——Brief Analysis on Price Index 20090608
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 20090608 issue of "China·Keqiao Textile Index" closed at 91.72 points, up 0.09% from last issue. The first classification showed: the price indices on grey cloths and apparel fabrics increased in different degrees pulling the price index of the general category to climb up slightly; but the price indices on raw materials, home textile and fashion accessories dropped down, relatively restraining the growth rate of the general price index. As the whole sales in China Textile City are in the alternation of seasons, parts of cloth companies with a shop in front and a factory behind and the sales department of manufacturing companies were still relatively active in target summer fabric spot transactions and order sending, and the purchase for some autumn fabrics increased; However, as the demands for summer fabrics tended to decline slightly, some small and medium-sized business households sold the staple goods insufficiently in large quantities, the prices were too soft to rise.
Polyester market became stagnant after the rise, the whole sale too soft to increase
The price index on polyester category closed at 73.18 points, up 0.05% from last issue. As the recent international oil price went up and down, the price tended to climb up in fluctuation compared with that in the previous issue: The forward price of July New York Crude Oil closed at U.S. $ 68.58/barrel on June 1, U.S. $ 2.27/barrel higher than that of the previous day; the forward price of July London Brent Crude Oil closed at U.S. $ 67.97/barrel, U.S. $ 2.45/barrel higher than that of the previous day; the forward price of July New York Crude Oil closed at U.S. $ 68.81/barrel on June 4, U.S. $ 2.69/barrel higher than that of the previous day; the forward price of July London Brent Crude Oil closed at U.S. $ 68.71/barrel, U.S. $ 2.83/barrel higher than that of the previous day; the forward price of July New York Crude Oil closed at U.S. $ 68.44/barrel on June 5, U.S. $ 0.37/barrel lower than that of the previous day; the forward price of July London Brent Crude Oil closed at U.S. $ 68.34/barrel, U.S. $ 0.37/barrel lower than that of the previous day. On June 1, the whole business of polyester materials in the upper chain was mainly in a wait-and-see sentiment, the main quotation of PTA in East China was about 7000—7100 yuan/ton, the main quotation of MEG was about 4300 yuan/ton; On the 2nd, affected by the recovery of polyester filament business in the down chain, the polyester material market in the upper chain tended to warm back slightly, the main quotation of PTA in East China was about 7200 yuan/ton, the main quotation of MEG was about 4550 yuan/ton, as the market situation turned better, the quotations still had a room to rebound; On the 3rd, as the polyester material market in the upper chain tended to remain steady, the main quotation of PTA in East China was about 7200 yuan/ton, the main quotation of MEG was about 4600 yuan/ton; On the 4th, polyester material market in the upper chain started to become dull, the main quotation of PTA in East China was about 7150 yuan/ton, the main quotation of MEG was about 4600 yuan/ton; On the 5th, polyester material market in the upper chain tended to go well, the main quotation of PTA in East China was about 7050 yuan/ton, the main quotation of MEG was about 4600 yuan/ton. Polyester chips sold stagnant after the rise, In Jiangsu and Zhejiang provinces, to the cash acceptance or March acceptance of semi-dull chips, the main quotation was between 7800—7900 yuan/ton on June 1, the main quotation 8000 yuan/ton on June 2, 8100 yuan/ton on June 3, 8050—8100 yuan/ton on June 4, 8050—8100 yuan/ton on June 5 (main trading price was between 7900—7950 yuan/ton). On June 1, in Jiangsu and Zhejiang province, polyester filament stopped the drop and rebounded, POY filament in polyester filament market started to increase, so polyester filament manufacturers cancelled the preferential measures for the trial, DTY filament and FDY filament fell into the deadlock; On the 2nd, polyester filament in Jiangsu and Zhejiang Provinces moved forward apparently, particularly POY filament. FDY filament was partially lifted up, DTY filament kept still; On the 3rd, polyester filament in Jiangsu and Zhejiang provinces rose up slowly, most polyester filament manufacturers tended to have a steady quotation, the actual trading prices and promotion measures were offered in some regions; On the 4th to the 6th, the main part of polyester filament in Jiangsu and Zhejiang provinces stayed in the deadlock, major polyester filament manufacturers mainly kept a steady quotation, but the production and marketing declined. Parts of polyester filament manufacturers tended to sell products urgently. In Xiaoshan, the POY filament quoted higher by some polyester filament manufacturers started to have a decreasing rate of about 100 yuan/ton. Market sellers foresaw a dull market, the whole sale was too soft to recover.
