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 20100503 issue of "China•Keqiao Textile Index" closed at 95.77 points, up by 0.04% from last issue.The first product category showed: the price indices on raw materials and home textile rose up, pushing the price index on the general category to climb slightly; however, the price index on grey cloths, apparel fabrics and fashion accessories declined slightly, relatively restraining the growth rate of the price index of the general category.
1. The price index on raw materials advanced, each category went up and down.
The price index on raw materials closed at 90.68 points, up by 0.33% from last issue and tending to rise slightly. In it, the price index on polyester category closed at 86.02 points, up by 0.62%. On April 26, polyester filament market in Jiangsu and Zhejiang continued to go up, filament price quoted by some manufacturers rose about 100—200 yuan/ton, some factories raised the prices about 300—500 yuan/ton, the factories in the down chain were very cautious toward the high prices. On April 26, polyester filament in Xiaoshan and Shaoxing sold relatively well, the whole market was getting warmer. Polyester filament manufacturers raised the quotations, but the stock was still limited. As the demand of weaving factories increased, polyester FDY fine denier filament partially sold well. FDY bright fiber sold actively, the market tended to go up. On April 30, the whole market in Jiangsu and Zhejiang weakened, the prices of some varieties went quite differently. People held a strong wait-and-see sentiment on polyester filament market, leading the production and marketing to drop. On April 30, the whole polyester filament market in Xiaoshan and Shaoxing continued to go stagnant. Due to no good business in PTA and MEG market, the polyester filament market in Xiaoshan and Shaoxing market went dull as well as the production and marketing. Sellers mainly took a wait-and-see attitude.
The price index on viscose category closed at 94.16 points, down by 0.35%. Recently, viscose staples continued to go weakly at declining prices. Yarn factories were very cautious toward the market, causing to the dull sales. Factories tended to keep more products in stock. To viscose staple 1.5DX38MM, the quotation was about 20240 yuan/ton on April 26, and about 19800—19830 yuan/ton till April 30. From April 26 to April 28, the quotation of cotton short fibers was about 8100 yuan/ton; from the 29th to the 30th , the quotation of cotton pulp was about 8050 yuan/ton. From the 26th to the 29th, the quotation of cotton pulp was about 13900 yuan/ton, about 13800 yuan/ton on the 30th. The whole rayon market in Xiaoshan and Shaoxing was getting weakening, factories in the down chain purchased products cautiously, so the actual trading prices dropped dramatically.
2. The price index on grey cloths declined slightly, each category went up and down.
The price index on grey cloths closed at 94.33 points, down by 0.20% from last issue, tending to decline. Analysed from the market, in this issue, blended fiber grey cloths of this category dropped 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 decline slightly. The price index on chemical fiber grey cloths dropped slightly. The decrease in the sales volumes and prices of polyester grey cloths, polyester/ramie grey cloths and polyester satin grey cloths pushed the price index on this category to go down. The price index on natural fiber grey cloths kept the same as before. The sales in cotton grey cloths basically kept steady in the unit prices, causing the price index on this category to remain the same as that of last issue.
3. The price index on apparel fabrics dropped slightly, the sales in spring fabrics shrank back in fluctuation.
The price index on apparel fabrics closed at 100.59 points, down by 0.10% and tending to decline slightly. In it, the price index on T/C fabrics closed at 90.53 points, down by 0.16%. In the recent China textile city markets, the sales in spring T/C fabrics are inadequate, the daily transactions declined slightly compared with the previous period. Due to May Day holiday, the spot transactions shrank. Some large salesrooms and cloths companies push more summer finished T/C blended fabrics into market on hope of attracting more orders. High quality T/C fabrics made by T/C80/20 yarns are ordered actively, but the spring fabrics used to make school uniform, working clothes, leisure wear and professional clothes are sold inadequately. Some cloths companies and large salesrooms receive order actively in summer T/C fabrics made by T/C65/35 yarn and T/C80/20 yarn. To this series of fabrics, affected by the appreciation of RMB, some small trading companies felt the difficulty in receiving orders. Some small and medium-sized households in traditional trade areas have slack business. The spot trade and orders are all decreasing, the prices declined slightly in a steady trend.
The price index on polyester fabrics closed at 95.54 points, up by 0.09% from last issue. Recently, summer thin polyester filament printed fabrics especially rotary screen printed fabrics and plate screen printed fabrics increased day after day, target customers purchase goods and place orders actively, the sales volumes climbed daily. Polyester filament thin printed fabrics are sold wider. The fabrics in the market are in different designs and styles, following the international and domestic fashion trend. The creative updated printed chiffon fabrics increase in the market, the orders for different fabrics rise up. As the polyester filament prices continue to go up steadily, particularly FDY fine denier filament, advance obviously, the summer thin fabrics made by FDY fine denier filaments have a slight increase in spot transactions and order prices.
