Brief Analysis on Price Index 20110919
A. the analysis on the main price indices of textile products:
The price index of issue 20110919 of China Keqiao Textile Index closed at 109.22 points, 0.17% higher than that of the previous issue. The price index rose by 4.34% compared with that at the beginning of this year and up by 13.13% year on year. In this issue, the indices on the first classifications indicated: the price index on raw materials, home textile and apparel fabrics rose slightly, driving the general price index to rise slightly; But the price index on grey cloths and fashion accessories declined, relatively restraining the rising rate of the general price index.
B. the analysis on the operation of price index
1. As the international oil price varies in a high position, the prices of polyester raw materials dropped. The cotton price keeps rising. On Sept. 9, New York Mercantile Exchange light crude oil October futures price closed at US $87.24/gallon, and the futures closed at US $ 87.96/gallon on Sept. 16; On Sept. 9, London Brent crude oil October futures price closed at US $112.77/gallon, and the futures price closed at US $112.22/gallon on Sept. 16. As the international crude oil price fluctuated in a high position, the prices of polyester raw materials declined. For instance, the spot price of PTA in east China was 10500 yuan/ton on Sept. 9 at the lowest, and 10400 yuan/ton on Sept. 16; the spot price of MEG was 10350 yuan/ton on Sept. 9, and went to 10150 yuan/ton on Sept. 16. In Jiangsu and Zhejiang, the spot price of semi-dull chips was 13050 yuan/ton on Sept. 9, and 13150 yuan/ton on Sept. 16. The price tended to go up. The domestic cotton price continued to rise up. With the support of reserve price, the cotton price kept going up. For instant , the quotation of the domestic 328 cotton closed at 19620 yuan/ton on Sept. 9 and 19738 yuan/ton on Sept. 16, which rose 118 yuan/ton; the quotation of 229 cotton closed at 21163 yuan/ton on Sept. 9, and 21310 yuan/ton on Sept. 16, which rose 147 yuan/ton.
2. Mass products are lacking of independent brands, Keqiao fabrics are shown in Dalian Garment and Textile Fair. 1) Adverse factors increased. At presennt, the main reason that troubled small and medium-sized garment factories is lacking of money and the tightening money policy. Most of small and medium-sized companies can not loan money from banks. Financing is always the problem difficult to solve. The basic problem is that our country's textile and clothing industry is lacking of independent brands and the competitive power, so it appears very weak due to the influence of the external factors. Our textile and clothing industry is the traditional industry. It has been developing for a long time. It has formed colmplete supporting industrial facilities and traditional process. But garment facotries always process products for others, and lack of independent brands. 2)In order to promote the communication of fabrics of China textile city and Dalian Clothing Industry and the economic and trade between the north and the south, China textile city signed the long-term cooperative agreement with Dalian international garment and textile fair a few days ago on sharing information, activity promotion, attending exhibition and the matching activity of fabrics cover the whole world etc. to build the most competitive cooperative areas. Dalian International Garment & Textile Fair is the first national apparel fair approved by the international exhibition association and the key event in the domestic apparel festival. Recently, the fair opened in Dalian, a coastal city. China textile city organized ten fabric enterprises of Keqiao for the first time to attend the fair and held the matching activity of fabrics cover the whole world . The fair provided the international negotiation area specially for the sellers of China textile city. In the three days, dealers achieved a good result. Dongdi Textile and Weite Textile obtained orders on the first day, and other sellers also met many clients who intended to buy products.
3. The prices of cotton yarns went up steadily. Recently, the cotton price continues to go up. The reserve price boosts the price of spot goods. After Mid-autumn Day, the spot price of cotton continues to rise up, the prices of cotton yarns increase commonly with the drive of the prices of raw materials. Particularly, after the holiday, the prices of cotton yarns increase partially, cotton spinning market is getting more active. Quotations of cotton yarns keep rising, but cotton yarns sell dull basically, the supply of cotton yarns still exceeds the demand. In Xiaoshan and Shaoxing, cotton yarns market still remains weak, the prices keep stable or rise up. Some low-price products continue to go up, and the transactions are not sufficient. In Qianqing Raw Materials Market of China textile city, first-grade 21S knitted cotton yarns made by Shandong Jinfeng was quoted at 25000 yuan/ton on Sept. 9, and rose to 25500 yuan/ton on Sept. 16 (rise 500 yuan/ton). 32S first-class high composition cotton yarn made by Shandong Yinhua was quoted at 27500 yuan/ton on Sept. 9, and it went down to 28500 yuan/ton on Sept. 16 (rose 1000 yuan/ton).
4. The sales in grey cloths declined slightly. Recently, the transactions in grey cloths in China textile city dropped, grey cloths sell dull in China textile city. The sales in chemical fiber grey cloths declined slightly, the daily transaction dropped, and the prices declined slightly. Thin grey cloths continued to sell dull, the sales in autumn mid-thick grey cloths went down. The prices of spot goods in ordinary specification decline slightly. All these markets caused to a decline of the price index on grey cloths. However, the sales in natural fiber grey cloths and blended fiber grey cloths rose up, and the prices improved, relatively restraining the falling rate of the price index on grey cloths.
5. The price index on apparel fabrics rose back slightly, the sales in autumn clothes fabrics increased. To the whole market, autumn clothes fabrics continued to increase in the market, the varieties of autumn fabrics increased. The fabric composition was developed from one single composition to multiple composition, the fabrics in creative designs sell well day after day, and the added-value of new products continue to improve compared with that of staple goods. In target autumn clothes fabrics, printed fabrics interact with dyed fabrics. Various fabrics win the market for good quality. In apparel fabrics, cotton fabrics, T/C fabrics, polyester/wool fabrics, polyester/nylon fabrics, polyester/spandex fabrics and viscose fabrics sell well. The prices and sales volumes of target autumn clothes fabrics rise up, driving the price index on apparel fabrics to rise slightly.
C. the outlook of next week s price index
It is expected that the autumn clothes fabric sales in the traditional trade area and corporatisation trade area will continue to increase, and the creative autumn clothes fabrics are predicted to sell well further. Some cloths companies with a shop in front and a factory behind and large salesrooms continue to have good business in autumn clothes fabrics, it is expected that the price index on apparel fabrics will rise up slightly, more creative fabrics samples will enter the market, the spot purchase and orders will keep increasing, the prices of new fabrics improve compared with that of the staple products.
Top 10 Categories in Rising
Top 10 Categories in Falling
1 T/C Fabrics
1.35%
1 Laces
-2.98%
2 Apparel Linings
1.29%
2 Thread & Rope
-1.39%
3 Polyester/Wool Fabrics
1.27%
3 Viscose/Wool Fabrics
-1.33%
4 Polyester
1.06%
4 Nylon/Cotton Fabrics
-1.12%
5 Viscose Fabrics
0.54%
5 Fashion Fabrics
-1.08%
6 Cotton Fabrics
0.51%
6 Lining Materials
-0.58%
7 Polyester/Nylon Fabrics
0.40%
7 Nylon Fabrics
-0.46%
8 Blended Fiber Grey Cloths
0.25%
8 Blended
-0.40%
9 Daily-use Home Textile
0.22%
9 Belts
-0.33%
10 Cotton/Ramie
0.19%
10 Chemical Fiber Grey Cloths
-0.27%
In this issue, the price indices on T/C fabrics, apparel linings, polyester/wool fabrics, polyester category and viscose fabrics 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, thread & rope, viscose/wool fabrics, nylon/cotton fabrics and fashion 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.
