Market Review
Recently, 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 20100426 issue of "China•Keqiao Textile Index" closed at 95.73 points, up by 0.10% from last issue.The first product category showed: the price indices on raw materials, grey cloths, home textile and fashion accessories rose up, pushing the price index on the general category to climb slightly; however, the price index on apparel fabrics declined, relatively restraining the growth rate of the price index of the general category.
1. The price index on raw materials continued to go up, each category went well and dull.
The price index on raw materials closed at 90.38 points, up by 0.40% from last issue and tending to rise slightly. In it, the price index on polyester category closed at 85.49 points, up by 0.96%. On April 19, polyester filament market in Jiangsu and Zhejiang continued to go up, the prices of polyester filament moved up, the rising rate of filament price quoted by some manufacturers was about 100—300 yuan/ton. On April 19, the whole polyester filament market in Xiaoshan and Shaoxing seemed to go quietly with relatively steady prices, polyester filament prices went relatively steadily, polyester filament manufacturers had limited inventory. On April 23, the prices partially advanced, particularly FDY. The rising rate of FDY was about 100—300 yuan/ton. The manufacturers making low quotations to POY and DTY raised the prices. On April 23, the whole polyester filament market in Xiaoshan and Shaoxing went relatively smoothly, the market tended to go quietly. Polyester filament manufacturers partially raised the quotations, but polyester filament prices mainly remained stable. Due to the increase in the demand of weaving factories, along with the rise of polyester FDY filament, FDY lustrous fibers sold relatively well, the market tended to go up.
The price index on viscose category closed at 94.49 points, down by 0.13%. Recently, the prices of viscose staples tended to go weakly, and the sales went dull. To viscose staple 1.5DX38MM , the quotation was about 20260 yuan/ton on March 19, and about 20250 yuan/ton till March 23. On March 19, the quotation of cotton short fibers was about 8100 yuan/ton; from the 19th to the 23th the quotation of cotton pulp was about 13900 yuan/ton. Affected by the rise of raw material prices in the upper chain, viscose staple market was at a loss, manufacturers were eager to increase the prices. The meeting of viscose staple industry was held in Xiaoshan, Zhejiang on April 20. The participants expressed that, owing to the high prices of the upper materials, viscose staple prices were hard to lower. The attendee companies agreed to prevent against the low-price competition so as to stabilize the prices of viscose staples, so companies raising prices together was expected by the end of April to Early May. In Xiaoshan and Shaoxing, rayon yarns still sold dull, no enough transactions were achieved. Buyers in the down chain were very cautious toward the purchase, causing the sales to go softly. For these reasons, the actural trading prices were weakening further.
2. The price index on grey cloths rebounded slightly, each category all moved upward.
The price index on grey cloths closed at 94.52 points, up by 0.47% from last issue, tending to rebound. Analysed from the market, in this issue, blended fiber grey cloths of this category rebounded slightly, particularly in T/C grey cloths, T/R grey cloths, nylon/viscose grey cloths , nylon/cotton grey cloths and nylon/cotton/ramie grey cloths . These pushed the price index on grey cloths to rise back slightly. But the price index on chemical fiber grey cloths climbed slightly. The increase in the sales volumes and prices of polyester grey cloths, polyester/ramie grey cloths and polyester satin grey cloths promoted the price index on this category to rise up. The price index on natural fiber grey cloths increased, In it, the sales in cotton grey cloths advanced slightly at relatively higher unit prices, boosting the price index on this category to increase slightly.
3. The price index on apparel fabrics dropped, the transactions in spring and summer fabrics shrank.
The price index on apparel fabrics closed at 100.69 points, down by 0.25% and tending to decline slightly. In it, the price index on cotton fabrics closed at 111.51 points, down by 0.89%. In the recent China textile city markets, the sales in spring and summer cotton fabrics still interacted. Cotton pad-dyed plain, cotton pad-dyed drill, stone-washed cotton carded voile, cotton pad-dyed carded voile, cotton pad-dyed poplin and cotton printed poplin were highly welcomed by customers. The purchase for the products in different designs was relatively active. But some small and medium-size households received inadequate transactions. The market households had relatively competition in some conventional products, so the margin of profits decreased slightly, the sales were in the disadvantageous situation. But some cloths companies with a shop in front and a factory behind, sales department of manufacturing companies, China textile city trading companies and large business salesrooms still received many orders. Up to now, cotton yarn prices varys in a steady trend, but the prices go relatively higher than last year. In the traditional trade area, some cotton conventional products are always sold at low prices for large quantities, but some prices can not be accepted by customers, so the increase in sales volumes of cotton fabrics is restrained. The prices of some conventional finished cotton fabrics partially weakened in the steady trend.
