—Brief Analysis on Price Index 20101220
Market Review
Recently, collected from 15 professional markets of China Textile City, according to the sample-data supervision and analysis on above 1200 representative products, the price index of issue 20101220 of "China • Keqiao Textile Index" closed at 104.69 points, down by 0.25% from last issue. The first product category showed: the price indices on raw materials, grey cloths and home textile dropped, driving the price index on the general category to decline slightly; but the price indices on apparel fabrics and fashion accessories rose up, relatively restraining the falling rate of the general price index.
1. The price index on raw materials continued to decline, and the price index of viscose and polyester still went down.
The price index on raw materials closed at 110.01 points, down by 0.88% in a downtrend. In it, the price index on polyester category closed at 97.60 points, down by 0.33%. On Dec. 13, the price of polyester yarns in Jiangsu and Zhejiang dropped, and the prices dropped 100—600 yuan/ton. The market went dull, and buyers in the downstream held a strong wait-and-see attitude . On Dec. 14, the market stopped declining and started to go steadily. To the low-price marketable products, some preferential measures were cancelled, or the prices were raised slightly. On Dec. 15, most polyester yarns manufacturers in Jiangsu and Zhejiang fluctuated, the price of low-price products rose slightly, but the wait-and-see attitude was still strong. On Dec. 16, the market went softly and weakly. Some polyester yarns manufacturers decreased the prices in different degrees according to the volume of stock, and the purchase was still in downturn. On Dec. 17, the market continued to go softly. Some polyester yarns manufacturers reduced the prices, but the business remained stagnant. Currently, buyers in the downstream purchase raw materials cautiously. They buy goods according to the demand with no intention for the stock. On Dec. 17, polyester yarns market in Xiaoshan and Shaoxing still went weakly, the prices partially declined, people waited and saw the market. Recently, polyester yarns market in Qianqing Raw Materials Market went steadily in a downtend, the quotations dropped slightly, and the sales went dull. Companies in the downstream obtained no enough orders. At present, due to the final sales, the prodution and sales in polyester yarns still keep stagnant. The stock increases, so the preferential measures continue to be provided. But the market does not turn better.
The price index on viscose category closed at 115.18 points, down by 3.16%. Due to the rising cotton price, viscose staple manufacturers kept the quotation at about 26000—26500 yuan/ton on Dec. 13 to 14, but the trading price declined to about 25000—25500 yuan/ton. The prices dropped about 1000 yuan/ton, and the payment was mainly the monthly settlement. Many viscose staple companies started to make the monthly settlement, that was to sign contract according to the quotation by the end of the month, refine the excess payment and repay the deficiency. As the trading price declined, the buyers in the downstream started to replenish goods, causing the viscose staple market to go better partially. On Dec.15-17, the price of viscose staples kept at about 25000—25500 yuan/ton, the prices to big orders would be reduced about 1000 yuan/ton. However, the production and sales in viscose staple market continued to go softly and weakly, the market was still hard to recover for no good news. The whole market kept dull. Some viscose staple manufactures obtained more orders and inquiries for the replenish in the downstream. Up to now, the viscose staple market changed quite often. Although the quotation dropped to about 25500 yuan/ton, the price still can be negotiated in the actual transaction.
2. The price index on grey cloths declined slightly. The sub-categories went up and down.
The price index on grey cloths closed at 98.40 points, down by 0.07% from the previous issue in a slight decline. According to the reflection of the market, in this issue, the price index on chemical fiber grey cloths dropped slightly. Particularly, the sales in polyester grey cloths, polyester/ramie grey cloths, polyester satin grey cloths and other grey cloths declined and the prices as well, which caused the price index on the general category to drop slightly. The price index on natural fiber grey cloths climbed up slightly. The sales in cotton grey cloths increased with rising prices, pushing the price index on the general grey cloth to rise slightly.the price index on blended fiber grey cloths rose up. In it, the sales in T/C grey cloths, T/R grey cloths, nylon/viscose grey cloths, nylon/cotton grey cloths and nylon/cotton/ramie grey cloths increased slightly and the prices as well, driving the price index on the general category to rise up. The rise of the indices on natural fiber grey cloths and blended fiber grey cloths relatively restrained the falling rate of the price index on the general category.
3. The price index on apparel fabrics rebounded slightly. The prices of polyester fabrics rose up, and the prices of cotton fabrics dropped.
The price index on apparel fabrics closed at 104.73 points, up by 0.16% in a slight rebound. In it, the price index on polyester fabrics closed at 99.20 points, up by 0.46%. In the recent markets of China textile city, the winter and spring varieties such as polyester napped velvet and polyester sanded velvet interact with each other, and the business partially goes well. The spot transaction in target fabrics start to go smoothly. Some cloths companies and large salesrooms have good business in many kinds, and the added-value of creative fabrics improves higher than that of the staple fabrics. Some winter and spring printed color checked napped velvet, napped short plush, yarn-dyed checked sanded velvet, knitted printed napped velvet, knitted printed sanded velvet and other varieties mainly made by polyester POY and cationic FDY sell well, target fabrics are welcomed by target customers, and some salesrooms have good business in the spot transaction of small quantities of different kinds. The batches for new-style polyester napped and sanded velvet increased, and the business range expanded. For the reasonable price, the quantities increased though in small batches. Particularly target winter and spring polyester yarn-dyed sanded velvet, some large salesrooms sold goods in small and medium-sized quantites. Spring polyester fabrics started to sell well, and the orders for target creative fabrics increased slightly.