4. The price index on home textile climbed slightly, each category went up and down.
The price index on home textile closed at 95.01 points, up by 0.23% in a rebounding trend. In it, the price index on curtain gauzes closed at 90.40 points, up by 0.82%. In the recent China textile city markets, as the spot goods of curtain gauzes increase, target customers place more orders, leading to a slight rebound in the orders for curtain gauzes. Large salesrooms have the advantage in marketing. Part of large business operators obtain more large transactions in different kinds of nylon/polyester or all polyester embroidered curtain gauzes in extra width. The curtain gauze trade is mainly done in various creative fabrics. Some cloths companies with a shop in front and a factory behind and large business households do the business in large quantities. Part of salesrooms obtained large orders for nylon/polyester and all polyester dyed, printed, jacquard or bleached varieties. As the prices of polyester filament and nylon fiber go up, the prices of polyester filament and nylon/polyester curtain gauzes grey cloths advance slightly. Up to now, the prices of polyester and nylon/polyester curtain gauzes rise steadily in China textile city home textile market, the prices of some creative curtain gauzes go up slightly.
The price index on bedding sets closed at 91.47 points, down by 0.16% from last issue. In the recent market, some large salesrooms have brisk business in bedding sets, but the spot trade is inadequate; cotton satin bedspread, cotton embroidered bedspread, cotton reactive printed ticking fabrics and cotton pigment printed bedspread interact with each other in small quantities of different kinds, but some small and medium-size business households are lacking of spot transactions. Some new-style bedspreads mainly polyester pongee and peach skin are sold largely, but no enough trade in small and medium-size households. The spot prices of staple goods dropped slightly, driving the price index to go down.
5. The price index on fashion accessories decreased slightly, each category went up and dull.
The price index on fashion accessories closed at 92.87 points, down by 0.07% and tending to decline slightly. In it, the price index on apparel linings closed at 89.32 points, down by 0.30%. In the recent market, polyester filament apparel linings are sold actively, some professional operators renting machines and trading companies still can obtain domestic and foreign orders. 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. Partial small and medium-sized business households have insufficient spot trade in linings and send limited orders. The sales in apparel linings went up and dull, the trade went quilt differently. At present, since garment manufacturers reduce the production of spring clothes, the demands for apparel linings are limited. More lining grey cloths and finished spot goods come into the market. In Xiaoshan and Shaoxing, printing and dyeing companies decline the processing of printing and dyeing. Some small salesrooms in traditional markets have dull business. To the whole market, the sales in poly trilobal, polyester taffeta, satin and five-heddle satin ranked ahead among apparel linings of China textile city.
Future Forecast
China Keqiao International Textiles, Fabrics and Accessories Exhibition 2010 (spring) will be held in the international exhibition center, China textile city on May 6 to May 8. At that time, the buyers all over the world will converge in China textile city, so domestic and foreign orders having high additional values will increase. Therefore, the whole market of China textile city will continue to go up, the spot transactions in traditional trade areas and delivery volume in corporatization trade areas will go up, the creative fabrics will continue to dominate the market. It is expected that the sales in summer apparel fabrics and home textile fabrics will keep increasing, the trade in summer polyester fabrics, cotton fabrics, rayon fabrics, T/C fabrics and polyester/nylon fashion fabrics, nylon/cotton fashion fabrics will continue to rise. The spot transactions and orders in creative fabrics will increase further, the domestic demand will recover, foreign orders increase. The turnover of China textile market will rise in a certain degree next week. The price index on general category will climb higher.
Top 10 Categories in Rising
Top 10 Categories in Falling
1 Laces
1.41%
1 Fashion Fabrics
-1.70%
2 Other Chemical Fibers
0.97%
2 Viscose/Wool Fabrics
-1.68%
3 Curtain Gauzes
0.82%
3 Lining Materials
-1.30%
4 Polyester/Spandex Fabrics
0.78%
4 Polyester/Wool Fabrics
-0.57%
5 Polyester
0.62%
5 Blended Fiber Grey Cloths
-0.52%
6 T/R Fabrics
0.44%
6 Polyester/Nylon Fabrics
-0.43%
7 Nylon Fabrics
0.30%
7 Viscose
-0.35%
8 Thread & Rope
0.27%
8 Apparel Linings
-0.30%
9 Cotton/Ramie
0.26%
9 Bedding Sets
-0.16%
10 Cotton Fabrics
0.18%
10 T/C Fabrics
-0.16%
In this issue, the price indices on laces, other chemical fiber, curtain gauzes, polyester/spandex fabrics and polyester 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 fashion fabrics, viscose/wool fabrics, lining materials, polyester/wool fabrics 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.