Apparel fabrics spiraled up, the sales of market sellers went quite differently
The price index on apparel fabrics closed at 98.06 points, up 0.16% from last issue. Within the week after the Dragon Boat Festival, the whole sale in each apparel fabric market of China Textile City spiraled up compared with that before the holidays, the daily transactions went up and down, as well as the sales volumes. The whole sales volume seems insufficient and the sales of market sellers went quite differently. Parts of cloth companies with a shop in front and a factory behind and the sales department of manufacturing companies, owing to large number of old customers and strong strength in product research and development, had various kinds of new-style summer thin fabrics. The innovative fabrics dominated the market. The interaction among polyester fabrics, all-cotton fabrics and polyester/nylon fabrics caused the price index of each category to rise up. In it, the price index on all-cotton fabrics closed at 104.01 points, up 0.41% from last issue; the price index on polyester fabrics closed at 92.77 points, up 0.19%; the price index on polyester/nylon fabrics closed at 95.25 points, up 0.05%. But the summer thin fabrics of some small and medium-sized business households appeared insufficient. The price competition in the spot staple goods with the same quality became apparent. In some market business regions, the business started to go dull, and the prices were too soft to recover. According to the market trend, the whole market sales volumes of polyester 118DFDY knitted printed double-faced stretch, knitted printed 4-way stretch and polyester printed chiffon, printed chiffon crepe and printed weft stretch chiffon were still listed ahead of all major categories. The summer and autumn products including all-cotton plain, all-cotton printed fabrics, all-cotton yarn-dyed striped and checked fabrics, all-cotton yarn-dyed color striped and checked fabrics, all-cotton yarn-dyed crepe check and all-cotton yarn-dyed crepe stripe interacted. 60S×60S and 90×80 all-cotton yarn dyed and printed voile interacted, and some sold smoothly; Some all-cotton casual fabrics began to sell well, and all-cotton gingham, all-cotton mitong check, all-cotton maize check, all-cotton striped fabrics, all-cotton double-faced twill and all-cotton jacquard check presented a good market in small quantities of different varieties. The printed and dyed varieties of all-cotton poplin and weft stretch poplin got some sales, but not sufficient in parts of small and medium-sized business households, so the whole market sales volume tended to grow relatively slowly. Some large business salesrooms and cloth companies increased the trial sale of autumn mid-thick fabrics. Small and medium-sized business households had a strong mind to sell the products sold largely on the market, the prices of some spot goods had a slightly discount promotion for sale, which led the price index on apparel fabrics to grow relatively slowly.
Apparel linings sold slack, some business ran well in the stagnant market
Affected by the seasonal factor, all apparel manufacturing companies got limited orders for autumn and winter garments, so the demand for apparel linings seemed slack. The whole sale in linings exceeded the demand; But some business ran well in the stagnant market, the sales volume of some varieties increased in the fluctuation, causing the price index to rise up slightly. According to the supervision statistics, the price index on apparel linings closed at 95.40 points, up 0.03% from last issue. The whole sale in apparel linings mainly went dull, the total transaction of polyester linings was not sufficient. Though some woven fabrics got a slight increase in sales volume such as 170T polyester taffeta, 190T polyester taffeta, 210T polyester taffeta, 210T poly trilobal (silk-like), shuttle five-heddle satin, shuttleless five-heddle satin, shuttle eight-heddle satin, water-jet eight-heddle satin, 240T water-jet shumei satin, water-jet satin, water-jet rayon lining twill and nylon taffeta, the business was mainly done in small quantities of different varieties with insufficient sales volumes. Some business in cationic linings, DTY black fiber jacquard linings, knitted mesh linings and polyester rayon lining twills, polyester shumei satin, polyester twill linings and polyester five-heddle satin went smoothly. The linings used in decoration materials and packing materials and interlining of bags and school bags got a slight increase in the business for different varieties, apparel linings were applied to decoration and bags in multiple sales channels. However, rayon linings, nylon linings, T/C linings and polyester pocketing made by polyester pongee and summer silk, T/C pocketing and cotton pocketing were sold inadequately, the whole market sales volume was hard to increase largely.
According to the forecast, the whole sales volume of China Textile City will climb up slightly. As the temperature gets warmer and the off-season approaches, Clients in target secondary markets and fashion accessories manufactures all over the country partially offer to buy and place orders mainly based on their demands. Plus the rainy season coming closer, the whole sale continues will grow slowly. But summer thin apparel fabrics including polyester printed chiffon, polyester knitted printed T-shirt fabrics, all-cotton printed fabrics and rayon printed fabrics interact in different varieties, innovative fabrics in fancy design still became the mainstream in the sales; Parts of cloth companies with a shop in front and a factory behind and large salesrooms sell more trial products of autumn fabrics in large quantities, and the research and development on winter fabrics start, which help the whole market sales volume to rise up slightly in fluctuation, but the growth rate of sales volume tends to slow down.
Top 10 Categories in Rising
Top 10 Categories in Falling
1 Polyester/Wool Fabrics
1.92%
1 Laces
-1.97%
2 Belts
1.01%
2 Linings
-1.19%
3 Cotton Fabrics
0.41%
3 Cotton/Ramie
-0.39%
4 Curtain Gauzes
0.31%
4 Blended
-0.29%
5 Chemical Fiber Grey Cloths
0.20%
5 Other Chemical Fiber
-0.24%
6 Polyester Fabrics
0.19%
6 Polyester/Spandex Fabrics
-0.19%
7 Viscose
0.18%
7 Curtains
-0.17%
8 Blended Fiber Grey Cloths
0.08%
8 Bedding Sets
-0.12%
9 Polyester/Nylon Fabrics
0.05%
9 T/C Fabrics
-0.12%
10 Polyester
0.05%
10 Fashion Fabrics
-0.11%
In this issue, the price indices on polyester/wool fabrics, belts, cotton fabrics, curtain gauzes and chemical fiber grey cloths 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 laces, linings, cotton/ramie, blended category 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.
