——Brief Analysis on Price Index 20091109
Recently, more target customers enter China textile city markets. From Nov. 2 to Nov. 3, the daily sales volume tends to climb up. On Nov. 4, due to the decline in the number o f target customers, the spot purchase in China textile city was insufficient compared to the previous day, and the market transactions dropped down slightly. On Nov. 5-7, some target early-winter fabrics sold well, boosting the trade slightly. On Nov. 8, as some target customers in Jiangsu and Zhejiang and the surrounding areas of China textile city returned home, the sales fell back. 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 20091109 issue of "China•Keqiao Textile Index" closed at 91.91 points, up by 0.16% from last issue. The first classification showed: the price indices on raw materials, grey cloths and apparel fabrics rose up, boosting the price index on the general category to climb slightly; but home textile and fashion accessories declined, relatively restraining the rising rate of the price index on the general category.
Polyester price rebounded after the drop, viscose staple price continued to go up
The price index on polyester category closed at 76.34 points, up by 0.31% from last issue. On Nov. 2, the leading quotation of PTA in East China was between 7250—7300 yuan/ton, MEG between 6100—6150 yuan/ton; Till the 6th, PTA between 7400—7450 yuan/ton, MEG between 6300—6350 yuan/ton. On Nov. 2, the quotation of semi-dull chips in Jiangsu and Zhejiang provinces was between 8950—9000 yuan/ton. Till Nov.6, the leading quotation of semi-dull chips in Jiangsu and Zhejiang in cash acceptance was between 9050—9100 yuan/ton. On Nov.2, the price of polyester filament in Jiangsu and Zhejiang went steadily, most factories made the same quotation as before. However, due to the decline in producing and marketing polyester filament, some factories have the pressures on sales, so the actual trading prices can be negotiated. On Nov. 3, polyester filament market in Jiangsu and Zhejiang was getting weakening, some factories quoting higher reduced the prices about 50—100 yuan/ton, some companies eager to sell products can provide the preferential measures after the price decline. On Nov. 4, the prices of polyester filament in Jiangsu and Zhejiang dropped down, some factories reduced the prices about 100 yuan/ton, market sellers took the wait-and-see attitude. On Nov. 5, polyester filament market in Jiangsu and Zhejiang stopped the decline and rebounded, the trade started to rise, the prices of polyester filament was lifted about 100 yuan/ton higher than before. On Nov. 6, polyester filament market in Jiangsu and Zhejiang kept the uptrend, the rising rate of factories was 100—200 yuan/ton, the higher rate up to 300 yuan/ton, and some factories did the business cautiously.
The price index on viscose category closed at 84.14 points, up by 2.29% from last week. Recently, viscose staple market kept steady in an uptrend, the price continued to go up. The leading price of viscose staple 1.5DX38MM was about 17400 yuan/ton on Nov. 2, about 17500 yuan/ton on Nov. 3, 17600 yuan/ton on Nov. 4, 17650—17700 yuan/ton on Nov. 5-6, the higher was 17800-17900 yuan/ton. Compared with that of last week, the price increased at the rising rate of 300 yuan/ton. Though rayon yarn market appeared slack, the market price of viscose staple rose constantly. On Nov. 2, in Xiaoshan and Shaoxing market, the leading quotation of 30S knitted rayon yarn was about 21800 yuan/ton, 30S/2 knitted rayon yarns about 23500 yuan/ton, 30S woven rayon yarn about 20800 yuan/ton. Till Nov. 6, 30S knitted rayon yarn was 21900—22000 yuan/ton, 30S/2 knitted rayon yarn 23600—23800 yuan/ton, 30S woven rayon yarn about 20900—21000 yuan/ton. In rayon yarns, woven yarn sold relatively well, and 30S/2 yarn as well.
The sales in T/R wool-like went smoothly, autumn cotton fabrics fell down
The price index on T/R fabrics ended at 99.34 points, up by 0.45% from last issue. From Nov. 2 to Nov. 8, in China textile city, customers purchased T/R wool-like apparel fabrics actively. The spot transactions in early-winter extra-thick wool-like were brisk, the order-sending also went smoothly. Some quality steam calendered T/R wool-like apparel fabrics were still welcomed by target customers, some large business households had brisk business every day. To the conventional wool-like and early-winter extra-thick casual wool-like fabrics whose main materials were T/R65/35 yarn and T/R80/20 yarn, the spot transaction and order-sending partially went well, some cloth companies with a shop in front and a factory behind and large business operators obtained many domestic and foreign orders and sent the orders actively. Early-winter thick T/R wool-like in 480—550 g/m became the main product in sales, the extra-thick winter fabrics in 560—600 g/m also received large orders from target garment factories, the domestic market was more active than the foreign market. Restrained by the global financial crisis, the protectionism in international trade and green barriers, the foreign orders for finished fabrics were not enough in the European and American markets, as well as the foreign orders for garment received by garment factories. The inadequate fabric purchase of garment factories caused to a small increase in the sales volumes, no large increase can be forecast. In the recent market, the sales in early-winter thick wool-like fabrics whose main material was T/R blended yarns partially become active with steady and rising prices. The steam, singed, calendered polyester wool-like fabrics in 480—550 g/m, mainly made by T/R65/35yarn 20S, 21S, 30S, 32S, 40S and 45S, were favored by target customers in each secondary market and garment factories. The purchase for small quantities of different varieties interacted with medium-sized orders, which also highlighted in the recent men’s wear fabrics market.
