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Total Turnover Increased Slightly, Price Index Climbed Up

Total Turnover Increased Slightly, Price Index Climbed Up

Write: Rearden [2011-05-20]

——Brief Analysis on Price Index 20090413

In the period of Apr. 6 to Apr. 12, especially after the Tomb-sweeping Day, there had a slight increase in the subscription from all customers in each professional markets of China Textile City, so did spot transactions and order sending. The total market turnover presented a rise a in the trend. Analysed on the whole trend of each professional market of China Textile City, it mainly reflected that in apparel fabrics, the sales in mid-heavy spring fabrics due to the gradually saturated demand in all garment factories were undersold in parts of spot goods in stock, as the early-summer mid-heavy and light fabrics came into the market, the turnover of spring market went well and dull. In it, parts of spot transactions and order sending on fashion fabrics, ramie/viscose fabrics and polyester/nylon fabrics grew in different degrees, while the sales in the mid-heavy spring products of polyester fabrics, T/C fabrics, polyester/wool fabrics and polyester/spandex fabrics tended to decline in daily trade owing to the temporary saturation in demand in all garment factories, and parts of spot goods in stock were undersold. Home textile sold well in partial areas, but the whole market turnover went well and stagnant. Spot transactions and order sending in curtain gauzes and bedding sets increased slightly, the new-style innovative fabrics were still favored by the target domestic and foreign customers; the turnover in curtains and daily-use home textile dropped down slightly, but the new-style fabrics in innovative patterns dominated the market. The whole transaction in fashion accessories climbed up apparently, while the turnover of each sub-classification went up and down, the spot transactions and order sending in lining materials, thread & rope and apparel linings had a slight growth, while belts and laces sold insufficiently, the sales volumes declined in some degree. According to the sample-data supervision and analysis on nearly 1000 representative products, the price index of the issue 20090413 of "China·Keqiao Textile Index" closed at 90.60 points, up 0.18% from last issue. The first classification showed: the price indices on raw materials, grey cloths, apparel fabrics, home textile and fashion accessories rose up in different degrees, driving the general price index to climb up in a narrow range. In it, the price index on raw materials closed at 79.70 points, up 0.15% from last issue; grey cloths closed at 92.86 points, up 0.15%; apparel fabrics closed at 97.09 points,up 0.29%; home textile closed at 94.55 points, up 0.21%; fashion accessories closed at 99.69 points, up 1.16%.

Some materials sold well, pulling the price index to climb up slightly

The price index on raw materials closed at 79.70 points, up 0.15% from last issue. The secondary classification of other chemical fiber products, polyester products and cotton/ramie products sold well in partial areas, pulling the price index on raw materials to climb up slightly. However, the turnovers in viscose products and blended products were not inadequate, the classified price index still dropped down slightly. In it, the price index on other chemical fiber products closed at 71.14 points, up 0.18% from last issue. As the price of caprolactam the raw material of nylon in the up stream rose, the market price of nylon chips was lift up; Under the cost pressure, nylon filament manufactures raised the Ex-factory prices, so the prices tended to go stronger and the whole market demand had the room to warm back. Recently, the market of the upper raw material acrylonitrile temporarily goes steadily, traders have a strong sentiment of selling products, but the price is relatively high; In these days, acrylic filament manufacturers quote a temporarily stable price. However, influenced by the shortage of supply, parts of trading companies and middle-men tend to make a high quotation. There has a good market in spot goods, some hot-sale products haverelatively high prices, but the main part of mainstream products remain steady. With the support of stable production and sales in some large textile companies, the total turnover of spandex market keeps steady, and the whole market continues to be consolidated in steady trend, the sales in partial low-price products growing slightly; thanks to the increase in delivery, spandex manufactures raise the output to some extent. Due to the stock pressure in parts of weaving factories, spandex purchase appears to slow down. The price index on viscose products closed at 74.16 points, down by 0.11% from the previous issue.

