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Trade Jolted up before Holidays, Price Index Rebounded slightly

Trade Jolted up before Holidays, Price Index Rebounded slightly

Write: Fidela [2011-05-20]

——Brief Analysis on Price Index 20090928

From Sept. 21 to Sept. 22, the trade of China Textile City market moved jerkily. On Sept. 22, due to the cloudy and rainy weather, in each professional market, less target buyers entered the market. On the 23rd and the 26th, as the National Day and Mid-autumn Day approach nearer, the sales volume of the whole market climbed up slightly. Before the holidays, the trade jolted up. In apparel fabrics, multi-chemical fiber satin brocade, multi-chemical fiber serge and T/R wool-like and other varieties tended to increase in the spot transactions of large salesrooms, some cloth companies sent more orders. The transactions in T/C fabrics, polyester/wool fabrics, polyester/nylon fabrics and polyester/spandex fabrics advanced compared with the previous issue. The sales in polyester printed sheared velvet, printed double-faced velvet and printed poly peach and various kinds partially grew. In home textile market, the sales volumes of curtain fabrics and innovative curtain gauze fabrics increased, large salesrooms had the advantage in the market. The spot transactions and orders for apparel linings climbed up largely, the sales volumes ranked ahead among the major products. According to the sample-data supervision and analysis on nearly 1000 representative products, the price index of 20090928 issue of "China•Keqiao Textile Index" closed at 91.37 points, up by 0.16% from last issue. The first classification showed: the price indices on grey cloths, apparel fabrics, fashion accessories increased, promoting the price index on the general category rebounded slightly; but raw materials and home textile dropped,relatively restraining the rebounding rate of the price index on the general category.

Polyester market rose up after falling, the demand for spandex and nylon weakened

The price index on polyester category closed at 74.45 points, down by 0.16% from last issue. On Sept. 21, polyester raw material sold slack without good performance, the leading quotation of PTA in East China was about 6800 yuan/ton, MEG about 5750 yuan/ton; Until the 24th, the leading quotation of PTA was about 6600 yuan/ton, MEG about 5550 yuan/ton; On the 25th, PTA about 6650 yuan/ton, MEG about 5600 yuan/ton. On the 21st, the leading quotation of semi-dull chips in Jiangsu and Zhejiang provinces was about 8200—8300 yuan/ton in cash acceptance, till the 24th, the leading quotation of semi-dull chips was about 8050—8100 yuan/ton; On the 25th, in Jiangsu ans Zhejiang, the preferential measures to semi-dull chips were cancelled in some areas, the leading quotation about 8100—8200 yuan/ton, sellers were reluctant to sell products below 8050 yuan/ton in cash acceptance. On the 21st, polyester filament market in Jiangsu and Zhejiang continued to decline sharply, the falling rate of the filament was about 100—200 yuan/ton, some about 300 yuan/ton, POY filament price tried to maintain the level as before. On the 23rd, in Jiangsu and Zhejiang,some factories quoting higher prices declined the prices. The prices of FDY and DTY filament dropped deeper at the falling rate of 100—300 yuan/ton, while POY filament relatively went steadily. On the 24th, the main part of polyester filament prices in Jiangsu and Zhejiang kept still, some factories reduced the prices for promotion, but to some varieties, the preferential measures were cancelled accordingly due to the limited inventory. On the 25th, polyester filament market in Jiangsu and Zhejiang rose up, some factories cancelled the discount measures owing to the good sales in FDY and DTY filament, the price of POY filament rose about 100 yuan/ton, the companies in the down chain still intended to purchase products.

The price index on other chemical fiber category ended at 70.17 points, down by 0.06% from last issue. The trading prices offered by domestic spandex manufacturers were adjusted steadily, the leading companies still kept the steady level in the sale. However, though entering the busy season in autumn, the terminal market in the down chain didn't perform well as expected, plus insufficient orders from terminal companies, the market in the down chain tended to go softly and weakly. Besides, as some processing, weaving companies and dealers stored the goods for the price increase in the previous period, the purchase tended to go down recently, which made the wait-and-see sentiment attitude stronger. The constant decline in the price of caprolactam caused the price of nylon chips to weaken, and no enough demand can be seen. Till Sept. 25, nylon chips market went steadily; The demand for nylon filament became dull, factories offered a slight discount for sales promotion, the price tended to go softly. Acrylonitrile market was in the downturn, buyers in the down chain purchase less for the storage, the whole market went weakly in the steady tendency, the promotion of underselling products can be seen. Buyers in the down chain held a strong attitude, but the market got a slight support due to the limited spot supply in the port and the high quotation in the foreign market, till the 25th, the price of spot goods picked up by buyers in the port was between 12000—12200 yuan/ton; the demand and supply in acrylic market remained relatively steady. As factories checked equipments, some products were in tight supply, leading the price to go up slightly. But the price tended to go smoothly, the drive to rise was limited, the demand in the down chain kept relatively steady, the demand and supply in the domestic market were basically stable. However, due to decline in foreign trade orders held off the rise of the market, the demand for acrylic raw material got its limit as well. Till the 25th, th price of leading acrylic staple cotton variety in east China was 17300—17700 yuan/ton.

