——Brief Analysis on Price Index 20090323
March. 16 to 22, the subscription customers increase more in each professional market of China Textile City, the spot transaction climbs up slightly, so does order sending. However, the turnover in the spring market rises up relatively slowly. As a large volume of different popular spot goods comes into the market, the prices of the products with the same quality are squeezed in the competition, and the delivery in credit to target old customers is getting more. Part of small and medium-size commercial tenants decline the delivery in credit so as to avoid the tight capital flow and other risks, leading to the relatively slow growth of the turnover in the whole market. After observing the whole trend of all professional markets in China Textile City, we can apparently notice that the transactions on target spring and summer apparel fabrics go up, the spot transaction and order sending climb up to some extent in cotton fabrics, polyester fabrics, T/C fabrics, polyester/wool fabrics, polyester/nylon fabrics, polyester/spandex fabrics and ramie/viscose fabrics in partial areas. Home textile sells well, the spot transaction and order sending on curtain gauzes grow up slightly, the fabrics in new styles and innovative patterns still attract the attentions of domestic and foreign customers. The whole turnover of fashion accessories boost up in a narrow range, the transaction in each classification goes up and down. Order sending in lining materials, belts and laces grow gradually, while thread & rope and apparel linings have no sufficient daily transaction. According to the sample-data supervision and analysis on nearly 1000 representative products, the price index of the issue 20090323 of "China·Keqiao Textile Index" closed at 90.46 points, up 0.12% from last issue. The first classification showed: the price indices on grey cloths, apparel fabrics, home textile and fashion accessories rose up in different degreee, pushing the general price index to climb up slightly; but the price indices on raw materials declined, relatively restraining the growth rate of the general price index. In it, the price index on raw materials closed at 79.38 points, down 0.16% from last issue; grey cloths closed at 92.83 points, up 0.37%; apparel fabrics closed at 96.76 points, up 0.08%; home textile closed at 95.02 points, up 0.28%; fashion accessories closed at 98.24 points, up 0.38%.
Some raw material transactions fall down slightly, dragging the price index to decline
The price index on raw materials closed at 79.38 points, down 0.16% from last issue. In it, the price index on viscose category closed at 74.45 points, down 0.30% from last issue. Recently, the whole viscose staple market relatively go down, the transaction tends to decline, the sales volume drops lower, the sentiments between factories and markets have a wide gap; the whole rayon yarn market in the down stream seems to go slowly compared with last issue, the hot-sale trend gets down apparently, the delivery of the whole rayon yarn market appears a flat trend. As the supply of factories increases, the unit prices become soft while rising, the trading prices of some rayon yarns have some small discounts. The price index on other chemical fiber category closed at 71.08 points, down 0.60% from last issue. The overall demand on spandex keeps steady, the whole market presenting a flat and smooth situation with adjustment; since the spandex manufacturing companies have an increase in production and output, the low-end product supply grows; However, since storing products for a period, weaving factories and middlemen have a certain number of inventory. Due to the sufficient foreign orders in the down stream, the purchase declines gradually, the purchasers around the country tend to have a stronger wait-and-see sentiment. In nylon market, the sales appear lukewarm, the civil nylon filament market goes smoothly and steadily, but the whole transaction is not adequate. Owing to the limited demand in the down stream, the prices are hard to lift up for the softness. In acrylic market, the sales relatively go smoothly. For the gloomy demand in the down stream, the turnover and scale of the acrylic market shrank compared with last issue, the price is under adjustment and partially tends to go soft. The price index on cotton/ramie closed at 93.48 points, down 0.21% from last issue. Though the cotton market in the up stream goes relatively well, the whole sale in cotton yarn in Xiaoshan and Shaoxing markets seems to go flatly, the market sale and scale declining from last issue. Because of the inadequate foreign orders and limited domestic orders, the actual cotton yarn demand is not enough, the turnover is lower than last issue. 60S cotton yarn selling hot in the pervious period tends to have a decline, combed cotton yarn sells rather dull, cotton spinning factories have a stronger sentiment to quick delivery.
Polyester materials rebound slightly after falling down, boosting a small rebound of the price index
The price index on polyester category closed at 73.32 points, up 0.18% from last issue. As the international oil forward price fluctuated and went up, the April oil forward price closed at $ 47.35/barrel on March. 16, and $51.06/barrel on March.20; the April forward price of London Brent Crude Oil closed at $ 47.98/barrel on March 16, the May forward price closed at $ 51.22/barrel. Boosted by the cost, the prices of PTA and MEG wen up gradually, more people inquired about it, the atmosphere turned to be better. On the 16th to 17th, the whole polyester filament market in Xiaoshan and Shaoxing region kept steady, the quotation basically stayed steadily, but since the demand in the down stream was hard to have an apparent increase, the actual trading price of partial polyester filament factories can offer preferential prices; March.18 to 20, polyester chip price rose up day by day, the polyester filament price went up. Due to the prices of raw materials in the up stream had a strong support to climb up, polyester POY filament and FDY filament had an obvious uptrend, most factories were optimistic on the production and marketing. The quotations rose up in partial areas, the prices kept firmly and steadily, while DTY filament temporarily lingered in the original position. March.16 to 17, the whole polyester staple market appeared weakness and softness, the market lurched slightly, partial high-price products were sold at preferential prices, the transaction atmosphere became bleak; March 18 to 20, thanks to the constantly soaring prices of raw materials in the up stream, polyester staple market rebounded gradually, the transaction atmosphere started to warm back day after day.
