——Brief Analysis on Price Index 20081201
According to the data, the price index of the issue 20081201 of "China·Keqiao Textile Index " ended at 93.73 points, up 0.30% than the previous issue in a rising trend. The increasing prices on grey cloths and apparel fabrics made the general category price index rise up slightly. However, the dropping prices on raw materials, home textile and fashion accessories relatively restrained the rise pace of the general category price index.
Market Trend:(1)The winter is coming, the target customers entering China Textile City has a slight increase compared with the previous issue. The spot transaction and order-sending on grey cloths and apparel fabrics partially rose higher than the previous issue.(2)The trade on raw materials market remained its falling, the prices and sales volumes on cotton/ramie category continued to slide down obviously, and blended category, other chemical fiber category and polyester category plummeted to some extents than the previous issue.(3)The trade on grey cloths market tended to rise back slightly, the prices and sales volumes on chemical fiber grey cloth category, natural fiber grey cloth category and blended fiber grey cloth category all went up again compared with the previous issue.(4)Part of cloth companies with a shop in front and a factory behind, marketing departments of manufacturing companies and large business shops had a good market on the spot transaction and order-sending on winter heavy weight fabrics in novel patterns. The partial small trial orders on spring fabrics, spot transaction and order-sending on some winter heavy weight varieties of pure cotton fabrics, polyester fabrics, T/C fabrics and polyester/spandex fabrics present a rising trend in different degrees.(5)Howerver, part of spot transaction and order-sending of apparel fabrics declined to some extents compared with the previous issue, spot transaction and order-sending on pure ramie fabric category, polyester/wool fabric category, polyester/nylon fabric category and fashion fabric category decreased sharply in different degrees. 6)In home textile category, the trade on curtain gauze category, curtain category and daily-use home textile cateogry lurched down in different degrees, while the trade on bedding sets category climbed up weakly. (7)In fashion accessories category, the sales on lining category, thread & rope category, lace category and apparel lining category slid to different extents than the previous issue, while the sales on belt category rose back obviously than the previous issue. As it is predicted, the spot transaction and order-sending on winter target novel fabrics tend to rise up slightly. In the winter polyester category, the sales on knitted printed double-faced velvet, knitted printed single-faced velvet and warp knitted printed brushed fleece continue to climb up higher, and the sales on winter heavy weight multi-chemical fiber wool-like, multi-chemical fiber (contained T/R80/20 yarn) wool-like, polyester/spandex fabrics and polyester printed washed velvet partially tend to be active. But the low-grade popular products sales in large quantities, for the poor capital liquidity in partial small and medium-size dealers, suffered some pressures owing to the dealer's refusing the shipment on credit. Due to the influence of the global financial crisis, the whole market received less foreign orders. The orders from Europe and America shrank obviously. Though the domestic trade rise up than the previous phase, order-sending on middle-and high-grade fabrics are done mainly on small quantities of different varieties.The overall sales volume will hardly climb up largely next week. The sales volume is hard to compare with that in the same period of last year.
The price index on raw materials category closed at 82.79 points, down 1.40% than the previous issue, tending to slide down obviously.(1)In raw materials category, due to the sharp shrinkage on the sales, cotton/ramie category had its lowest falling in price index. The pure cotton yarn market still stayed weakly, the daily sales continued to be bleak, with a weak trend on prices.(2)Due to the shrinkage on the sales, other chemical fiber category tended to drop down obviously in the price index. As the downstream demand shrank, the whole spandex market kept falling in weakness, the sales in low prices presented obviously.(3)Due to the obvious shrinkage on the sales, the blended category plummeted in the price index. In Xiaoshan and Shaoxing region, the overall sales on blended yarn category was still bleak. The prices on T/C yarn and polyester/rayon yarn went down softly for the shrinkage on the downstream demand.(4)The whole market on polyester category was still hard to change due to lack in the downstream demand. The poor situation on the foreign trade market and no enough operation rate in weaving factories led to the plummet of the price index.
The price index on grey cloth category closed at 98.56 points, up 0.35% than the previous issue, tending to rise back slightly. According to the market response, in this issue, the trade on chemical fiber grey cloths, blended fiber grey cloths and natural fiber grey cloths had a little increase compared with the previous issue, and the price index tended to rise back slightly.
