—Brief Analysis on Price Index 20100909
Market Review
Recently, collected from 15 professional markets of China Textile City, according to the sample-data supervision and analysis on nearly 1200 representative products, the price index of issue 20100906 of "China • Keqiao Textile Index" closed at 95.91 points, down by 0.05% from last issue. The first product category showed: the price indices on raw materials, apparel fabrics and home textile went down, causing the price index on the general category to drop slightly; but the price index on grey cloths and fashion accessories went up, relatively restraining the falling rate of the price index on the general category.
1. The price index on raw materials declined slightly, each sub-category went up and down.
The price index on raw materials closed at 90.48 points, down by 0.11% from the previous issue in a downtrend. In it, the price index on polyester category closed at 84.56 points, down by 0.07%. On Aug.30, the polyester yarns market in Jiangsu and Zhejiang rose slowly in some areas, and the whole market fluctuated slightly. The quotation of polyester yarns in Xiaoshan and Shaoxing basically kept steady. Factories indicated that the production and sale fell sharply in the two holidays. The people in the down chain held a strong wait-and-see attitude. On Aug. 31, polyester yarn market tends to go up and down. The prices of FDY rose slightly, the prices of POY partially declined. On Sept. 1, the market tended to go down. The prices of FDY dropped, the quotations of DTY and POY kept stagnant, but the actual transaction increased due to the preferential prices for the sales promotion. On Sept. 2, the polyester yarns market in Jiangsu and Zhejiang declined slowly and fluctuated in a narrow range. The main yarn spinning factories made steady quotations, but the sale continue to go well for the preferential prices. Affected by the limit on electricity consumption, weaving factories and spandex-added companies held a stronger wait-and-see sentiment. They purchase polyester yarns according to the demand, so the stock basically appeared. Some weaving factories mainly digested the stock prepared in advance. On Sept. 3, the market basically remained stable. The main yarn spinning factories quoted steady prices. Most of prices remain steady. The prices of some products were adjusted according to the sales and stock. The market went up and down.
The price index on viscose category closed at 93.93 points, up by 0.24% from the previous issue. Recently, viscose staples sell well. The stock of companies is declining day after day. Some companies tend to have short supply. As yarn spinning factories purchase products in appropriate quantities, the quotations continue to advance. Up to now, the quotation of high grade 1.5D viscose staples was about 18300 yuan/ton, middle-grade 1.5D viscose staples about 18100—18200 yuan/ton. In the south, viscose staple market sells briskly. However, due to the limit in the purchase, most companies in the down chain replenish products. Owing to the limit on electricity consumption, the companies in the down chain have limited purchase, and the prices rise slightly. The main quotations of viscose staple 1.5D×38MM was about 17750 yuan/ton, and about 18000 yuan/ton till Sept. 3.
2. The price index on grey cloths rose back slightly, all the sub-categories rebounded.
The price index on grey cloths closed at 94.25 points, up by0.26% from the previous issue in a slight rebound. According to the reflection of the market, in this issue, the price index on blended fiber grey cloths rebounded slightly. In it, the sales in T/C grey cloths, T/R grey cloths, nylon/viscose grey cloths, nylon/cotton grey cloths and nylon/cotton/ramie grey cloths increased with slightly rising prices, driving the price index on the general category to rebound. The price index on chemical fiber grey cloths rose back slightly. Particularly, the sales in polyester grey cloths, polyester/ramie grey cloths, polyester satin grey cloths and other grey cloths rose slightly with rising prices, which drove the price index on the general category to rebound. The price index on natural fiber grey cloths rose slightly. The sales in cotton grey cloths increased with rising prices, causing the price index on the general category to rise back slightly.
3. The price index on apparel fabrics declined slightly. The limit on the electricity consumption made the production of autumn and winter orders delay.
The price index on apparel fabrics closed at 101.03 points, down by 0.08% in a downtrend. In it, the price index on T/C fabrics closed at 91.13 points, down by 0.23%. In the recent market of China textile city, the sales for small quantities of various thin T/C65/35 yarn and T/C80/20 yarn 45S×45 fabrics used to make autumn shirts go up and down, and no large quantities of thin T/C blended fabrics are sold. In the traditional market, to thin T/C blended fabrics processed by dyeing, pad-dyeing and printing, the batches of spot transaction decline, the sales volumes are small, the prices mainly keep steady, but preferential prices still can be offered to some spot transactions. Up to now, all kinds of thin T/C blended apparel fabrics are sold insufficiently in China textile city, but the quotations remain steady, and the sales tend to go weakly. However, autumn and winter mid-thick T/C grey cloths partially are sold with different fabrics. Sometimes, the orders for medium-sized quantities are obtained. Some large salesrooms receive large foreign orders. In the traditional market, autumn and winter mid-thick 21S×21S blended apparel fabrics processed by dyeing, pad-dyeing and printing are sold smoothly in small quantities and many batches.