The price index on cotton fabrics closed at 117.43 points, down by 0.13%. In the recent China textile city market, the prices of various cotton fabrics start to go softly in a steady trend, some varieies sell dull and partially well. The daily transaction in regular finisehd dyed cotton apparel fabrics was inadequate, and the prices declined partially. Some garment manufacturers placed large orders for cotton pad-dyed drill and cotton pad-dyed faille. Some large salesrooms casually place big oders for cotton carded yarn 20SX16S 128X60 pad-dyed drill, cotton carded yarn 16SX12S 108X56 pad-dyed drill, and cotton carded yarn 20SX20S 100X55 pad-dyed faille. However, the spot transaction and large orders for cotton fabrics for working clothes and cotton apparel fabrics were insufficient. Non-regular finished cotton fabrics mainly 20SX20S 21SX21S pad-dyed drill and dyed drill for working clothes and 32SX32S 40SX40S pad-dyed plain and dyed plain were relatively wecomed by customers, and some large salesrooms received more orders. The daily transaction for non-regular finished dyed cotton apparel fabrics was inadequate, the volume of spot goods dropped sharply. The total turnover tended to fluctuate in a narrow range with dropping prices.
4. The price index on home textile declined slightly, The indices on curtains and daily-use home textile went up and down.
The price index on home textile closed at 95.58 points, down by 0.04% in a slight downtrend. In it, the price index on curtains closed at 100.49 points, up by 0.05%. In the recent market of China textile city, curatin fabrics continue to sell well, the sales volume and business range increase slightly. Curtain fabrics in creative patterns continue to highlight in the market. In the polyester filament fabrics in width 280CM, single-layer jacquard curtain fabrics, double-layer jacquard curtain fabrics, embroidered curtain fabrics, positioning printed curtain fabrics and other fabrics are sold in small and medium-sized quantities. The printed fabrics and jacquard fabrics in width 150CM start to sell well, and the fabrics in creative patterns still dominate the market.
The price index on daily-use home textile closed at 101.77 points, down by 0.26% from the previous issue. Recently, in home textile market of China textile city, some cloths companies and large salesrooms still have brisk business in cotton daily-use household home textile fabrics, chemical fiber daily-use household home textile fabrics, T/C daily-use household home textile fabrics and T/R daily-use household home textile fabrics, but some small and medium-sized business operators have insufficient transactions. The decline in the prices of staple products caused the price index to drop slightly.
5. The price index on fashion accessories rose slightly. The price index on apparel linings went up.
The price index on fashion accessories closed at 97.03 points, up by 0.01% in a slight uptrend. In it, the price index on apparel linings closed at 95.61 points, up by0.25%. Recently, in China textile city, the sales in aparel linings partially increase slightly.To polyester filament jet-weaving apparel linings, the spot transactions in dyed products go smoothly. Due to garment manufacturers’ demand to produce winter and spring clothes, more lining products sell well, and target varieties are sold in batches sometimes. Especially, the high demand in polyester taffeta and other products caused to the brisk daily transaction. As the sales in winter compound cotton go smoothly, the sales in polyester linings used to make compound cotton fabrics partilly increase slightly. For the high demand in 190T polyester taffeta and 210T polyester taffeta, some varieties in regular and non-regular density are sold well.
As it is expected, the sales in China textile city will partially go smoothly, but the quantities of winter fabrics will shrink day after day for the insufficient machine operating rate, and the whole market will fluctuate in a narrow range. In the coming week, more spring creative fabrics will continue to be sold in the market, large salesrooms and cloths companies will have a slight increase in orders. But some small and medium-sized business operators have insufficient spot transactions in winter popular fabrics, and the sales will go quite differently. The sales volumes in spring creative fabrics are expected to go up slightly in fluctuation, and the added value will improve.
Top 10 Categories in Rising
Top 10 Categories in Falling
1 Lining Materials
2.18%
1 Viscose
-3.16%
2 Viscose Fabrics
0.99%
2 Laces
-1.92%
3 Polyester Fabrics
0.46%
3 Thread & Rope
-1.02%
4 Polyester/Wool Fabrics
0.46%
4 Cotton/Ramie
-0.68%
5 Nylon Fabrics
0.40%
5 Blended
-0.55%
6 Bedding Sets
0.33%
6 Viscose/Wool Fabrics
-0.48%
7 Natural Fiber Grey Cloths
0.28%
7 Curtain Gauzes
-0.33%
8 Apparel Linings
0.25%
8 Polyester
-0.33%
9 Fashion Fabrics
0.19%
9 Polyester/Spandex Fabrics
-0.32%
10 Polyester/Nylon Fabrics
0.13%
10 Belts
-0.30%
In this issue, the price indices on lining mateials, viscose fabrics, polyester fabrics, polyester/wool fabrics and nylon fabrics ranked the first five categories in rising. The sales volume increased in different degrees compared with last issue. The slight increase of unit price of partial representative products was the main factor.
In this issue, the price indices on viscose category, laces, thread & rope, cotton/ramie and blended category ranked the first five categories in falling. The sales volumes declined in different degrees compared with last issue. The slight decrease of unit price of partial representative products was the main factor.
Issuing Unit: the Ministry of Commerce of the People's Republic of China
Construction Unit: China Textile City Construction and Management Committee, "China•Keqiao Textile Index" Construction Office
Chinese Website: http://www.kqindex.gov.cn/
English Website: http://en.kqindex.gov.cn/
Tel: 0575-84125158 Contact Person: Wei Yinan
Fax: 0575-84125158
