The “China • Keqiao Textile Index” 20210308 closed at 107.11 points, 1.86% up from the previous quarter flat year-on-year. Recently, textile sales of China Textile City continued to increase. The prices of apparel fabrics and home textiles decreased slightly, while prices of raw materials and grey cloth increased significantly, which pulled the current price index up.
Raw materials quotation increased
Recently, prices of regular raw materials still in low condition. The demand for downstream weaving manufacturers is basically line with the need; the inventory of buyers is further declining. It is expected that the price of long filaments the domestic market will increase later. The prices of cotton linen other staple fiber yarns further increased, but the rayon products had begun to start the autumn marketing, the turnover was slightly higher. The coming period, the trend of viscose products will increase gradually.
Grey cloth stock increased
The grey cloth market experienced a slight upward trend. The grey cloth increased, especially the chemical grey cloth. It can be expected that the next two to three weeks, autumn new products will go to the market rapidly, which can ease the downstream demand. Due to the stabilization of raw material prices, prices of chemical fiber grey cloths have steadily risen; suppliers are waiting to see the trends, which led to a drop transaction. With the increase demand, market supply demand will be balanced, trading will reduce.
Apparel fabrics sold well
Cold weather decreased the purchasers in market. The market will in off season gradually. The prices of fabrics are increasing with the new designs. As the price of raw materials fluctuated, the fabrics trades have an opportunity. Turnover rose significantly. With the change of season, summer products become welcomed by downstream. In the next period, the demands and purchase of summer products will be continuing decreased.
Sales of home textiles decreased significantly
The recent market demand of the home textiles increased slightly, the trading was notably insufficient. The sales of bedding and curtains were stable, but other varieties need to be pushed forward. The orders and turnover showed a downward trend. From the perspective of the recent market performance, the recovery of home textile products will be improved by the warmer weather.
Clothing accessories market decreased
The apparel lining sales have increased. The quotation increased and will not increase in a short time. The other accessories increased. In the future week, the demand of summer fabrics will be increased. The turnover and orders will be decreased, which will pull the quotation down