The price index on polyester fabrics closed at 95.45 points, down by 0.07% from last issue. Recently, spring and summer polyester fabrics continue to sell well in China textile city, the creative fabrics were favored by target customers in secondary markets and fashion accessories manufacturers, some sales went smoothly. Printed chiffon fabrics partially interact in different kinds, the trade in creative fabrics is relatively active. However, some small and medium-size households in the traditional market are insufficient, particularly polyester filament printed chiffon crepe, printed Aoli organza and other jet-weaving fabrics. In these days, cloths companies and large salesrooms received many orders for ladies' summer knitted printed T-shirt fabrics, while part of small and medium-size households obtained inadequate spot transactions. Polyester 100D dull FDY—118D dull FDY knitted printed T-shirt fabrics, spandex yarn-covered knitted printed T-shirt two-way stretch and spandex yarn-covered knitted printed T-shirt four-way stretch are ordered actively, while some spot transactions also shrank.
4. The price index on home textile climbed slightly, each category went up and down.
The price index on home textile closed at 94.80 points, up by 0.05% in a slight uptrend. In it, the price index on curtain gauzes closed at 89.67 points, up by 0.17%. In the recent China textile city markets, as the spot transactions increase for more target customers entering the market, the orders are getting more, leading to a slight rebound in the whole sales volume in curtain gauzes. Some sales in creative fabrics go actively, cloths companies with a shop in front and a factory behind and large salesrooms achieved orders actively from their old customers. Some large salesrooms have spot transactions and orders actively in polyester filament and nylon/polyester curtain gauzes. Voile, organza, organdy, three yarns compound, snow organza, terylene and nylon/polyester and all polyester products, and creative products such as bleached, jacquard, embroidered, printed, cutting motif, crinkled and etched-out products sold briskly.
The price index on daily-use home textile closed at 102.85 points, down by 0.07% from last issue. In the recent market, some cloths companies and large salesrooms have good business in cotton daily-use home textile, chemical fiber daily-use home textile fabrics, T/C blended daily-use home textile fabrics and T/R blended daily-use home textile fabrics, but small and medium-size households are lack of transactions, and the spot prices of staple products dropped slightly. For these reasons, the price index declined.
5. The price index on fashion accessories rose up slightly, each category went up and down.
The price index on fashion accessories closed at 92.94 points, up by 0.07% and tending to rise slightly. In it, the price index on apparel linings closed at 89.59 points, up by 0.68%. In the recent market, polyester filament apparel linings are sold actively, some professional operators specializing in lining production and trading companies have an increase in domestic and foreign orders. Some operators renting machines and large salesrooms send orders actively, the spot purchase goes relatively well. Besides the linings used to make suits and leisure clothes, some buyers make large purchase in quality linings. To the whole market, the daily trade in poly trilobal, polyester taffeta, satin and five-heddle satin rank ahead among the apparel linings. At present, the orders for apparel linings are more than the amount of spot transactions, dome cloths companies with a shop in front and a factory behind and large operators renting machines have the advantage in the marketing, and more domestic and foreign orders are received. However, influenced by the appreciation of RMB, sellers felt high pressures in receiving orders for large quantities of conventional polyester linings owing to small profits after making the settlement in US dollars.
Future Forecast
Good business is expected in China textile city, the delivery amount in the traditional trade areas and corporatization trade areas will continue to increase, creative fabrics still dominated the market. The sales in spring and summer fabrics and home textile fabrics are predicted to advance later. The sales in spring and summer polyester fabrics, cotton fabrics, rayon fabrics, T/R wool-like fabrics, T/C blended fabrics, T/N fashion fabrics, N/C fashion fabrics and multi-chemical fiber wool-like fabrics continue to grow. Next week, the spot transactions and delivery amount in creative home textile fabrics will continue to increase, the domestic demand will continue to increase as well as foreign orders. The sales volume of China textile city is predicted to grow, the price index on general category tends to climb up slightly.
Top 10 Categories in Rising
Top 10 Categories in Falling
1 Polyester
0.96%
1 T/R Fabrics
-1.24%
2 Blended Fiber Grey Cloths
0.84%
2 Cotton Fabrics
-0.89%
3 Fashion Fabrics
0.71%
3 Laces
-0.66%
4 Apparel Linings
0.68%
4 Lining Materials
-0.51%
5 Blended
0.51%
5 Polyester/Spandex Fabrics
-0.50%
6 Chemical Fiber Grey Cloths
0.46%
6 Thread & Rope
-0.38%
7 Viscose/Wool Fabrics
0.32%
7 Belts
-0.33%
8 Curtain Gauzes
0.17%
8 Other Chemical Fibers
-0.30%
9 T/C Fabrics
0.04%
9 Polyester/Nylon Fabrics
-0.28%
10 Bedding Sets
0.01%
10 Nylon Fabrics
-0.28%
In this issue, the price indices on polyester category, blended fiber grey cloths, fashion fabrics, 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 T/R fabrics, cotton fabrics, laces, lining materials and polyester/spandex 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.