The market prices of viscose staples are easing off this week, the whole market continues to slow down. However, the recent market prices of viscose staples stay steady, parts of manufacturers appear a tight supply in some varieties, 1.2D viscose staples present a good market in partial areas; rayon yarn market acts relatively softly, suppliers got a strong sentiment to sell products. Due to the shortage of foreign orders, weaving factories in the down stream slow down their purchase, leading to a slight decline in sales volume compared with that of last week; The whole rayon yarn market in the down stream dropped lower than that of last week, the sales tended to slow down slightly, the whole sales volume on rayon yarns fell down slightly, goods delivery mainly going flatly and factories having a strong mind to sell products, however, some hot-sale products kept stable and firm unit price, the quotations of rayon yarns was getting lower. The price index on blended products closed at 82.89 points, 0.44% lower that that of last week. The insufficient foreign orders and limited domestic demand resulted in a slight decline in the price index on blended products; the turnover on T/C blended yarns appeared inadequate and the quotations mainly went flatly, but the prices and sales volumes tended to weaken, a high pressure in yarn marketing; polyester/viscose blended yarns were not optimistic on the sales, high-count yarns got less sales; cationic viscose blended yarns had limited trade which tended to be weak and soft for less foreign orders.

Polyester materials tended to be consolidated after the rise, the price index climbing up slightly

The price index on polyester products closed at 73.80 points, 0.22% higher than that of last issue. From Apr. 6 to Apr. 8, the upper polyester material market remained relatively firm. The sales in PTA and MEG increased slightly, but some buyers kept the increasing strong watch-and-see attitude, sellers were reluctant to sell products at low prices. Polyester chips, due to high costs, were quoted at higher prices by factories, but the market slowed down compare with the uptrend of the previous issue; the main part of semi-dull chips prices in Jiangsu and Zhejiang moved upward, but the sales of the down stream appeared the apparent slowdown, buyers held a strong watch-and-see attitude. In Xiaoshan and Shaoxing region, the whole polyester filament market continued to go up slightly, relatively slower than that of last issue, some companies quoting relatively low prices quoted for higher prices, but the sales slowed down, the production and sales tended to go flatly and tenderly.Thanks to the firm trend of the upper raw material, POY filaments were quoted by some factories at higher prices, but the production and sales went relatively slowly; The quotations on DTY filaments were also raised higher. However, the production and sales tended to go flatly and tenderly, the prices were expected to go slowly in the growth; The main part of FDY filaments remained steady and firm, but the growth rate went relatively slow.

From the 9th to the 10th , the upper polyester material market went tenderly, polyester chips market appeared to go flatly, however, the main part of the prices still went steady. In Jiangsu and Zhejiang, semi-dull chips market presented a dull market. Due to few storage in factories, the mainstream quotation kept relatively stable, however, for less buyers in the down stream, parts of factories tended to sell products at low prices; From the 9th to the 10th , polyester filament sales in Jiangsu and Zhejiang stayed stagnant, and the market seemed to be soft and weak. As many preferential promotion policies of factories came out, parts of quotations were made slightly lower; In the period of the 9th to the 10th , the sales in polyester filaments in Xiaoshan and Shaoxing warmed back, the batch size and the number of batches declined, the sales were mainly done in sporadic delivery. The whole market turnover decreased apparently compared with that of last issue but the main part of the whole price went steady and firm, the quotations temporarily kept stable. As the production and sales volume were very insufficient compared with last issue, some companies provided the sales promotion; In it, there had inadequate production and sales in POY filaments, a relatively dull sales in DTY filaments, and a declining production and sales in FDY filaments. The quotations of polyester filaments in the whole market went flatly and tenderly, some factories offered the preferential promotion. From the 6th to the 8th , the whole market of polyester staples in Jiangsu and Zhejiang rose up slightly, some factories had good sales, but the trend in turnover slowed down compared with last issue, buyers held stronger watch-and-see sentiment; From the 9th to the 10th, the whole market of polyester staples in Jiangsu and Zhejiang got slightly lower with dull sales. The market of polyester materials was consolidated after the rise. It is predicted that polyester market will be consolidated tenderly, but the trend in the whole market turnover will gradually slow down.

