Brief Analysis on Price Index 20090803
Recently, due to the cloudy and rainy weather, sometimes strong rains, less target customers entered the markets of China textile city. Some spot transactions shrank as the daily transactions fluctuated in a certain range. Autumn mid-heavy fabrics continued to increase in the market, some large salesrooms still receive large orders for various products; In T/R wool-like, multi-chemical fiber wool-like and all-cotton conventional dyed fabric, autumn fabrics partially sold well, the orders for early-winter fabrics started. In home textile market, curtain gauzes partially had a good market, innovative curtain fabrics kept popular, but the spot transactions declined mainly because of the cloudy and rainy weather. Some apparel linings went well in slack, however, small and medium-sized business households still had an insufficient transactions. Affected by the cloudy and rainy weather, the spot transactions were getting decreasing. The information was collected from 15 professional markets of China Textile City. According to the sample-data supervision and analysis on nearly 1000 representative products, the price index of 20090803 issue of "China Keqiao Textile Index" closed at 90.92 points, down by 0.23% from last issue. The first classification showed: the price indices on grey cloths, apparel fabrics, home textile and fashion accessories declined in different degree, pulling the price index of the general category to drop further; But the price index on raw materials climbed up, relatively restraining the falling rate of the general price index.
Polyester market turned to stagnancy after rise, viscose staple price continued to increase
The price index on polyester category closed at 74.73 points, up 0.56% from last issue. On July 27, polyester raw material market kept firm, the main quotation of PTA in East China was about 7400 yuan/ton, MEG about 5950 yuan/ton; Till July 31, the quotation of PTA was still about 7900 yuan/ton, MEG about 5950 yuan/ton; On July 27, the main quotation of semi-dull chips in Jiangsu and Zhejiang provinces was about 8800 yuan/ton in cash acceptance, and the main trading price was about 8750 yuan/ton. Due to the shortage in stock, some sellers temporarily offered no quotation, so the quotation of semi-dull chips in Jiangsu and Zhejiang provinces kept on going; Till the 31st, the leading quotation of semi-dull chips in Jiangsu and Zhejiang provinces was between 8900 8950 yuan/ton in cash acceptance. The market was mainly in lateral adjustment. Due to lack of supply, factories were reluctant to sell products. On July 27, polyester filament market in Jiangsu and Zhejiang rose up apparently, most factories raised their prices at the rate of 100 300 yuan/ton, however, some providing higher quotation adopted a wait-and-see attitude, the demand in the down chain increased for invoice-opening requirement; On the 28th, polyester filament market in Jiangsu and Zhejiang soared up. POY filament and FDY filament increased at the rate of 100 yuan/ton, DTY filament went in different way. Some factories raised the prices 100 200 yuan/ton; On the 30th, polyester filament market in Jiangsu and Zhejiang was blocked apparently in the uptrend, some factories eager to sell products provided the discount measure fro promotion; Though the international crude oil price rose dramatically (on the 31st, New York Crude Oil forward price of September rose $ 2.51/gallon, closed at $ 69.45/gallon; London Brent Crude Oil forward price of September rose $ 1.59/gallon, closed at $ 71.70/gallon), the production and marketing of polyester filament in Jiangsu and Zhejiang declined apparently, polyester filament factories mainly made quotation flatly, market sellers kept a wait-and-see attitude.
The price index on viscose category closed at 80.06 points, up by 0.56% from last issue. From July 27 to 31, the price and sales volumes of viscose staples tended to rise. On the 27th, the market price was about 15700 yuan/ton, but rose to about 16000 yuan/ton till the 31st. The leading prices of viscose staples started to rise day by day. As it was in a short supply, rayon yarn prices were raised recently. On July 27, the leading quotation of 30S knitted rayon yarn in Xiaoshan and Shaoxing markets was about 19600 19700 yuan/ton, the quotation of 30S woven rayon yarn was about 18700 yuan/ton; Till the 31st, the leading quotation of 30S knitted rayon yarn in Xiaoshan and Shaoxing markets was about 19800 yuan/ton, 30S woven rayon yarn was about 18900 yuan/ton; As viscose staple prices went upward steadily, rayon yarn sold briskly, yarn factories had a good sale, particularly in woven yarn. The quotation of woven yarns rose up firmly.