The price index on polyester/spandex fabrics closed at 100.38 points, down by 1.14%. Affected by the limit on electricity consumption, the operating rate of weaving factories in Xiaoshan and Shaoxing is inadequate. The delayed finish of autumn and winter polyester/spandex fabric orders in China textile city caused the sales volumes of such kind of fabrics to fluctuate in a downtrend. The sales in autumn and winter polyester/spandex fabrics partially go well. To cationic double-tone viscose striped 4-way stretch, cationic mixed-tone viscose striped 4-way stretch, viscose color striped 4-way stretch, viscose mixed-color striped 4-way stretch, filament satin 4-way stretch and wool satin 4-way stretch, the sales for small quantities of different kinds still go well in salesrooms. As more autumn and winter polyester/spandex fabrics come into the market, such as warp embedded viscose stripe, color paillette stripe, fancy stripe, satin stripe, tinsel stripe, CVC stripe and DTY color yarn-dyed stripe, twisted shadow stripe and shadow check casual weft stretch and 4-way stretch, the sales tend to go smoothly.
4. The price index on home textile dropped slightly, each sub-category went up and down.
The price index on home textile closed at 94.88 points, down by 0.44% from the previous issue and tending to decline slightly. In it, the price index on curtain gauzes closed at 90.08 points, down by 1.21%. Recently, in the home textile market of China textile city, target customers purchase less products, so the orders decrease rapidly, causing the whole sales volume of curtain gauzes to decline. But new-style fabrics partially sell well, some cloths companies with a shop in front and a factory behind and large salesrooms obtain many orders from old customers. New-style fabrics continue to dominate the market. 20D—30D terylene, nylon/polyester voile, nylon/polyester organza, nylon/polyester snow gauzes, nylon/polyester double-patch stripe, nylon/polyester three yarns compound and other special gauzes, the jacquard, embroidered, printed, cutting motif, crinkled and etched-out are purchased by target customers, the salesrooms send orders actively, new-style fabrics dominate the market. Due to the influence of the limited electricity consumption, the production of curtain gauzes delayed, leading the sales to decline.
The price index on daily-use home textile closed at 91.75 points, up by 0.05% from the previous issue. Recently, in home textile market of China textile city, some large salesrooms have brisk business. Cotton jacquard bed sheet, cotton satin bed sheet, cotton embroidered bed sheet, cotton reactive printed ticking and cotton pigment printed bed sheet start to sell well in different quantities of various products. Some large shops have good business in creative fabrics, and the prices increase compared with that of staple goods.
5. The price index on fashion accessories rose slightly, all the categories went up and down.
The price index on fashion accessories closed at 95.22 points, up by 0.34% from the previous issue in a slight rise. Recently, in China textile city, the spot purchase and orders in apparel linings increase slightly, and the whole trade in linings rises higher than before. Big business operators renting machines have the advantage in marketing. Due to the limited electricity consumption and lack of labors, the operating rate of weaving factories is not sufficient, causing to the short supply of linings and a slight rise of prices. Garment manufacturers and processing factories around the country have started the mass production of autumn and winter clothes. The main products of large business operators renting machines partially sell well, some shops have active business in target-color products. In it, the sales in polyester taffeta, poly trilobal, five-heddle satin and water-jet satin have a slight increase in the batches, some big operators renting machines obtain more business due to having the sales network of old target customers.
Future Forecast
As the temperature goes lower, more autumn and winter creative fabrics will come into the market, and orders will increase further. The orders for polyester/nylon fabrics, nylon/cotton fabrics, T/R wool-like, polyester/spandex stretch and conventional cotton fabrics, cotton printed fabrics, casual cotton fabrics, polyester/nylon stretch corduroy, conventional T/C fabrics, T/C printed fabrics, warp knitted printed sheared velvet, knitted printed double-faced fleece, knitted printed single-faced fleece and knitted dyed polar fleece will continue to increase. Affected by the limited electricity consumption and lack of labors, the operating rate of weaving factories is not adequate. More autumn and winter fabrics come into the market, and the orders for winter and autumn fabrics continue to increase. But the finish of production has to delay. The sales volume of China textile city markets is expected to fluctuate in a slight uptrend, but the rising rate will slow down.
Top 10 Categories in Rising
Top 10 Categories in Falling
1 Lining Materials
2.87%
1 Laces
-1.40%
2 Nylon Fabrics
2.68%
2 Curtain Gauze
-1.21%
3 Blended Fiber Grey Cloths
0.74%
3 Polyester/Spandex Fabrics
-1.14%
4 Polyester/Wool Fabrics
0.56%
4 Viscose Fabrics
-1.07%
5 Apparel Linings
0.47%
5 Thread & Rope
-0.93%
6 Polyester Fabrics
0.30%
6 Cotton Fabrics
-0.57%
7 Viscose
0.24%
7 Blended
-0.39%
8 Belts
0.18%
8 Polyester/Nylon Fabrics
-0.38%
9 Viscose/Wool Fabrics
0.14%
9 Cotton/Ramie
-0.34%
10 Nylon/Cotton Fabrics
0.09%
10 Polyester/Cotton Fabrics
-0.23%
In this issue, the price indices on lining materials, nylon fabrics, blended fiber grey cloths, polyester/wool fabrics 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, curtain gauzes, polyester/spandex fabrics, viscose fabrics and thread & rope 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.
