Fabrics & Processing | Market Reports | News & Insights

Fabric Report

Published: July 25, 2020
Author: Millionaires

Fabric Report by Mr. Kiri Shah from “Textile World”.

What are the current fabrics or verities in the market?

Rayon is the most saleable fabric in the market. At present 60-80% of the demand in the market is for Rayon fabric. There is more demand for Rayon fabric in 38 & 63 widths.

Prices for grey fabric is reduced by 15% and for Yarns, it is reduced by 20%

When the market will start?

No exports for fabrics are done amid COVID-19 pandemic and due to which the Textile Industry is suffering a lot. Also, the local market is having less scope to cover the loss. As in the town-side market, only 10-12 shops are working as there is no staff available. All persons who were employed as salesman, hamal, fabric dealers or agents have moved to their native places and there is less chances for them to come back on the job. The non-availability of proper transportation and courier services is again the other factor that affected a lot to the fabric market. Only Blue Dart courier service is working. Under heavy rainfall and flood parcels are getting spoiled resulting in a further loss for textile dealers.

Customer flow is from local areas only as the local trains and other public transportations are not available long-distance customers are not expected in the current scenario of pandemic and the sellers are find it difficult to meet the day-to-day business expenses.

Fabric markets such as Swadeshi market and the Mangaldas market at Kalbadevi hardly 60 shops are operating. Even though there is no restriction on entry in this market customers are not entering the market under the fear of coronavirus. Very few customers are visiting the shops for rakhi or some essential function shopping. Loss in business is forcing the vendor’s to close the shops as most of them are finding it difficult to pay the rent. 40-50% of venders have shut down the shops and most of the operating shops are paying 50% of the rent. May seller is operating from their warehouse in Bhiwandi as they have closed the shops

What will be the future of the fabric industry?

Till December there is no scope for market to set back or recover. Future growth of the fabric industry is possible only when the actual situation becomes normal.

The decline in exports resulted in loss of Export House. Level of unemployment is an increase in textile industries as approx. 80% of the staff is removed by an export house.

Even the non-operating of Malls under social distancing rule is another reason for decline of the textile industry.

In Ahmadabad, which is called a hub of the textile industry, currently on 25-30% of market is under operation till 4 or 5 pm. In the Calcutta market also 30-40% shops are opened between 12- 2 pm.

Survival in the textile business in current situation is the biggest issue for dealers. Since lockdown shops are closed in Keval Industries Estate in Lower Parel. May shops are closed down. Only 50% shops are operating and with the condition of paying only 50% of rent.

What is the future of fashion?

No business is expected in current and in future for the textile industry.

The Running Quality List

TEXTILEWORLD 2020
RUNNING QUALITY LIST – JUNE 2020 (REVISION #01 DT 15.06.2020)
S.NO QUALITY I WIDTH HSN WT WTGSM YARN WEAVE PRICE
CODE L.MTR TYPE EX.MILL
1 07X07/68X38 63 5209 625 391 OE X OE DRILL 93
2 10X06/76X28 63 5209 515 322 OE X OE DUCK 77
3 10X10/68X38 63 5209 435 272 OE X OE DRILL 73
4 10X10/40X36 63 5208 310 194 OE X OE PLAIN 54
5 16X08/84X28 47 5209 270 226 OE X OE DUCK 44
6 16X08/84X28 63 5209 362 226 OE X OE DUCK 59
7 16X12/84X26 47 5208 232 194 OE X OE DUCK 40
8 16X12/84X26 63 5208 310 194 OE X OE DUCK 54
9 16X12/96X48 63 5209 415 259 OE X OE DRILL 70
10 16X12/108X56 63 5209 470 294 OE X OE DRILL 81
11 16X16/60X56 63 5208 295 184 OE X OE PLAIN 54
12 2/20X10/40X36 48 5208 236 194 OE X OE PLAIN 42
13 2/20X10/40X36 63 5208 310 194 OE X OE PLAIN 56
14 2/20X10/40X36 67 5208 330 194 OE X OE PLAIN 58
15 20X20/52X48 67 5208 218 128 OE X OE PLAIN 41
16 20X20/60X50 63 5208 225 141 OE X OE PLAIN 43
17 20X20/60X60 50 5208 194 153 OE X OE PLAIN 39
18 20X20/60X60 63 5208 245 153 OE X OE PLAIN 47
19 20X20/60X60 67 5208 260 153 OE X OE PLAIN 49
20 20X20/60X60 72 5208 280 153 OE X OE PLAIN 54
21 20X20/60X60 78 5208 304 153 OE X OE PLAIN 59
22 20X16/108X56 63 5209 355 222 OE X OE DRILL 63
23 20X20/108X56 63 5209 330 206 OE X OE DRILL 59
24 20X20/108X56 67 5209 350 206

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