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Marketing of Spring Market of China Textile City Rises This Week

date£º2021-03-29 author£º

FC Index of Keqiao’s textile on March 29th was 107.82, up 0.33% from the prior week, up 3.23% compared with the beginning of 2021, and up 3.08% compared with the same period last year.
Marketing of spring market of China Textile City rises this week. Amount price of raw material market drops compared with last week, amount price of grey cloth market rises obviously, amount price of garment fabric market’s cloth falls slightly, transaction amount price of home textile products drops slightly compared with last week, and the price of accessories drops slightly.
Firstly, raw material market drops compared with last week. The price of polyester fabric falls compared with last week and the price of 100%cotton yarn falls compared with last week.
 FC Index of raw material is 88.15 this week, down 0.43% from the prior week, up 10.05% compared with the beginning of 2021 and up 10.82% compared with the same period last year.
1.       Polyester market falls compared with last week and the price of polyester falls compared with last week.
FC Index of polyester raw material falls compared with last week. PTA stocks in East China are mainly 4260—4275 yuan/ton, 135—200yuan/ton lower than last week. MEG is mainly  5200—5210 yuan/ ton, 95—275yuan/ ton lower than last week; Market quote of polyester chip falls compared with last week. Cash or acceptance of March of semi-gloss slice in Jiangsu and Zhejiang is about 5950—6000 yuan/ton, about 225—325 yuan/ton lower than last week. As the price of international oil falls compared with last week , the price of PX, PTA, MEG and polyester chip falls compared with last week. The price of polyester filament in Xiaoshan and Shaoxing falls slightly compared with last week . The quote of POY, FDY, DTY falls.
The price of polyester fiber falls compared with last week. The price of 1.4D×38MM direct spinning polyester fiber in Jiangsu and Zhejiang is mainly 6925 yuan/ ton, 200 yuan/ton lower than last week. The price of 1.4D polyester fiber falls compared with last week. Market quote of 100% polyester yarn in Zhejiang and Jiangsu falls compared with last week and 32S 100%polyester yarn is about 12110—12160 yuan/ton, about 290—420 yuan/ton lower than last week. 45S 100%polyester yarn in Zhejiang and Shandong is about 13300 yuan/ton, 400—500 yuan/ton lower than last week.
2.       The price of 100%cotton yarn falls compared with last week , and the price of rayon yarn falls compared with last week.
Market quote of 100%cotton yarn in Xiaoshan and Shaoxing falls compared with last week. The price of rotor spinning 10S 100%cotton yarn is 13980—14020 yuan/ton, which is about 170—230 yuan/ton lower than last week. The price of carded 32S 100% cotton yarn is 24750—24850 yuan/ton, about 380—530 yuan/ton lower than last week. The price of combed 40S 100%cotton yarn is 28580—28680 yuan/ton, about 330—450 yuan/ton lower than last week. Upstream cotton market falls, deals and investments of 100%cotton yarn are not large and the price falls. Downstream orders reduce and merchants cut prices which bring difficulties to textile mills. Factories which have many orders insist their prices but many factories have few orders and some textile mills have reduced their prices by 1000yuan/ton.
The raw material price of viscose staple fiber is stable compared with last week. The price of 1.5D×38mm viscose staple fiber is about 15750 yuan/ton which is stable compared with last week. The price of rayon yarn falls compared with last week. The quote of 30S rayon yarn is about 19350—19400 yuan/ton, which is about 200—250 yuan/ton lower than last week. The quote of 40S rayon yarn is about 20500 yuan/ton, which is about 300 yuan/ton lower than last week. Because there are few orders in downstream domestic and foreign markets, rayon yarn factories mainly sell stocks and the market adopts “wait and see” attitude.
Secondly, grey cloth market rises compared with last week and FC Index rises obviously.
FC Index of grey cloth is 123.20 this week, up 2.54% from the prior week, up 3.44% from the beginning of 2021 and up 3.49% compared with the same period last year.
FC Index of grey cloth rises obviously this week. Marketing rises compared with last week. Orders of grey cloth rise compared with last week. The price of grey cloth rises obviously. Market of blended fiber grey cloth rises day by day and its FC Index rises obviously. Transaction amount price of T/C yarn khaki grey cloth, polyester cotton poplin grey cloth, polyester viscose grey cloth, polyester linen grey cloth, nylon cotton linen grey cloth rises day by day. Orders and shipments of chemical fiber grey cloth rise and its FC Index rises. Transaction amount price of polyester yarn grey cloth, polyester spinning grey cloth, polyester crepe grey cloth, polyester linen grey cloth, polyester satin grey cloth rises compared with last week. So total FC Index of grey cloth rises obviously.
Thirdly, garment fabric falls sequentially, and FC Index falls slightly
FC Index of garment fabric is 116.78 this week, down 0.05% from the prior week, up 0.03% from the beginning of 2021 and down 0.63% compared with the same period last year.
FC Index of garment fabric falls slightly this week. As the upstream raw material falls, market players have little confidence in the market and they adopt “wait and see” attitude. The sales of garment fabric of China Textile City’s fabric market fall compared with last week. Market transactions of common fabric fall slightly and its amount price falls slightly. Delivery of spring garment fabric falls compared with last week and orders of summer fabric are few and its price falls, too. Transaction amount price of polyester fabric, polyester wool fabric, polyester viscose fabric, polyester nylon fabric, viscose wool fabric, nylon cotton fabric falls, so total FC Index of garment fabric falls slightly.
Fourthly, home textile market falls, and FC Index falls slightly
FC Index of home textile is 101.78 this week, up 0.13% from the prior week, down 0.24% from the beginning of 2021 and up 0.04% compared with the same period last year.
FC Index of home textile falls slightly this week. The sales of home textile market of China Textile City fall compared with last week and the price falls sequentially. Stock transactions and orders of fabric with common color and patterns fall and stock transactions and orders of cheap fabric fall compared with last week and their amount price falls slightly. Stock transactions and orders of beddings fall and amount price falls slightly. Stock transactions and orders of curtains and window gauzes fall, and their FC Index falls slightly, so total FC Index of home textile falls slightly.
Fifth, accessories market falls sequentially, and FC Index falls slightly compared with last week.
FC Index of accessories is 131.51 this week, down 0.54% from the prior week, up 0.41% from the beginning of 2021 and down 0.64% compared with the same period last year.
FC Index of accessories falls slightly this week. The market of garment accessories of China Textile City’s traditional market falls slightly. As stocks of downstream enterprises decrease day by day ,market transactions fall slightly compared with last week, transactions and orders fall slightly compared with last week and the price falls. Market of lining fabric and its FC Index fall. Market of lace and its FC Index fall. So total FC Index of accessories falls slightly compared with last week.
Sixthly, the forecast of FC Index of aftermarket.
The whole market of China Textile City next week is expected to fall. Tomb Sweeping Day is coming, so some merchants return to their hometown. Transactions of stocks and shipments of orders of spring and summer fabric partly fall. Because orders of merchants and weaving factories decrease partly, supply of spring and summer fabric of aftermarket is not enough, transactions of stocks and shipments of orders decrease, the rate of using machines of weaving enterprises isn’t high and the output of printing and dyeing enterprises is poor. It is expected that the purchase of common products will fall. The transaction of the overall aftermarket will fall.