The price index on cotton fabrics ended at 105.24 points, down by 0.41% from last issue. The recent cotton fabric sales in China textile city markets went well and dull. As the season changed, the sales in autumn fabrics dropped down. Owing to the inadequate thickness of autumn cotton fabrics, the daily transactions shrank. But the sales in early-winter thick fabrics became relatively active, a brisk market was highlighted. In this period, conventional cotton apparel fabrics, casual cotton apparel fabrics, fashion cotton fabrics and cotton yarn-dyed apparel fabrics partially sell well, but the whole market goes well and dull with insufficient sales volume. The sales in winter cotton corduroy used for two purposes are active, particularly cotton carded yarn 16SX12S, 64X128 8-wale dyed corduroy, 6-wale dyed corduroy, 16-wale dyed corduroy and 21-wale dyed corduroy. The thick printed corduroy is also favored by target buyers. Since the temperature dropped rapidly in some Northeast areas, some Northwest areas and the northern part of Xinjiang province, the demand for thermal fabrics starts to increase. In the recent market, the conventional apparel fabrics made in Shandong, Hebei, Anhui and other places, such as cotton drill, cotton canvas, cotton faille and cotton satin brocade mainly made by 10S—21S cotton yarns, interacted between the dyed fabrics and the printed fabrics. These products are welcomed by target buyers. The spot transaction and order-sending go smoothly. The orders with relatively high requirement on the printing and dyeing process are sent actively. Some large business salesrooms and cloth companies receive and send orders smoothly.
Apparel linings remained a good sale, the whole trade shrank slightly
The price index on apparel linings closed at 95.74 points, down by 0.09% from last issue. Recently, the sales volume in apparel linings in China textile city dropped down slightly from last week. The actual trading prices of\ main polyester lining categories including polyester taffeta, poly trilobal, five-heddle satin kept steady for adequate grey cloths in market business households and salesrooms. Various polyester linings all have some sales. The dyed, printed and coated products such as polyester taffeta, poly trilobal, five-heddle satin and eigh-heddle satin, and polyester pongee interact mutually. The sales go well. In the recent market, linings are sold briskly, quality finished linings are ordered actively by target garment manufacturing companies, large business operators renting machines still have the advantage in the sales. In these days, polyester taffeta, poly tribobal and five-heddle satin partially are sold actively. Large salesrooms still sell products in large quantities. Some big operators renting machines have an increase in batches for the sales network of target old customers. The spot prices start to go firmly. On Oct. 5, since the prices of polyester filament stopped the decline and rebounded, the prices of polyester filament lining grey cloths and the order prices of finished linings remain firm, and the spot price of polyester filament also keep steady. But some small and medium-sized business households have a dull market in linings. Affected by the international trade protectionism, garment manufacturing companies receive less foreign orders. Due to less demand for linings, the whole trade in linings declines slightly from last week. Some large salesrooms having the sales network of target customers goes relatively well in spot transaction and order-sending, but some small business households continue the slack business for lack of target buyers, and part of small and medium-sized business households basically keep steady prices in cash transactions.
The sales volume of the whole China textile city market is expected to climb slightly next week. Some Shaoxing textile companies and China textile city cloth companies obtain many orders through participating in the exhibition. Therefore, the sales volume of the whole market tends to climb up slightly next week. In the coming week, target buyers will continue to purchase and place more orders for autumn and winter fabrics, so the purchase for early-winter thick fabrics will increase as well as the orders. The sales in early-winter multi-chemical fiber wool-like, T/R wool-like and cotton fabrics, T/C fabrics, T/N fashion fabrics, T/N corduroy, cotton corduroy, polyester/spandex fabrics and polyester/wool fabrics continue to go well; the orders fro spring fabrics will increase next week. It is forecast that the sales volume of the whole China textile city market continues to climb up.
Top 10 Categories in Rising
Top 10 Categories in Falling
1 Viscose
2.29%
1 Laces
-1.45%
2 Blended
1.63%
2 Polyester/Wool Fabrics
-1.32%
3 Fashion Fabrics
1.12%
3 Polyester Fabrics
-0.55%
4 T/R Fabrics
0.45%
4 Cotton Fabrics
-0.41%
5 Lining Materials
0.42%
5 T/C Fabrics
-0.27%
6 Polyester
0.31%
6 Curtains
-0.16%
7 Belts
0.15%
7 Thread & Rope
-0.15%
8 Cotton/Ramie
0.14%
8 Natural Fiber Grey Cloths
-0.14%
9 Polyester/Nylon Fabrics
0.12%
9 Apparel Linings
-0.09%
10 Other Chemical Fiber
0.06%
10 Bedding Sets
-0.07%
In this issue, the price indices on viscose category, blended category, fashion fabrics, T/R fabrics and lining materials 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, polyester/wool fabrics, polyester fabrics, cotton fabrics and T/C 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.
