 2021.

Darkness before dawn: textile enterprises seek "holiday" to avoid risks

For textile enterprises, the experience in 2020 is relatively "dark", in their words: "more than 10 years of employment, never encountered such a market."

On the one hand, the impact of the epidemic on the global economy is still deepening. Although there is good news about the vaccine, it is still in a dilemma of lacking glass bottles. If the vaccine is widely marketed in March according to the original plan, there will be no big reversal in the overseas consumer market before March, which will not boost the market.

On the other hand, the traditional Chinese Spring Festival will be held in two months. Judging from the situation in previous years, after the new year's day, the trade market will obviously weaken, various production links will gradually end, and the market will enter a vacuum period. Until after the Lantern Festival of the next year, the market demand will start slowly.

At present, some industries have negative effects on the industrial chain from the bottom to the top. The downstream market has insufficient aftereffect, and the trading atmosphere is not good. In addition, the pressure of high inventory has not been relieved, and manufacturers have strong intention to de inventory, which leads to frequent low price operation and chaotic transaction in the market. Many manufacturers with missing orders have begun to close down their payments for new year's Eve ahead of schedule. It is expected that more enterprises will embark on this "holiday" road in the short term.