Top 10 of rising

Top 10 of decreasing

1¡¢thread ropes

9.59%

1¡¢lining fabric

-2.46%

2¡¢blended fiber grey cloth

4.66%

2¡¢garment lining

-2.23%

3¡¢chemical fiber grey cloth

3.21%

3¡¢lace

-1.72%

4¡¢ hemp viscose fabric

2.66%

4¡¢polyester nylon fabric

-1.33%

5¡¢belts

2.48%

5¡¢cotton and linen

-0.96%

6¡¢polyester cotton fabric

1.49%

6¡¢polyester fabric

-0.82%

7¡¢100% cotton fabric

0.53%

7¡¢home textile

-0.81%

8¡¢other chemical fiber

0.48%

8¡¢polyester wool fabric

-0.75%

9¡¢viscose fabric

9.59%

9¡¢nylon cotton fabric

-2.46%

10¡¢nylon fabric

4.66%

10¡¢natural fiber grey cloth

-2.23%

Issued by: Ministry of Commerce, PRC
Prepared by: Construction Management Committee of China Textile City
Compilation Office of “Keqiao, China Textile Index"
Chinese site£ºhttp://www.kqindex.cn/
English site£ºhttp://en.kqindex.cn/
Phone£º0575-84125158     Contact person£ºWei Yinan
Fax£º0575-84785651