The price index on apparel fabric category closed at 98.05 points, up 0.04% than the previous issue, tending to boost up weakly. In the category, due to a slight increase of spot transaction and order-sending, the price index on T/C fabrics and pure cotton fabrics tended to rise up slightly. The price index on Polyester fabrics and polyester/spandex fabrics rose up due to their slight growth on spot transaction and order-sending. In this issue, the prices and sales volumes on polyester/rayon fabrics, viscose fabrics, viscose/wool fabrics, ramie/viscose fabrics and nylon/cotton fabrics kept stable, the price index remained the same to the previous issue.
The price index on home textile category closed at 97.00 points, down 0.25% than the previous issue, tending to slide down slightly. In this issue, due to the obvious shrinkage on the sales compared with the previous issue, the price index on daily-use home textile tended to fall down obviously; The sales on curtains and curtain gauzes declined sharply in a narrow range than the previous issue, so the price index had a falling trend.
The price index on fashion accessories category closed at 100.84 points, down 1.11% than the previous issue, tending to slide down obviously. In this issue, the spot transaction and order-sending on linings decreased sharply than the previous issue, the price index becoming the lowest in falling. Due to the sharp shrinkage on lace trade, the price index tended to drop down. Owing to a slight decline on the apparel linings trade compared with the previous issue, the price index tended to go down. As the belt trade slid lower than the previous issue, the price index tended to fall down slightly.
As the temperature got lower, on the fabric market of China Textile City, printed double-faced velvet and printed single-faced velvet of polyester category knitted by circular knitting machines partially sold well. 150DFDYX100DDTY rotary screen printing napped double-faced velvet (width150CM, wholesale price 19.50 yuan/kg ), 150DFDYX100DDTY flat screen printing napped double-faced velvet (width150CM, wholesale price 20.50 yuan/kg ), 150DFDYX100DDTY rotary screen printing napped single-faced velvet (width150CM, wholesale price 18.50 yuan/kg ), partially sold actively in daily trade. The trade on new-style pattern fabrics climbed higher obviously, the cash trade on staple goods still had some discount. Since only one month was left in 2008, part of small and medium-size business runners declined the shipment on credit. Warp knitted printed brushed fleece, winter heavy weight mult-chemical fiber wool-like, multi-chemical fiber (contained T/R80/20 yarn) wool-like, polyester/spandex fabrics partially sold smoothly. However, the domestic trade was mainly done, the foreign orders were still insufficient. The whole market sales volume was not adequate compared with the same period of last year.
Top 10 Categories in Rising
Top 10 Categories in Falling
1 Belts
2.88%
1 Linings
-3.48%
2 Viscose
1.19%
2 Cotton/Ramie
-2.29%
3 T/C fabrics
0.53%
3 Other Chemical Fiber
-2.08%
4 Chemical Fiber Grey Cloths
0.43%
4 Polyester/Nylon Fabrics
-1.83%
5 Blended Fiber Grey Cloths
0.29%
5 Blended
-1.56%
6 Natural Fiber Grey Cloths
0.22%
6 Laces
-1.49%
7 Pure Cotton Fabrics
0.14%
7 Pure Ramie Fabrics
-1.32%
8 Polyester Fabrics
0.05%
8 Daily-use Home Textile
-1.21%
9 Polyester/Spandex Fabrics
0.05%
9 Polyester
-1.08%
10 Bedding Sets
0.04%
10 Polyester/Wool Fabrics
-0.69%
In this issue, the price indices on belts, viscose, T/C fabrics, chemical fiber grey cloths, blended fiber grey cloths ranked in the first five categories in rising. The sales volume increased to different extents than the previous issue. The slight increase of unit price of partial featured products was the main factor.
In this issue, the price indices on linings, cotton/ramie, other chemical fiber category, polyester/nylon fabrics, blended categroy ranked in the first five categories in falling. The sales volume declined to different extents than the previous issue. The slight decrease of unit price of partial featured products was the main factor.
China Textile City Construction Management Committee
"China·Keqiao Textile Index" Construction Office