The sales in polyester fabrics fluctuated and went up, the turnover in T/C fabrics increased slightly

The price index on polyester fabrics closed at 92.97 points, up by 0.06% from last issue. Recently, the spot transaction in autumn and winter target polyester fabrics in China textile city increased more than last issue, the transaction in polyester fabrics fluctuated and went up. The spot transactions in autumn and winter multi-chemical fiber conventional wool-like and casual wool-like increased. As the National Day and the Mid-autumn Day come nearer, more buyers purchased goods, the spot transactions tend to go up: Some small and medium-sized business households had an increase in some all-polyester satin brocade, serge, leolea wool-like, white fiber wool-like and other autumn and winter products, the transaction batches got more. The sales in warp knitted printed sheared velvet, knitted printed double-faced velvet and woven printed poly peach, lustrous filament jacquard fabrics and other polyester fabrics rebounded slightly, the innovative fabrics dominated the market.

The price index on T/C fabrics closed at 93.91 points, up by 0.09% from last issue. Since the holidays approach, in China textile city markets, finished T/C fabrics partially sold well, some cloth companies, large business households and small and medium-sized salesrooms continue to increase finished autumn T/C fabrics. Some large salesrooms send orders actively for T/C fabrics made by dyed, pad-dyed T/C65/35 yarns and T/C80/20 yarns, some small-and medium-sized business households had a slight rebound in spot transaction. 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, the whole turnover increased compared with the previous period. To T/C yarn 20S×16S 120×60 dyed fabrics, T/C yarn 32/2×32/2 100×53 anti-static drill, some large salesrooms sent order smoothly, the turnover rebounded from that in the previous issue.

The business range and sales volume in curtains expanded, the sales volume in some curtain gauzes moved jerkily and went up

The price index on curtains closed at 98.98 points, up by 0.09% from last issue. Recently, as the National Day and the Mid-autumn Day come nearer,in home textile market of China textile city, more buyers purchase curtain fabrics, the sales volume is climbing up. The innovative curtain fabrics are very popular, the sales volume ranked ahead in all major products. The positioning embroidered curtain fabrics and jacquard curtain fabrics in width 280cm mainly made by lustrous FDY filament still had more orders to send and more spot transactions, many designs and colors were provided for customers to choose. Some salesrooms having target customer resources had brisk business in polyester transferred printed curtain fabrics, jacquard printed curtain fabrics and jacquard embroidered curtain fabrics, the sales volume climbing up higher. The batches for various curtain fabrics are ordered in different quantities, some large salesrooms and cloth companies had an apparent increase in medium quantities, the business range expanded; small and medium-sized business households mainly did the business in small quantities of spot goods, but the sales volumes increased slightly compared with the previous period.

The price index on curtain gauzes closed at 89.18 points, up by 0.08% from last issue. In the recent China textile city markets, as the holidays come nearer, more target customers purchase curtain gauzes, more orders can be sent, which causes the whole sales volume to increase. New-style curtains partially go well, some cloth companies with a shop in front and a factory behind and large salesrooms obtain more orders from old customers. In each secondary market, new-style curtain gauzes are welcomed widely, the daily sales volume increased. In 20D—30D all-polyester Terylene, pearl gauze, organza, snow gauze, voile, three yarn-compound, crinkled yarn, openwork gauze and other special gauzes,and various curtain gauzes in width 280cm sell well; To all-polyester or nylon/polyester curtain gauzes such as Jacquard, embroidered, printed, motif, crinkled, etched-out, hole-punched, openwork, transparent or chain embroidered fabrics or golden tinsel, silvery tinsel, some salesrooms had more purchase and orders from target customers, new-style products continued to dominate the market.As the holidays comes nearer, target customers got more batches. The sales volume in curtain gauzes increased from that in the previous issue as well as order-sending.

According to the forecast, the sales volume of the whole China textile market will reach the peak and fall down, the sales volume in the first three days before the holidays continues to go up, but tends to fall back for some customers withdraw from the market for returning home. Before the holidays, target customers offer to buy and place orders actively for autumn and winter fabrics, the sales in 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 continue to go briskly, but the transaction during the holidays may fall down. Before the holidays, in home textile market, innovative curtain fabrics and curtain gauze fabrics keep climbing, the transactions during the holidays may return. Before the holidays, the demand for apparel linings continues to increase, the turnover in some target varieties will reach the record high but fall back in the holidays. It is expected that the sales volume of the whole China textile city will reach the peak and fall down in the future market.

Top 10 Categories in Rising

Top 10 Categories in Falling

1 Fashion Fabrics

0.47%

1 Laces

-0.34%

2 Blended Fiber Grey Cloths

0.33%

2 Belts

-0.25%

3 Polyester/Nylon Fabrics

0.20%

3 Chemical Fiber Grey Cloths

-0.18%

4 Natural Fiber Grey Cloths

0.17%

4 Cotton Fabrics

-0.16%

5 Apparel Linings

0.14%

5 Polyester

-0.16%

6 Polyester/Spandex Fabrics

0.14%

6 Other Chemical Fiber

-0.06%

7 Curtains

0.09%

7 Bedding Sets

-0.01%

8 T/C Fabrics

0.09%

8 Cotton/Ramie

-0.00%

9 T/R Fabrics

0.09%

10 Curtains

0.08%

In this issue, the price indices on fashion fabrics, blended fiber grey cloths, polyester/nylon fabrics, natural fiber grey cloths and apparel linings 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, belts, chemical fiber grey cloths, cotton fabrics and polyester category 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.