The sales in apparel fabrics grew slowly, the price index rose up slightly
The price index on apparel fabrics closed at 96.76 points, 0.08% higher than last issue. As a large volume of different popular spot goods comes into the market, the prices of the products with the same quality are squeezed in the competition, and the delivery in credit to target old customers is getting more. Part of small and medium-size commercial tenants decline the delivery in credit so as to avoid the tight capital flow and other risks, leading to the relatively slow growth of the turnover in the whole market. In it, the price index on polyester fabrics closed at 94.30 points, up 0.19% than last issue. The spring and summer fancy polyester fabrics sold well, there had different varieties interacting with each other including printed, jacquard, cutting motif, embroidered fabrics, but printed fabrics still dominated the fancy fabric market. The fabrics with simple styles and innovative patterns rose up slightly. Polyester printed chiffon, printed chiffon crepe, cutting motif printed chiffon, jacquard printed chiffon and polyester printed peach velvet, knitted printed double-faced stretch and knitted printed 4-way stretch interacted with each other in small quantities of different varieties, the fabrics with simple styles and innovative patterns dominated the market. The price index on polyester/spandex fabrics closed at 95.74 points, up 0.96% from last issue. Spring filament satin 4-way stretch, filament paillette 4-way stretch, cationic FDY 4-way stretch, cationic two-tone rayon striped 4-way stretch, cationic mixed-color rayon striped 4-way stretch, cationic diamond rayon striped 4-way stretch and filament color striped 4-way stretch sold relatively well in the spot transaction for different colors, the large-scale salesrooms also sent orders actively in partial areas; the spot transaction and order sending batches for spring polyester/spandex stretch fabrics grew more than last issue, the sales volumes rising higher. Owing to the mutual interaction between the dyed and printed varieties of spring and summer polyester/spandex fabrics, the transactions went well partially, Spring and summer dull weft stretch satin and lustrous weft stretch satin, summer-use printed weft stretch chiffon and color dyed weft stretch chiffon with target colors and patterns partially had small quantities of transactions for different varieties. The price index on fashion fabrics closed at 96.90 points, down 0.61% from last issue. Because of inadequate foreign and domestic orders, the turnover on fashion fabrics was not enough compared with last issue, part of unit prices of fabrics at relatively higher prices can offer some concession in price, causing the price index to drop lower than last issue; however, polyester fabrics, nylon fabrics, nylon/polyester fabrics, nylon/polyester/spandex fabrics, rayon/spandex fabrics, polyester/viscose fabrics, wool/acrylic fabrics and wool/polyester fabrics with fashion styles interacted with each other in small quantities, the products by using reactive dying and printing, and yarn-dyed striped and checked fabrics, jacquard fabrics, embroidered fabrics were welcomed by garment factories. However, as the spot transaction and order volumes of fashion fabrics are insufficient, the whole transaction trend declined slowly.
As it is predicted, the turnover of the whole market in China Textile City will climb up in the trend. As the domestic market continues to be active, customers and fashion accessories manufacturers from the target secondary markets all around the country subscribe spot goods and send orders relatively actively. Spring and summer fabrics interact with each other, spring and summer polyester fabrics, polyester/spandex 4-way stretch, multi-chemical fiber wool-like, T/R wool-like, nylon/cotton fashion fabrics, T/C printed fabrics, cotton printed fabrics and polyester/spandex fabrics and other apparel fabrics sell well in partial areas, the turnover climbing up day after day. In spring and summer fancy fabrics, printed, jacquard, cutting motif, burn-out and embroidered fabrics start to sell well in different varieties, printed fabrics still dominate the market. The sales on the fabrics in simple styles and innovative patterns increase constantly. The new-pattern fabrics developed by large-scale fancy fabric companies dominate the market. The interaction between jet woven and knitted printed fabrics promote the whole sales volume of the market to keep rising. In home textile, curtain fabrics and curtain gauzes with new styles and creative patterns will continue to market actively.
Top 10 Categories in Rising
Top 10 Categories in Falling
1 T/C Fabrics
3.52%
1 Bedding
-1.30%
2 Lining materials
1.35%
2 Viscose/Wool Fabrics
-0.89%
3 Ramie/Viscose Fabrics
1.32%
3 Nylon/Cotton Fabrics
-0.78%
4 Polyester/Wool Fabrics
0.99%
4 Fashion Fabrics
-0.61%
5 Polyester/Spandex Fabrics
0.96%
5 Other Chemical Fibers
-0.60%
6 Laces
0.86%
6 Apparel Linings
-0.47%
7 Polyester/Nylon Fabrics
0.84%
7 Viscose
-0.30%
8 Belts
0.71%
8 Natural Fiber Grey Cloths
-0.24%
9 Cotton Fabrics
0.54%
9 Cotton/Ramie
-0.21%
10 Chemical Fiber Grey Cloths
0.50%
10 Thread & Rope
-0.08%
In this issue, the price indices on T/C fabrics, lining materials, ramie/viscose fabrics, polyester/wool fabrics and polyester/spandex 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 bedding, viscose/wool fabrics, nylon/cotton fabrics, fashion fabrics and other chemical fiber category ranked the first five categories in falling. The turnover declined in different degrees compared with last issue. The slight decrease of unit price of partial representative products was the main factor.