Apparel fabrics market had a small increase in turnover, driving the price index to rise up

The price index on apparel fabrics closed at 97.09 points, up 0.29% from last issue. Due to the fine days last week, the subscription scale was expanded. The product varieties of apparel fabrics displayed in the market increased apparently compared with that of last issue, the spot transactions of early-summer fabrics had a slight increase, so did order sending. In it, the price index on ramie/viscose fabrics closed at 97.41 points, up 2.20% from last issue. In ramie/viscose fabrics, the printed, embroidered and dyed products interacted with each other. Reactive printed and reactive color dyed products had various products in the market. In some areas, there had a large amount of order sending, which drove the price index to climb up apparently. The price index on polyester/nylon fabrics closed at 97.28 points, up 0.93% from last issue. As polyester/nylon fabrics came into the market increasingly, the daily sales volumes of spring and summer mid-heavy and light fabrics sold in different colors and patterns grew more than that of last week, and partial large salesrooms had a slight increase in order sending. The turnover of early-summer mid-heavy and light fabrics such as polyester/nylon pongee and polyester/nylon crepe increased slightly; In spring light polyester/nylon corduroy, color dyed, reactive printed, gold print, embroidered and other kinds interacted with each other, favored by the target northern customers. This pulled the price index to climb up. The price index on fashion fabrics closed at 97.63 points, up 0.68% from last issue. The unit price of new-style fashion fabrics went relatively firmly due to order sending on early-summer fabrics increasing more than last issue, causing the price index on this category to climb up slightly compared with that of last week; Polyester fabrics, nylon fabrics, nylon/polyester fabrics, nylon/polyester/spandex fabrics, rayon/spandex fabrics, cotton fabrics and polyester/rayon fabrics with fashion styles interacted with each other in small quantities, the products by using reactive dying and printing, and yarn-dyed striped and checked fabrics, jacquard fabrics, embroidered fabrics were welcomed by garment factories. To the whole market, the order volumes on fashion fabrics grew slightly compared with last week, the whole market tended to rise up slightly. Especially, in International Trade Zone of China Textile City, the newly developed fashion apparel fabrics of over 120 cloth companies or trading companies won the market for the quality, target domestic and foreign customers actively placed orders, the extra value of the fabrics got higher than that of staple products.

It is forecast that the transaction scale of the whole market of China Textile City tends to be expanded gradually. As the sales continue to be active in parts of domestic markets, customers from target secondary markets all around the country and fashion accessories manufacturers are still active in spot goods subscription and placing orders. Different varieties of spring and summer fabrics interact with each other, early-summer light apparel fabrics remain to be the mainstream in sales. Mid-heavy and light apparel fabrics keep good sales in some areas, such as polyester fabrics, polyester/nylon fabrics, nylon/cotton fabrics, T/C printed fabrics, cotton printed fabrics, ramie/viscose fabrics and fashion fabrics, the turnover rising up gradually. In home textile, curtain fabrics and curtain gauzes with new styles and creative patterns will continue to sell well in partial areas, the sales volumes rank ahead of home textile even main categories of China Textile City. Up to now, China Textile City Textile pattern copyright registration and protection has set the protection of pattern copyrights as the starting point and established the protective system with "judicial protection, industrial and commercial administrative management protection, arbitration protection and mediation protection" . The development on innovative fabrics are further enhanced, so more fabrics in new-style patterns come to the market apparently, boosting the business scales of curtains and curtain gauzes to rank first in main products of China Textile City, the sales volumes are also listed ahead of main products of China Textile City; Bedding sets and apparel fabrics promote the sales scales to extend further for the new-style pattern fabrics.


Top 10 Categories in Rising

Top 10 Categories in Falling

1 Lining Materials

3.39%

1 T/C Fabrics

-1.94%

2 Ramie/Viscose Fabrics

2.20%

2 Polyester Fabrics

-1.06%

3 Polyester/Nylon Fabrics

0.93%

3 Polyester/Spandex Fabrics

-0.94%

4 Fashion Fabrics

0.68%

4 Belts

-0.51%

5 Curtain Gauzes

0.27%

5 Laces

-0.49%

6 Thread & Rope

0.22%

6 Blended

-0.44%

7 Polyester

0.22%

7 Daily-use Home Textile

-0.40%

8 Apparel Linings

0.19%

8 Viscose

-0.11%

9 Other Chemical Fiber

0.18%

9 Polyester/Wool Fabrics

-0.11%

10 Chemical Fiber Grey Cloths

0.17%

10 Natural Fiber Grey Cloths

-0.03%

In this issue, the price indices on lining materials, ramie/viscose fabrics, polyester/nylon fabrics, fashion fabrics, and curtain gauzesranked 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/C fabrics, polyester fabrics, polyester/spandex fabrics, belts and laces ranked the first five categories in falling. The turnover declined in different degrees compared with last issue. The slight decrease of unit price of partial representative products was the main factor.