——Brief Analysis on Price Index 20090921
Recently, target customers in each professional market of China textile city purchase less compared with that in the previous period, the daily transaction volume dropped down slightly. Autumn market fluctuated and shrank.The spot transactions in multi-chemical fiber satin brocade, multi-chemical fiber serge and other fabrics declined slightly, but some cloth companies and large salesrooms still received many orders. The sales in some polyester printed sheared velvet, printed double-faced fabrics and other varieties dropped.T/C fabrics, polyester/wool fabrics, polyester/nylon fabrics and polyester/spandex fabrics were sold inadequately in the daily transaction. Home textile market partially went well and dull, the innovative curtain fabrics and curtain gauzes continued to sell briskly, but some business households had no sufficient daily transactions. According to the sample-data supervision and analysis on nearly 1000 representative products, the price index of 20090921 issue of "China•Keqiao Textile Index" closed at 91.22 points, down by 0.12% from last issue. The first classification showed: the price indices on raw materials, grey cloths, apparel fabrics, home textile and fashion accessories dropped in different degree, causing the price index of the general category to go down slightly.
Polyester market kept weakening, the price of viscose staple remained stable
The price index on polyester category closed at 74.57 points, down by 0.11% from last issue. On Sept. 14, polyester raw material market stayed in the weak situation, the leading quotation of PTA in East China was about 7000 yuan/ton, MEG about 5950 yuan/ton; Due to the low opening price in the futures market, people took a strong wait-and-see sentiment to PTA spot market, so the business went slack. Till Sept. 18, the leading quotation of PTA was about 6850 yuan/ton, MEG about 5850 yuan/ton. As the price of futures products keeps falling, the wait-and-see attitude to PTA and MEG markets will take the lead; On Sept. 14, the leading quotation of semi-dull chips in Jiangsu and Zhejiang provinces was about 8500 yuan/ton in cash acceptance, and the leading trading price was about 8300 yuan/ton till Sept. 18. Affected by the declining international oil price and other factors (on Aug. 18, New York Crude Oil forward price of November declined 0.23 dollars/gallon and closed at 71.32 dollars/gallon; London Brent Crude Oil forward price of October declined 2.17 dollars/gallon, closed at 67.69 dollars/gallon), the quotation of semi-dull chips in Jiangsu and Zhejiang provinces declined, however, due to the slight rebound in polyester filament production and marketing, the pessimistic sentiment weakened in the short run. Some sellers kept a stable price 8350 yuan/ton. On Sept. 14, the price of polyester filament in Jiangsu and Zhejiang fell sharply. The leading manufacturers reduced the prices at about 100—200 yuan/ton, some even at 300 yuan/ton, sellers often offered the preferential prices to buyers. On Sept. 15, polyester filament market in Jiangsu and Zhejiang was in the consolidation, some factories which didn't reduce the prices had to decrease the prices. The market continued to be in a wait-and-see situation. On Sept. 16, some polyester filament varieties quoted relatively high in Jiangsu and Zhejiang had lower prices, the whole market was in adjustment. On Sept. 17-18, polyester filament market in Jiangsu and Zhejiang continued to be weaker and softer, POY filament market in Jiangsu remained the downtrend, while Zhejiang kept the stalemate, some large factories had a slight rebound in production and marketing, but the individual varieties plumped down. In Jiangsu and Zhejiang, 1.4D polyester staple price declined further at 100 yuan/ton on the 14th, and continued the trend on the 15th. On the 16th, the market stopped falling and started to go steadily, On the 17th, the production and marketing recovered slightly. On the 18th,the market mainly went stable; In these days, 1.4D polyester staple in Jiangsu and Zhejiang went sold dull, sellers kept a wait-and-see attitude. The market price of viscose staple continued to be stable. The leading quotation of 1.5D×38MM viscose staple stayed at about 16900 yuan/ton, but the market tended to go dull. Rayon yarns sold slack, less products were sold, some yarn factories had some products in stock. On the 14th, in Xiaoshan and Shaoxing market, the leading quotation of 30S knitted rayon yarns was between 214000—21500 yuan/ton, 30S woven rayon yarns between 20200—20300 yuan/ton; On the 18th, the leading quotation of 30S knitted rayon yarns was between 21300—21400 yuan/ton, 30S woven rayon yarns about 20200 yuan/ton; Rayon yarn market tended to go dull, no optimism toward the sales. Yarn factories had no sufficient sales with weakening quotations.
The sales volume of polyester fabrics fluctuated and went down, T/C fabrics sold insufficient
The price index on polyester fabrics closed at 92.91 points, down by 0.29% from last issue. Recently, the spot transactions in target autumn and winter fabrics declined in China textile city markets, The turnover of the whole polyester fabric market shrank. The spot transactions in autumn and winter multi-chemical fiber wool-like conventional satin brocade, single-faced serge, double-faced serge, toothpick fabric, toothpick serge,satin back serge and cotton yarn-embedded stripe, rayon stripe, shadow stripe and shadow checked casual wool-like declined compared with last issue. Due to no enough purchase, the daily spot transaction tended to drop down: some small and medium business households had no sufficient spot transactions and declining sales volumes in some polyester satin brocade, serge, leolea wool-like, whit fiber wool-like; but large salesrooms still had many orders to send, the transactions in autumn and winter multi-chemical fiber became brisk. The sales in polyester linenette fabrics fluctuated and went down, the spot goods of wool-like crepe linenette partially increased in the market. Some small and medium-sized business households had some transactions, but the sales volumes declined; Some white silk linenette, cationic linenette and cationic cotton linenette were sold in small quantities, the sales volumes were still insufficient. The sales in warp knitted printed sheared velvet, knitted printed double-faced velvet and woven printed poly peach, lustrous filament jacquard fabric and other polyester fabrics partially declined slightly, causing the price index to fall down.