The autumn order for all-cotton fabrics increased, the sales in polyester fabrics boosted up slightly
The price index on all-cotton fabrics closed at 104.04 points, up 0.11% from last issue. Recently, due to the cloudy and rainy weather, the spot transaction in all-cotton fabrics became insufficient. But the order sending for target fabrics went smoothly in the dull market. The spot transaction in printed cotton fabrics dropped down slightly, the order sending increased partially. Some cloth companies with a shop in front and a factory behind, sales departments of manufacturing factories and large salesrooms still can receive orders for autumn all-cotton fabrics smoothly as well as some large orders for winter fabrics. To dyed and pad-dyed cotton fabrics mainly used for making school uniforms, some large salesrooms sent orders briskly. Some large salesrooms had an increase in orders for cotton pad-dyed drill in the specification 21SX21S 108X58, 20SX16S 128X60, 16SX12S 108X56. Some salesrooms received large orders for 21S/2X10S 72X42 cotton pad-dyed canvas and 20SX20S 100X55 cotton pad-dyed faille. Some still had large orders for 10SX10S 72X40, 7SX7S 68X38, 10SX7S 72X42 cotton coarse drill. The sales became dull in the slack.
The price index on polyester fabrics closed at 92.55 points, up by 0.03% from last issue. Analysing from the recent sales tendency of China textile city markets, the quantities of polyester summer thin fabrics decline in the market for the seasonal cycle is coming to the end. Some stocks continued to be undersold, the business range and volume of small and medium business households shrank, the business range of autumn fabrics increased apparently. Autumn target fabrics continued to increase. However, affected by the cloudy and rainy weather, the spot transaction became insufficient. The large orders for different varieties were getting more than that in the previous issue, the sales in autumn fabrics sold well in the dull market, the demand for various kinds such as autumn multi-chemical fiber wool-like, polyester wool-like, printed yarn-dyed chemical fiber fabrics, printed sheared velvet and printed poly peach started to increase, some relatively went well. There still had more products highlighted in the dull market.
Home textile sold insufficiently, curtains and curtain gauzes still sold well
The price index on home textile closed at 93.60 points, down by 0.76%. Affected by the cloudy and rainy weather, the home textile market with the largest trading area in China textile city had no sufficient transactions, the spot transactions in curtains and curtain gauzes shrank in a fluctuating trend. The domestic and foreign orders partially went well in target pattern products; Daily-use home textile presented a dull market, the sales in all-cotton, chemical fiber and blended daily-use home textile market became slack partially, the price index kept the same as last issue; The sales in bedding sets increased slightly, as well as the daily transactions in all-cotton reactive printed fabrics, jacquard fabrics, embroidered fabrics and satin brocade fabrics. The price index rebounded slightly. In it, the price index on curtain gauzes closed at 89.64 points, down 0.22%. Influenced by the cloudy and rainy weather, the spot transactions in curtain gauzes shrank apparently in home textile market of China textile city, but some varieties still interacted, some large business households continued to obtain domestic and foreign orders, so there still had some hot-sale products in the dull market. The products in 280CM width were very popular. In the special gauzes such as 20D 30D nylon/polyester or all-polyester terylene, pearl organdy, organza, snow gauze, voile, wrinkled gauzes and openwork gauzes, particularly, the products in 31 shuttle, 35 shuttle and 37 shuttle were popular among target customers. In some large salesrooms, the bleached, natural white and dyed fabrics of this series attracted more target customers to purchase and place orders. Some large salesrooms still received large orders for polyester lustrous satin, bright crepe, bright gauze, iridescent gauze, color gauze, mesh gauze and dyed or bleached products of five-heddle satin and poly trilobal. The price index on curtains closed at 99.47 points, down 0.27%. Affected by the cloudy and rainy weather, the demand for curtains in home textile market of China textile city partially became insufficient, spot transactions declined slightly in fluctuation. Some embroidered curtains, jacquard curtains and printed curtains in new-style and original pattern interacted in different varieties, the products in 280cm width were favored by target customers. The fabrics in original patterns dominated the market. There still had many domestic and foreign orders for some target patterns.
According to the forecast, the sales volume of the whole China textile city market will rebound slightly. As the weather turns better in early August, target customers subscribe and place orders for more autumn fabrics. Some autumn multi-chemical fiber wool-like, T/R wool-like, printed yarn-dyed chemical fabrics and extra-heavy all-cotton printed fabrics, casual cotton fabrics, anti-static cotton fabrics, conventional pad-dyed cotton fabrics, T/C printed fabrics, conventional T/C uniform fabrics continued to increase in the market. The sales in printed sheared velvet, printed double-faced velvet, printed poly peach and other patterns partially increased, curtains and curtain gauzes climbed up steadily, apparel linings boosted up. The sale of the whole China textile market is expected to rebound partially.
In this issue, the price indices on belts, natural fiber grey cloths, polyester category, viscose category and bedding sets 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 linings, blended fiber grey cloths, viscose fabrics, chemical fiber grey cloths and polyester/wool fabrics 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