The price index on T/C fabrics closed at 93.82 points, down by 0.17% from last issue. In China textile city markets, finished T/C fabrics partially went well, some cloth companies, large business operators and small and medium-sized salesrooms continued to increase the quantity of autumn T/C fabrics in the market. Some large salesrooms still received orders for T/C fabrics mainly made by dyed and pad-dyed T/C65/35 yarns and T/C80/20 yarns, but small and medium-sized business households had less transactions. To T/C yarn 21S×21S 108×58 drill, T/C yarn 32S×32S 130×70 jeanette, T/C80/20 yarn 21S×21S 100×53 faille, some got many orders to send, but the whole market turnover declined compared with the previous period. To T/C65/35 yarn 32S×32S 133×72 high-density twill, T/C65/35 yarn 45S×45S 136×76high-density twill, T/C80/20 yarn 45S×45S 133×80 high-density twill and other dyed and pad-dyed varieties and T/C yarn 42S/2×21S 124×69 mercerized singed dyed fabrics, some large salesrooms got more orders to send, but small and medium-sized households received insufficient orders.
The sales in curtains dropped slightly, the sales volumes in curtain gauzes partially shrank
The price index on curtains closed at 98.89 points, down by 0.31% from last issue. Recently, less customers entered curtain market of China textile city, the turnover tended to decline, but innovative curtain fabrics were still favored by buyers, the products mainly made by FDY, DTY,(POY+DTY)polyester compound fiber occupied the main part of market shares, some salesrooms obtained small orders and spot transactions in positioning embroidered fabrics in width 280CM made by lustrous FDY filament, and provided a wide range of designs for customers to choose. In the recent market, transfer printed curtain fabrics, jacquard printed curtain fabrics, jacquard embroidered curtain fabrics made by polyester FDY filament, (DTY+FDY)compound fiber and lustrous FDY filament were directly sold by companies. Due to the falling price of polyester filament, polyester curtain fabrics can be sold at preferential prices in the market. In Zhejiang, Xu village of Hanning, Yuhang, Linan, Shaoxing, Zhuji and Xiaoshan had more salesrooms of family factories directly selling the goods. Some salesrooms having target customers had brisk business daily.
The price index on curtain gauzes closed at 89.10 points, down by 0.51% from last issue. In the recent China textile city markets, as less target customers purchased curtain gauzes, the order-sending declined sharply, causing the whole sales volume in curtain gauzes to drop down slightly. However, new-style fabrics sold well, some cloth companies with a shop in front and a factory behind and large salesrooms still got more orders from old customers. Buyers in each secondary markets favored new-style curtain gauzes. As the price of polyester filament went down softly, the unit price of polyester curtain gauze can be offered in discount. In 20D—30D nylon/polyester or all-polyester Terylene, pearl gauze, organza, snow gauze, voile, three yarn-compound, crinkled yarn, openwork gauze and other special gauzes, specially 32 shuttle, 35 shuttle, 37 shuttle products were widely welcomed by target customers, many curtain gauzes in width 280CM sold well. Large salesrooms still received more orders and transactions for curtain gauzes made by polyester lustrous FDY, lustrous DTY. Jacquard, embroidered, motif, crinkled, etched-out, hole-punched, openwork, transparent or chain embroidered fabrics or golden tinsel, silvery tinsel, yarn-dyed striped and checked products, some salesrooms had more purchase and orders from target customers, new-style products continued to dominate the market. Due to no enough demand, some target customers got less transactions. Therefore, the sales volume in curtain gauzes declined from that in the previous issue, less orders can be sent.
According to the forecast, the sales volume of the whole China textile market will rebound slightly. As the National Day and Mid-autumn Day come nearer, target customers purchase autumn and winter fabrics actively. Autumn and winter multi-chemical fiber wool-like, T/R wool-like and cotton fabrics, T/C fabrics, polyester/nylon fashion fabrics, polyester/nylon corduroy, cotton corduroy and polyester/spandex fabrics sold actively. Home textile market partially rebound, innovative curtains and curtain gauzes continued to sell actively. The demand for apparel linings is getting active, target varieties continue to sell well. The sales volume of the whole China textile city market tends to rebound slightly next week.
Top 10 Categories in Rising
Top 10 Categories in Falling
1 Cotton Fabrics
0.73%
1 Belts
-1.70%
2 Thread & Rope
0.38%
2 Polyester/Nylon Fabrics
-1.06%
3 Daily-used Home Textile
0.18%
3 Polyester/Wool Fabrics
-0.84%
4 Apparel Linings
0.18%
4 Laces
-0.70%
5 Blended
0.07%
5 Blended Fiber Grey Cloths
-0.61%
6 Cotton/Ramie
0.03%
6 Curtain Gauzes
-0.51%
7 Linen Fabrics
0.00%
7 Bedding Sets
-0.44%
8 Viscose Fabrics
0.00%
8 Curtains
-0.31%
9 Viscose/Wool Fabrics
0.00%
9 Polyester Fabrics
-0.29%
10 Ramie/Viscose Fabrics
0.00%
10 Linings
-0.22%
In this issue, the price indices on cotton fabrics, thread & rope, daily-used home textile, apparel linings and blended category 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 belts, polyester/nylon fabrics, polyester/wool fabrics, laces and blended fiber grey cloths 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.
